PragueConnect.cz - Economy

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KPMG: Grey economy is a problem for 60% of firms

More than 60% of Czech firms view grey economy as a real problem. This stems from the Pulse of the Economy survey carried out by KPMG in Central and Eastern Europe among top managers. KPMG’s managing partner Jan Žůrek has stated that the value of grey economy in the Czech Republic totals ca. half of the state budget.

Source: www.cianews.cz