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Monday, March 03, 2014

EU Corruption Breathtaking

The EU Anti-Corruption Report, published today, paints a grim picture of corruption being endemic across the EU.

The report's author, EU Home Affairs Commissioner Cecilia Malmstroem, said that the extent of corruption in Europe is "breathtaking"; it costs the EU economy at least 120BN euros per annum (the EU's annual budget).

Corruption erodes trust in democracy and drains resources from the legal economy.
Unsurprisingly the bureaucrats and politicians within the EU have managed to delay the release of this report, which should have been published months ago. Additionally, the report was also meant to cover EU institutions. However, the vested interests managed to block that part of the investigation.
As Cecilia Malmstroem told the BBC:
"The political commitment to really root out corruption seems to be missing.

The reason being is because the bureaucrats and the politicians in the EU treat the system as a gravy train which they have no intention of alighting from.

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