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Dates: during 2010-2019
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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...
...This kind of character - the village boy who succeeds against all odds - is a staple of Bollywood, India's film industry, the largest in the world. But Khan turns it into something more. In his hands, the true story of Paan Singh Tomar, a track-and-field champion turned mountain bandit, becomes a parable about the frustrated poor. Khan says the film, written and directed by Tigmanshu Dhulia, an old friend from drama school, appealed to him because it follows the hero once he has been forgotten. "It talks about our system," he says. "It's a sign...
...sense of urgency may finally be hitting home. "Greeks have realized, in the last 40 days, that this is no joke," says Eftichios Vassilakis, vice chairman of Aegean Airlines, Greece's largest air carrier. "We are at a critical moment. Some like to say that Greeks respond best when we're at the edge of the cliff. Well, we're definitely at the edge of the cliff." Some Greek business leaders hope that the medicine, though bitter, will produce a healthier economy. "The crisis was inevitable," says Ioannis Kamatakis, CEO of MLS Multimedia, a technology company that produces GPS systems...
...particular - is promising. Wind-energy generation alone is expected to increase fivefold in the next decade. "The new Greek government seems determined to push the 'green economy' and is taking measures in the right direction," says George Peristeris, executive chairman of GEK TERNA Group, one of Greece's largest construction and energy companies. "But changes must be radical and drastic if Greece wants to achieve its goals...
When George Barrett was named CEO of Cardinal Health in August, the prognosis was grim. The nation's second largest drug distributor, Cardinal had lost a third of its value the previous year. The U.S. Drug Enforcement Administration (DEA) had suspended several of the company's licenses. What's more, the firm, based in Dublin, Ohio, was about to spin off its lucrative medical-tech arm, CareFusion, sparking a further double-digit drop in its stock price. In other words, Barrett deadpans, "we had some challenges...