An anti-trafficking organization reported that three out of four prostitutes working in the red light district of Amsterdam were from economically distressed communities. Not-for-Sale stated at a conference on women’s rights that 75 percent of the women came from poor communities in Bulgaria, Hungary and Romania.
Source: Belinda Goldsmith, “Younger girls forced into prostitution in economic crisis: conference,” Reuters, December 5, 2012.
The counterfeit goods market in Hungary is estimated to cause $4.6 Billion (3 Billion Euros) in economic losses every year, according to the Hungarian Patient Office.
Source: “Counterfeit and Pirated Goods Make Third of Hungary’s Black Market,” Petosevic, December 21, 2010.
Money laundering in Hungary is estimated to be worth $15 Billion a year, according to the National Tax and Custom Office.
Source: “Hungary money laundering estimated $15 bln a year,” Budapest Business Journal, May 16, 2011.
Cigarette smuggling in Hungary lead to 6 percent of all cigarettes sales to take place on the black market to avoid taxes in 2010.
Source: “Hungary black market for cigarettes shrinks as crackdown continues,” Budapest Business Journal, December 15, 2010.
Prostitution and the illegal drug trade in Hungary was worth an estimated $1.9 Billion in 2005.
Source: Zoltan Simon, “Hungary Sizes Up Prostitution, Drugs, Boosting GDP,” Bloomberg, September 30, 2009.