Legal Roadblocks Prevent EU from Seizing Russian Assets
The European Union faces legal and practical challenges when it comes to using Russian assets to support Ukraine’s defense and reconstruction efforts
Industry Watch: Bulgarians Financial Wealth Up by 11% Y/Y
Business | December 15, 2010, Wednesday // 12:47
- Tweet
Send to Kindle
Bulgarians' personal wealth increased by 11% in one year, according to Industry Watch, a Sofia-based consultancy. Photo by BGNES
Bulgarian households' financial wealth has increased by nearly BGN 4 B over the past year, according to Sofia-based consultancy Industry Watch.
Industry Watch's report "Personal Assets in Bulgaria: Financial Weatlh and Housing Market, Q3 2010" indicating that at the end of November 2010, Bulgarians' assets were worth a little more than BGN 38 B.
The Financial assets of the population have increased by 11% y-o-y due to the increased propensity of households to save. However, the report shows that the situation with the employment market in Bulgaria remains unstable, with the unemployment decrease under the course of the last couple of months being not a tendency, but a seasonal phenomenon.
Related Articles:
Europe Considers Seizing €200B in Russian Assets
European nations have begun to unite around the idea of confiscating over €200 billion worth of frozen Russian assets as part of broader discussions on securing a ceasefire agreement in Ukraine
EU Allocates First Payment from Frozen Russian Assets to Aid Ukraine
The European Commission has made its first payment of 1.5 billion euros to Ukraine, derived from frozen Russian assets
Putin's Decree: Russia Eyes American Assets for Confiscation
Russia is preparing to identify American assets for potential confiscation in retaliation for any seizure of its own assets in the United States
EU to Allocate Frozen Russian Assets to Aid Ukraine
The EU has made a significant decision to allocate profits from its frozen Russian assets to support Ukraine's self-defense and recovery efforts amidst ongoing Russian aggression
G7 to Back EU Plan Utilizing Frozen Russian Assets for Ukraine Aid
According to an official from the Italian Ministry of Finance, finance ministers from the Group of Seven (G7) nations, scheduled to meet in Italy next week, are set to endorse a European Union proposal
Bulgaria Meets All Criteria for Euro Adoption, Eyes Positive EC and ECB Reports
Bulgaria anticipates favorable outcomes from the upcoming reports by the European Commission (EC) and the European Central Bank (ECB) on its euro adoption
Bulgaria’s Transition to the Eurozone: Prices Will Be Listed in Leva and Euros One Month After Green Light
A month after Bulgaria receives approval to join the eurozone, all traders are required to display prices in both leva and euros
Bulgaria's Hotel Sector Faces Workforce Shortages and High Taxes Ahead of 2025 Season
Veselin Danev, chairman of the Bulgarian Hotel Association, highlighted a major issue in Bulgaria’s tourism sector: a significant decline in the workforce
Nexo’s US Comeback Announced at Trump Business Vision 2025 Forum in Bulgaria
Nexo, a global leader in digital asset management, has officially declared its return to the US market
Business | April 28, 2025, Monday // 11:00
Bulgaria's Real Estate Trends: Two-Bedroom Apartments Outpace Three-Bedrooms
The real estate market in Bulgaria maintained stability and activity during the first quarter of 2025, with strong demand despite a moderate drop in transactions compared to late 2024
IMF Predicts Slower Economic Growth for Bulgaria in 2025
The International Monetary Fund (IMF) has revised its forecast for Bulgaria’s economic growth, predicting a slowdown to 2.5% in 2025
