ATHENS (Reuters) - Greek authorities said on Monday they had arrested 24 people in a crackdown on about 1,000 small businesses suspected of dodging capital controls and value-added tax by using cashless card-processing terminals linked to banks in Bulgaria.
Authorities said hundreds of small businesses - many in the tourism industry - were conducting cashless transactions using point-of-sales (PoS) devices linked to Bulgaria via Malta that went unrecorded in Greece, which has had capital controls in place for a year.
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