Transparency International

Launch event in Brussels. Photo courtesy Transparency International

The launch event for the report in Brussels. Photo: Transparency International

With its fragmenting monetary union, tottering banks and politically discontented citizens, the last thing the European Union needs to hear is that it has an embarrassing public and private sector corruption problem on its hands.

Yet this is the conclusion of a new report from Transparency International, the global anti-corruption watchdog.

“Political parties, public administrations and the private sector are assessed as the weakest forces in the promotion of integrity across Europe,” says the report. Political party funding is inadequately regulated, lobbying remains veiled in secrecy, parliaments don’t live up to their own ethical standards, public procurement practices breed corruption and there isn’t enough legal protection for whistleblowers. Read more