Other information: Undeclared economy

Publisher
Series Title
Series Details No.3 June
Publication Date June 1998
ISSN 0264-7362
Content Type

Other information:
Undeclared economy. The Commission has adopted a Communication on underclared work ('the black economy') as part of the overall European Employment strategy. The Commission estimates that such activity at between 7% and 19% of the EU's gross domestic product.
Source: COM (98)219 final (7.4.98); Press Release (European Commission), IP/98/343 (7.4.98)

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