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GREECE

Greece u-turns over ‘stolen’ Swiss tax data

Greece will use a CD allegedly containing details of citizens who have bank accounts in Switzerland to track down tax evaders, the finance minister said on Monday, after Athens previously dismissed the information as unusable.

Greece u-turns over 'stolen' Swiss tax data
File photo: A. Carlos Herrera

Finance Minister Yannis Stournaras told the Financial Times that Greece will work on it "as a priority."

"I first learned of (the CD's) existence from the newspapers," Stournaras said, adding that if the ministry's economic crimes unit SDOE could not track the data down "we'll ask our European partners for another copy".

Stournaras' comments came two weeks after deputy finance minister George Mavraganis told parliament that the material — apparently removed illegally by an HSBC bank employee in Switzerland — could be deemed "industrial espionage" and would therefore not be used.

Struggling to avoid bankruptcy since 2010, Greece has been trying to clamp down on perennial tax evasion and avoidance, but with limited success.

Stournaras last week said the ministry's fraud squad was investigating more than 30 cases involving the holdings and tax declarations of politicians, local council administrators and other senior public servants.

Among those under investigation whose names have been leaked to the press is parliament chief Evangelos Meimarakis, who has temporarily stepped down from his post.

The Bank of Greece was reported in July to have information on 403 Greeks who had moved at least €100,000 abroad in 2010, while claiming to have zero income.

And the finance ministry in February said Greeks had legally moved €16 billion ($21 billion) abroad in the last two years.

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ANGELA MERKEL

German war crime payments debated in Greece

Greece's parliament on Wednesday began a debate on a resolution to demand the payment of German war crime reparations, an issue long disputed by Berlin.

German war crime payments debated in Greece
Angela Merkel and Alexis Tsipras in Greece in January. Photo: DPA

“These demands are always active. They were never set aside by Greece,” parliament chairman Nikos Voutsis told reporters this week.

The chamber is expected to approve later Wednesday, with cross-party support, a resolution calling on the government of Premier Alexis Tsipras “to take all the necessary diplomatic and legal steps to claim and fully satisfy all the demands of the Greek state stemming from World War I and World War II”.

A parliamentary committee last year determined that Germany owes Greece at least €270 billion for World War I damages and looting, atrocities and a forced loan during the Nazi occupation in World War II.

Reclaiming war reparations has been a campaign pledge by Tsipras since 2015. He faces multiple electoral challenges this year, with his party trailing in polls.

'Historical responsibility'

During a visit to Greece in January, German Chancellor Angela Merkel said her country “recognised its historical responsibility.”

SEE ALSO: Merkel says Germany recognizes responsibility for Nazi war crimes in Greece

“We recognize our historical responsibility. We know how much suffering we, as Germany in the time of Nazism, have brought to Greece,” she said.

In 2014, ex-president Joachim Gauck had also sought public forgiveness in the name of Germany from relatives of those murdered by the Nazis in the mountains of northern Greece.

But when it comes to actual payments, the German government has always insisted that the issue was settled in 1960 in a deal with several European governments.

Germany's government spokesman Steffen Seibert reiterated Wednesday that “the reparation issue is judicially and politically settled”. 

He said Berlin is doing “everything it can so Greece and Germany maintain good relations as friends and partners”. 

During the Greek economic crisis, there was further tension in Athens over draconian EU austerity and bailout terms seen to be imposed by Berlin hardliners.

Relations have improved over the last three years after Tsipras' government endorsed conditions linked to satisfying its creditors.

Tsipras and Merkel also worked closely on finding common ground on migration and Balkans security.

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