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Eurovision vs. The Champions League

The Europeans | European news, politics and culture

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The European Parliament's Decision to Bail Out the Top Up Pension Fund

The top up pension fund was set up as a private company in Luxembourg in 1991. In 2003, the Parliament's Budget Committee voted on a resolution saying that taxpayers should not be responsible for any potential deficit. At least three MEPs sitting in the Bureau who are still beneficiaries of the fund have declared conflicts of interest. The European Parliament will now decide what to do with the funds.

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