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Fool's Gold: How Canadian mining company Eldorado Gold destroys the Greek environment and dodges tax through Dutch mailbox companies

Added 01 Apr 2015
Fool's Gold 

How Canadian mining company Eldorado Gold destroys the Greek environment and dodges tax through Dutch mailbox companies

Eurodad's member SOMO has published a new report titled Fool's Gold - How Canadian mining company Eldorado Gold destroys the Greek environment and dodges tax through Dutch mailbox companies. This report reveals that Greece’s economic recovery is being undermined by large-scale tax avoidance – enabled by the Netherlands. At the same time, Greece endures harsh austerity measures imposed by the European Commission, European Central Bank and IMF which are supported by the Netherlands. 

The report, Fool’s Gold, reveals that Canadian mining company Eldorado Gold uses mailbox companies in the Netherlands to avoid taxes in Greece. This has led to tax losses of at least € 1.7 million for Greece in the past two years. There are also serious environmental and human right concerns related to the company’s operations.



Click here to read the summary document.

Click here or on the download button below to read the full report. 

If you are interested in the background documents used for the research and calculations click here.