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A Spanish court acquitted Shakira in a tax fraud case, ordering the government to return more than 55 million euros ($64 million) in wrongly imposed fines, a court document seen Monday by The Associated Press said.The decision follows years of tax troubles in Spain for the Colombian superstar. About the tax fraud case The ruling…
What are the most valuable assets for a country — gold, silver, currency? In Emilia-Romagna, northern Italy, the answer looks far less conventional. Here, vast climate-controlled warehouses store one of the region’s most unusual forms of wealth: hundreds of thousands of wheels of Parmigiano Reggiano cheese, slowly ageing and quietly getting more valuable over timeTo…
The euro represents much more than just the common currency of the European Union. Given that the euro has, in total value of circulating banknotes and coins, the largest combined value of cash of any single currency (having surpassed the United States dollar) and the largest number of coins valued at one euro or more being foreign…
Bulgaria on Thursday adopted the euro as its official currency, becoming the 21st country to join the eurozone, a long-anticipated milestone that comes almost 20 years after the Balkan nation entered the European Union, but one that has exposed deep political and public divisions.At midnight, Bulgaria formally gave up the lev, which had been in…
Bulgaria was preparing to switch to the euro on Wednesday night to become the 21st eurozone member, amid concerns the move could usher in higher prices and add to political instability rattling the Balkan country.At midnight (2200 GMT Wednesday), Bulgaria will wave goodbye to both 2025 and its lev currency, which has been in use…
