EU raises concern over financing of political parties in Hungary.

By bne IntelliNews February 4, 2014

The financing of political parties in Hungary is seen as a main source of corruption practices in Hungary, the European Commission said in its anti-corruption report, which provides an analysis of corruption within the EU’s member states and of the steps taken to prevent and fight it.

Hungarian authorities also need to strengthen control mechanisms surrounding public procurement procedures and conflicts of interest among public officials. More efforts are required in order to improve accountability standards for elected and appointed officials and to deal with risks concerning favouritism in public administration. The EU also called for progressively elimination of the practice of gratitude payments in the healthcare sector in Hungary.

The commission acknowledged the introduction of a number of tools to increase integrity and transparency in public administration as well as the development of ambitious anti-corruption policies.

According to an opinion poll, presented alongside the anti-corruption report, 89% of Hungarian citizens agree that corruption is widespread in the country and 13% of Hungarians say that they have been asked or expected to pay a bribe in the past year.

Hungary dropped one place to rank 47th out of 177 countries in the 2013 global corruption ranking of Transparency International. In regional comparison, the country lagged behind Estonia (28 rank), Poland (38 rank), Slovenia (43 rank) and Lithuania (43 rank) but outperformed Latvia (49 rank), Czech Republic (57 rank) and Slovakia (61 rank).

Related Articles

Hungarian PM announces generous family support scheme in big election drive

Prime Minister Viktor Orban has outlined ambitious new family policies at the Budapest Demography Forum to challenge Hungary's falling demographics.The government's aim is to increase the number of ... more

EU to fund feasibility study on Slovakia’s proposed Eastring gas link to Balkans

The EU has agreed to help fund a feasibility study on the Eastring pipeline project, which would link Slovakia to the Balkan markets, Slovak transmission system operator Eustream announced on May 26. ... more

Waberer’s finally set to deliver an IPO on Hungarian bourse

Hungarian trucking company Waberer’s International is preparing for an IPO on the Budapest Stock Exchange in July, according to media claims. If accurate, the reports will be hugely welcome in ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss