VAT fraud

EU runs a trade surplus with itself of 307 billion Euro

One cause seems to be massive VAT fraud which costs EU countries 30–60 billion Euro each year.

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Gabriel Felbermayr analyses the causes of the current trade disputes and strongly advises the EU to take its fate into its own...

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The EU runs a trade surplus with itself of EUR 307 billion—a figure that should be zero if all transactions were properly...

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