The government approved its recovery plan last week, announcing that it would form the basis of negotiations with the International Monetary Fund for aid.
"Interior Minister Horst Seehofer has banned the Shia terrorist organisation Hezbollah in Germany," a ministry spokesman says, as country raids several places to detain suspected members of group.
The policy of relying too much on debt to fund the budget has created problems for the young government of Prime Minister Hassan Diab.
The country faces its worst economic crisis in recent history, now compounded by a nationwide lockdown to stem the spread of Covid-19, with its currency losing more than half of its value and prices soaring.
Six months after popular protests erupted across the country, the pandemic is making a meal out of an already fragile situation.
The country, hit by a severe liquidity crunch and months of anti-government protests, was due on March 9 to repay a $1.2-billion Eurobond, while another $700 million matures in April, and a further $600 million matures in June.
After months of protests that led to the resignation of the previous prime minister, his replacement Hassan Diab says he will deal with an ongoing currency crisis and promises economic reform.
Protests demanding the removal of politicians deemed incompetent and corrupt have gripped Lebanon since October 17 and forced the resignation of the government.
As the country slides closer to economic collapse and people are unable to access their money, questions are being asked about how the currency was kept stable for so many years during economic stagnation.
Debt-ridden and protest-hit Arab country faces economic "catastrophe", Prime Minister Hassan Diab says, as his newly unveiled cabinet meets for the first time.
Lebanon formed a new government after the Shia Hezbollah movement and its allies agreed on a cabinet that must urgently tackle the crisis.
Protests began in October 2019 and have already succeeded in ousting the prime minister. However authorities appear to be in no mood for further protests.
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