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| Syria-Lebanon-Iran |
| Iran Says European Union Sanctions Against Bank Melli `Illegal' |
| 2008-06-25 |
| (Bloomberg) -- Iran called broadened economic sanctions by the European Union targeting the country's Bank Melli and other companies ``illegal'' and counterproductive to recent attempts to re-start talks over its nuclear work. The EU sanctions, which follow U.S. moves and freeze assets of 15 Iranian companies in Europe and impose travel restrictions on 20 people, are ``illegal and contradictory,'' said Foreign Ministry spokesman Mohammad Ali Hosseini, according to the state-run Islamic Republic News Agency. Iran is examining an incentives package, offered by the EU, in exchange for a halt to the Persian Gulf country's nuclear program. Iran, which refuses to halt its atomic work, has presented its own package to the United Nations. |
| Posted by:Fred |