Ticker
Lead MEP on economics committee to head banking lobby
By EUobserver
Irish MEP Brian Hayes, vice-chair of the parliament's economic and monetary affairs committee, announced on Tuesday he will leave politics to become CEO of the Banking & Payments Federation Ireland, a lobby group. Green MEP Sven Giegold complimented Hayes, of the centre-right European People's Party, for his transparency on the move - but criticised the decision itself as an example of the 'revolving door' syndrome.