4. The wealthy Greeks more than any other social class have paid little in taxes.
18. The Federal Republic of Germany secured a write-off of over 50% of debt at an international conference held in London during 1953. With anger towards Germany still strong after the Nazi destruction of much of the continent from World War Two, many countries were not happy to offer such a generous debt relief. But the Americans persuaded its European allies, including Greece, to relinquish debt repayments and reparations in order to build a stable and prosperous Western Europe.