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Europe Failed to Support Iran’s IMF Loan Request

Europe Failed to Support Iran’s IMF Loan Request Europe Failed to Support Iran’s IMF Loan Request

President Hassan Rouhani told Germany’s new ambassador on Tuesday said that Iran expected the three European Union countries signatory to the landmark nuclear deal to support its loan request from the International Monetary Fund. 
In March the Tehran government asked the IMF for $5 billion in emergency loans to help it combat the coronavirus and mitigate its economic impact. The request was denied due to US pressure. 
Rouhani said Iran had expectations that the EU3 -Germany, France and the UK - would resist US pressures and help it receive the loan to meet its medical, health and pharmaceutical needs amid the Covid-19 spread, president.ir reported.

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