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Reply #16: For what's worth, I did find this article [View All]

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hack89 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-02-10 08:40 PM
Response to Reply #15
16. For what's worth, I did find this article
Edited on Sun May-02-10 08:40 PM by hack89
Cherished aspects of Greek life, from widespread tax evasion to the bonuses which transform Easter holidays, are set to be swept away by the flood of financial aid, and the preconditions accompanying it.

"The extent of tax evasion is not exaggerated," said Irini Skouzou, who runs Company Set Up, a consultancy helping businesses with tax and legal affairs in Greece. "And the bureaucracy is so bad that even companies that want to pay tax have found it very difficult. They have been unable to register with local tax authorities."

Many take-home salaries will be effectively halved overnight by severely increased taxes, rising in some cases from less than 10 per cent to 38 per cent, and by the fact that those taxes will now have to be paid. Workers who had looked forward to a comfortable retirement in their mid-50s on up to 80 per cent of their final salaries now face the prospect of working on for more than another decade, for less at the end.


http://www.telegraph.co.uk/news/worldnews/europe/greece/7664764/Revolution-from-Greeces-ruins-as-crisis-deepens.html
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