Euro Crisis

Greece Freezes Assets in Grab for Tax Money

The country's government should be digging through the sofa cushions next


Greece's Financial Crimes Squad (SDOE) said on Thursday it had frozen the assets of 121 individuals and companies involved in tax evasion amid efforts by the government to stem endemic revenue loss.

"It is the first time this measure is taken" to combat the chronic problem of tax cheating since the auditors of Greece's EU-IMF creditors called on the country to step up its efforts, a source from the finance ministry told reporters.