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Dimitris, who owns a small retail operation, admits he cheats on his taxes. He says he only submits tax invoices for roughly half of what he sells - about $17,000 of the $34,000 he takes in every year - and pockets the 19% sales tax he collects on the rest...

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

Remarkably, Uruphong's directorial deftness assures that the laborers starring as themselves never look labored or sound the least bit scripted. The filmmaker is currently postponing further projects to obtain his master's in communications, but it is apparent that he has already learned many lessons on the way to...

Author: /time Magazine | Title: Field Daze | 2/15/2010 | See Source »

Still, Greeks are bracing for the coming pain. With the economy already in recession, firms are trying to figure out how to survive until the crunch is over. Projects have been put on hold and credit is tight. Many are likely to lose their jobs, while budget cuts and tax...

Author: /time Magazine | Title: Greek Tragedy: Athens' Financial Woes | 2/15/2010 | See Source »

Thackeray is too careful a scientist to speculate about whether that sort of disconnect lies in the future for U.K. species. "I want to be very careful to talk only about what we've formally tested. My feeling is that the impact will vary, but I can't say more...

Author: /time Magazine | Title: Can Climate Shift the Biology of Ecosystems? | 2/14/2010 | See Source »

One country, however, appears to be better prepared than the others: Denmark. The biggest Danish power company has partnered with a California start-up company, Better Place, to build a nationwide grid to support electric cars, composed of thousands of charging poles in towns and cities and service stations along...

Author: /time Magazine | Title: Denmark Leads Europe's Electric-Car Race | 2/14/2010 | See Source »

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