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En_Final_ Diagnostic Report On Undeclared Work In Greece.Pdf, Colin C. Williams
En_Final_ Diagnostic Report On Undeclared Work In Greece.Pdf, Colin C. Williams
Colin C Williams
This diagnostic report evaluates the extent, nature and drivers of the undeclared economy in Greece followed by recommendations regarding how this sphere can be tackled.
Extent and nature of the undeclared economy in Greece
The size of the undeclared economy is commonly estimated to be equivalent to some 25% of GDP in Greece. A catalyst for its prevalence is the relatively high level of self-employment and large share of micro- and small enterprises. Micro enterprises with 1-9 employees represent 96% of all enterprises in Greece, employing 55% of the labour force (compared with less than 30% in the EU-28). …