Series Title | EurActiv |
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Series Details | 10.04.13 |
Publication Date | 10/04/2013 |
Content Type | News |
Corruption is costing EU countries €323 billion annually, says a new report, defying Europe's image as a global front-runner in the fight against graft. A report on corruption published on the 9 April 2013 by the Hertie School of Governance in Berlin and the Bertelsmann Foundation showed the real cost of corruption to be well above previous estimates - €100 billion . The study showed a correlation between corruption rates and budget deficits across the EU, particularly in Greece and Italy. The estimated cost of corruption cited in the report amounts to nearly one-third the proposed EU budget for 2014-2020. |
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Source Link | http://www.euractiv.com/general/eu-corruption-times-expected-323-news-518998 |
Subject Categories | Economic and Financial Affairs, Justice and Home Affairs |
Countries / Regions | Europe |
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