Something is rotten...

How much is corruption now a thing of the past and to what degree is it still an unpleasant fact of life for international companies active in the real estate sector in this part of the world? ‘Eurobuild CEE’ takes a look at the current situation and asks what needs to be done Nathan North, Mladen PetrovCorruption, and the damage it does, manifests itself in a number of ways. Corrupt practices harm society by creating unequal opportunities, in that access is restricted to services that people are entitled to – unless they have the financial resources to pay for them. Corruption undermines faith in government, leading people to become more sceptical about the democratic process and thus less likely to be good citizens. Moreover it hinders economic growth, rendering markets less competitive.Mutual assistanceThere is a strong correlation between corruption and economic development and growth. While in recent years, the&n