Nationalization

The Alitalia check-in area is empty at Rome's Leonardo Da Vinci international airport, in Fiumicino, near Rome, Friday, Dec. 13, 2019. As its workers went on nationwide air sector strike on Friday, grounding hundreds of flights, the fate of Italy’s national carrier Alitalia still hangs in the balance. (Telenews/ANSA via AP)
December 13, 2019 - 10:24 am
ROME (AP) — Hundreds of international and domestic flights in Italy were cancelled Friday as air transport workers held a nationwide strike to protest feared firings and salary cuts at troubled national carrier Alitalia. Attempts to find a buyer for the airline, run by state-appointed...
Read More
Britain's Labour Party leader Jeremy Corbyn and Shadow Minister for Climate Justice Danielle Rowley visit the National Mining Museum at the former Lady Victoria Colliery in Newtongrange, Scotland, Thursday Nov, 14, 2019, on the General Election campaign trail. (Jane Barlow/PA via AP)
November 15, 2019 - 6:06 am
LONDON (AP) — The British Labour Party's latest plan for public ownership of big industries sent shivers through the telecoms sector Friday with an electoral promise to nationalize part of the former phone monopoly BT to provide free fiber optic broadband. Party leader Jeremy Corbyn, who outlined...
Read More
FILE - In this April 21, 2019, file photo, then-presidential candidate Volodymyr Zelenskiy greets his supporters at his headquarters after the second round of presidential elections in Kvyv, Ukraine. More than two months before the phone call that launched the impeachment inquiry into President Donald Trump, Ukraine’s newly elected leader was already worried about pressure from the U.S. president to investigate his Democratic rival Joe Biden. (AP Photo/Sergei Grits, File)
October 29, 2019 - 5:23 am
KYIV, Ukraine (AP) — Ukraine's president has vowed to keep a bank formerly owned by a powerful tycoon in government hands. Volodymyr Zelenskiy told an investment conference Tuesday that he would not approve any motion to scrap the 2016 nationalization of PrivatBank, which was owned by billionaire...
Read More
FILE - In this Monday, April 10, 2017 file photo, the chief of the Ukrainian Central Bank Valeria Gontareva makes a statement on her resignation during a press conference in Kyiv, Ukraine. Police said in a statement on Tuesday Sept. 17, 2019, that they are investigating a suspected arson attack late Monday on the house of Valeria Gontareva outside the capital, Kyiv, in the third chilling incident concerning the banker. (AP Photo/Sergei Chuzavkov, File)
September 17, 2019 - 7:58 am
MINSK, Belarus (AP) — The home of Ukraine's former central bank chief has been burned to the ground, the third chilling incident involving the banker over the past few weeks. Police said in a statement Tuesday that they are investigating a suspected arson attack late Monday on the house of Valeria...
Read More
June 02, 2019 - 12:24 pm
BUDAPEST, Hungary (AP) — A few thousand mostly academics and students held a protest march against a plan by Prime Minister Viktor Orban's government to seize control of the research network of the Hungarian Academy of Sciences. Critics say the government plan threatens academic freedom and...
Read More
May 13, 2019 - 3:04 pm
MOSCOW (AP) — A Ukrainian court has rejected an appeal of a lower court ruling that said the nationalization of the country's largest commercial bank had been illegal. Ukraine's central bank requested the appeal refused Monday. The National Bank of Ukraine said it would ask a higher appeals court...
Read More
FILE - In this file photo taken on Monday, Dec. 19, 2016, a client leaves PrivatBank as other clients take money from PrivatBank's cash machine in Kiev, Ukraine. A Ukrainian court has ruled that the 2016 nationalization of the major bank PrivatBank, owned by a powerful tycoon Ihor Kolomoyskyi, was illegal. (AP Photo/Efrem Lukatsky, File)
April 18, 2019 - 9:59 am
KIEV, Ukraine (AP) — A Ukrainian court on Thursday ruled that the 2016 nationalization of a major bank owned by a tycoon was illegal, sending shockwaves through the country's financial community. Privatbank, Ukraine's biggest lender, was nationalized in 2016 after authorities discovered a capital...
Read More
President of Ukraine and candidate for 2019 elections, Petro Poroshenko, is seen on a screen as he talks for supporters during a election campaign rally in Lviv, Ukraine, Thursday, March 28, 2019. Presidential elections will be held in Ukraine on 31 March 2019. (AP Photo/Emilio Morenatti)
March 28, 2019 - 4:55 pm
LVIV, Ukraine (AP) — Ukrainian President Petro Poroshenko alleged Thursday that his two top rivals in a weekend election are backed by a self-exiled tycoon who wants to unseat Poroshenko as revenge for the nationalization of his bank. Poroshenko said at a rally in the western city of Lviv that...
Read More