BBC Report Takes A Look At Amount of Porsche Cayenne Owners in Greece

The harsh economic crisis in the Eurozone has prompted the spreading of statistical data from the crisis-plagued countries, which are reflective of controversial social phenomena and economic circumstances.

According to an extensive BBC report on crisis-rumors concerning Greece, Italy and Spain, the British news agency presented the claim about Porsche Cayenne owners in Greece exceeds the amount of taxpayers earning more than 50,000 euros.

This claim was based on a relevant remark made by Prof. Herakles Polemarchakis, a lecturer at Warwick University in the UK, which according to him, “the per capita number of Cayennes in [the Greek city of] Larissa was twice that of Cayennes in the OECD countries.”

In its effort to reveal the truth behind the controversial data, BBC reported the hard facts, which show that only 1,500 Porsche Cayennes had been sold in Greece since 2003.

At the same time, it is underlined that many Greeks attempt hiding their real earnings in order to reduce their tax payments. Statistically speaking, 311,428 people with declared incomes of more than 50,000 euros paid tax in Greece for 2010.

Greece is known for its tax evasion resulting in its ranking at the lowest place of the Eurozone.

(With information from BBC)


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