McCreevy to join Ryanair

FORMER finance minister and European Commissioner Charlie McCreevy has been cleared by the EU to join the board of Ryanair.

The 61-year-old accountant joins Europe’s biggest low-cost airline as a paid non-executive director, a post for which other directors last year received up to €47,000.

Mr McCreevy, known for his outspoken and direct manner, retired from the Commission in February with a transition allowance of 55% of his salary, approximately €20,280 a month, which he is entitled to for three years.