Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Tax Evasion to Cost Germany 65 Billion Euros in 2012, Bild Says

Tax evasion will cost Germany about 65 billion euros ($79 billion) in lost revenue this year, Bild reported, citing studies by Friedrich Schneider at the Johannes Kepler University in Linz, Austria.

About 50 billion euros in revenue will be lost from off-the-books income and as much as 15 billion euros from undeclared investment outside Germany, the newspaper said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.