bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Wednesday 06.05.2015 | Name days: Didzis, Gaidis

European Commission: scale of corruption in EU is incredible

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUHaving conducted a study of corruption in the EU, the European Commission has stated it’s scale is «breathtaking» and costs estimated 120 billion a year to the block’s economy.

The EU-wide study is based on two major opinion polls, which indicated that three-quarters of EU citizens consider corruption to be widespread in their country. Four out of 10 of the businesses surveyed described corruption as an obstacle to business operations in Europe.

EU Home Affairs Commissioner Cecilia Malmstroem has voiced a view that corruption was eroding trust in democracy and draining resources from the legal economy.

The EU has an anti-fraud agency, Olaf, which focuses on fraud and corruption affecting the EU budget, but so far has had limited resources, BBC wrote.

Malmstroem noted that in some countries public procurement procedures were vulnerable to fraud, while in others political party funding was the main problem, or municipal bodies were badly affected.

Ref: 111.111.111.735


Leave a reply

Phone fraudsters become active in Latvia

Phone fraudsters became active in Latvia last weekend. EUR 7,000 was stolen from an old lady in the most recent act of telephone fraud.

Toyota makes it to TOP 3 of most often hijacked cars in Latvia

Volkswagen and Audi remain the most often hijacked cars in Latvia. This is explained with the high level of popularity of these car brands among people. This year’s data compiled by Latvian State Police shows a new trend – Toyota cars have entered the TOP 3 of the most often hijacked cars in Latvia.

British politicians rush into last day of pre-election campaigning

In the UK, Wednesday, May 6, is the last day of campaigning before this week's parliamentary election, in which no clear winner is expected.

Leiskalns: current presidential candidate search resembles typical political farce

Karlis Leiskalns, deputy of the 5th, 6th, 7th and 9th Saeima, believes the current search for presidential candidates is nothing more than a typical political farce.

Police launch criminal prosecution for contraband of 11.5 million cigarettes

On 27 April, Latvian prosecutor’s office received materials from the State Revenue Service’s Customs Police regarding the contraband of 11.5 million cigarettes from Russia to Latvia. Customs Police asked the prosecutor’s office to launch criminal prosecution.

airBaltic opens flight connectivity between Tallinn and Berlin

The Latvian national carrier airBaltic today launched its third direct route from Tallinn, linking the Estonian capital with Berlin, Germany, and building upon the already existing direct route to Paris and Riga. The four flights weekly service offers convenient connections between the two cities and beyond to destinations in Europe.

Klementyev: Harmony will have its own presidential candidate

Opposition deputy Andrey Klementyev from Harmony believes it would be odd to propose Defence Minister Raimonds Vejonis for the post of President of Latvia, considering that there are so many social problems in the country, as reported by lsm.lv.

Storms hit northern Germany, causing widespread damage

In northern Germany, widespread damage was caused by storms that also killed one person.

Latvia’s economy remains the most rapidly growing one in the EU

European countries have been demonstrating many positive factors lately. Oil prices remain relatively low, stable economic growth remains in the world, euro continues to decline and the European Union continues its implementation of a beneficial economic policy.

Industrial production volume up 8.7% in Latvia

Compared to February, Latvia’s industrial production volume, according to seasonally adjusted data at constant prices, increased by 10.9% in March.

Lembergs’ official income grows 45%; debts remain the same

Lembergs’ official income grows 45%; debts remain the same

Public transport in Riga experiences problems with ticket registration

During a regular update of ticket registration software used by public transports in the Latvian capital, Rigas Karte Company, which provides maintenance of this system, came across an error that resulted in passengers with weekday season tickets being unable to register their trips this Tuesday, 5 May.

Vejonis confirms his readiness to take up the post of President of Latvia

Latvian Defence Minister Raimonds Vejonis from the Green Party has confirmed he is ready to become the President of Latvia and that the coalition will likely support his as a candidate, as reported by lsm.lv.

Amnesty Law potentially beneficial for Lembergs may be planned for Latvia’s 100th birthday

Raimonds Vejonis’ chances of becoming President of Latvia have risen sharply after a single discussion held by ruling politicians. But the idea of putting Vejonis in charge of the country is not new. The Union of Greens and Farmers had previously discussed him as an alternative for Valdis Zatlers in 2010.

Eurozone: Manufacturer price rise slows down growth of factory activity

In April, the pace of eurozone industrial activity slowed down with manufacturer prices being raised for the first time in eigth months.

Latvia’s national holiday to be celebrated with concerts and events for young and old

Monday, 4 May, will be celebrated in Latvia with a wide variety of festivities, including a festive event at the Freedom Monument. There will also be a concert event over tat Dome Square, different games to play for parents and their children in Vermont Garden and a traditional film marathon over at Splendid Palace film theatre.

Economic Diary of Latvia. «Safe haven» for Russian money

The volume of non-residents’ deposits continue to grow in Latvian banks, as confirmed by the Financial and Capital Market Commission. Russian officials believe accounts of Latvian banks are only increased by Russian citizens who hide their money abroad.

Lithuania’s political and economic diary. Lithuania not to attend WWII anniversary events in Moscow

The EU’s Ambassador to Russia Vygaudas Ušackas will represent the European Union at commemorative events in Moscow held to mark the 70th anniversary of the end of World War Two.

Unemployment in EU remains lowest since 2011

According to seasonally adjusted data, the level of unemployment in the European Union was 9.8% this March. With that, it remains unchanged in comparison with February.

Lithuanian political parties gets engulfed in «refreshment» frenzy

Lithuanian political establishment is seeing something yet unseen: the silver-haired chairmen of major Lithuanian parties are nodding nearly in unison to youth, and if not for it, so definitely for change.

Retail trade turnover up 6.5% in Latvia

Compared to February, the total retail trade turnover rose by 0.7% in March 2015, based on seasonally adjusted data at constant prices. Retail trade in food products declined by 0.6%, whereas turnover of non-food products rose by 1.6%.

Latvia’s Gross Domestic Product grows 2.1%

In Q1 2015, compared with the 4th quarter of 2014, Gross Domestic Product value, based on seasonally adjusted data, increased by 0.4%.

Court in Estonia: leading spirits' producer and retailers guilty of price fixing

Estonia's Harju County Court on Wednesday, April 29, found the country's leading alcohol producer Livico and several large retail chains guilty of a cartel agreement on the prices of spirits, fining the companies with more than a million euros.

Half the cars registered in Latvia use diesel fuel

Over the course of the year, Latvia’s car park has not only increased, but has also renewed itself. The majority of cars registered in Latvia in Q1 2014 consisted of 16 to 20-year-old cars. The first quarter of 2015 was dominated mostly by 11 to 15-year-old vehicles.

EU requests number of calories to be stated on alcohol labels

The European Commission is to develop proposals regarding rules for nutrition and ingredient listing on labels of alcoholic drinks, as stated in the European Parliament’s 29 April adopted resolution.