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Merkel cool on EU independent payment system to save Iran deal

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German Chancellor Angela Merkel said on Wednesday she agreed with her foreign minister that relations with the United States are changing but she stopped short of backing his call for a separate EU payments system to save a nuclear deal with Iran.

 

In a long column on how Europe should respond to US policy under President Donald Trump, Heiko Maas, a member of Merkel's junior Social Democrat coalition partners, suggested that Europe needs its own payments system, independent of the United States.

 

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