{"id":242179,"date":"2010-01-28T06:29:00","date_gmt":"2010-01-28T11:29:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/corruption-in-greese-hampering-economic-recovery-2010-1"},"modified":"2010-01-28T06:29:00","modified_gmt":"2010-01-28T11:29:00","slug":"no-wonder-greece-is-bankrupt-its-so-corrupt-that-nobody-pays-any-taxes","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/242179","title":{"rendered":"No Wonder Greece Is Bankrupt: It’s So Corrupt That Nobody Pays Any Taxes"},"content":{"rendered":"

\"Greek<\/p>\n

It’s no wonder that Greece is such a financial disaster — hardly anyone pays taxes.<\/p>\n

It’s one of the most corrupt countries in Europe according to report by Transparency International, on par with ‘cocaine-infested Columbia’.<\/p>\n

Thus it’s pretty hard to fund the country’s expenses:<\/p>\n

Bloomberg:<\/a> So many Greek companies and employees cheat on their taxes that a third of all economic activity delivers no revenue to the government, the Finance Ministry says. Some Greeks say tax evasion is rooted in the Ottoman Empire’s control of the country for centuries until the 1820s. “We very much lack a tax conscience,” says Ilias Plaskovitis, the Finance Ministry’s general secretary. “Some trace it back to the Ottoman Empire, when tax evasion was resistance to foreign powers.”<\/p>\n

Today, Greeks routinely pay cash for a wide range of services, from plumbing to medical visits, without demanding a receipt, allowing the providers to forgo declaring the income to tax authorities. The government projected in January that its crackdown will generate 1.2 billion euros in additional income this year.<\/p>\n

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