Tag: deepening economic isolation
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Algeria’s economic isolation deepens as EU Blacklisting triggers financial fallout

North Africa PostComments Off on Algeria’s economic isolation deepens as EU Blacklisting triggers financial fallout

Algeria is entering a phase of deepening financial isolation following its inclusion on the European Union’s updated list of high-risk countries for money laundering and terrorism financing. While the blacklisting was formalized on June 10, 2025, its consequences are now materializing across Algeria’s already fragile financial system, exposing long-standing structural weaknesses. The EU’s decision, aligned […]
Business Columns Maghreb Morocco

Algeria deepens economic isolation by anti-Moroccan ports measures

North Africa PostComments Off on Algeria deepens economic isolation by anti-Moroccan ports measures

Following a meeting of its security council, Algeria took another self-defeating measure in a series of economic warfare measures against its western neighbout by banning its banks from engaging in financing any imports that engage in transit or transshipment in Moroccan ports. The hostile decision adds to the halt of the gas supply to Morocco […]