Archive for July 21st, 2011

21/07/2011

Greek Tragedy: Voracious Corruption, Black Economy, And Tax Evasion

Human Wrongs Watch

When German Chancellor Angela Merkel decided to take a firm stand vis-a-vis Greece bleeding financial crisis, she was surly aware that black economy accounts as high as one-third of Greek GNP, that tax invasion amounts to 20 billion dollars a year, and that corruption is rooted everywhere, at all levels,  particularly among political parties.

Image: Wikimedia Commons

These are some of the key facts that International Transparency Greece (TI-Greece) has identified in its reports about Greece.

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