“This has scary parallels with FATCA and FBAR requirements. The United States debt situation is Greece on steroids. I won’t defend Mr. Tsochatzopoulos. However, the fine for hiding 100,000 Euro in assets (aggregated over three years!) of € 500,000 Euro, is clearly exorbitant. But then to also sentence him to eight years in prison without possibility of appeal shows that the Greek courts are seething with froth at their mouths that shows that this cradle of civilization has gone back to barbaric times when petty rulers could simply seize the property of any citizens only because his thugs were powerful.”
