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EC Report Finds Greek Tax System Inadequate

GB

 

Greece's international creditors have issued a new warning about the country's lagging tax reform efforts, ahead of a visit by a troika of budget inspectors and as data show tax collection is again falling short of target.

A 72-page report prepared by the European Commission and the International Monetary Fund, and distributed by a Greek tax-collectors group, paints a damning picture of Greece's deeply dysfunctional and creaking tax system, describing it as inadequate, prone to political manipulation and graft, and struggling with aging, understaffed and poorly trained personnel.