Latvia still viewed as corrupt, but less so

Published: 23 October 2005 y., Sunday

Latvia still is viewed as the most corrupt Baltic state, is seen as the second-most corrupt in the expanded European Union, but nonetheless has improved since last year, according to the latest Corruption Perception Index by the Berlin-based Transparency International.

Latvia ranked 51st on the list released Oct. 18, an improvement from last year’s ranking of 57th. The nation shared the spot with the Central American countries of Costa Rica and El Salvador and with the Indian Ocean country of Mauritius.

The Corruption Perception Index is based on polls of business people, academics and country analysts. A total of 159 countries are included in the index, which measures opinion about the level of corruption and is based on a 10-point scale.

Latvia’s score continues to improve, climbing from 3.8 in 2003, to 4.0 last year, to 4.2 this year.

But Transparency International, as well as its Rīga-based affiliate Delna, warned that scores below 5 indicate “serious levels of corruption.”

Among the three Baltic republics, Estonia climbed four spots to a ranking of 27th with a score of 6.7, while Lithuania maintained a ranking of 44th with a score of 4.8. Transparency International singled out Estonia as among those countries where wealth is not a prerequisite for controlling corruption.

Among European Union members, only Poland scored lower than Latvia. Poland ranked 70th with a score of 3.4.

Iceland this year edged out Finland for the top spot on the index, scoring 9.7. Finland and New Zealand shared the No. 2 slot, scoring 9.6. The United States maintained its 17th place ranking, but Russia sank to 126th, sharing the spot with Albania, Niger and Sierra Leone. Last year Russia ranked 90th.

Šaltinis: latviansonline.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Baltic Banking Among the Most Advanced in CEE

“Banking Market in the Baltics 2009-2011, CEE Banking Brief” report recently presented by Intelace Research states that, despite the current economic recession, Estonia, Latvia and Lithuania are still among the most advanced banking markets in Central and Eastern Europe (CEE). more »

During three quarters of this year AB Bank SNORAS was working profitably

According to the unaudited data for three quarters 2009, AB Bank SNORAS earned LTL 4.1 million profit. Although the inter-banking market of the country fixed the banks’ asset decrease (- 4.6 per cent) since the beginning of the year, the assets of Bank SNORAS grew by LTL 249.3 million and were by 4 per cent higher than at the beginning of 2009. more »

DnB NORD Bankas revises term deposit rates

Taking into account changes on domestic money markets AB DnB NORD Bankas, a member of international financial group shall change individual and corporate time deposit rates from November 5. more »

Lithuanians to Maintain Italian and Slovak Aircrafts

FL Technics, the leading aircraft maintenance, repair and overhaul (MRO) provider in Eastern Europe, has signed contracts with Air Italy and Air Slovakia for Boeing 737-300 aircraft base maintenance in Lithuania. more »

Halloween haunts charity coffee morning

Thales UK’s headquarters site in Weybridge has recently held a Halloween charity coffee morning, raising more than £280 for Marie Curie Cancer Care. more »

Verizon Business Helps Businesses Take On Today’s Biggest Security Threat – Attacks on Web-Based Applications

New SaaS-Based Vulnerability-Scanning Solution Is Latest Addition to Company’s Application Security Program. more »

Bank SNORAS considerably reduces the (commission) fees for accepting payments

Since 31 October 2009, only LTL 0.99 fee for accepting payments will be applied to clients while making payments for various services (utility fees, communication services, etc.) in all subdivisions of Bank SNORAS. more »

DnB NORD Bankas to offer repo deals online

AB DnB NORD Bankas, the country‘s leader in investment products market, offers a new possibility for the clients to make repurchase deals (repo deals) in the bank’s newly installed on-line trading platform. more »

Further financial integration crucial for eastern Europe, despite role in crisis

The benefits of the integration of eastern Europe’s financial systems into the world economy outweigh the costs that have been highlighted during the global economic crisis, the EBRD has concluded in a new report. more »

Fisheries: EU is ready to combat illegal fishing

On 22 October 2009, following the favourable opinion expressed in September by the Committee for Fisheries and Aquaculture, the Commission adopted a Regulation establishing the implementing rules for the 2008 Regulation to prevent, deter and eliminate illegal, unreported and unregulated (IUU) fishing. more »