January 2nd, 2013
We've covered Greece quite a bit here on the Task Force blog. Tax evasion and corruption are both endemic in Greece, and they have played no small part in the current financial crisis in both Greece and Europe. Wealthy Greeks have moved significant amounts of money overseas to tax havens like Switzerland.
December 7th, 2012
Europe’s rankings in the Corruption Perceptions Index 2012 are as diverse as the region itself.
Clearly the perceived level of corruption in Greece (94th, the lowest EU state) is entirely different from that of Denmark and Finland, tied with New Zealand in first place. However, the old adage that corruption only occurs in the countries of the South, rings rather hollow.
September 4th, 2012
This week, the influential German magazine Der Speigel published a report based on research from Global Financial Integrity, which found that $261 billion in illicit money flowed out of the country from 2003-2011. The summary (in German) is available here.
June 18th, 2012
WASHINGTON, DC – Global Financial Integrity (GFI) today called upon G20 leaders meeting this week in Los Cabos, Mexico to tackle the issue of tax haven secrecy and the illicit financial flows it facilitates as a necessary means to ensuring stability in the international financial system.