27 November 2015

Germany Finally Does Something Useful for Greece

It appears that Germany had combed through the data that it has managed to obtain from various tax havens, and has turned over to Greece the names of over 10,000 tax cheats:
Germany has handed Athens the names of more than 10,000 of its citizens suspected of dodging taxes with holdings in Swiss banks.

The inventory, which details bank accounts worth €3.6bn – almost twice the last instalment of aid Athens secured from creditors earlier this week – was given to the Greek finance ministry in an effort to help the country raise tax revenues.
They could have done this at the beginning of the whole crisis, and done a lot more to help both the Greek people and the Euro Zone.

The Germans wanted their pound of flesh, though, so it's taken 3 years for them to turn over this data.


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