Chris Huhne attacked David Cameron
"http://www.guardian.co.uk/politics/2011/dec/13/cameron-challenged-cabinet-eu-veto">for the EU veto in Cabinet back in December. At the time, one Cabinet minister told me that part of
Huhne’s critique was that Cameron had scuppered the chances of a Liberal Democrat MEP, Sharon Bowles, being reelected as chair of the European Parliament’s Economic and Monetary Affairs
Committee, which deals with financial services.
But Bowles has been reelected. In a Lib Dem press release welcoming this, Nick Clegg declares that:
‘As party leader, I am proud that we have a leading Liberal Democrat in such a prominent and powerful position on the international scene. As UK Deputy Prime Minister, I am delighted
and relieved to know that the EU financial services brief is in such expert hands.’
Bowles’s victory is a reminder of how many of the doomsters predictions about what would happen to Britain after the veto have not turned out to be true. The sky has not fallen
in.


