As we pointed out in a previous post, Greece’s recurrent financial problems have partly resulted from the twin problems of tax evasion and the large amount of unpaid tax debts. Along with measures against tax evasion such as the obligatory use of POS terminals to encourage card payments and restrictions on the size of cash payments, the government is this year intensifying its efforts to recover outstanding tax debts, using its access to bank accounts to locate funds and speeding up the process of sequestration to forestall attempts to remove the funds elsewhere.