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Corruption across EU 'breathtaking' - EU Commission

The extent of corruption in Europe is "breathtaking" and it costs the EU economy at least 120bn euros annually, the European Commission says. EU Home Affairs Commissioner, Cecilia Malmstroem has presented a full report on the problem, this according to the BBC. She said the true cost of corruption was "probably much higher" than 120bn. Three-quarters of Europeans surveyed for the Commission study, said that corruption was widespread, and more than half said the level had increased.