EPC | 14 Jun 2020
During the first quarter of 2020, the British economy shrank by 2%, the largest downturn since the 2008 financial crisis. This is despite the fact that the UK only began to implement lockdown measures on March 23, towards the end of the quarter. The UK’s GDP is expected to shrink by 25–25% in the second quarter as a result of lockdown measures implemented in April and May. British Prime Minister Boris Johnson announced that most businesses would gradually be allowed to reopen during the first half of June.
EPC | 19 Feb 2020
Europe's rift over Iran's nuclear deal continues to persist. While Britain and France take hardline positions, Germany and the EU foreign policy team continue to show understanding of the Iranian stances. However, this rift does not mean that the Iran nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA), will remain unchanged. Other parties to the agreement might follow the U.S. path and withdraw from the deal, without necessarily leading to the collapse of the deal or putting the Iran's nuclear program back on the UN Security Council's table.
Contrary to the Iranian consensus on how to deal with the United States, the Iranian regime appears divided over its relationship with Europe and how to approach the Europeans, amidst a steady decline in Iranian-European relations.