Corruption Shaves 5% Off Austria's Economy, Greens Say
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Corruption shaved about 5 percent, or 17 billion euros ($22 billion), from Austria’s economy in 2012, according to a study by the opposition Green Party.
The party published today a 398-page review of documents and testimony collected last year by a parliamentary corruption panel that investigated abuses among Austrian businesses and politicians. The country slid nine levels to No. 25 in the latest Transparency International corruption-perceptions index released last month.