Calamos Supports Greece

tax evasion

Greeks Avoid Taxes With Bulgarian IDs and Plates

They are born in Greece, live in Greece but that does not stop them from getting Bulgarian IDs and license plates for their cars, to avoid taxes in their country. Neighboring EU country Bulgaria seems to offer the whole...

Greek Taxpayers Pay for Crisis

Analysts from Alpha Bank, in a weekly release of financial developments, have blistered Greece’s tax services for failure to perform properly and said that people who pay taxes are unfairly bearing the brunt of the country's economic crisis. They said...

Papoulias Asks Greek Rich To Pay Taxes

With Greece being pushed by its international lenders to finally go after tax cheats costing the country some $70 billion – and with most Greeks believing the government has done nothing about it – President Karolos Papoulias has urged...

Troika Tells Greece: Get Tax Evaders

With Greeks facing another round of austerity measures, and furious that tax evaders costing the country $70 billion have continued to escape sacrifice, the country’s international lenders are again pressing the government to do something about it. A report by...

Some Greek Companies Duck The Haratsi

While working Greeks are lining up to pay a doubled property tax being put into their electric bills, critics are arguing that some businesses and the wealthy are avoiding it. The levy is being called a "haratsi," after a Turkish...

Greek Villagers Evade Taxes, Drive Ferraris

Greek tax inspectors who routinely find tax cheats in Greece said they were amazed at how brazen and widespread it was in the village of Arma, Thebes where they said they found most of the residents driving around in...

Papandreou Denies Mother On Swiss Bank List

Former Greek Prime Minister George Papandreou and his mother have denied reports in the Greek media that she's behind the name of a civil servant with 550 million euros ($714 million) in deposits in a Swiss bank, with the...

Greeks Must Declare Foreign Bank Accounts

In yet another attempt to pursue possible tax evaders, and in the aftermath of failures to check secret bank accounts of Greeks in other countries, the Finance Ministry is sending out letters to 15,000 people who were found to...

Tax Evasion Plan: No Receipt, No Pay

In a bid to slow runaway tax evasion, Greece’s Development Ministry is ready to set forth a regulation that would customers who are refused receipts as bars, restaurants, shops and for service to have their food, drink, goods or...

As PASOK Fades, Venizelos Backs Austerity

With his party falling toward oblivion, PASOK Socialist leader is continuing to defend his support of austerity measures but, in an interview with Sunday’s Kathimerini, refused to say whether he would change his mind and allow some of his...