Shadow Economies: Illicit Financial Flows and Sanctions Evasion in the Balkans and Black Sea
This webinar will launch the new research paper Shadow Economies: The Rise of Illicit Networks and Alternative Markets in Sanctions Circumvention. The study examines how illicit financial flows linked to sanctions evasion have surged across the Western Balkans and Black Sea region, doubling to more than $31 billion in 2023. It shows that European companies…