EU still needs more transparency

On the European Parliament website, President Martin Schulz has declared the monthly income range of his four jobs, starting from his early career as a bookseller in Germany to his position as European Parliament head, which helped him earn about 5,000 ($6,342) to 10,000 euros per month.

After keeping his post in the May election, he was obliged to report in detail about his income sources and property and post it online, although he made public nothing more.

All of the newly-elected 800-odd members of Parliament have followed Schulz's example, with some reporting in a very detailed way and even including the economy-class travel they were paid by sponsors to attend meetings. However, many have just reported roughly how much they earn.