December 15 2015
Greek financial prosecutors have raided a UBS office in Athens seizing records as part of an investigation into possible tax evasion by holders of large bank deposits abroad, court officials said on Tuesday.
Germany provided Greek authorities with information on suspected tax evaders last month in a move to help Athens fulfill its promise to international creditors to crack down on tax evasion.
The western German state of North Rhine-Westphalia handed more than 10,000 data sets on accounts of Greeks in Switzerland to the Greek finance ministry in a move that could help it boost tax revenue.
The information concerned accounts held by private individuals and companies with assets estimated to be worth up to 4 billion Swiss francs ($3.92 billion).