🇪🇺 • Global Wealth Report: Where in Europe did people's net worth increase the most?

In Europe, Hungary saw the biggest jump in wealth of its citizens over the past year, followed by Lithuania and Sweden. This is according to a new report by multinational investment bank UBS.

Hungary recorded the highest real growth in median wealth per adult between 2023 and 2024, rising by 18.6%. The growth also reached 15% or above in several other countries, including Lithuania (16.9%), Sweden (15.3%), Italy and Latvia (both 15%).

Wealth per adult increased in a huge majority of European countries between 2023 and 2024, while a few saw declines, according to UBS’s Global Wealth Report 2025.

Changes measured in local currencies are shown in both average and median values — we focus on the median for deeper analysis, which isn't affected by extreme outliers, while briefly mentioning averages.

In the report, among EU member states, candidate countries, EFTA members, and the UK, only Turkey and Belgium saw a decline in median wealth per adult. Turkey stands out with a sharp 20.9% drop, while Belgium recorded a more moderate fall of 5.6%.

Of Europe’s five largest economies, Italy saw the highest real growth in wealth per adult at 15% whereas the UK had the lowest at 5.3%. France (10.3%), Germany (9.5%), and Spain (9%) fell in between.

Five-year changes: Austria records the largest decline

'Real' changes in wealth per adult from the beginning of 2020 to the end of 2024 reveal longer-term trends. Austria emerges as a major outlier, with median wealth per adult falling by 18%. The Netherlands (–2.3%) and Estonia (–0.1%) followed.

Germany saw the highest rise among Europe’s top five economies, with a 20.1% increase. Italy recorded the lowest at 4.7%. Spain (17.8%) and the UK (16.3%) posted strong growth, while France saw a more moderate increase of 10.5%.

🔗 More via @EuroScopeNews

⚡️🇺🇦🇹🇷 Ukrainian President Zelenskyy announced that Turkey has offered to provide Ukraine with maritime based security guarantees:

“There should be a completely clear architecture: which countries help on the ground, which work for the security of our sky, which guarantee security at sea, helping Ukraine.

Just like Turkey, which declared at the last coalition of the determined, it said: we want to be part of the security guarantees for Ukraine in terms of the sea.”

@wfwitness

🇮🇱 🇦🇲 🇬🇷 🇹🇷 Netanyahu recognizes Armenian, Assyrian, Greek genocides

#BREAKING | US President Donald Trump considering to rename the Department of Defense to the "Department of War," reviving its pre-World War II name.

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🇺🇸 - The California Republican Party calls for a "two-state solution

Democrats will never agree for 2 reasons:

1. It would give GOP 2 more Senate seats.
2. Would split electoral votes that California currently has in presidential elections.

If Republicans were very lucky, at best, they could have swapped this partition for agreeing to turn Washington DC in a state. That would have compensated Democrats with 2 more Senate seats.