Expresses appreciation to the European Union (EU) for the progress made in countering Hizballah since the EU designated Hizballah's military wing as a terrorist organization. Supports: (1) U.S.-EU cooperation in thwarting Hizballah's criminal and terrorist activities; and (2) transcontinental efforts within Europe to share intelligence information among police and security services to facilitate greater cooperation in tracking, apprehending, and prosecuting terrorists, foreign fighters, and potential offenders. Encourages the EU to implement sanctions against Hizballah-affiliated terrorists. Urges the EU to designate Hizballah as a terrorist organization and increase pressure on the group, including through: better cross-border cooperation among EU members; issuing arrest warrants against Hizballah members and supporters; freezing Hizballah's assets in Europe, including those masquerading as charities; and prohibiting fund raising activities in support of Hizballah.