Reuters - Germany and its European partners are considering setting up a payment system with Iran that allows the continuation of business transactions with the Islamic Republic once U.S. sanctions kick in, an economy ministry spokeswoman said on Friday. As you know, it is a central goal of the EU and the German government to ensure that the processing ...

Bloomberg - Germany and France said theyre working on financing solutions to sidestep U.S. sanctions against countries such as Iran, including a possible role for central banks. The discussions, which also involve the U.K., are a signal that European powers are trying to get serious about demonstrating a greater level of independence from the U....

Reuters - Europe needs to set up payment systems independent of the United States if it wants to save the nuclear deal between Iran and major powers that was abandoned by President Donald Trump, German Foreign Minister Heiko Maas said. Thats why it is indispensable that we strengthen European autonomy by creating payment channels that are independent ...