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Corruption costs EU 162 bln USD each year: report

English.news.cn   2014-02-03 20:28:35

BRUSSELS, Feb. 3 (Xinhua) -- The European Commission on Monday unveiled the European Union's first anti-corruption report, saying corruption costs the European economy around 120 billion euros (162 billion U.S. dollars) per year.

Corruption continues to be a challenge that affects all EU member states, the report said, adding that EU member states have taken many initiatives in recent years, but the results are uneven and more should be done to prevent and punish corruption.

Detailing the situation in each of the bloc's 28 members, the report shows that corruption deserves greater attention in all the members.

"Corruption undermines citizens' confidence in democratic institutions and the rule of law, it hurts the European economy and deprives States from much-needed tax revenue," Cecilia Malmstrom, EU Commissioner for Home Affairs, said in a statement.

"Member States have done a lot in recent years to fight corruption, but today's Report shows that it is far from enough," Malmstrom said, urging EU member states to follow proposals on counter-corruption listed in the report.

The report showed that public procurement is particularly prone to corruption in the member states, owing to deficient control mechanisms and risk management.

Some sectors, including urban development and construction, healthcare and tax administration, also seem particularly vulnerable to corruption, the report added.

A Eurobarometer survey on the attitudes of Europeans towards corruption published Monday showed that 76 percent of Europeans think that corruption is widespread and 56 percent think that the level of corruption in their country has increased over the past three years.

Eight percent of Europeans say they have experienced or witnessed a case of corruption in the past year, the survey showed.


Editor: An
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