Greece recovers 1bn of the 8bn euros of lost tax [View all]

[DCBob]

from BBC..

Greece has collected almost 1bn euros ($1.3bn; £830m) in back taxes, still a fraction of the amount outstanding.

The head of the European Union's Greek task force said the haul of 946m euros compared with about 8bn euros in uncollected tax revenues.

-snip-

As part of these bailouts, Greece has passed several austerity packages to reform its public sector and claw back tax that has never been collected.

Tax evasion is generally considered to be widespread in Greece.

http://www.bbc.co.uk/news/business-17398168

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My comments: Well, that is a step in the right direction. I suspect the vast majority of those lost taxes are from the wealthy and well-connected in Greece.