"There are 48 European banks based here that have started imposing restrictions on companies that do business with Iran, even though they know the merchants very well and have a history with them," says Hadi Motameni, president of the Iranian Business Council. "When businesses don't get loans from banks, they can't function."
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http://news.yahoo.com/s/ap/20071229/ap_on_re_mi_ea... [1]
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It is about time that Iranians were a little more responsible about their dealings with the Seyyeds.
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Links:
[1] http://news.yahoo.com/s/ap/20071229/ap_on_re_mi_ea/gulf_iran_s_boomtown