Sunday, October 28, 2012

This week has been a bit hectic on my part because of the impending end of the quarter, or at least that is the only reason I can think of. Anyways, I haven't really had much time to do anything or learn about anything that interested me, so I am going to write about something that I heard about a week or so ago and has now surfaced in media world.

European nations have cracked down on tax evaders recently in a new hope to earn a little bit of money and gain some wiggle room for the country. The US government as well as many other countries in Europe, including Germany, have demanded that the Swiss banks release a list of all the people who have bank accounts in their system. The banks, who were known for their secrecy, finally complied, and in 2010 Christine Lagarde released a list including 2059 Greeks. Many other countries have used these lists to root out the evaders. Greece has not.

For some reason, probably due to widespread corruption in the government, they have abstained from searching for people, the country itself didn't make to big of deal about it since the media also was kept on the down low. Finally after a couple months Kostas Vaxevanis, an editor for Hot Doc, a big investigative journal in Greece, discovered the list and released it in his magazine. The article has created a big scandal in the Greek atmosphere.

The publication of the list has raised questions as to why the government has moved to act on the list and bring in the evaders. Currently there is a search going on to discover who has seen the document and why nothing has been done. Maybe, by the end of this the government will pull out some of the corrupted government officials.

Anyway sorry that wasn't the best, like I said all I've had time for is school work and sports practice.

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