New Transparency International report: EU companies still engaged in foreign bribery, say business executives

EU failing in its obligations to prohibit private sector bribery

There has been no improvement in the propensity of EU firms to bribe foreign officials, according to a new report by Transparency International published today. The report also finds that firms are as likely to bribe each other as government officials, according to a survey of nearly 3000 business executives from 30 developed and developing countries.

EU member states have agreed in principle to prohibit bribery within the private sector, but a recent Commission report shows they have largely failed to meet their obligations.

Press Release, in pdf format.