European Commission: Corruption Across the EU is 'Breathtaking'
Surprised?
The extent of corruption in Europe is "breathtaking" and it costs the EU economy about 120bn euros (£99bn) annually, the European Commission says.
EU Home Affairs Commissioner Cecilia Malmstroem is now presenting a full report on the problem.
Writing in Sweden's Goeteborgs-Posten daily, she said corruption was eroding trust in democracy and draining resources from the legal economy.
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120bn euros a year? It's reached the point where it would be a wonderful year in the USA if corruption only cost us five times that much.