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Intergovernmental Conference

Again, I pay tribute to the work of my right hon. Friend as a former Minister for Europe. He is correct that the treaty transfers—[Interruption.] My right hon. Friend is right. The treaty transfers much less power than the Single European Act or the treaty of Maastricht. Of course, all the Opposition Members who were in government at the time voted against a referendum on Maastricht, which was much more significant in its transfer of powers. It seems to many objective observers that the Conservative party of today is captured by a rabid anti-Euro fanaticism that is fantastic in its proportion and out of touch with reality.