Sunday, December 04, 2005

IRAN MOVES TO EUROS

“Preparatory measures taken to sell oil in euros TEHRAN, Dec. 2 (MNA) - The Chairman of the Majlis Energy Commission, Kamal Daneshyar said here, on Friday, that preparatory measures have been taken to sell oil in euros instead of dollar, adding that such a measure is quite positive and should be taken as soon as possible. Speaking to the Persian service of Iranian Students News Agency (ISNA), he went on to say that Iran should at the first phase sell its oil in both Dollar and Euro, and then gradually move toward Euro. as the mere source.” Quote from
Mehrnews

The beginning of the end for the Yanqui Dollah? Perhaps if other countries, say Russia, Venezuela and Mexico move to Euros.

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