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View of a sign indicating the street where one of the apartments believed to have been owned by Muammar Gaddafi was seized by the Police in Rome, Italy, 29 March 2012. EPA/BGNES
A total of EUR 1.1 B of assets belonging to family members of Libya's late strongman Muammar Gaddafi have been seized by Italy's tax police.
The seized assets include stakes in Italy's largest bank UniCredit , oil and gas giant Eni , defence group Finmeccanica, carmaker Fiat, truck-maker Fiat Industrial and Turin-based soccer club Juventus .
The assets will be administered by a special commissioner to be appointed by a Rome court, Lieutenant Colonel Gavino Putzu has explained, as cited by international media.
Libya had built up a 7.5 stake in Unicredit, sparking outrage that a North African rogue tyrant could have a powerful voice in Italy's largest bank. It cost Unicredit chief executive Alessandro Profumo his job.
Muammar Gaddafi was captured and killed by Libyan rebels on October 20 2011, after hiding for weeks in his home town of Sirte.
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Italy has thrown its weight behind Bulgaria's bid for full-fledged membership in the Schengen area, affirming its steadfast support during Italian President Sergio Mattarella's two-day visit to Bulgaria
Reports from Italian authorities detail a horrifying ordeal where victims were subjected to physical violence and coercion, painting a grim picture of human trafficking and exploitation
The Italian regulatory body has taken a firm stance against TikTok, citing concerns over the proliferation of harmful content on the platform, Reuters reported
As tensions escalate in Ukraine, a night of relentless Russian airstrikes leaves devastation and casualties in its wake, spanning over five hours across various regions of the country
The travel organizing platform eSky.bg announced that Italy is the most preferred destination among Bulgarians for 2023
Italy steps into the pivotal role of the G7 rotating presidency, taking over from Japan, in a time fraught with global tensions and intricate geopolitical challenges, as reported by world agencies and Italian media
The European Parliament has approved the EU's inaugural directive aimed at regulating the employment rights of individuals working through online platforms
In recent years, Moldova has been faced with the challenge of reducing its dependency on Russian gas imports.
As the Hungarian forint experiences volatility, German investors are increasingly advocating for Hungary to adopt the euro, reaching the highest level of support in over a decade
In a statement underscoring growing concerns over national security, FBI Director Christopher Wray has declared that the popular social media app TikTok poses a significant risk to the United States
Eurostat data indicates that Greece (161.9%), Italy (137.3%), France (110.6%), Spain (107.7%), and Belgium reported the highest public debt-to-GDP ratios among EU member states by the conclusion of 2023
A damning report from the US State Department has unveiled a troubling reality of systematic racial and ethnic violence and discrimination against Bulgarians in the Republic of North Macedonia
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
