TO REDUCE EUROPEAN DEFICITS: STEP ONE – REDUCE CORRUPTION, SAY EXPERTS
April 1st, 2013
CORRUPTION costs the European Union (EU) EUR323 billion a year, three times more than previous estimates, a study by the Hertie School of Governance in Berlin, Germany, and the Brussels office of Germany's Bertelsmann Stiftung (Foundation) suggests. In an April 9 report to the European Parliament, Hertie and Bertelsmann Stiftung calculated that EU member states could increase annual tax revenues by roughly this much if they reduced corruption to levels found in Denmark, ranked by Bertelsmann Stiftung as the least corrupt in the EU. Hertie Professor Alina ...
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