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Εγχειρίδιο χειρισμού κρίσεων λόγω πολιτικών ΔΝΤ από τη CIA! / Already confirmed: Civil liberties under attack! / Greece's creditors gone completely insane! / How the global financial mafia sucked Greece's blood / ECB's economic hitmen / Η Μέρκελ επιβεβαιώνει τα σχέδια των γραφειοφασιστών! /Greece: the low-noise collapse of an entire country/ How the neoliberal establishment tricked the masses again, this time in France / Ενώ η Γερμανία προετοιμάζεται για τα χειρότερα, η Ελλάδα επιμένει στο ευρώ! / Ένας παγκόσμιος "proxy" πόλεμος κατά της ελευθερίας έχει ξεκινήσει! / In reality, McCarthyism never ended in America / Ο επικεφαλής του "σκιώδους συμβουλίου" της ΕΚΤ επιβεβαιώνει ότι η ευρωζώνη είναι μια χρηματοπιστωτική δικτατορία! /With a rising Jeremy Corbyn and a declining Angela Merkel, Brexit has been upgraded to play a much more critical role / Δημοψήφισμα για Grexit: η τελευταία ευκαιρία να σωθεί η Ελλάδα και η τιμή της Αριστεράς / Populism as the new cliche of the elites to stigmatize anyone not aligned with the establishment / Δεν γίνεται έτσι "σύντροφοι" ... / Panama Papers: When mainstream information wears the anti-establishment mask / The Secret Bank Bailout / The head of the ECB “shadow council” confirms that eurozone is a financial dictatorship! / A documentary by Paul Mason about the financial coup in Greece / The ruthless neo-colonialists of 21st century / First cracks to the establishment by the American people / Clinton emails - The race of the Western neo-colonialist vultures over the Libyan corpse / Επιχείρηση Panama Papers: Το κατεστημένο θέλει το μονοπώλιο και στις διαρροές; / Operation "looting of Greece" reaches final stage / Varoufakis describes how Merkel sacrificed Greece to save the Franco-German banks / France officialy enters the neo-Feudal era! / The US establishment just gave its greatest performance so far ... / A significant revelation by WikiLeaks that the media almost ignored / It's official: the US is funding Middle-East jihadists! / Οι αδίστακτοι νεο-αποικιοκράτες του 21ου αιώνα / How to handle political unrest caused by IMF policies! / Πώς το νεοφιλελεύθερο κατεστημένο ξεγέλασε τις μάζες, αυτή τη φορά στη Γαλλία / Οι Γάλλοι νεοαποικιοκράτες επιστρέφουν στην Ελλάδα υπό 'ιδανικές' συνθήκες

05 November, 2016

EU Commissioners get massive ‘cool-off’ annual payments two years after office

Zero ethics in the lobby-occupied, corrupted EU empire

16 former EU Commissioners still receive sizeable annual allowances meant to prevent them from going into well-paid corporate jobs despite having left office two years ago, German media reports. All of them are now top executives in industry or at lobbying firms.

The 16 former members of the European Commission led by Jose Manuel Barroso until 2014 still get so-called “transition payments” of up to €99,996 ($110,000) per annum, according to Die Zeit newspaper which managed to obtain a list with the officials’ names from Brussels.

Transition payments’ are meant to prevent outgoing top-tier EU officials from changing into corporate jobs offering generous compensations as well as switching sides immediately after leaving office. The scheme allows them “to cool off,” as it is called in Brussels, the newspaper said.

[...]

The measure – or the amount of payments as such – did not seem to be working as most of the officials in question took high-profile executive jobs despite reimbursements from Brussels.

De Gucht is currently on the supervisory boards of steel giant ArcelorMittal and telecommunication company Proximus, while Hedegaard is a member of the supervisory board at energy company Danfoss, along with Ferdinando Nelli Feroci, who served as stand-in Commissioner for about four months in 2014, according to Politico which has also accessed the list.

The revelation comes just days after an ethics panel has cleared the former European Commission President Barroso of violating the EU integrity code for moving to a top position at Goldman Sachs.

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