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Europe Live Friday 24th May 2013

The Spanish Government approved a new "anti-fraud" plan

16th April 2012

On 13th April the Spanish government approved the new "anti-fraud" plan that aims to counter tax fraud and the parallel economy. By putting this new plan forward the government's spokesperson, Soraya Saenz de Santamaria, explained that the money that was "stolen" yearly from the Spanish government represented 6 billion euros. Amongst the new rules established notably feature: the prohibition to pay bills over 2500€ in cash and the obligation for Spanish tax payers to declare their foreign bank accounts. Moreover the Council of Ministers approved the creation of a committee of experts to reform the university system.

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