Transparency International : close relationships between governments and big businesses enabling corruption and fuelling the eurozone's debt crisis...

Anti-corruption watchdog Transparency International (TI) says the close relationships between governments and big businesses are enabling corruption and fuelling the eurozone's debt crisis.

The warning comes in a new report that says poor governance contributed to financial and political scandals in almost every European country during 2011.

Greece, Italy and Spain are listed as among the most corrupt countries on the continent.

Political parties, businesses and the public sector are said to be the worst institutions for corruption, while electoral commissions and state auditors performed the best.

The report named Greece, Italy, Portugal and Spain – the eurozone's most financially-troubled nations – as having deeply-rooted problems in their public administrations where officials are not accountable for their actions. More + video...

Related posts:

1. Greedy Euro MPs demand pay rise as the EU falls apart...
2. The EU unleashes another expensive invasion on the British taxpayer...
3. Backlash against perks for EU officials...
4. Scandal the European parliament tried to keep secret...
5. 80 years ago, a banking collapse devastated Europe, triggering war...
6. The Greek tragedy: the IMF is the racketeer of the world...
7. European Union MPs squander millions on absurd projects...
8. EU to spend £1bn of taxpayers' money on pensions for retired eurocrats in 2010!!!
9. Secret report says Euro MP fat cats get filthy rich by bogus deals at taxpayer expense...
10. Mandelson is still being paid £8,000-a-month by EU two years after quitting Brussels.. 
11. "Should Britain quit the EU?" poll website jammed...
12. "That idiot in Brussels" storms out of live TV debate...