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20% of Italian Economy Is Underground

Fri 08 Mar 13 | 03:30 AM ET
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20% of Italian Economy Is Underground

Fri 08 Mar 13 | 03:30 AM ET
Enrico Giovannini, President of the Italian Statistical Institute, says many Italian enterprises survive because they don't pay taxes, adding 40-50 percent of the retail trade, construction and tourism sectors is underground.

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Italy
 
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