Investment management
Bulgarians Favor Savings Over Investment: Only 5% of Assets in Financial Markets
Bulgarians allocate a significant portion of their savings to deposits, with 73% of their assets held in this form. In contrast, citizens across the European Union invest 36% of their assets in financial markets. Bulgarians are more conservative in their investment choices, with only 5% of their assets directed toward financial markets, while 20% are invested in pension and insurance products.
Norway’s sovereign wealth fund loses $164 bln in 2022
Norway's sovereign wealth fund, the world's largest, said yesterday it recorded a loss of 1,637 billion Norwegian kroner ($164 billion) in 2022, citing volatile markets.
Pandemic Wasn’t Bad for All – Worlds’ Richest Added New Billions to Their Wealth
The year 2020 was critical for the whole mankind in terms of health fears, as well as concerns over personal wealth, Reuters reported. However, the world crisis was not equally bad for everyone. The world's wealthiest have managed to explore the opportunity caused by the Covid-19 turmoil and added new billions to their bank accounts.
If you invested $1.000 in Gold 10 years ago here’s what it would be worth right now
Let’s take a closer look at the returns and risks of investing in gold and considerations for including it in your investment portfolio
Bulgarian Government Increases the Capital of the Fund of Funds
At today's regular meeting, the government approved changes to the budget of the Ministry of Finance for 2020 to increase the capital of the Fund of Funds with a cash contribution of BGN 375,000. The increase of the capital of the company will be carried out by issuing new registered shares with a nominal value of BGN 1 each.
'Turkish House' in Davos aims to increase investment opportunities
A "Turkish House" has been set up at the venue of the World Economic Forum (WEF) in Davos, Switzerland in a bid to promote investment opportunities in Turkey.
It was launched under the guidance of the Treasury and Finance Ministry in coordination with the Banks Association of Turkey.
Greece broadens criteria for Golden Visa scheme
A joint ministerial decision broadening of the criteria for non-European Union citizens to be granted a five-year residence permit, or Golden Visa, was published in the government gazette on Thursday.
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Shift to optimism at London roadshow
Greece constitutes one of the most "optimistic investment narratives" and the biggest recovery story for foreign portfolios and international fund managers at the moment.
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Greek businesses out of the ESG loop
Investor interest in more responsible investments and skepticism towards controversial securities is a growing global trend and one that Greece is having trouble keeping up with.
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Bill expands 'Golden Visa' criteria scope
An Economy Ministry bill tabled on Friday in Parliament provides for the broadening of the criteria for non-European Union citizens to be granted a five-year residence permit, or Golden Visa, beyond the investment of 250,000 euros in local real estate assets.
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