Kirk-Shaheen letter calls on ECB to eliminate Iran’s access to foreign held euros
WASHINGTON, D.C.–(ENEWSPF)–February 26, 2013. As Iran continues its pursuit of a nuclear weapons capability, U.S. Senators Mark Kirk (R-IL) and Jeanne Shaheen (D-NH), along with 34 other U.S. Senators, yesterday asked the European Union (EU) to close a significant loophole in US-EU sanctions against Iran by severing Iran’s ability to access foreign held euros through the European Central Bank’s (ECB) Target2 settlement…
