Image by © C. Devan/Corbis
Corruption continues to be a challenge for Europe – a phenomenon that costs the European economy around 120 billion euros per year. EU member countries have taken many initiatives in recent years, but the results are uneven and more should be done to prevent and punish corruption.
Europeans are deeply worried about corruption – Eurobarometer survey results show that three quarters (76%) of Europeans think that corruption is widespread and more than half (56%) think that the level of corruption in their country has increased over the past three years.
Download the European Commission 2014 Anti-Corruption Report
The views expressed on AustrianCenter.com are not necessarily those of the Austrian Economics Center.
