Hungarian corruption is far above the world average
According to the assessment of PricewaterhouseCoopers (PwC); The most common type of abuse is corruption in the Hungarian business life. Its 81 percent incidence rate is much higher than in Central Europe and is high above the world average.
Fekete Miklós, PwC's expert emphasized on the company's press conference in Budapest, that the 30 percent of the Hungarian companies, became victims of economic crimes over the past 12 months, with resulting financial losses and an average of 18 million HUF.
The most common form is bribery and corruption, followed by theft and misappropriation with 48 percent, while the falsification data is 31 percent – reports Origo.
Related news
Related news
KSH: in April, retail turnover exceeded the same period of the previous year by 5.0 percent and the previous month by 2.0 percent
In April 2025, the volume of retail trade turnover increased…
Read more >FAO food price index fell in May
The benchmark global food price index fell in May from…
Read more >Eurozone retail sales rise in April
Retail sales in the eurozone and the European Union increased…
Read more >