It seems we are still in the post election honeymoon period, with right and left wing newspapers desperate for ructions in the corridors of power at
But perhaps they are barking up the wrong tree. A more fractious relationship is likely to be found in
The Eurozone financial crisis is already causing ructions between Europhiles and Europhobes and rich and the poor member states, and could also see a face off between the Tories and the Lib Dems.
The Greek bail out saw the invocation of Article 122 of the Lisbon Treaty, which cites natural disasters and exceptional circumstances as justifications for bailing out an ailing member state. Greek fiscal flippancy rather stretches the interpretation and application of this legislation, and would likely require a switch from unanimous to qualified majority voting over future bail-outs. This would amount to a stitch up for countries without the Euro, outnumbered by Eurozone states 16 to 11. The question is whether this would demand re-ratification of the constitutional treaty, something the Commission would hope to waiver at all costs, and the event of which would place the pen firmly in the hand of William Hague. It would bring the main bone of contention for the
But it’s not just the single currency that drags a country’s politics down into a common quagmire of Uber-governance. The £470billion in taxpayer-funded loans or guarantees is yet to quell the financial haemorrhaging of certain Eurozone countries and is having a knock on effect on
On top of this
However, there is also some more positive news emanating from
And on the same note another success came in the news that proposals I fought on removing legislation allowing independent car repairers access to technical information have been scrapped. This means car manufacturers cannot use warranties to bind you to dealerships. Small independent garages must by law have access to all the data and parts they need to repair your vehicle. Without this important exemption in competition regulation for the motor industry, you would find yourself bound to taking your car to costly dealerships for repair where manufacturers could charge whatever they want for maintaining your vehicle.