en

parallel economy

2

Terminological databases

EKI terminibaas Esterm

ID 706573 Last modified 30.12.2004
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Domain economic principles & theoriesemployment - conditions of employment - participation
  • töö ja teenused, mille eest saadud sissetulekute kohta ei ole avalikke andmeid ja mille pealt, kui nad on maksustatavad, ei maksta makse
  • sector of the economy based on illicit working or illegal activities which do not appear in the national statistics
black economy preferred
Usage examples
  • Whereas the declaration by the Council and the Commission, recorded in the minutes of the Council, on the occasion of the adoption of Directive 89/130/EEC, Euratom, has indicated that the committee set up by Article 6 of the said Directive, hereinafter called the 'GNP Committee`, should concentrate its work on improving the degree of coverage of the so-called parallel economy in the national accounts...

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