From Reason.com
''The informal, or shadow, economy is growing in the EuropeanUnion (EU) due to the economic crisis. It ranges from eight percent of Gross Domestic Product (GDP) in Switzerland and Austria tomore than 30 per cent in some Central and Eastern Europeancountries, such as Bulgaria, Croatia or Romania. Curtailing this“other” marketplace is a challenge for both state governments andthe EU, as the transformation of undeclared work into formal workcan be an important step towards the fulfilment of the EUemployment targets set out in the Commission strategy “Europe2020”.''
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