Štefan Füle, European Commissioner for Enlargement and European Neighbourhood Policy, paid an official visit to Kyiv on February 7 to discuss one topic: whether Ukraine is ready to sign the EU Association Agreement. After the visit, the European Union did not make a formal statement, but 19 strict demands for Ukraine, also known as the […]
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Transparency comes calling on telecoms, banking sectors
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 […]
Financial Times joins chorus for more transparency at the ECB
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 […]
On the frontline against corruption in Europe
Last Friday, Cobus de Swardt, Managing Director of the global Transparency International Secretariat in Berlin, was visiting Brussels for an interview in the Euronews show “On the Frontline” (OTFL) for a special edition titled “Is there a corruption crisis in Europe?” which aired yesterday. The discussions around this show started already back in August when OTFL […]
MEPs help to make the EU 0.0014286% more transparent
Compared to the EU’s 2011 budget of around 140 billion Euros, 2 million Euros (that’s 0.0014286% of 140 billion Euros) doesn’t sound like much. However, a fight – which is expected to come to a head this week – between the European Parliament and the European Commission over this relatively small sum of money may […]
Brussels waters down Euro-Parliament Code of Conduct
In the European Parliament the issue of codes of conduct is a hot topic at the moment. As one Member of the European Parliament recently stated on facebook, “What my employment was before I was elected, is not of the European Parliament or your business.” Unfortunately, it seems that some members of the European Parliament (MEPs) […]
Dealing in the dark: Portugal’s sad defence contracts
On 06 September, Transparency International releases its annual report on enforcement of the OECD Anti-Bribery Convention. Right at the time the European Union is consumed with the debate over the debt crisis and politicians across the EU are busy playing the blame game, an interesting case going on in Portugal helps shed some light on […]
Where do Multinational Corporations go on their holidays?
…and how much money do they spend when they get there? Despite their global reach, Transparency International’s recent Transparency in Corporate Reporting report – which assesses 105 multinational companies’ anti-corruption reporting – shows that these companies reveal very little information about their financial and non-financial contribution to the countries in which they operate. The European […]
EU: Bulgaria and Romania fail the corruption test again
Over the past months, the European Commission, the executive body of the European Union (EU), has been exasperated with Bulgaria’s failure to put corrupt senior officials and crime bosses behind bars. Meanwhile in neighbouring Romania, trouble has been brewing since a major political turf fight has taken centre stage. The timing couldn’t have been worse. […]
Fail Again. Fail Better: Reform of the EU Banking Sector.
Samuel Beckett’s exhortation to “fail better” could also be applied to the EU banking sector. Time and time again, troubled financial institutions have been bailed out by the taxpayer because they have been perceived as “too important to fail”. The ability of a large number of banks to benefit from excessive risk-taking without fully absorbing […]
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What’s next for Ukraine?
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Cleaning up sport: conflicts of interest at the top
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OGP: France must do more to tackle corruption
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Pharma companies in Slovakia: Uncovering conflicts of interest
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