Sabato, 20 Ottobre 2018
ROME

Underground economy sucking out over 17% of Italian GDP

English
© ANSA

Rome, July 25 - Italy's underground economy is
worth the equivalent of 17.4% of gross domestic product, a study
by retailers association Confcommercio said Thursday.
The percentage amounts to 272 billion euros in taxes dodged
every year, "an enormous figure," said the report.
The study assessed 2012 and 2013 data and trends.

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