An agreement between the government and the Swiss authorities regarding the taxation of hidden
Swiss accounts owned by Greeks is
near completion, with the finance ministry hoping to draw in 4-6 billion euros through the
measure, To Vima has reported.
The contract between the two countries would be similar to agreements that Switzerland has
signed with Germany, the United Kingdom, and other governments, according to German news
magazine Der Spiegel.
According to sources, Deputy Finance Minister George Mavraganis will meet Swiss counterparts
on Monday to finalise the agreement. Der Spiegel cites that 20bn euros of undeclared Greek
money is being held in Swiss Banks.
According to the agreement, this money would be taxed at 20-30 percent, brining in 4 to
6bn euros to the state coffers.
The agreement was not signed by either the Papadimos or Pikramenos governments,
on the grounds that they did not have the authority to do so before the elections.
A Syriza MP, Dimitris Papadimoulis, claimed that it could have been signed as early as 2005
, but was delayed because many MPs had undeclared Swiss accounts. (Athens News)
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