Hungarian corruption is far above the world average

By: trademagazin Date: 2009. 11. 27. 00:02

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.

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