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Greece loses €15bn a year to tax evasion
Tax evasion is a way of life in an economy riddled with abuses, discrimination and corruption but changing habits and culture represents one of the biggest headaches for a beleaguered government trying to climb a financial Olympus in flip-flops. Reducing the estimated €15bn (£13.2bn) that slips through the tax collection net each year is one of the conditions tied to a bail-out. There have been some imaginative attempts to widen the collection pool. Helicopters have been hovering over plush suburbs in northern Athens in the search for swimming pools in the homes of professional people who claim they are living on ... (full story)
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