April 26, 2024. Posted by Periscope - Hellas
Greece and Cyprus have not fully complied with EU rules on how to combat fraud, the EU Commission said on Wednesday.
The
commission said in a statement that it decided to send a reasoned opinion to
Greece and the Cyprus for failing to correctly transpose into their national
legislation on fighting fraud and protecting the union's budget by means of
criminal law.
Noting that
the commission had sent formal notices to Greece in December 2021 and to the Cyprus
in February 2022, it said:
"After
analysing their replies, the Commission considered that Greece has failed to
correctly transpose the provisions of the Directive which provide a definition
of 'passive corruption' and of 'public official'."
The
commission also concluded that the Cyprus had not fully defined the liability
of companies or set clear rules for prosecuting money laundering.
Agencies
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