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Why is informal economy a threat for an enlarged Europe?

economy Europe Informal Threat
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Why is informal economy a threat for an enlarged Europe?

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It is important that we start by clearly defining the informal economy. In our experience, it means a lack of protection. The consequences of this are poor working conditions as well as noticeable losses for the State budget. It is often intertwined with certain illicit transfers, payments, activities. It destabilizes the social-economic fabric of the society. So we feel that this theme must be addressed from this perspective. Furthermore we believe that the only difference when it comes to the shadow economy in developed, transition, or developing countries is the volume. Certain economies are almost solely based on the shadow economy, which means that the State has absolved itself of the responsibilities which come hand in hand with participating in free general elections. In certain countries, the responsibility of the state has been taken over by other bodies and the people working in this kind of economy are just surviving. This is a dangerous phenomenon that can have consequences

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