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Palmyra, Syria. The Islamic State group allows and organises lootings to fund its terror activities. (Photo: Juan Llanos)

EU to crack down on art-funded terrorism

The European Commission has presented measures to crack down on the traffic of cultural goods as part of an effort to cut funding to terrorist groups.

"Terrorists are well and truly artwork traffickers," EU tax commissioner Pierre Moscovici said at a press conference on Thursday (13 July).

Referring to the Islamic State (IS) jihadist group, he said that terrorists were waging an "ideological struggle" when destroying monuments, but that they were also "shrewd businessmen".

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