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EU to reactivate 'blocking statute' against US sanctions on Iran for European firms
Deutsche Welle ^ | 05.17.2018 | cmb/msh (dpa, Reuters, AP)

Posted on 05/17/2018 2:21:29 PM PDT by Olog-hai

European Union Commission President Jean-Claude Juncker announced Thursday that the bloc plans to reactivate a law that would seek to block European companies from complying with any sanctions the US would reintroduce against Iran.

Juncker’s announcement came during the second day of an EU meeting in the Bulgarian capital, Sofia, which had already been marked by sharp criticism from European leaders over American President Donald Trump’s decision to pull the US out of the 2015 Iran nuclear deal. […]

German-headquartered insurance firm Allianz and Danish shopping company Maersk have already said they plan to close operations in Iran in order to avoid getting hit by reintroduced US sanctions.

The 1996 legislation leaves it up to each EU member state “to determine the sanctions to be imposed in the event of breach of any relevant provisions of this Regulation,” adding that such sanctions “must be effective, proportional and dissuasive.”

European companies with large operations in the US are putting pressure on their governments to grant them individual waivers. …

(Excerpt) Read more at dw.com ...


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; War on Terror
KEYWORDS: blockingstatute; dhimmitude; eurabia; eussr; fourthreich; iran; jcpoa; juncker; obamalegacy; rop; viertesreich; worldwar3
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To: Olog-hai

EU

Do you REALLY think you have the stones to pull this off?

You where the middle class, such as it is, has a refrigerator the size of a USA dorm room beer fridge, a kitchen smaller than the average USA guest bathroom and so few people own cars that you can charge exorbitant amounts for gasoline all to pay for a tax?

And if we pull our military out and say “tine to pay for your own defense” you would crap your drawers so hard it would be heard all the way to Jupiter.

Do you REALLY want to go nose-to-nose with a POTUS who LOVES going nose-to-nose?

Do ya?


21 posted on 05/17/2018 3:04:02 PM PDT by freedumb2003 (robert mueller is an unguided missile)
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To: KC_Lion

the eu plans on it’s own military. US to drop nato with no reciprocal agreement.


22 posted on 05/17/2018 3:10:23 PM PDT by chief lee runamok
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To: freedumb2003

And if we pull our military out and say “tine to pay for your own defense” you would crap your drawers so hard it would be heard all the way to Jupiter. …
Since that is a stated goal of the EU going back decades, they would rejoice at that. Their current tactic is to starve the US military so that it will pull out and then they redouble funding on the EU military, which is being built steadily and quietly by the Bundeswehr taking over command of the military forces of other EU countries right now, not to mention the EU military headquarters that has already been established.
23 posted on 05/17/2018 3:13:10 PM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: Trump20162020

Well, blocking the GE-Honeywell merger was one instance of the EU dictating to the USA with respect to business deals. Bad precedent, that was.


24 posted on 05/17/2018 3:19:13 PM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: Olog-hai

EU is openly funding terror.

Odd. /s


25 posted on 05/17/2018 3:39:05 PM PDT by Eddie01
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To: chief lee runamok

All US troops out of the EU.


26 posted on 05/17/2018 3:39:48 PM PDT by Eddie01
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To: Olog-hai

Threats to Israel are largely a deliberate distraction by Iran. Once they work out all the bugs with their nuclear tipped ICBM arsenal, the first cities blackmailed with nuclear destruction will be the likes of Berlin, Paris, and Rome.


27 posted on 05/17/2018 3:58:34 PM PDT by SpaceBar
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To: Olog-hai

Then let these bastards defend themselves. No more US shield over Europe.


28 posted on 05/17/2018 4:51:33 PM PDT by beethovenfan (I always try to maximize my carbon footprint.)
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To: Olog-hai

FTEU, they are a bunch of ungrateful Fascists spiraling down the hellhole.


29 posted on 05/17/2018 6:02:37 PM PDT by shanover (...To disarm the people is the best and most effectual way to enslave them.-S.Adams)
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To: beethovenfan

That’s one of the things that they want. Not a good idea to give such connivers such a thing if they want it that badly.


30 posted on 05/17/2018 7:13:17 PM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: All
Easy answer to the NATO lack of EU country funding problem.

The US should simply reduce it's contributions to equal the lowest percentage from any EU country.

The funding would either increase quickly or the NATO would slowly disappear, which maybe a good thing.

31 posted on 05/17/2018 9:29:14 PM PDT by az_gila
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To: az_gila

We should also be contacting Mercedes, BMW and VW and Siemens to let them know their product won’t be bought in the U.S.


32 posted on 05/18/2018 2:35:11 PM PDT by BTerclinger (MAGA)
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