{"id":651752,"date":"2017-02-20T04:08:41","date_gmt":"2017-02-20T04:08:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/20\/greece-and-its-informal-economy-a-legyptienne\/"},"modified":"2017-02-20T04:08:41","modified_gmt":"2017-02-20T04:08:41","slug":"greece-and-its-informal-economy-a-legyptienne","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/20\/greece-and-its-informal-economy-a-legyptienne\/","title":{"rendered":"Greece and its informal economy \u00e0 l'\u00e9gyptienne"},"content":{"rendered":"

Greeks are getting in touch with their inner Egyptians:<\/strong> The informal economy in Greece is growing as businesses that can\u2019t afford to pay newly imposed taxes deregister in Greece to work in the parallel economy, often after registering abroad in lower-tax environments, Liz Alderman writes for The New York Times<\/a>. Ring a bell? \u201cFew problems are more ingrained, or <\/strong>harder to combat<\/strong><\/a>, than the shadow economy, which appears to be growing again as new austerity measures compel once law-abiding Greeks to go off the books<\/strong>,\u201d writes Alderman. It\u2019s not bad time to revisit the Financial Times\u2019 \u201cEgypt: World Bank sees widening of \u2018shadow\u2019 economy<\/a>\u201d from back in 2014, which makes the point that two of every five jobs in Egypt are in the informal economy.<\/p>\n","protected":false},"excerpt":{"rendered":"

Greeks are getting in touch with their inner Egyptians: The informal economy in Greece is growing as businesses that can\u2019t afford to pay newly imposed taxes deregister in Greece to work in the parallel economy, often after registering abroad in lower-tax environments, Liz Alderman writes for The New York Times. Ring a bell? \u201cFew problems […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9003],"tags":[72,2397],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-651752","post","type-post","status-publish","format-standard","hentry","category-worth-reading","tag-enterpriseam","tag-worth-reading","wpautop","entry"],"acf":{"mongo_id":"0df85382-57d8-4d19-aa47-600513381d86","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[651728],"teaser":"","voice_url":""},"yoast_head":"\nGreece and its informal economy \u00e0 l'\u00e9gyptienne - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/20\/greece-and-its-informal-economy-a-legyptienne\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Greece and its informal economy \u00e0 l'\u00e9gyptienne\" \/>\n<meta property=\"og:description\" content=\"Greeks are getting in touch with their inner Egyptians: The informal economy in Greece is growing as businesses that can\u2019t afford to pay newly imposed taxes deregister in Greece to work in the parallel economy, often after registering abroad in lower-tax environments, Liz Alderman writes for The New York Times. Ring a bell? \u201cFew problems […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/20\/greece-and-its-informal-economy-a-legyptienne\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-02-20T04:08:41+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/20\/greece-and-its-informal-economy-a-legyptienne\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/20\/greece-and-its-informal-economy-a-legyptienne\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Greece and its informal economy \u00e0 l'\u00e9gyptienne\",\"datePublished\":\"2017-02-20T04:08:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/20\/greece-and-its-informal-economy-a-legyptienne\/\"},\"wordCount\":133,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"worth reading\"],\"articleSection\":[\"Worth reading\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/20\/greece-and-its-informal-economy-a-legyptienne\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/20\/greece-and-its-informal-economy-a-legyptienne\/\",\"name\":\"Greece and its informal economy \u00e0 l'\u00e9gyptienne - 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Despite growth spiking over the past several years and Egypt remaining one of the Middle East\u2019s fastest-growing economies, the country\u2019s poverty rate has also risen. Although it might be easy to blame the IMF-backed austerity program for this trend, the\u2026","rel":"","context":"In "Worth reading"","block_context":{"text":"Worth reading","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-reading\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/578.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599198,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/govt-cbe-and-capmas-working-on-unified-definition-of-the-informal-economy\/","url_meta":{"origin":651752,"position":1},"title":"Govt, CBE and Capmas working on unified definition of the informal economy","author":"enterpriseam admin","date":"20 June 2019","format":false,"excerpt":"The ministries of planning, industry and investment, along with the CBE and Capmas will create a unified definition for the informal economy which will enable the government to produce an accurate estimate of its size, Capmas head Khairat Barakat said. 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Dar es Salaam, the de facto capital of Tanzania, is revisiting public transportation solutions since its population began growing by half a mn people every year, reports the Guardian. 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