How does the EU fight corruption?
Among the legislative initiatives introduced in recent years to combat corruption at EU level, examples include the Directive on the Freezing and confiscation of proceeds of crime, the 5th Anti-money laundering Directive, the Public Procurement Directives and the Directive on the Use of financial information to fight …
How corrupt is Bulgaria?
Transparency International’s 2017 Corruption Perceptions Index ranked the country 71st out of 180 countries, and the most corrupt in the European Union. Transparency International’s 2018 Corruption Perceptions Index also ranked Bulgaria as the most corrupt member of the European Union, placing it 77th in the world.
What is global corruption?
Corruption is a global ethical and legal issue and is defined by Transparency International as the abuse of entrusted power for private gain. Each year the report focuses on a particular sector and examines the prevalence of corruption within that sector around the world.
What is petty corruption?
Everyday abuse of entrusted power by public officials in their interactions with ordinary citizens, who often are trying to access basic goods or services in places like hospitals, schools, police departments and other agencies.
What is corruption essay in English?
Essay on Corruption – Corruption refers to a form of criminal activity or dishonesty. It refers to an evil act by an individual or a group. Most noteworthy, this act compromises the rights and privileges of others. Furthermore, Corruption primarily includes activities like bribery or embezzlement.
Why is corruption bad for the country?
Not only does corruption affect economic development in terms of economic efficiency and growth, it also affects equitable distribution of resources across the population, increasing income inequalities, undermining the effectiveness of social welfare programmes and ultimately resulting in lower levels of human …
Which country is the least corrupted?
Denmark and New Zealand are jointly perceived as the least corrupt nations in the world, ranking consistently high among international financial transparency, while the most perceived corrupt countries in the world are Somalia and South Sudan, scoring 12 out of 100 in 2020.