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Mohammad Reza Pour-Ebrahimi:

Euro reaching to the end of story

Service : Politic
Tehran, Sept 17, (ICANA) – Member of Majlis Economic Commission says that the European Union’s single currency is reaching to the end of the story and it can no longer be described as the unity factor among the EU countries.
Monday, September 17, 2012 3:39:30 PM
Euro reaching to the end of story

In an interview with ICANA on Monday, he said, “The euro which was once thought to be the unity factor among the EU members is now the real cause of disputes between the European countries."

“The EU has always blindly followed the economic policies of the United States and this has created many challenges for the European countries,” he added.

Referring to the effect of Iran sanctions on the current EU economic situation, he said, “Cutting off economic and trade relations with a country which is regarded as the fourth largest economy in the Non-Aligned Movement and one of the economic powerhouses in the region has certainly effected the EU’s economic situation,” he concluded.

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