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Sunday, February 12, 2017

Greece’s ‘Shadow Economy’ Ranks First Worldwide at 21.5% of GDP, study shows

Greece’s ‘shadow economy’ ranks first in the world estimated at 21.5% of gross domestic product, a study by the Institute for Applied Economic Research at the University of Tübingen in Germany (IAW) says. The study, which is published in Forbes, defines a shadow economy as undeclared earnings from illegal activities, bribery money, undeclared labor and business […]


READ THE ORIGINAL POST AT greece.greekreporter.com