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Greece: Penniless shepherd among top debtors. (karma: 1)  en>fr fr>en
By WilyB Comments: 28017, member since Sat Apr 26, 2003
On Mon Feb 06, 2012 03:06 AM
Stelios Parasyris, 65, is deemed to owe the Greek state nearly 10.8 million euros ($14 million) after allegedly pocketing tax refunds using false documents ... :D

A penniless shepherd from the island of Crete is one of Greece's top state debtors, a report said Sunday, highlighting the daunting task facing the crisis-hit country in managing its chaotic finances.

Stelios Parasyris, 65, is deemed to owe the Greek state nearly 10.8 million euros ($14 million) after allegedly pocketing tax refunds using false documents 17 years ago, Ethnos daily reported.

At the time, he had gained 30 million drachmas, the equivalent of 88 000 euros.

Parasyris, who now lives in a hut and has a flock of 50 sheep, told the daily he has paid his dues “three times over” but state fines and years of compounded interest have driven his debt to astronomical levels.

“If the others on the list are as poor as me, I don't see a future for this country,” the father of five told Ethnos.

The shepherd is one of over 4 000 people on a list of state debtors released last month. The finance ministry in September had also named some 6 000 businesses and companies - many now legally defunct - owing the state over 30 billion euros.

Authorities have waged a well-publicised campaign in recent months to round up debtors and tax cheats but the financial benefits have been minimal so far.

Arrest warrants for nearly 500 people were issued between December and January for unpaid state bills and tax evasion. But most of the detained are immediately freed on bail or with suspended misdemeanour charges.

Greece has chalked up a state debt of over 350 billion euros. It was given a 110-billion-euro bailout by the European Union and the International Monetary Fund in 2010 but still needs more loans to stay afloat. - Sapa-AFP

1 Replies to Greece: Penniless shepherd among top debtors.

re: Greece: Penniless shepherd among top debtors. (karma: 1)  en>fr fr>en
By lookanlearn Comments: 5637, member since Sun Jun 10, 2007
On Mon Feb 06, 2012 03:24 AM
If you go to Greek Cyprus and buy a house for cash; the Deeds to the property may take twenty years or a lifetime to get to you.

For some reason foreigners are prevented from getting Property/land ownership documents from the state; a million excuses and a thousand lawyers between you and your legal doumentation to allow you to sell if you wish...causing Greek realtors to ensure they control who buy and who sells and who gets their cut time after time after time after time after ...

Its called buying, but its rent.

A bit worse than the Spanish.

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