Essexyellows
Well-known member
- Joined
- 7 Dec 2017
- Messages
- 17,247
Ah, EU Corruption............. easy.................they blame the Member States.
"Attempts have been made to quantify the cost of corruption in the EU. According to the European Commission, corruption costs the EU economy around €120 billion per year in terms of lost tax revenue and investments.4 The European Parliamentary Research Service's Cost of Non-Europe report,5 specifically focused on this subject, has found that if one includes indirect costs, EU GDP suffers annual losses ranging between €179 and €990 billion (depending on the assumed extent of reduction in corruption levels feasible for Member States). According to the report, corruption related to public procurement alone costs the EU over €5 billion annually. The European Commission says that there are no corruption-free zones in the EU, as all Member States are affected by the problem, albeit to varying degrees. "
Source: http://www.europarl.europa.eu/RegData/etudes/STUD/2017/608687/EPRS_STU(2017)608687_EN.pdf
"Attempts have been made to quantify the cost of corruption in the EU. According to the European Commission, corruption costs the EU economy around €120 billion per year in terms of lost tax revenue and investments.4 The European Parliamentary Research Service's Cost of Non-Europe report,5 specifically focused on this subject, has found that if one includes indirect costs, EU GDP suffers annual losses ranging between €179 and €990 billion (depending on the assumed extent of reduction in corruption levels feasible for Member States). According to the report, corruption related to public procurement alone costs the EU over €5 billion annually. The European Commission says that there are no corruption-free zones in the EU, as all Member States are affected by the problem, albeit to varying degrees. "
Source: http://www.europarl.europa.eu/RegData/etudes/STUD/2017/608687/EPRS_STU(2017)608687_EN.pdf