MEPs hold to ransom commission pensions

The European Parliament has voted to hold to ransom some of the money paid out to ex-commissioners until the European Commission revamps its code of conduct to tighten up rules on cases of revolving doors, where retiring commissioners and officials have gone on to well-paid jobs in the private sector in areas close to the dossiers they oversaw when working for the Brussels machine.

Via an amendment tacked on to a motion giving consent to the EU's 2011 budget, the parliament overwhelming...