Economics

Iran Deal Advocate Says EU Will Have to Bend to U.S. Sanctions

  • U.S. wields ultimate dollar power, according to Javier Solana
  • Former NATO chief and EU foreign envoy commments in interview
Javier SolanaPhotographer: Jock Fistick/Bloomberg
Lock
This article is for subscribers only.

Europe will have no choice but to comply with U.S. sanctions on Iran, according to Javier Solana, a former NATO secretary general and early advocate of the nuclear deal abandoned by Donald Trump.

Solana, who was a long-time promoter of diplomacy with Iran as the European Union’s foreign envoy, said that the U.S.’s international financial clout means EU efforts to get around sanctions are doomed to fail.