EU27-Iran Foreign Trade from January till April 2020 generated 1,474 mil­li­on Euro. The 27 EU coun­­tries (without the United Kingdom) exported goods worth € 1,229 million Euro to Iran and imported goods worth € 246 million. Germany was the most important EU trade partner of Iran, with a trade vol­ume of 628 million Euro, fol­lowed by Italy (206 million Euro) and the Netherlands 153 mil­lion Euro).

The European Union (EU27) export of goods to Iran in the first third of the year 2020 stood at  1.229 mill­i­on  Euro, a de­crea­se of 4% com­­pared to the first four month of the year 2019. Ac­cor­ding to the la­test da­ta by Euro­stat, the sta­tis­tical of­fice of the European Union, 45% of the EU ex­­ports to Iran ca­me from Ger­­­many, which de­­­li­ve­red goods worth €555 million, that was 31% mo­re than in January till April 2019. Second (13%) was Italy with ex­ports worth € 166 milli­on (-22%), fol­lowed by the Ne­ther­­­lands (€ 106 million, -12%) and France (€ 71 million, -39%). 

In the first third 2020 the 27 EU countries imported goods worth € 246 million from Iran, (+5 %). Most of the Iranian ex­ports to the Eu­­ro­pean Union (30%) go to Germany, which im­ported goods worth 73 million from Iran (+1%), fol­­lowed by the Netherlands  (€ 47 million, +641%), Italy (€40 million, -24%) and Spain (€24 million, +16%).

Financial Tribune:   The Supreme Labor Council has agreed to raise workers’ housing allowance from 1 million rials ($5.6) to 3 million rials ($17), the cooperatives, labor and social welfare mi­nis­ter said. “The increase, however, needs to be approved by the Iranian Cabinet before taking effect,” Mohammad Shariatmadari added. The council, which consists of representatives of the government, employers and workers, also deducted 750,000 rials ($4.2) from workers’ severan­ce pay base and added the sum directly to their minimum wage. The current year’s minimum wage will see a 26% increase compared with last year’s to reach 19.11 million rials ($108.5). 

Coronavirus: EU Commission recommends partial and gradual lifting of travel restrictions to the EU after 30 June, based on common coordinated approach Brussels, 11 June 2020 European Commission  

Press release Today the Commission recommends to Schengen Member States and Schengen Associated States to lift internal border controls by 15 June 2020 and to prolong the temporary restriction on non-essential travel into the EU until 30 June 2020; and sets out an approach to progressively lifting the restriction afterwards. …   ...   https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1035

Financial Tribune:   Studies by Majlis Research Center, the research arm of the parliament, show per capita income or average income of the Iranian people saw a 34% decline between the fis­cal 2011-12 and fiscal 2019-20. According to a report read out on the parliament floor on Sun­day by Mohammad Qasemi, the caretaker of MRC, despite the nominal increase in household in­come, their purchasing power has eroded by one-third over the nine years.