This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

GRECO Approves Ukraine's Anti-Corruption Progress

KYIV, Ukraine, March 22, 2013 /PRNewswire/ --

The Council of Europe's anti-corruption monitoring body GRECO acknowledged the implementation of a number of anti-corruption recommendations by the eastern European country. The feedback was provided at the 59 th GRECO plenary meeting, where Ukraine presented its anti-corruption progress report. Ukraine reported on the adoption of the new Criminal Procedure Code and a law on ethical conduct. The meeting took place in Strasburg, France, on March 18-22, 2013.

During the session, the Group of States against Corruption ruled that Ukraine had fulfilled recommendations on the development and implementation of anti-corruption strategy and the action plan. Ukraine implemented recommendations to adopt public servants' code of conduct and provide training on professional ethics and prevention and combating corruption for public servants, reported Minister of Justice Oleksandr Lavrynovych. The group also welcomed public participation in the evaluation of the state anti-corruption efforts.

At the GRECO meeting, the Ukrainian government presented anti-corruption measures scheduled for the future - adoption of draft laws regulating confiscation procedure, criminal procedure against legal entities, and better financial control. The drafts were produced following earlier recommendations by GRECO.

Ukraine is expected to present its next anti-corruption progress report to GRECO on December 31, 2013. Recent anti-corruption efforts of the Ukrainian authorities targeted legislative changes and increased efficiency of state apparatus. Namely, in February 2013, the Ukrainian customs service reported 33 percent corruption decrease over the last two years due to implementation of the internal risks monitoring system.

Additionally, in 2014, Ukraine plans to make any public services in Ukraine available online, informed the State Agency for Science, Innovation and Information. Online public services will reduce time spent by clients to obtain a service and help prevent corruption.

Another international anti-corruption initiative - NGO Global Integrity - rated Ukrainian anti-corruption law 100 on the 0-100 scorecard, as reported in November 2012. The international organization highlighted the improvements in Ukrainian legislation in its annual report summarizing 2011 anti-corruption efforts.

Ukraine joined GRECO in 2006, after ratifying the Criminal Law Convention on Corruption. Founded in 1999, the multinational anti-corruption group currently features 47 European states, as well as six observers, including the U.S., Japan, and Canada. In 2007, GRECO produced the first report on Ukraine featuring 25 recommendations.

SOURCE Worldwide News Ukraine

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs