Romania ranks, for the third consecutive year, among the EU countries with the weakest results in combating corruption, achieving a score of 46 points out of a possible 100, equal to that of Malta, according to the 2024 Corruption Perceptions Index (CPI), released by Transparency International on Tuesday.The CPI ranks 180 countries and territories by their perceived levels of public sector corruption on a scale of zero (highly corrupt) to 100 (very clean)."Global corruption levels remain alarmingly high, with efforts to reduce them faltering," reads a Transparency International press release."Against a backdrop of record-breaking global warming and extreme weather events, erosion of democracy and a decline in global climate leadership, the world has its back against the ropes in its fight against the climate crisis," Transparency International warns.The European Union has the highest scores in the CPI ranking, nonetheless the EU average is 62 points, two points lower than the previous years.The highest-scoring countries in the region are Denmark (90), Finland (88) and Luxembourg (81).Romania scores 46 points out of 100, same as Malta, and among EU countries with the weakest results in terms of corruption combat.At the EU level, the largest decline in the CPI ranking over the last year is seen in Germany (75 points, minus 3 points compared to 2023), Austria and France (67 points, minus 4 points compared to 2023), Slovakia (49 points, minus 5 points compared to 2023), and Malta (46 points, minus 5 points compared to 2023).Although it is one of the few countries in the European Union that has maintained a stable score in the CPI ranking, Romania remains well below the EU average. According to Transparency International's methodology, scores below 50 points are considered unacceptably low.Recommendations for Romania include implementing the integrity agreements as means to monitor public procurement; improving citizens' awareness in terms of law breeches reporting in areas such as public procurement, money laundering prevention, climate protection, public health; updating legislation in the area of public integrity; adopting a government programme to fight corruption leading to a better score of at least 50 points by 2027; non-formal and informal education for pupils and students on basic notions of democratic principles, individual rights, ethics and integration in the society. (Photo:https://www.transparency.org/)
Ireland can be seen as one of the most important business hubs in Europe and the European Union, as many international companies have established regional headquarters there. If you are looking for a country to expand your enterprise, you should definitely consider Ireland for several reasons that are presented below. Location and language The first […]
Cyprus is mostly known as a tourist destination. However, there is also a business side to it, as many investors choose it to open companies because of the favorable taxation system. Apart from its low corporate tax rate, there are a few more reasons why you should choose it if you are looking for a […]
The Romanian Commercial Code provides for various types of entities that can be created by natural persons and companies, local or foreign. Each of them has its own particularities, which can give it various advantages. How do you choose among them? We will review the main types of companies and their pros to help you […]
A new alley named after Romanian diplomat Nicolae Titulescu was inaugurated on Tuesday, December 9, in Paris’s Parc Monceau during a ceremony attended by Romania’s president Nicușor Dan and Paris mayor Anne Hidalgo. “I expressed my appreciation for the decision to name an alley in the beautiful Parc Monceau in Paris after the great Romanian […]
Oxygen Resort, a development located in central Romania’s Harghita county, has inaugurated its first bungalows. The first 18 bungalows are already functional, with another 17 units to be completed in the next stage, bringing the total to 35. The inauguration of the bungalows “marks the transition from a center dedicated predominantly to recreational activities to […]
Romania carried out a new medical evacuation mission for civilians from Gaza on Monday, December 8, transporting eight Palestinian patients and 29 accompanying relatives to Bucharest for treatment, according to the Department for Emergency Situations (DSU). The patients were evacuated aboard a Romanian Air Force C-130 Hercules aircraft after lacking access to adequate medical care. […]
