EU Budget: Beware the European Parliament’s veto power
James Forsyth seems as happy as any Tory today, cheered by David Cameron’s prowess in the EU Budget negotiations. Even better for Cameron, he says, is the idea that the European Parliament might veto the deal in a secret vote: this is ‘absurd,’ just a rumour. Even if it does happen, it will only point up how spendthrift the EU really is. All good for Cameron. Except from where I’m sitting in the European Council press room, it doesn’t look at all absurd that the parliament might veto Cameron’s ‘victory’ budget deal. Martin Schulz, the unpleasant German socialist president of the European Parliament, is looking for a fight on this.
