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Greece bringing in sniffer dogs for tax dodgers

Greece is planning to recruit sniffer dogs in an effort to catch potential tax dodgers trying to ...
Newstalk
Newstalk

11.45 14 Jul 2016


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Greece bringing in sniffer dog...

Greece bringing in sniffer dogs for tax dodgers

Newstalk
Newstalk

11.45 14 Jul 2016


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Greece is planning to recruit sniffer dogs in an effort to catch potential tax dodgers trying to take money out of the country.

The Finance Ministry announced online yesterday that it would be putting together a team to assess tenders for the provision of dogs tasked with detecting cash.

Amid fears that the beleagured EU member could be kciked out of the Eurozone, over €50bn left banks between November 2014 and July 2015. This cash-flight crisis resulted in the introduction of capital controls and a new international bailout for the country.

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Cash withdrawals from banks have been limited to €420 per week.

Banking sources estimate that between €15-€20bn is still being hoarded by Greeks outside the banking system, with tax evasion still thought to be rampant.

Authorities prefer German Shepherds, Labradors or Belgian Melinois for the sniffer dog job, Greece's Star Channel TV have reported the government document as saying.

Earlier this month, Finance Minister Euclid Tsakalatos said that the timing for fully easing capital controls was dependent on public confidence being restored in its banking system.

He told state broadcaster ERT1:

"The more the public believes that the recapitalisation process was indeed a good one, that the banks are indeed very stable, that we are indeed taking the appropriate measures to deal with the bad loans, if ... money starts returning to the banks, this will help lift capital controls.

"It's a continuous process of liberalisation."

Additional reporting from Reuters


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