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Calculating the full cost of tax evasion in Greece is nearly impossible. The Greek government estimates the shadow, or untaxed economy, is about 30% of the declared economy, among the largest black markets in the 16-member euro zone.

Author: /time Magazine | Title: Taxing Times in Greece | 2/15/2010 | See Source »

In Greece, doctors, lawyers, accountants and other self-employed professionals are among the worst offenders, says Georgakopoulos, the tax head. To prove the point, the ministry released tax information last November about doctors in the wealthy Athens neighborhood of Kolonaki, where the streets are lined with shops selling brands like...

Author: /time Magazine | Title: Taxing Times in Greece | 2/15/2010 | See Source »

Montag, for those of you who want to pretend you don't know, is one of the most important reality-show stars of our time. To promote her album, the 23-year-old star of MTV's The Hills agreed to appear on a People magazine cover to show off...

Author: /time Magazine | Title: Heidi Montag, Spencer Pratt and the Limits of Celebrity | 2/15/2010 | See Source »

Before the ceremony began, the public-address announcer declared that the event would be dedicated to Kumaritashvili. The crowd gave the small clutch of Georgian athletes, clearly saddened and wearing black armbands in honor of their fallen teammate, a classy standing ovation as they entered the arena. Toward the end...

Author: /time Magazine | Title: Olympics Open with Restrained, Respectful Celebration | 2/13/2010 | See Source »

As if to prove how seriously he takes the issue, Jonathan's second action (after sacking the justice minister, who had campaigned most noisily against his promotion) was to call a meeting with the oil majors in Nigeria. The peace process was his top priority, he told executives from Chevron...

Author: /time Magazine | Title: Is Goodluck Jonathan the Answer to Nigeria's Woes? | 2/13/2010 | See Source »

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