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Spain’s Growth Lags Behind Its Booming Shadow Economy – Businessweek

Spain's Growth Lags Behind Its Booming Shadow Economy
Businessweek
Spain's black economy has flourished as the country struggled through a brutal economic downturn. A new study released by the Finance Ministry estimates off-the-books activity accounted for 24.6 percent of Spain's economy at the end of 2012, up from 17

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