Greece has not done enough to clamp down on "notorious tax evasion" by the rich and self-employed - IMF

Greece has not done enough to clamp down on "notorious tax evasion" by the rich and self-employed, leaving those on salaries and pensions to take most of the pain from the austerity measures imposed as part of the country's €240bn (£202bn)...

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Greece has not done enough to clamp down on "notorious tax evasion" by the rich and self-employed - IMF



Guardian - 07.05.2013

Greece has not done enough to clamp down on "notorious tax evasion" by the rich and self-employed, leaving those on salaries and pensions to take most of the pain from the austerity measures imposed as part of the country's €240bn (£202bn) bailout, according to a much-anticipated verdict on its economic measures published on Monday.

The International Monetary Fund, one of the contributors to the Greek bailout, also said – at the conclusion of its mission to the debt-laden, recession-hit country – that a "taboo against dismissals" in the overstaffed public sector had led to a surge in unemployment in the private sector.

Greece has pledged to cut about 20% of the public sector – or 150,000 jobs – between 2010 and 2015 to help reduce spending, but progress has been slow, while unemployment has topped 27%. A bill has been passed recently to allow 15,000 public-sector posts to be axed.


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