European Commission proposes direct money transfers to Iran to evade U.S. sanctions

European Commission proposes direct money transfers to Iran to evade U.S. sanctions

[Ed. – The sense of a pitched battle between good and evil is really growing.  These people want to throw off the mask and actively collude with Iran’s brutal, thuggish, homicidal, terror-sponsoring, regionally disruptive regime.]

The European Commission is proposing that EU governments make direct money transfers to Iran’s central bank to avoid U.S. penalties, an EU official said, in what would be the most forthright challenge to Washington’s newly reimposed sanctions.

The step, which would seek to bypass the U.S. financial system, would allow European companies to repay Iran for oil exports and repatriate Iranian funds in Europe, a senior EU official said, although the details were still to be worked out.

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