Quote:
Originally Posted by borked
Iran just switched all foreign trade to Euros, is now trading its oil in Euros and now determines it country's wealth in Euros (as well as local).
Sounds much like Iraq all over again...
bbc source |
Its good. Euro is more stable. There is a new oilmarket in Iran now where you can buy and sell oil for only euro.
I heard a few other countries around Iran will also join that new market...