Search

Editors

Harry Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Richard L. Cassin Editor at Large

Elizabeth K. Spahn Editor Emeritus 

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

« Measuring Ill-Gotten Gains | Main | It's A People Thing »
Thursday
Jun072012

TI Report Links European Graft To Debt Woes

A new report released by Transparency International Wednesday linked corruption in Europe with debt problems there. Greece, Spain, and Portugal were named as economies most threatened by graft and debt.

The Wall Street Journal quoted Finn Heinrich, TI's research director, as saying: 'The reasons for the [debt] crisis differ from country to country, but countries that are worst hit by the crisis are also those where corruption is most pervasive and where there’s a lack of integrity in the public system.'

We looked at the correlation between corruption and debt last year for the Eurozone countries, using their cpi rankings. The countries with impending debt headaches -- Spain, Portugal, Italy, and Greece -- were at the bottom.

TI's full report called Money, Power, Politics: Corruption Risks in Europe can be viewed here.

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
All HTML will be escaped. Hyperlinks will be created for URLs automatically.