Merkel reaffirms commitment to nuke deal

Agence France-Presse

Le Maire pointed out that the withdrawal gives European firms doing business in Iran the "very short time of six months" to wind up investments - or risk United States sanctions.

The foreign ministers of France and Germany say they will hold on to the nuclear agreement with Iran, regardless of the upcoming USA decision on whether to nix the deal. "Europe needs to take his own destiny into their own hands, this is a task for the future", she said.

Germany must wean itself off the "fetish" of fiscal conservatism if it has ambitions to become a leading force for European renewal, French President Emmanuel Macron said on Thursday.

Trump's decision to withdraw from the accord and reinstate sanctions on Iran is a disappointment to Macron, who has sought to forge a close relationship with the USA leader and lobbied for the deal to be kept alive during a state visit last month.

Washington has already warned that European companies will be subject to fresh sanctions against Tehran, setting a six-month deadline to end any business in Iran or risk heavy penalties.

Mr Trump has previously criticised North Atlantic Treaty Organisation allies in Europe for spending too little on defence.

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"I regret the decision of the American president". Despite the push for improved defence cooperation, the process remained in its infancy, said the German leader.

Europe has to "act together and speak with one voice", she said, as cited by Germany's Die Welt newspaper.

Foreign Minister of Germany Heiko Maas then made a statement that in Berlin to give a report about how important is for the region and the world agreement with Iran.

"The days when the USA was just defending us over".

"If we accept that other major powers, including allies. put themselves in a situation to decide our diplomacy, security for us, and sometimes even make us run the worst risks, then we are not more sovereign and we can not be more credible to public opinion".

Paris and Berlin might be about to deliver a Eurozone reform plan at an European Union summit in Brussels toward the end of June, but German are far from convinced by Mr Macron's proposals. Merkel supported Macron's call for pan-European universities and common migration policy, but limited her comments on the euro to saying "we need a stable and sustainable" monetary system.

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