Wed, 06 Jun 2012 13:53:23 GMT
Tax evasion in Greece rises prior to elections
Greece's continued issues with
tax evasion have become more severe as the election campaign season has been extended.
According to the Finance Ministry, Greece failed to reach its target tax collection by EUR
495 million (USD 615 million) during the initial 4 months of the current year. According
to Holger Schmieding, Berenberg Bank's chief economist, the EC-ECB-IMF troika most
certainly will recognize that Greece missed