Faculty News

In a podcast interview, Professor Nicholas Economides comments on why the Greek government is encouraging a shift away from cash and towards electronic payments that can be more easily monitored for tax purposes

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Excerpt from BBC Business Daily Podcast -- "There is a lot of tax evasion in Greece - I would say it might be as high as 30% of national income - so it's very important for the government to reduce the use of cash because the non-reported transactions are happening in cash."

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