Saturday Jul 26, 2014 Search
Weather | Athens
32o C
23o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Ex-official who made tax list saw paltry returns

The former head of the Finance Ministry’s tax inspection department, who quit her post in late 2012 after her attempt to crack down on large-scale tax evaders stalled following a shift in government strategy, has told Kathimerini that only 1 percent of some 120 million euros in taxes owed by hundreds of construction firms, politicians and civil servants has been collected.

According to Katerina Frantzeskaki, who compiled a list of 1,700 suspected tax evaders in 2011, checks were carried out on around 700 of the people on the list within a year.

The progress of the investigation was “very good,” Frantzeskaki said, noting that apart from identifying pending tax debts the probes gave rise to new leads.

But a decision in November 2012, by Deputy Finance Minister Giorgos Mavraganis, transferred the responsibility for inspecting suspects on that list from Frantzeskaki’s team to a new service which has since been abolished.

Frantzeskaki, who resigned from her post in the same month of 2012, told Kathimerini that she found the move incomprehensible. She added that, although the tax debts of some 700 people on the list were found to amount to 120 million euros, only 1 percent of this sum has returned to state coffers.

The majority of suspected tax evaders on the list were construction companies, she said, adding that “politicians, civil servants and others” were also on the list.

ekathimerini.com , Saturday March 15, 2014 (17:43)  
Government to push troika for concessions as pressure to meet pledges intensifies
New Democracy firing staff as it slashes its expenses
Deadline for Commission successor is looming
Cypriot president to meet Greek PM during Athens visit
SME minibonds to bypass bank lending
LONDON – The first batch of issuance under a “minibond” program that the Athens Exchange Group (ATHEX) has been promoting to finance Greek SMEs is set for launch after the summer break. Gree...
Fitch upgrades Greek banks’ bond programs
Fitch Ratings has upgraded the mortgage-covered bond programs of four Greek banks. The banks are National Bank of Greece, Alpha Bank, Eurobank Ergasias and Piraeus Bank to B-/Stable/B with a...
Inside Business
SOCCER
Ranieri says he has little to change in Greek national team
The Hellenic Football Federation (EPO) presented Claudio Ranieri as the new Greece coach for the next couple of years, after the Italian manager signed his contract in Athens on Friday. “I l...
SOCCER
Olympiakos downs AC Milan 3-0 in friendly
Greek champion Olympiakos defeated Italy's AC Milan 3-0 late on Thursday in a friendly match that launched the International Champions Cup in Canada and the US. The result, with goals from A...
Inside Sports
COMMENTARY
Concrete measures
The government’s decision to submit draft legislation on key environmental issues during the Parliament’s summer session has raised a fair amount of controversy. Most prominent are the bills...
EDITORIAL
Education needs skills
The Education Ministry has been somewhat unfortunate over the past two years. Other than the myriad problems they have already faced, the politicians who have been appointed to run it contin...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Government to push troika for concessions as pressure to meet pledges intensifies
2. New Democracy firing staff as it slashes its expenses
3. Deadline for Commission successor is looming
4. Cypriot president to meet Greek PM during Athens visit
5. Two killed as single-engine plane comes down outside Sparta
6. Cretan priest missing since early July found dead in ravine
more news
Today
This Week
1. Concrete measures
2. Fitch upgrades Greek banks’ bond programs
3. Tanzania's central banks takes over FBME
4. Education needs skills
5. SME minibonds to bypass bank lending
6. New Democracy firing staff as it slashes its expenses
Today
This Week
1. Greece seen in third bailout as bonds not enough, economists say
2. Climber dies in Mount Olympus fall
3. Greek sovereign debt at 174.1 percent of GDP in first quarter
4. Unequal after death
5. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
6. Quadriplegic woman on life support 'dies due to unpaid power bills'
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.