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Economy
In reply to the discussion: STOCK MARKET WATCH -- Monday, 3 February 2014 [View all]xchrom
(108,903 posts)14. Corruption across EU 'breathtaking' - EU Commission
http://www.bbc.co.uk/news/world-europe-26014387
The extent of corruption in Europe is "breathtaking" and it costs the EU economy about 120bn euros (£99bn) annually, the European Commission says.
EU Home Affairs Commissioner Cecilia Malmstroem will present a full report on the problem at 11:30 GMT.
Writing in Sweden's Goeteborgs-Posten daily, she said corruption was eroding trust in democracy and draining resources from the legal economy.
For the report the Commission studied corruption in all 28 EU member states.
The extent of corruption in Europe is "breathtaking" and it costs the EU economy about 120bn euros (£99bn) annually, the European Commission says.
EU Home Affairs Commissioner Cecilia Malmstroem will present a full report on the problem at 11:30 GMT.
Writing in Sweden's Goeteborgs-Posten daily, she said corruption was eroding trust in democracy and draining resources from the legal economy.
For the report the Commission studied corruption in all 28 EU member states.
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But business people prefer to have workers competing with each other for jobs.
tclambert
Feb 2014
#7
But, but according to trickle down economics, it should rain money on all of us below.
tclambert
Feb 2014
#49
Real State of the Union: Income Redistribution to Wealthy Continued Up at Accelerating Pace in 2013
Demeter
Feb 2014
#26
The Middle Class Is Steadily Eroding. Just Ask the Business World OR KRUGMAN, ABOVE
Demeter
Feb 2014
#39
Problems of Eurozone, European Integration Stem From Deeply Unpopular Elite Economic, Social Policy
Demeter
Feb 2014
#35