Iran nuclear: Firms' asset freeze annulled by EU court
Source: BBC
The EU's top court has ruled that the EU should unfreeze the assets of seven Iranian banks and other businesses hit by sanctions.
The European Court of Justice (ECJ) said there was insufficient evidence that the businesses concerned were involved in nuclear proliferation.
Post Bank Iran, Iran Insurance Company and Export Development Bank of Iran are among those listed by the ECJ.
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The ruling will not take immediate effect: the EU governments, jointly called the Council, have two months within which to appeal. So for the time being the asset freeze will remain in place, the court said in a statement.
Read more: http://www.bbc.co.uk/news/world-europe-23984722
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Both in the courts and in the legislatures.
But you said the world.
