Author Topic: Magic money?  (Read 3195 times)

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Offline Maik

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Magic money?
« on: Thursday, 09 April, 2015 @ 17:48:47 »
Quote
Greece met its latest IMF debt payment – but no one is sure where the money is coming from

Greece met a loan payment of €459 million to the International Monetary Fund on Thursday, according to reports, as the EU discusses whether the country has reformed enough to merit a further cash injection.

But no one is quite sure where the money came from - a consequence of the opaque Greek finance system. There are few trained accountants in the country and they do not adhere to international accounting standards, so records are thin and many citizens do not pay tax.
http://www.independent.co.uk/news/business/news/greece-met-its-latest-imf-debt-payment--but-no-one-is-sure-where-the-money-is-coming-from-10165182.html

Hm, not too difficult to find an accountant, I've always assumed they're qualified...  :unsure: