Iran deal: Merkel cautious on compensation after US pullout
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May 18, 2018
SOFIA, Bulgaria (AP) — German Chancellor Angela Merkel signaled Thursday that it won't be feasible to offer wide-ranging compensation to European companies affected by U.S. sanctions over Iran's nuclear program.
President Donald Trump last week withdrew the U.S. from the 2015 Iran nuclear deal, but European signatories vowed to salvage it. Trump's move means that Iran is likely to be hit with U.S. sanctions. It is possible they might also have an impact on some European companies doing business with Iran.
Merkel said after EU leaders met in Bulgaria that "all European Union member states still...
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