Crime has little effect on Italy's GDP, says bank

(AGI) Rome, June 23 - Crime will have little effect on Italy'sGDP under the new European system of National and RegionalAccounts, said the Bank of Italy. An estimate of 10 percent isonly hypothetical, it said. The current definition of GDPalready includes undeclared income, which is not the same thingas the underground economy, said the bank statisticians. . .

(AGI) Rome, June 23 - Crime will have little effect on Italy'sGDP under the new European system of National and RegionalAccounts, said the Bank of Italy. An estimate of 10 percent isonly hypothetical, it said. The current definition of GDPalready includes undeclared income, which is not the same thingas the underground economy, said the bank statisticians. . .