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Unfortunately, as long as Greek companies don't pay taxes, Greeks can work as hard as they can the situation will continue to deteriorate.


Not sure why you were downvoted, widespread tax evasion in Greece is certainly a contributing factor for the trouble they're in. You can build an apartment building, have an 'uncompleted' top floor, and therefore pay no tax on the building.

http://www.vanityfair.com/business/features/2010/10/greeks-b...




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