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| Europe |
| Germany examining Iranian request to move $353m back to Tehran |
| 2018-07-10 |
| [IsraelTimes] Bild newspaper reported Monday that the Iranian regime wants to bring home 300 million euros ($353 million) it has in the European-Iranian Trade Bank to have on hand when American financial sector sanctions come into effect. Finance Ministry spokeswoman Jeanette Schwamberger confirmed the request had been made, and said it’s now being checked by financial regulators as are all large transactions involving countries where there might be possible "money laundering or terror financing." |
| Posted by:trailing wife |
| #7 I heard of a guy who owed a few hundred to the Mass. DOR when I was working there. He brought in a wheelbarrow full of pennies to pay his bill, and they had to accept it. A few months later they passed a law saying payment in pennies was no longer kosher. He owed money the next year and brought nickels instead. They then modified that law to say 'no coins at all'. I always wanted to meet that guy... |
| Posted by: Raj 2018-07-10 17:07 |
| #6 nonstop counting 24/7 (1 cent per second) would take about 950 years. |
| Posted by: European Conservative 2018-07-10 16:07 |
| #5 but only in 1 cent coins "You get a Pfennig and you get a Pfennig and you get a Pfennig..." |
| Posted by: SteveS 2018-07-10 15:25 |
| #4 I would approve the transfer, but only in 1 cent coins, manually counted by one Iranian official three times in the presence of a a German official every first Friday of the month between 10 and 11 am. |
| Posted by: European Conservative 2018-07-10 14:27 |
| #3 Would this fall under US sanctions? Also, Merkel may not be able to help them on immigration anymore, but this may be another way the people haven't figured out yet. |
| Posted by: gorb 2018-07-10 12:34 |
| #2 Iran is approaching a tipping point domestically, and cash would help them manage that, so no NOT send it Germany. Surely the officious Germans can slow-roll this, like everything they want to in business! |
| Posted by: NoMoreBS 2018-07-10 12:16 |
| #1 It is show time for Germany. |
| Posted by: Alaska Paul 2018-07-10 11:27 |