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Anti-corruption Measures: The Panacea to a Financial Cliff

  • Maria Krambia-Kapardis
  • Nestor Courakis
Chapter
Part of the International Library of Ethics, Law, and the New Medicine book series (LIME, volume 68)

Abstract

Cyprus and Greece, both members of the EU and the Eurozone, are currently in the throes of a devastating financial crisis. Public opinion surveys carried out in Cyprus (2010, 2011, 2012), Greece (2012, 2013) and the 2014 Eurobarometer identify the perceptions of and reasons for corruption, the category profile of the offender and likely measures considered to be effective by the public and the EU Commission. Following the survey findings and a review of the legislation in both countries to identify loopholes in the system, a number of suggestions are made in an effort to rebuild trust in the ‘archon’ and set the ‘tone at the top’. The policy implications of the suggested measures aim to improve the two countries’ image so as to attract foreign investment which will lead to economic growth and the IMF and the European Central Bank will consider the financial cliff the countries are facing from a positive angle.

Keywords

Civil Servant Criminal Code Corruption Perception Index Electoral Accountability Disciplinary Committee 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer International Publishing Switzerland 2016

Authors and Affiliations

  1. 1.Cyprus University of TechnologyLimassolCyprus
  2. 2.Faculty of LawUniversity of AthensAthensGreece

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