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The Paradox of Italy's Informal Economy

Aug 15, 2012 | 12:54 GMT
Protesters in Rome wave Italian flags.
Italian protesters in Rome
FILIPPO MONTEFORTE/AFP/Getty Images

The irregular economy is a serious challenge for Rome because it limits the government's ability to reduce its deficit and improve its budgetary situation. But at the same time, irregular activities are helping some Italians mitigate the effects of the recession and therefore are staving off the widespread social unrest that has been seen in other eurozone peripheral countries. ...

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