Global Analysis from the European Perspective. Preparing for the world of tomorrow




EU’s bank says cannot ignore U.S. sanctions on Iran

The European Investment Bank on Wednesday said it could not ignore U.S. sanctions on Iran, rejecting the EU executive plan that it to do business there in an effort to save the 2015 nuclear deal. The pushback from the European Union’s own lending arm underscores the limits of the bloc’s ability to shield trade with Iran from the reimposition of U.S. sanctions after President Donald Trump abandoned the nuclear accord last month. Source Reuters


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