A few months only after a controversy on executives' wages, the German economic elite are again in the limelight. According to the online edition of the daily Spiegel (February 18), the Chancellor, Angela Merkel, would use private interviews to remind a series of executives of the scope of their responsibilities. (Ref. 080136)
On February 14, there was a spectacular search at the home and office of Klaus Zumwinkel, Deutsche Post CEO, suspected of tax evasion (who, in the meantime, resigned); 125 searches are expected this week according to the press and almost 1.000 key-personalities are suspected of evading several billion euros in taxes via investments in Liechtenstein: Germany is weakened by the biggest tax evasion scandal of its history. This scandal immediately revived the debate on executives’ presumed greed an
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