EU - Euro Eurozone

EU Said To Reject Ballistic Missile Penalties on Iran

57762416-E7AD-4616-A146-C4B7D235992A.jpegMembers of the European Union are balking at imposing sanctions on Iran for its ballistic missile program, The Times of Israel reported last week. EU members Spain, Italy and Austria rejected proposed penalties by the United Kingdom, France, and Germany, which would penalize Iran for its continued ballistic missile program and support for the Assad regime in Syria’s civil war. These penalties would include freezing assets as travel bans on 15 individuals, companies, and groups involved in these endeavors. The U.K., France and Germany are attempting to fix the nuclear deal with and address weaknesses in the deal so that President Donald Trump will not withdraw from the deal as threatened……More