Since the financial crisis, Greece has been beefing up its tax collection system: widespread evasion and fraud means its tax yield is way too low. If everybody paid what they should, revenue could rise by about 10 billion euros a year.
Most people will stare blankly when they hear of the "cum-ex" scandal, but the latest reports are that this tax evasion scandal is a continental-wide one, robbing taxpayers of at least €55 billion of state money.
Jerome Cahuzac, who once led a French government crackdown on tax evasion, has been found guilty of that same crime. According to a Paris court, his method of evasion surpassed other cases.
Greek authorities are investigating the Swiss pharmaceutical giant Novartis over allegations of bribery and price inflation. One minister has said these could involve 'illegal earnings of over four billion euros.'
Putin nemesis Bill Browder was arrested then released in Madrid over a Russian Interpol warrant. Browder accused Moscow of abusing Interpol's warrant system.
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