Black economy has been traditionally the weak point for a number of European countries in the South of the Old Continent. Greece, Italy, Spain, Portugal, Cyprus and Malta to name only the Eurozone countries with black economy percentages around 20%, are usually on the head of European Commission’s country lists with economic activities outside […]Home » independent professionals
Eurozone: Black economy loves the South
Black economy has been traditionally the weak point for a number of European countries in the South of the Old Continent. Greece, Italy, Spain, Portugal, Cyprus and Malta to name only the Eurozone countries with black economy percentages around 20%, are usually on the head of European Commission’s country lists with economic activities outside […]Filed Under: Business Tagged With: Austria, Black economy, Cyprus, European Commission, Finland, France, Germany, Greece, Income taxes, independent professionals, Italy, Malta, Portugal, self-employment, small businessmen, social security contributions, Spain, VAT

















