International Internet Magazine. Baltic States news & analytics
Saturday, 30.04.2016, 06:20
A quarter of 315 business executives surveyed in Estonia by the global consultancy Ernst & Young in 2016 find that anti-corruption measures damage their firms' competitiveness on the Estonian market, the figure is practically unchanged from last year, reports LETA/BNS.
Keyword tags: Analytics, Business, Corruption, Estonia, Legislation, Markets and Companies, Shadow economy
Delna non-governmental organization, which is the Latvian branch of Transparency International, every year receives about 70 reports from both corporate entities and individuals about cases of corruption and shadow economy, Delna’s representatives told LETA on April 11th.
The number of registered corruption crimes in Estonia has been growing since 2012, raising from 161 cases to 459 cases in 2015, while the number of launched criminal proceedings has declined by nearly 25, informs LETA/BNS.
In 2015, 6% of employees in Latvia received illegal wages, down 2% from a year ago, informs LETA, according to a poll conducted by WorkingDay Latvia recruitment portal.
Corruption prevention measures in Latvia are extremely inefficient, which is why not only must salaries be raised for corruption prevention officers, but the entire system has to change, as Gundars Jankovs, director at Transparency International – Latvia, told LETA in commenting on Prosecutor General Eriks Kalnmeiers' statement yesterday that the authorities' measures against bribery were satisfactory.
The Court of Appeal of Lithuania's Judge Violeta Razinskaite says the Labor Party's fraudulent bookkeeping did exist, informs LETA/BNS.
The market share of illegal tobacco products in Lithuania fell significantly this year as a result of lengthy and consistent anti-smuggling efforts, informs LETA/BNS, according to an empty pack survey carried out by Nielsen.