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

First woman wins Nobel Economics

Elinor Ostrom -- an American professor who developed ways to manage common property - is the first woman to win the Nobel prize for economics. more »

435 construction workers in the Netherlands to receive help from EU Globalisation Fund

The European Commission has today approved an application from the Netherlands under the Globalisation Adjustment Fund (EGF) for € 386 114 to help 435 workers made redundant by Heijmans N.V., a Dutch construction company, back into jobs. more »

Lithuanian biotech products conquer China

Seeking to strengthen and further expand product sales in the Asian region, the Lithuanian biotechnology company Fermentas established its subsidiary in China. more »

Foreign trade of Lithuania in January– August 2009

Statistics Lithuania reports that, based on non-final data obtained from customs declarations and Intrastat reporting data, exports in January–August 2009 totalled LTL 25.6 billion, while imports – LTL 28.9 billion. more »

AB „Finasta Holding“ will control „Finasta“ group and other companies of bank SNORAS group, engaging in financial investment activity

On 6 October 2009 AB Bank SNORAS Board decided to reform the Private Limited Company UAB “SNORO investicijų valdymas” into the Public Limited Company AB „Finasta Holding“, which will control recently obtained „Finasta“ group companies and other Bank SNORAS group companies, engaging in investment management. more »

Bust airlines - MEPs back compensation for grounded passengers

If your airline goes bankrupt and leaves you stranded what are your legal rights? Members of the Parliament's Transport Committee want grounded passengers to have access to a special compensation fund. more »

Crisis lessons

Euro report says currency provided protection from interest and exchange rate turbulence. more »

Prices for industrial production in September 2009 dropped by 1.6 per cent

Statistics Lithuania informs that in September 2009, against August, prices for total industrial production sold dropped by 1.6 per cent. more »

IFIs pledge continued drive to support Central and Eastern Europe through recovery

The European Bank for Development and Reconstruction (EBRD), the European Investment Bank (EIB) Group, and the World Bank Group* on Monday warned against complacency in the face of significant challenges that stand in the way of economic recovery in Central and Eastern Europe. more »

DnB NORD Bank to approve new note issue programme

The leader of the country’s investment products’ market – AB DnB NORD Bankas – intends to issue up to EUR 300 million nominal value corporate notes in local and foreign markets over the next 12 months. more »