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Swiss in tax talks with Athens: minister

AFP
AFP - [email protected]
Swiss in tax talks with Athens: minister
Swiss Federal Chancellery

Swiss Finance Minister Eveline Widmer-Schlumpf said Wednesday her country was in talks with Greece on a double-taxation deal to avoid Greeks cheating the taxman by parking assets secretly in Switzerland.

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"The Greek finance minister approached me," Widmer-Schlumpf said. "We are conducting technical discussions. I am not able to give you an indication of the sort of volume we are talking about," she added.

One of the main problems in debt-wracked Greece is the difficulty authorities have in collecting taxes.

Earlier on Wednesday, Germany and Switzerland clinched a double-taxation deal that aimed to draw a line under a prickly tax evasion dispute between the two European financial centres.

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