3/12/2013: Corruption Perceptions Index 2013: Ireland

Transparency International has published its annual Corruption Perceptions Index 2013.

Ireland rank in the global corruption table moved from 25th in 2012 to 21st in 2013. An improvement. However, historically, this year's ranking represents the third poorest ranking in any year since 1998.

Two charts to illustrate:

In Western Europe, Ireland scores respectable 12th, and we score 6th in the euro area. Only nine states of the euro area score in top 30 countries in 2013, eleven in top 40 and fifteen in top 50.

31/3/2013: Are European Brahmins Cypriot crisis-free?

In an Orwelian Universe that is the EU, the rules are different for different castes... the Brahmins are, obviously, the top of the pile. Not surprisingly, amidst deposits outflows from Cyprus immediately prior to the EU sanctioned expropriations, there are strands of Cypriot Brahmins rushing out of their banks. Here's the report by Rossija 24 - Russian news agency on the topic:

 via a tweet:

Let's translate verbatim the above:

"Greek press has found compromising material on Cypriot President. According to the Greek media sources, few days before the Eurogroup decision to bail-in deposits, relatives of President Nicos Anastasiades took emergency steps to save their funds. The issue concerns the amount of EUR21 million in funds. A company, which belongs to the relatives of the President, transfered these funds from Laiki bank to London, as reported by the Rossija 24 TV channel. The Laiki Bank is currently undergoing restructuring, and haircuts on clients' funds can reach up to 80 percent."

We should note, of course, that this is just one report, albeit here is a Cypriot press report from just 30 minutes ago covering the same: http://www.incyprus.com.cy/en-gb/Top-Stories-News/4342/33996/money-movements-questioned and Greek reports: http://www.imerisia.gr/article.asp?catid=26517&subid=2&pubid=113018547 and http://www.nooz.gr/economy/suggeneis-anastasiadi-evgalan-kata8eseis-apo-ti-laiki31313 and http://www.zougla.gr/kosmos/article/ligo-prin-to-eurogroup-melos-tis-ikogenias-tou-anstasiadi-figadefse-xrimata .