Friday, July 15, 2011

Debt crisis taxes cozy Greek Church-state ties

Reuters
July 15, 2011

The Greek Orthodox Church owns more land than anyone except the state, employs thousands on the public payroll, has a stake in the nation's biggest bank, but campaigners say its tax payments are derisory.

The Church vehemently denies accusations it is one of Greece's biggest tax dodgers and says it is playing a vital social, economic and spiritual role in this time of hardship.

With the third year of recession tormenting Greece's 11 million people, the Church has provided solace, comfort and nourishment but activists say it's now time to dig deep into its coffers to help with the bailout.

The Greek Orthodox Church has long enjoyed a privileged, some would say cozy, status when it comes to taxes in a country where it is responsible for the sole official religion, with one critic calling its complex finances at best opaque.

But the sovereign debt crisis that has rocked the Greek state, thrown hundreds of thousands of people out of work, and forced painful cuts in salaries, pensions and benefits, has raised fresh questions about the Church's tax position.

More

No comments: