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. 

Tags: Chris Huhne, Coalition, David Cameron, Economy, Europe, European Union, Liberal Democrats, Nick Clegg, UK politics