Summary of EU Anti-Corruption Report

Looking for the report?
We have the summary! Get the key insights in just 5 minutes.

EU Anti-Corruption Report summary

Editorial Rating

7

Qualities

  • Analytical
  • Scientific
  • Overview

Recommendation

Public corruption is always a scourge on society, but when austerity programs like those in the European Union inflict painful cuts on essential services, mismanagement and outright theft of taxpayer money becomes even more striking. While all countries suffer from corruption to some extent, some nations seem more accepting of cronyism, nepotism and other illegal practices than other states. Despite this European Commission paper’s dense bureaucratic style, getAbstract considers it a solid report on the costs, perception and reality of corruption within the EU.

About the Author

The European Commission is the executive arm of the European Union.

Summary

Despite EU nations’ laws and law enforcement, corruption remains a significant issue. The EU’s overall economy loses €120 billion [$162 billion] to corruption every year, “just a little less than [its] annual budget.” While individual Europeans’ direct experience varies widely, roughly three-quarters of them view corruption as an extensive problem in their home country; one-quarter report personal encounters with corruption. Yet 73% of all EU citizens see bribes and personal contacts as “the easiest way of obtaining certain public services” where they live. ...


Comment on this summary

More on this topic

By the same author

Delivering a New Deal for Energy Consumers
7
Europe’s Capital Markets Puzzle
7
The European Green Deal
8
Global Risk and Compliance Report 2021
7
EU Recovery Fund
8
Capitalism, Alone
8
Chronicle of a Pandemic Foretold
9

Related Channels