EU’s Limited Sanctions Against Hezbollah Could Have Broad Effect on Group

By Colby Adams

A European Union decision to impose sanctions on Hezbollah's military wing will also compel financial institutions in Europe to comb their accounts for links to the group's social services and fundraising arms. The designation, published Monday, calls for banks on the continent to freeze assets linked to the organization's militant members, who have been tied to a July 2012 bombing of a bus in Bulgaria that killed five Israeli tourists and the driver, and the arrest that month in Cyprus of a Hezbollah operative alleged to have been preparing a similar attack. Although questions abound about the efficacy of the...