Iran’s oil customers should not expect new US waivers in May, the US Special Representative for Iran, Brian Hook, said this week, urging buyers to stop importing Iranian oil. “What we have announced is the policy to get to zero imports of Iranian crude as quickly as possible. We are not looking to grant any future waivers or exceptions to our sanctions regime, whether it is oil or anything else,” Hook told Japanese public broadcaster NHK while on a visit to Japan. Source RT
The euro zone is worried about the heavily indebted Italian economy’s weak growth and needs Rome to implement its budget plans “with credibility”, the head of the currency bloc’s group of finance ministers said. Source: Reuters
Public debt in Greece and Italy, the two most indebted countries of the euro zone, grew last year while the bloc as a whole recorded an overall decrease in its liabilities, the European Union statistics office said on Tuesday. Source: Business Recorder
Germany’s Finance Minister, Olaf Scholz had ruled out any possibility of injecting new monetary stimulus as debts to stimulate slowing German economy and blamed external factors like trade disputes and risk of United Kingdom leaving European Union behind this year’s anemic growth. Source: Financial World
