Bundesbank

brief
Europeans pushed back on US sanctions, helped Iranian banks circumvent them
December 2, 2020
Despite the U.S. sanctions imposed in October, Germany’s Bundesbank kept open multibillion-euro deposit accounts for Iranian banks to facilitate trade with the Islamic Republic.
U.S. Secretary of State Mike Pompeo and Treasury Secretary Steven Mnuchin announce new U.S. sanctions on Iran at the White House, Jan. 10, 2020. Credit: Jackson Richman/JNS.
Load more