Home Sweet Home: The Reality of Housing in Bulgaria Revealed
New data from the National Statistical Institute (NSI) sheds light on the housing landscape in Bulgaria, painting a picture of the majority of Bulgarians residing in older homes.
The list detailing the identities of thousands of people hiding money in offshore accounts could reveal 160 times more data than Wikileaks.
Analysing the details of what is now become known as Offshore Leaks will take some time, according to Catherine Boss, a journalist at Swiss paper Sonntagszeitung, who worked on the investigation to track the hidden cash.
“It’s just the beginning. We have only looked at about 10 percent of the Swiss businessmen and women involved and we’ll continue to work on it,” she told Euronews.
Working across 170 countries, the International Consortium of Investigative Journalists (ICIJ) compiled the list of 130,000 names.
“The mega-wealthy have lots of choices about how they organise their financial lives and the average citizens of the world have very few choices. The average citizen generally ends up having to pay more, or live with fewer services in their home countries because of the drain of funds from their country’s treasuries,” said ICIJ member and one of Offshore Leak’s senior editors Michael Hudson.
The co-treasurer of French president Francois Hollande’s 2012 campaign, Jean-Jacques Augier, was one of the first to be outed, but he maintains he did nothing illegal.
It is estimated 25 trillion euros could have been hoarded away in banks that ask few questions. Offshore leaks has mainly checked out bank accounts in the British Virgin Islands.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In a statement made on May 1, 2024, the President of the Republic of Kazakhstan - Kasym Jomart Tokayev welcomed the agreement between the Republic of Azerbaijan and the Republic of Armenia to hold negotiations at the level of foreign ministers to prepare
Heavy fighting has erupted across the entire front line in Ukraine, as announced by Ukrainian President Volodymyr Zelensky in a late-night address
Residents of Rafah in the Gaza Strip are reporting ongoing explosions and gunfire as fierce clashes continue in the area. Israeli tanks have nearly encircled the eastern part of the town
Spain, Ireland, and other EU nations are intending to acknowledge Palestine's statehood on May 21, as stated by Josep Borrell, the EU's top diplomat for foreign and security policy
Ukrainian authorities reported that Russian forces attempted to breach the border with Ukraine using sabotage groups
Israeli airstrikes targeted areas in Rafah on Thursday, as reported by Palestinian residents, while Prime Minister Benjamin Netanyahu dismissed US President Joe Biden's warning of withholding weapons from Israel if it attacks the southern Gaza city
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU