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2010-05-01 Europe

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Posted by Steve White 2010-05-01 00:00|| || Front Page|| [1 views ] Top

#1 These numbers reflect the number of people working in the black economy as much as anything. Greek unemployment is officially 19%.

Government austerity and taxes increases will drive more people into the black economy, further reducing government revenues and increases costs (many of the black economy employed also collect welfare).

Posted by phil_b 2010-05-01 02:37|| 2010-05-01 02:37|| Front Page Top

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