Athens eyes deal to tax assets in Swiss banks: report

Geneva

ATHENS wants a tax amnesty deal for Greeks who have stashed cash in Swiss banks, in a bid to bring much-needed revenue to the debt-laden country, a Swiss newspaper reported on Sunday. The government in crisis-hit Greece, where citizens voted on Sunday in a vital referendum on EU-imposed austerity measures, has proposed offering the country's tax cheats an amnesty as long as they pay a flat 21 per cent levy on all undeclared assets, the NZZ am Sonntag weekly reported, citing "well-informed sources".

The government - made up of the left-wing Syriza party, whose survival likely depends on the referendum outcome - has promised to tackle tax evasion which hurts Greece's already devastated economy.