Greek tax evasion.

Greece is losing 13 billion euros annually to tax evasion and corruption. One of the prime culprits of tax embezzlement are tax collectors.

According to a report by the Hellenic Foundation for European & Foreign Policy (ELIAMEP), the Greek state is losing 13 billion euros annually in tax evasion and corruption. In spite of increased taxes that have been imposed through Value Added Tax, property tax, taxes on petrol and central heating oil, and other taxes which are collected directly through spending, tax evasion through business remains rife. The situation is exacerbated by corrupt tax officials who embezzle a percentage of fines imposed on those who fail to pay their taxes. Nikos Lekkas, head of investigations at Greece’s anti-fraud squad, claims only 20 percent of fines are collected, 40 percent written off, and 40 percent embezzled by tax officials. (Naharnet) Considering the amount of time the tax office spends on strike, rather than on tax collection, it is not surprising that tax evasion is rampant.

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How can Greece get out of the mire?

Greece has been given £110 billion Euro’s to bail it out. It will still have a debt to GDP ratio of 120 percent in 2020 so faces years of austerity. Greece will have to tax businesses more more than 20 percent tax yet Cypus has a tax rate of 5 percent so where would you start a business? The bail out is Germany’s hope of keeping the Euro zone alive and well and stoping contagion. The Euro makes German exports artifficially cheap. German puppets now sit at the head of Greece and Italy.

Germany owes Greeks £60 billion.

The SS indulged their bloodlust on men, women and children alike. While homes and shops blazed around them like some hellish inferno, women were violated and those who were pregnant were stabbed in the guts. Small babies were bayoneted in their cribs. The village priest was beheaded.

By the time Hitler’s men had left the Greek village of Distomo near the ancient town of Delphi on that bloody day in June 1944, 218 people were dead.

The Waffen-SS was pleased with its work: the local partisans who had dared to attack a German unit had been taught a bitter lesson in revenge.

Hitler’s men even raided the Greeks’ central bank, forcing them to give Germany a massive ‘war loan’ — one that has never been paid back, more of which later. Economists estimate that if it were repaid today, it could cost the German government £60billion. The memory of that travesty has been reignited this week by Greeks angry at the austerity measures being imposed on them — primarily by Germany as it seeks to stop the euro crisis spinning out of control.