On Wednesday 18 July, the President of the European Investment Bank (EIB), Werner Hoyer, said that investing in Iran would put the Bank of the European Union’s commercial model in danger.
Mr Hoyer presented the results from the Juncker European investment plan as positive (see other article) and stated that “We have to take note of the fact that we would risk the business of the bank if we were active in Iran. So we must find more intelligent ways to support a policy vis-à-vis Iran and...