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Cameron to hand more regulatory powers to Europe
by Michelle McGagh on Jun 30, 2010 at 08:40
Prime minister David Cameron is planning to hand regulatory power to Brussels despite previously opposing greater European Commission intervention.
Both France and Germany have called for the European Commission to have power to scrutinise national budgets and the creation of a team of Europe-wide supervisors that could overrule the UK regulator.
Cameron has always opposed the plan and ruled it out in the coalition agreement but one source told The Daily Telegraph that he may now back down ‘in the interests of pragmatism’.
An official in Belgium, which takes over the EU’s six month presidency on 1 July, told the paper that Cameron would back down now the election was out of the way.
‘We will wait until some weeks after the elections. It is sometimes easier to discuss after elections,’ they said.
The Conservatives told the paper that the Belgian claim was an exercise of ‘viewing the world through their own eyes’.
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3 comments so far. Why not have your say?
Dave Greenhill
Jun 30, 2010 at 10:52
It's bad enough having most decisions made for us from somewhere south east of Watford gap.
But Europe is quite a different matter.
Who supervises the "Europe-wide supervisors"? And just who are they in the first place? Who appoints them? Exactly what power do they have over the UK? Do they have any political influences or bias?
Personally (and it's only my opinion) I don't trust them.
We can apparently make a mess of our own economy without any so-called help from the European Commission!
And as far as commenting further, we don't have sufficient information from the above article to do so in any useful fashion - other than that I would not want to cede any autonomy any further than necessary. It's bad enough with the FSA, so what price the FSA (Europe)?
report thisJulian Stevens
Jun 30, 2010 at 11:21
If this move reduces and possibly eradicates altogether the pernicious lunacies coming out of Canary Wharf by ever larger boatloads every week, then so much the better.
report thisPeter Whibley
Jun 30, 2010 at 17:01
Sorry Julian but giving Europe more control is utter madness. Germany has failed twice to control us through violent means. Now they are succeeding via this gravy train called "European Parliament". We are quite capable of managing our own affairs and have done so for centuries. We don't need Eurocrats controling our lives, God forbid. We just need a bit of common sense!!!
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