European Investment Bank Casts Doubt On EU Plan to Salvage Nuclear Deal

Jul 18, 2018

On Wednesday Reuters reported that the European Investment Bank would put its global operations at risk by investing in Iran. The EU’s not-for-profit lender fears any dealings with Iran would jeopardize its ability to raise money on U.S. markets and have far-reaching consequences for its operations. After U.S. President Donald Trump pulled out of the Iran deal the European Union, China and Russia were left to salvage the accord to prevents Tehran from developing a nuclear weapon.