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Categories:Regulation

Bowles: UK looks like a sulky child

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European Parliament economic and monetary affairs committee chair Sharon Bowles has furiously attacked the Government’s approach to last week’s European negotiations.

Last week, 26 EU member states agreed in principle to new fiscal limits on eurozone economies, with the UK the only member to reject the treaty.

Prime Minister David Cameron had demands to exchange for the UK’s backing of the plan, including giving the FSA the last say on UK regulation and an exemption from any future European financial transaction tax.

LibDem MEP Bowles (pictured) says the UK’s approach to the negotiations attempted to unpick earlier agreements and interfere in legislation currently being worked on, making the UK look like a “sulky child”. She says: “It was trying to power grab and renege on agreed legislation. Its demands were a carefully crafted wolf in sheep’s clothing or, as a colleague said, a rat sandwich that misled LibDem leaders in the UK but not us in Europe.”

She accuses the Government of using “inaccurate invocations” of conclusions from meetings of EU finance ministers to make demands unrelated to what was being discussed at the summit.

She says: “Asked to save the euro, Mr Cameron gave in to his eurosceptic party. He has jeopardised UK interests, including those of the City, when there was nothing threatening the UK.”

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Readers' comments (6)

  • So would this woman have signed the Treaty, thereby tying us further into the woes of the Eurozone, with none of the other countries having agreed to grant the UK any concessions whatsoever?

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  • So Sharon sees the european gravy train leaving her behind because for once the Prime Minister has stood up to the delusional French.
    Tough Sharon---get a real job like the rest of us!

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  • I suggest Sharon that you are totally out of touch with reality! Probably because you have spent too much time and lots of UK taxpayers money being somewhere else.
    David Cameron has finally made a stand, lets pray its the first of many, that disengages us from this awful mess in europe, a scheme bound to fail from the very start. The only people it has worked for are those like you Sharon who have probably done very well out of it, for most of us it sadly has not provided a great deal at all!

    Please listen to the people in the UK and don't assume that we don't know anything!

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  • Sharon - please get a proper job as soon as possible. Then again with expressions such as “inaccurate invocations” you may be out of luck.

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  • There were two points of view, two sides to the story, a negotiation.
    Having considered the options available, discovered that there was no movement on the other side, Cameron made a decision.
    Now this might come as a huge shock to Bowles and the rest of the EUSSR but that is how a DEMOCRACY works.
    Just because the final result was 26-1 does not make the "1" wrong. It may mean that the scales have finally fallen from Cameron's eyes, the Emporer is not wearing any clothes, the Euro is going to fail, if not this year, then sometime soon.
    If you do what you've always done - you will get what you've always got.
    What does Bowles want now? For the EU to demand that the Queen appoints Lord Mandelson to run the country in line with EU policy as dictated by the unelected commission headed by the unelected President Von Rompuy?

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  • There were two points of view, two sides to the story, a negotiation.
    Having considered the options available, discovered that there was no movement on the other side, Cameron made a decision.
    Now this might come as a huge shock to Bowles and the rest of the EUSSR but that is how a DEMOCRACY works.
    Just because the final result was 26-1 does not make the "1" wrong. It may mean that the scales have finally fallen from Cameron's eyes, the Emporer is not wearing any clothes, the Euro is going to fail, if not this year, then sometime soon.
    If you do what you've always done - you will get what you've always got.
    What does Bowles want now? For the EU to demand that the Queen appoints Lord Mandelson to run the country in line with EU policy as dictated by the unelected commission headed by the unelected President Von Rompuy?

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