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Tuesday, October 23, 2007

Congratulations, organized crime! You are now the #1 economic sector in Italy.

The annual report was released by the Confesercenti, an association of small businesses. It says that through various activities — extortion, usury, contraband, robberies, gambling and Internet piracy — organized crime accounts for 7 percent of Italy’s gross domestic product.

“From the weaving factories, to tourism to business and personal services, from farming to public contracts to real estate and finance, the criminal presence is consolidated in every economic activity,” the 86-page report said.