Thursday, March 26, 2009
Louis Michel can't believe his luck
Belgian Daily De Standaard has picked up our research which states that Belgian EU Commissioner Louis Michel is to take home about 1.1 million euros in pension payments and so-called 'transitional' and 'resettlement' allowances after he leaves office.
Louis Michel, the second Commissioner to react to the research, said he couldn't believe it and "if that's true, I'll retire immediately".
However, the article goes on:
After consulting an assisstant, the message seems to be accurate. This was followed by Louis Michel suddenly changing his mind, saying the compensation is completely justified. “We are being well paid, that is. But every morning getting up at 5 o' clock, lots of travelling, heavy files… This is a parachute, but not a golden one”.
We can only add that Louis Michel is European Commissioner for "Development and Humanitarian Aid". Improve the world, start with yourself...