February 4, 2014

'Breathtaking' Corruption Across EU

The extent of corruption in Europe is "breathtaking" and it costs the EU economy at least 120bn euros (£99bn) annually, the European Commission says.EU Home Affairs Commissioner Cecilia Malmstroem has presented a full report on the problem.

She said the true cost of corruption was "probably much higher" than 120bn.Three-quarters of Europeans surveyed for the Commission study said that corruption was widespread, and more than half said the level had increased.

http://m.bbc.co.uk/news/world-europe-26014387

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