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Charlie McCreevy: his bank job was the first-ever time the code was enforced (Photo: ec.europa.eu)

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...

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Charlie McCreevy: his bank job was the first-ever time the code was enforced (Photo: ec.europa.eu)

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