Financial Times: Greece is “wooing” hedge funds – the incentive and Chris Rokos’ tax residency move
Greece is ramping up efforts to lure hedge funds and private equity executives with a new 5% tax rate on bonuses and carried interest, its most high-profile win being billionaire manager Chris Rokos' move of tax residency from Britain to Greece
Chris Rokos, manager of $22 billion hedge fund, leaves London and chooses Greece for tax residency
According to Bloomberg, his decision is a major success for Athens but a significant blow to Britain, as the prominent fund manager was the country’s third-largest taxpayer
Months without rain: Images of London’s (unrecognisable) parks
Once-lush green spaces have taken on the characteristic yellowish colour of parched grass, as July was the driest month on record in the country