Mitsotakis Applauds EU Report on Greece’s VAT Evasion Reduction

• Tax evasion in Greece is still a problem due to high tax rates and the wealthy hiding money in foreign bank accounts
• New Democracy government measures have helped reduce VAT evasion
• Prime Minister Kyriakos Mitsotakis praised a European Commission report showing VAT evasion has been cut in half under his administration

Source: stockwatch.com.cy

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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