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In first for France, MPs move to trigger referendum on privatisations

Paris - French opposition MPs and senators claimed a victory for democracy Wednesday after using a little-known constitutional article to try to trigger a referendum on the government's controversial plans to privatise Paris' airports.

Obstacles litter privatization path in Brazil under Bolsonaro

Rio De Janeiro - An ambitious privatization plan by the incoming government of Brazil's president-elect Jair Bolsonaro faces some challenges, not least from a cadre of ex-military men in the cabinet and reticent lawmakers.

France gears up for next wave of asset sales

Paris - French President Emmanuel Macron will be putting his investment banking chops to use in coming weeks as his government prepares a new wave of state asset sales to pay for his "disruptive innovations" fund.

'Sell your family heirlooms', but can Greece raise the cash?

Atenas - It's an ambitious idea to say the least: Greece and its creditors want to raise 50 billion euros via privatisations, but previous attempts to sell off the country's assets have yielded meager results.

Cyprus parliament rejects state sell-offs required for aid

International aid to cash-starved Cyprus was thrown into turmoil on Thursday after its parliament rejected a privatization plan, throwing into disarray the disbursement of a new tranche of financial as...

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