The Australian government took the reins of the G20 on 1 December. In its vision it acknowledges that corruption is bad for business, but Australian business doesn’t seem to think the same, having dropped it from its top priorities for 2014. We think this is a mistake. “Corruption is a severe impediment to sustainable economic […]
Croatia becomes EU member number 28 on 1 July. After Tudjman and Milosevic and a bloody war 20 years ago in the Balkans, this is definitely good news for both the European Union and Croatia. The new story of the Balkans started with disintegration 20-odd years ago, but Croatia’s membership is a clear sign of […]
This week sports ministers and experts from more than 50 countries are meeting in Berlin to discuss the future of sports under the auspices of UNESCO. Good governance is a key priority. Here Saska Benedicic Tomat, head of projects at the International Sport and Cultural Association, explains why it is so important in grassroots sports. […]
Reposted from the blog of Transparency International’s EU liaison office in Brussels. Corruption thrives in the dark, dank corners where no-one is looking, and banking is no exception. Who had heard of the LIBOR benchmark until the rate-rigging scandal erupted early last year? Now it is a byword for bad behaviour in banks. This week, […]
The bail out of the troubled banking sector in Cyprus has taken on serious political overtones as the crisis deepens. During the past few weeks Cyprus has been accused of failing to combat money laundering and fraud and that Russian oligarchs seek refuge for their money in this “tax haven” country. Now the strongest members […]
The issue of whether or not to bail out the troubled banking sector in Cyprus has taken on serious political overtones as the crisis deepens. During the past few weeks Cyprus has been accused of failing to combat money laundering and fraud and that Russian oligarchs seek refuge for their money in this “tax haven” […]
Europe’s rankings in the Corruption Perceptions Index 2012 are as diverse as the region itself. Clearly the perceived level of corruption in Greece (94th, the lowest EU state) is entirely different from that of Denmark and Finland, tied with New Zealand in first place. However, the old adage that corruption only occurs in the countries […]
Romania has recently been hit with a series of corruption scandals which have gravely affected the parliament’s image. In September 2012 Transparency International Romania (TI-Ro) with the help of two other NGOs specialized in the field, Pro Democratia and Centre for Legal Resources put forward a proposal for a Code of Conduct in the agenda […]
Our recent report on corporate transparency has exposed lamentably low levels of country-by-country reporting across the business spectrum. This means 69 of the world’s biggest companies operate in India, for example, but only two disclose how much money they made there, and not one discloses Indian tax payments on their main corporate website (see the […]
We at TI-EU have been questioning the levels of transparency and accountability at the ECB, as you can see in our op-ed in the EU Observer and our blog post on President Barroso’s address . We are glad to see that those wise old heads at the Financial Times (motto: “without fear or favour”) came to the same conclusion. They, like […]
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