Greece loses an estimated 30 billion euros in tax revenue each year to the shadow economy. One out of every two Greeks owes back taxes, totaling some 86 billion euros ($97 billion). Authorities are working hard to improve tax collection.
British entrepreneurs who have settled down in France have been a blessing for the country's rural areas, but will this remain so after the UK's exit from the EU? Lisa Louis looks for answers in Verteillac.
Almost two months after Imran Khan took office as Pakistan's PM, reality is knocking hard on the doors of his government. Wracked by a raft of financial challenges, the country has become an economic basket case.
Rome wants to borrow more in order to boost welfare, lower the retirement age, allow for a partial amnesty on unpaid taxes, and grow the Italian economy. The budget puts Rome on a collision course with Brussels.
Italy's Economy Minister has weighed into the row over Italy's 2019 budget, urging constructive conversation. The EU says Italy will break deficit rules and damage the bloc financially – claims which Rome denies.
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