News
06 June 2018

EIB, under pressure from the US, balks at EU plan to work in Iran

Region:
Middle East & Africa, Europe

The European Investment Bank has balked at an EU proposal to do business in Iran to help offset US sanctions and save the 2015 nuclear deal - under pressure from the US, where the bank raises much of its funds. The resistance from the European Union's lending arm underscores the limits of the...

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