In today's episode, the EU has offered Lebanon a financial package of €1 billion, European Commission President Ursula von der Leyen said on Thursday, which includes efforts to tackle border control and smuggling.
Meanwhile, a group of United States congressmen tabled a bill which would extend the waiver renewal period for the country’s arms embargo on Cyprus from one year to five years.
Elsewhere, Cyprus welcomed a Moneyval report that said the country had improved measures in tackling money laundering and combating terrorism financing, though it
identified existing shortcomings.