“We also decided to allow the European Investment Bank to facilitate European companies' investment in Iran.

French President Emmanuel Macron ruled out on Thursday any trade war with the United States over its withdrawal from the Iranian nuclear deal as a wave of European companies quit business with Tehran, fearing the global reach of US sanctions.

“With the withdrawal of the US from the treaty the banks are no longer ready to fund Iranian projects for fear of secondary sanctions,” Danieli CEO Alessandro Trivillin said.

Both are nothing but pathetic windbags with dwindling power.

Macron wants to be the European savior but he is just another windbag who bows down to Trump internationally while accomplishing nothing domestically.

Categories: ZH