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European Union Bill

My Lords, it is a sad fact that this legislation is needed because successive Governments have let down the people of this country in failing to protect our national interests—particularly the last Government. A sensible balance has been achieved in this Bill. There are as many items that do not require referenda as those that do require referenda. A reasonable, practical and sensible balance has been achieved. This amendment is about waiving the referendum in cases of urgency and national interest. I am not quite sure what that means, but it occurs to me that we are right now living at a time when several European countries are in dire financial straits, largely as a result of being uncompetitive, having adopted the common currency. I can just see a financial crisis coming up in due course in Europe and the classic argument being put that, in the interests of urgency and in protecting us from some of the contagion, there is an urgent need for the introduction of far greater collective decisions on matters fiscal and economic. This would be the ultimate objective of achieving a European state with fiscal and economic powers. Should this, as has been suggested, slip by under one of the three different new powers that we have for introducing measures without referenda if it qualifies as being in the national interest out of urgency? No, the Bill has struck a sensible balance, as I have said, and putting up a whole list of new potential excuses that should remove the need for referenda is merely ducking the issue and trying to weaken the impact of the Bill.