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In Tough Times, Europe’s Shadow Economy Grows – RadioFreeEurope/RadioLiberty


RadioFreeEurope/RadioLiberty

In Tough Times, Europe's Shadow Economy Grows
RadioFreeEurope/RadioLiberty
According to the latest data available from VISA Europe, the interbank credit-card service, Europe's shadow economy grew by 5 percent from 2007 to 2011. The VISA study put the total value of the shadow economy in 2011 at some 2.2 trillion euros (2.8

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