
Over the last two years, the notion that the impasse over Iran’s nuclear program could be solved has gone from being a theoretical possibility to becoming a reality, with the landmark agreement between Tehran and six world powers. The potential lifting of Western economic sanctions on Iran has, in turn, quickly boosted interest in the Iranian economy, especially in Europe, which sees a market re-emerging with significant potential, ready for international investments, technology and goods. But in a somewhat contradictory way, the Iranian economy has both been underestimated during the last five years of sanctions, and now runs the risk […]