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The US National Bureau of Economic Research (NBER) estimated that about $ 5.6 trillion were held in offshore zones around the world. These are 8% of all capital or 10% of the world's gross domestic product (GDP). The ranking of global regions for offshore funds is led by the Gulf countries. Secondly, there are Latin American countries, where authoritarian regimes hide offshore national wealth. Russia ranks third in the ranking. The richest Russians hold 60% of their country's GDP in the free zones, which is about 1 trillion dollars. The least money in offshore areas holds the Scandinavian countries - only 2% of their GDP. The rich in Central and Eastern Europe hold offshore 15% of GDP.
The Trump administration is reportedly considering the establishment of military-controlled buffer zones along the southern border
The leader of the nationalist British Independence Party, Nigel Farage, complained that all seven of his accounts had been closed
Bulgarian banks have the right to block accounts if we have not personally updated the address, ID and phone number information within one year
Elon Musk has announced that he will reinstate the Twitter accounts of several journalists who were suspended over a dispute over publishing public information about the billionaire's jet
Bulgaria does not currently have a project for wind energy from offshore installations, nor has it announced any prospect
As of April 1, the color zones, according to which the procedure for entering Bulgaria has been determined, will be abolished.
Wages across Europe show considerable variation, with substantial differences in both nominal salaries and cost of living. A useful indicator in assessing these disparities is the average adjusted full-time salary of employees
Ukraine, backed by its European allies, is pressing Russia to agree to an unconditional 30-day ceasefire set to commence on May 12
Following U.S. mediation, India and Pakistan announced a ceasefire on Saturday after days of intense conflic
The European Commission has refrained from commenting on President Rumen Radev's call for a referendum on Bulgaria's entry into the eurozone
Russia is set to close its airspace over the Kapustin Yar military training and rocket launch complex from May 12 to 13
Thousands of Slovak citizens took to the streets in Bratislava and other cities on the night of May 9 to protest Prime Minister Robert Fico’s attendance at the Moscow parade
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase
