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The economic impact of organised crime and money laundering – How does the COVID-19 crisis aggravate the problems?

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Start date : 10/03/2021

End date : 10/03/2021

European Economic and Social Committee,

Covid-19, Economy and the euro, Employment and social rights,

Activities of organised crime organisations like money laundering and the tapping of public funds have consequences for the economy, business and society. A crisis like the COVID-19 pandemic may be an opportunity for organised crime to spread their activity, gain power and even innovate to find new ways to pursue their objectives. The vast amount of money being made available in a short time window through the EU recovery fund will pose a particular challenge in this context.

Social media: #OrganisedCrime; #MoneyLaundering

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