World News

European Commission takes first steps toward tax blacklist

September 19, 2016

The European Commission has compiled a list of nations that could one day find themselves on the first common European Union blacklist of countries that do not adhere to good tax practices. The European Union’s executive announced yesterday that it had put together a “scoreboard” of the EU’s partner countries, marking them against a number […]

EU Anti-corruption Spending in Western Balkans Not Delivering

September 14, 2016

This morning’s report from the European Court of Auditors on the European Commission’s anti-corruption efforts in the Western Balkans is a stark wake up call. Scratch beneath the veneer of bureaucratic niceness and the message is loud and clear – the billions of euros being spent by the Commission on the fight against corruption in […]

Poor results of EU aid to the poorest country in Europe

September 8, 2016

EU financial support to Moldova, aimed at strengthening the country’s public administration, has had only a limited effect, according to a new report from the European Court of Auditors (ECA). “The EU faces significant challenges in implementing assistance for Moldova”, said Hans Gustaf Wessberg, the ECA Member responsible for the report. “The combination of political […]

EBRD to invest 200 mln euro annually in Bosnia in 2016, 2017, urges steps to improve business climate

August 30, 2016

The European Bank for Reconstruction and Development (EBRD) expects to invest a record-high 200 million euro ($223.7 million) in Bosnia and Herzegovina in 2016 and a similar amount next year in a bid to unlock the country’s growth potential, the lender’s president Suma Chakrabarti told SeeNews.   “We are supporting the construction of Corridor Vc,a […]

Survey: Citizens want more EU action against tax fraud

August 22, 2016

Some 75 per cent of all Europeans believe the EU should do more to fight tax fraud, according to the latest Eurobarometer survey commissioned by the European Parliament. The survey was conducted among 27,969 people representing all 28 member states and said to be representative of the population as a whole. The fight against tax […]

Biden Warns Kosovo of the ‘Cancer’ of Corruption

August 18, 2016

Vice President Joe Biden warned the Kosovar government Wednesday of the “cancer” of corruption, during his first visit to the Balkans since 2009.   “I’m here today to affirm the United States is going to continue to stand with the people of Kosovo on your journey to become a prosperous, peaceful and multi-ethnic democracy,” he […]

55,000 sign petition as campaigners fight for transparency in EU lobbying

August 17, 2016

Barroso’s Goldman Sachs chairmanship sparks campaign for greater transparency among MEPs and EU institutions. A PETITION calling for action on the lobbying activities of EU officials has gained 55,000 signatures in a bid to pressure for transparency on a “revolving door” culture in the European Union. The action, created by the Alliance for Lobbying Transparency and […]

Greece to Seek Help from Bulgaria, Cyprus to Find Suspected Tax Evaders

August 15, 2016

Greece intends to sign agreements with Bulgaria and Cyprus which will allow Athens to look into suspected tax evasion by Greek-owned companies registered in the two countries, Greek newspaper Kathimerini has reported.     The closer inspection of Greek-owned companies registered in Bulgaria and Cyprus will aim to find out whether they are active in […]

Panama Papers: EU Parliament to ask Mossack Fonseca representatives to testify

August 2, 2016

Controversial law firm Mossack Fonseca and representatives of the Panama government will be asked to testify in a newly created parliamentary committee on the Panama Papers affair. Confirmation of the invitation came at the first meeting of Parliament’s committee of inquiry into the Panama Papers scandal (PANA). The committee is tasked with investigating alleged contraventions […]

LuxLeaks highlights need for whistleblower protection and incentives

July 26, 2016

The time has come for EU member states to decide how they will treat whistleblowers. Erika Kelton asks, will they embrace and encourage them, or will they perpetuate a culture of fear? Erika Kelton is a lawyer who has represented whistleblowers in several landmark cases, including the leading whistleblowers in GlaxoSmithKline’s $3 billion settlement with […]

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