Shadow Union: 'Spanish 'Black Book Economy' booms as austerity bites' [Felix Moreno de la Cova @ RT]
- uploaded: Oct 29, 2013
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As if austerity, rising poverty and joblessness weren't enough - the EU's facing another crisis from its own shadow economy. In Spain alone, up to 30 per cent of business is now hidden from government and tax inspectors. And, as RT's Tesa Arcilla found out across the bloc, it's getting worse.