Black Markets In Gold And Cigarettes Are Exploding In Greece

Two separate stories in Greek newspaper Ekathimerini appear to show a common theme in terms of what's happening to the Greek economy as the state becomes more and more desperate for revenue at a time when the private sector is more and more desperate to avoid paying it.


Sales of smuggled cigarettes have more than trebled in Greece, amounting to an estimated 3.5 billion euros per year, or 15 percent of the legal market, as the worsening of the economic recession and repeated price hikes for tobacco products have frustrated smokers .... Read more at http://www.businessinsider.com