Wednesday, 28 January 2015


The most encouraging news from the incoming government in Greece is that:

Syriza intends to curb the powers of the Greek oligarchs to whom  [established parties] To Potami and Pasok were close, saying their ability to evade tax and break state regulations with impunity must be ended. 

A major cause of Greece's troubles has been her inability to collect tax.

[Later] They will be assisted by the confirmation of an EU directive against tax avoidance. One hopes that the UK government will cooperate in the closing of loopholes which exploit cross-border financial transactions.

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