Italian mob has €200bn annual budget

[Faciulina]

Italian mob has €200bn annual budget
25.03.14 @ 19:08


BRUSSELS - The annual budget of organised crime in Italy is bigger than that of the EU, with most of the money spent outside Italy, the country's foreign ministry says.

“Organised crime has an annual budget of more than €200 billion,” said Giovanni Brauzzi, security policy director at the Italian ministry of foreign affairs, on Tuesday (25 March).

“They invest only 10 percent of this budget in Italy, the rest they invest in countries in Europe and elsewhere. They have good friends everywhere,” he added.

The EU's annual budget for 2014 in comparison is around €140 billion.

There are conflicting estimates on the scale of Italian organised crime.

A study out last year by the Italian-based Transcrime joint research centre said Italy's mobs take in just €10.5 billion per year.

Another study, released in 2012 by Confesercenti, a employers' association, put the annual turnover figure at €140 billon.

Brauzzi, who was speaking at the Second Annual European Cyber Security Conference in Brussels, said the mob also works with the Italian legal system to crack down on minor cyber threats on the internet in a mutually beneficial relationship.

“They produce evidence for the legal system in order find these groups, in order to stop those activities and to keep going ‘as business as usual’ in order then to have their own activities protected,” he said.

Top lawyers and managers are on their payroll, he said.

He noted that over the past few years, Italy's organised crime syndicates have shifted their "investments" outside Italy.

Brauzzi said Italy's organised crime is deeply embedded in “the most important companies working in financial transactions.”

“Corruption is the easiest way of doing busy in their framework,” he noted.

A European Commission anti-corruption report published in February found that almost half the businesses in Italy see corruption as a “very serious or quite serious problem.”

[DutchGangster69]

Sounds like the Italian Mafia is strangling the Italian economy which sounds like it is going to end up like Greece.

[Faciulina]

Sounds like the Italian Mafia is strangling the Italian economy which sounds like it is going to end up like Greece.

nah northern italy is among the most industrialized part of the world it is as rich as germany or switzerland although the mafia run 200 billions a year italy won't edn up like greece

[DutchGangster69]

Everyone leaves Italy when they get the chance. Im not impressed the Dutch owners of Vitol make 300 billion a year lol.

[Faciulina]

Everyone leaves Italy when they get the chance. Im not impressed the Dutch owners of Vitol make 300 billion a year lol.

what do u mean? italy is among the richest country in the world it's part of G8 nobody leaves italy anymore, it's not the beginning of 1900s of 1950s... the mafia runs most of construction companies, farmlands, restaurants, wast companies... it pretty runs everythings, its inside white collar crimes, its inside the political and businessmen system but it doesnt' mean that italy end up as greece

[DutchGangster69]

I know Italy is very rich but the students with no job connection want to leave,

[OziHomie]

I know Italy is very rich but the students with no job connection want to leave,

with little help from the cabal within europe including the dutch who have always undermined italy yes many students do leave italy these days .. but make no mistake italy is still a multi trillion dollar economy it still can lay claim to dominating many major global industries it still produces some of the highest most demanded goods on earth and is not only one of the worlds cultural powerhouses with its rich history and tourism but when italy stirs the world changes its path .. just you dutch are so full of self importance which is completely unfounded in any fact that you keep undermining italys significance on many levels from its roots in law media technology (yes the first computer was an olivetti not an ibm or a dutchjob) religion theology philosophy arts (we invented the piano, violin, cello, ballet the opera) fashion motorisation (heard of the cumbustion engine we invented? ) oh .. and even the military the pistol and GANGS !! in case you havnt heard of the mafia.. who all came from italy and turned the world on its head to this day.. so make no mistake .. when italy and italians decide again that its time for another renaissance .. trust me.. there will be one and no dutchman can do shit about it !!

for now italy is under siege as it has been since ww1 and 2 .. and few know why our world is as fucked as it is .. infact the people who know more truth than anyone else are italians and the vatican for your information holds the worlds largest and only complete library of humanity on this earth.. the shit we know .. is literally confined to us knowing it.. coz at this point in time.. no one is ready to hear the truth.. and let me tell u this dutchy.. for your people.. it aint pretty !!