Europe Lost Over $100 Billion Due to Iran Conflict, German Chancellor Says
Translated & summarized from Cursorinfo by baba
German Chancellor Friedrich Merz announced that Europe has lost over 100 billion euros in the last eight months due to the US-Iran conflict, mainly from increased energy costs. Iran's Foreign Minister Abbas Araghchi dismissed this figure as minor compared to potential Iranian retaliation and noted that Iran's previous boundaries are now irrelevant. The article also touches on Germany's support for Israel and a past warning from US President Donald Trump about engaging with Iran.
The story in 6 lines · by baba
- Europe lost over 100 billion euros in eight months due to the US-Iran conflict, according to German Chancellor Friedrich Merz.
- Iranian Foreign Minister Abbas Araghchi stated that Iran's potential damage to aggressors outweighs Europe's financial losses.
- Araghchi indicated that Iran's previous "red lines" are no longer relevant.
- Germany continues to support Israel, including militarily, despite disagreements with its current leadership.
- US President Donald Trump previously warned Europe against normalizing relations with Iran, citing risks of terror.
- Merz previously welcomed US and Israeli strikes against Iran, calling them a "dirty job" for Europe.
German Chancellor Friedrich Merz stated that Europe has incurred losses exceeding 100 billion euros over the past eight months due to the conflict between the United States and Iran, primarily driven by rising energy prices. Merz's remarks were made in the context of Europe's financial burden stemming from the prolonged confrontation.
In response, Iranian Foreign Minister Abbas Araghchi recalled Merz's previous endorsement of US and Israeli strikes against Iran, suggesting these actions were performing a "dirty job" for Europe. Araghchi countered that the potential 100 billion euro cost for Europe is insignificant compared to the damage Iran could inflict on those who harm its people. He also indicated that Iran's previous "red lines" are no longer applicable.
The article also references previous reports, including Merz's affirmation of Germany's commitment to supporting Israel, even with current leadership disagreements, and Berlin's intention to continue military aid due to existential threats. However, Germany maintains a more restrained stance regarding the conflict with Iran.
Additionally, the report mentions a prior warning from US President Donald Trump at the UN General Assembly, cautioning European nations that attempts to normalize relations with Iran could lead to catastrophic consequences, potentially enabling Tehran to spread terror indefinitely.