3 ms·
Why didn't the UK use its veto to prevent the "shackles of EU banking and financial regulation" from ever being implemented?
by aembleton 5y ago
Why didn't the UK use its veto to prevent the "shackles of EU banking and financial regulation" from ever being implemented?
- cletus 5y agoTo get something else they wanted. Veto power doesn't mean you can simply veto anything you don't like. Well, you can but then everybody else does the same thing and the net result is nothing. So in reality, you just give up something you want for something you want more. You compromise. But now the UK isn't shackled by having to make concessions to 25+ other countries that can veto their agenda.
- pas 5y agoThey didn't even have to use veto, they had the ability to opt out of most regulations and directives.