Swedish EU commissioner Malmstrom worried about growing corruption in the EU


Monday, 06 June 2011
Corruption in Europe is estimated to cost over Skr1000 billion per year and this is disturbing to the Swedish European Commissioner, Cecilia Malmstrom. She is now coming up with some suggestions to how the situation could be alleviated.

Speaking to Swedish radio on Monday, she said that the proportion of money that disappears in the bribery and corruption are as high as the whole EU common budget, i.e. a percentage of total EU GDP. She also said that four out of five European citizens say that corruption is a problem in their country.
Recently we reported that corruption is also rife in Sweden although the international perception is that Sweden is a sleek corruption –free country.   At least this in Sweden there is the will to acknowledge such problems and solution sought but it is not the same in other EU countries.


In many parts of Europe the leaderships lack interest to combat things such as bribery, corruption and state thefts according to Cecilia Malmstr�m. She did acknowledge that although Sweden is considered to be relatively less corrupt, she believes that the current bribery scandal that shook her hometown, Gothenburg clearly shows that the problem also exists in Sweden.

Cecilia Malmstr�m today proposed a new system to monitor and assess that EU's member countries are working against corruption, for example, the nature of their laws and level of implementation and enforcement.  To some extent, it is about “naming and shaming"- pointing to the EU countries that are not performing well enough in corruption domain.

“If you just make a list of naming and shaming, it will not be much of a difference. But if you provide it with concrete proposals, it can become a useful tool, "said Cecilia Malmstr�m.

The EU Commission is currently working on proposals to combat corruption in the world of sports, topical, not least in the international football federation, FIFA.
Later this year, Cecilia Malmstr�m introduces a new legislative proposal at EU level on the freezing of assets of people who have acquired them through corruption.
By Team

Print this article

What do you think about this article? Would you like to leave a comment? It will be much appreciated. You can also rate this article.

  • Should be Empty:

Scandinavian Companies & Market Magazine
(C) 2010  Granscole Establishment Sweden AB. Registered in Sweden as a Media Company. Organisation Number: 556782-6572
F-Skatt (VAT) Number: SE556782657201