Transparency and accountability are pivotal to building and sustaining public trust in modern institutions. Whistleblower protection “goes to the heart of transparency reform” (Brown et al 2013) and detect wrongdoings.
According to the latest estimates, corruption costs the European Community - € 990,000,000,000 per year. If the whistle blowers would only report 15%, the EU's annual budget would double to 155,000,000,000. The loss of potential benefits just in EU public procurement, due to lack of protection, is between €5.8 to €9.6 billion each year (European Parliament).