More than one third of employees at large European companies are prepared to offer cash or lavish gifts and entertainment to win business as the economic downturn prompts firms to cut corners to stay ahead.
In its 2011 European fraud survey, consultants Ernst & Young said on Wednesday that Greek and Russian staff were most likely to offer cash bribes, with Greece also topping the chart for the most likely to offer personal gifts.
Read more: Corruption – Bribery Rife Across Europe’s Top Companies: Survey — Reuters
