Latest Privatizations News

Greece's prime minister Kyriakos Mitsotakis wearing a helmet and plastic glasses stands at the old airport as bulldozers demolish an abandoned building in Athens, Friday, July 3, 2020. Mitsotakis inaugurated the start of construction work on a long-delayed major development project at the prime seaside site of the old Athens airport. The development of the 620-hectare (1,500-acre) Hellenikon site was a key element of the privatization drive that was part of Greece's international bailouts. (AP Photo/Thanassis Stavrakis)

Greece: Construction begins on major development project

Jul. 3, 2020 4:52 AM EDT

ATHENS, Greece (AP) — Greece’s prime minister on Friday inaugurated the start of construction work on a long-delayed major development project at the prime seaside site of the old Athens airport. Kyriakos Mitsotakis hailed the start of work as a major step in the implementation of what he described...

In this Sunday, May 10, 2020 photo, stockbrokers work at the Tehran Stock Exchange in Iran. The exchange has seen gains of 225% in the last year, with sharp increases even as the country struggled with one of the first serious coronavirus outbreaks outside of China. Encouraged by a government eager to privatize state-owned firms, average people now have access to the market and can trade shares. (AP Photo/Vahid Salemi)

Iran stock market booms, but analysts fear a growing bubble

May. 17, 2020 3:36 AM EDT

TEHRAN, Iran (AP) — Even as U.S. sanctions, unemployment, inflation and low oil prices batter the Iranian economy, there seems to be at least one refuge for investors. The Tehran Stock Exchange has seen gains of 225% in the last year, with sharp increases even as the country struggled with one of the...