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...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 Prada and Louis Vuitton. Nearly a third of registered doctors there declared annual incomes of less than $22,000. In all of Greece - a country of 11 million people - only 3,125 people declared incomes more than $280,000. "Everyone who can avoid paying taxes does," says Georgakopoulos. "The only ones...

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

...This brilliance is not quite captured in their debut album, The King Lost His Pink, which was evidently recorded in haste (for some excruciating moments the live favorite "Head to Toe" is actually out of tune) and without the benefit of a seasoned producer. Chochukmo's fan base will cut them slack - such is the band's fey, disheveled charm - but a less breathless follow-up is plainly needed. So while The King Lost His Pink incurs no loss of potential, the hard part has yet to come...

Author: /time Magazine | Title: Loose Canon | 2/15/2010 | See Source »

...Jens Moberg, the head of Better Place Denmark, says the company is aiming to have the first cars on the road in Denmark by the second half of 2011. Within one year, he expects the number of vehicles to be "in the thousands," and by 2020, he believes there will be more electric cars sold in Denmark than combustion-engine cars. "We've managed our business in a responsible way and the Danish government has said we want to support this," he tells TIME. But he knows there's also an inherent risk in being first, particularly when it involves...

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

...Energy Minister, Connie Hedegaard, suggested the government might extend the tax break until 2015, but months later, a decision on that has yet to be made. "If we don't get a clarification, then we at Renault want to focus on other countries for the first electric cars," head of Renault Denmark, Henrik Bang, told the Berlingske Tidende newspaper last month. Renault has since reaffirmed its commitment to the project, and Denmark's new Climate and Energy Minister has promised to resolve the issue quickly...

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

...northern Dutch province of Friesland. Since all the water has to be frozen at once, the race is hardly an annual event. In fact, conditions haven't permitted an Eleven City Tour since 1997; the Dutch fans clearly long for another one. On a piece of paper Doekle Terpstra, head of the speed skating governing body in Holland, draws a likeness of the medal that participants receive when they finish the race. It looks like a tiny leaf. "I finished it in 1979 and 1985," he boasts. "I am very, very proud of those two medals...

Author: /time Magazine | Title: Explaining the Crazy Dutch Love of Speed Skating | 2/14/2010 | See Source »

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