Singapore Democrats, 20 Sep 2012
Two recent headlines should have meant much to Singaporeans but, unfortunately, they went under the radar. The first is Greece would have avoided bailout if it were not for tax havens published by The Telegraph.
The piece reported former Greece prime minister George Papandreou (left) lamenting that his country might not have needed a bailout if its economy had not been deprived of funds funneled to tax havens.
"It is our citizens that are being robbed," he said, adding that the loss in tax revenue meant that the Greek government was unable to invest in areas like welfare and education. Full story