Many Europe banks already cut Iran ties
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Britain applauded a U.S. decision Thursday to target Iran with banking sanctions, but many European financial institutions already curbed ties with Tehran and analysts said it wasn't clear whether others would rush to take similar steps.
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The United States, determined to prevent  Iran from building nuclear weapons, is piling pressure on  European firms to stop them doing business with Tehran,  diplomats say.
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An Iranian exile group bristled yesterday at a European offer of incentives aimed at getting the Tehran regime to stop uranium enrichment, saying
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CARROT AND STICK: The EU is hoping Iran will cease its nuclear program before the IAEA meets later this month. Another option could be economic sanctions.
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Key European nations put finishing touches Tuesday on a proposal meant to enlist the support of Russia and China for possible U.N. Security Council sanctions against Iran should Tehran refuse to abandon uranium enrichment, diplomats said.
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Credit worries will take a further bite out of global economic growth, including Europe.
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Iran&#39;s nuclear  programme has slipped so far down the European Union&#39;s agenda  that it did not even figure at a two-day brainstorming session  of the bloc&#39;s 27 foreign ministers this week.
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VIANA DO CASTELO, Portugal  - Iran's nuclear programme has slipped so far down the European Union's agenda that it did not even figure at a two-day brainstorming session of the bloc's 27 foreign ministers this week.
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Officials say Iran has's continued conversion of uranium for enrichment signals potential trouble for a new and still untested agreement between the Islamic republic and European countries.
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A military attack on Iran's nuclear facilities would be a mistake, the European Union's foreign policy chief said Sunday.
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The Bush administration has stepped up a broad effort to choke off Iran's ability to finance militant groups and acquire weapons technology by cutting off suspect banks and firms from the international banking system, U.S. officials said yesterday.
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Britain, France and Germany ended the second round of talks with Iran here Wednesday, failing to reach agreement on Iran&#39;s long-term suspension of uranium enrichment, according to local reports.
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Britain, France and Germany are working to give Iran a last chance to avoid confrontation with the West over its nuclear program by offering incentives to curtail its most sensitive activities.
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PARIS In an effort to stop Iran from producing a nuclear bomb, the 25 leaders of the European Union on Friday offered the country possible economic and political incentives if it suspends its production of enriched uranium.
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Europe's initiative to prevent a military confrontation between the United States and Iran represents a new coming of age in world affairs for a Europe often described as an economic giant but a geo-political ...
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European Union leaders Friday dangled the prospect of a lucrative trade pact to Iran if the Islamic republic suspends its nuclear programme.
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Treasury Secretary Henry M. Paulson Jr. said Iranian front companies were exploiting industrial nationsÂ banking systems.