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Sharon Bowles MEP |
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Sharon Bowles MEP |
Commenting on the re-election of Sharon Bowles, Liberal Democrat MEP for the South East of England, as Chair of the European Parliament's influential Economic and Monetary Affairs Committee today, Liberal Democrat Leader and Deputy Prime Minister, Nick Clegg, said:
"Sharon is one of the most influential thinkers and legislators in Europe on financial services and the Eurozone crisis. Her re-election is good news for Europe and the UK.
"As party leader, I am proud that we have a leading Liberal Democrat in such a prominent and powerful position on the international scene. As UK Deputy Prime Minister, I am delighted and relieved to know that the EU financial services brief is in such expert hands.
"In the wake of the financial crisis, it is absolutely right that we undertake a complete overhaul of the rule book governing global finance and banking at the European, national and international level.
"Ministers and industry figures must now redouble our efforts to re-engage across Europe, pro-actively work with our partners to shape EU legislation that builds a more responsible, safe and successful banking sector, and deploy our financial expertise to help resolve the ongoing Eurozone crisis.
"I look forward to working with Sharon over the coming months in addressing these overwhelmingly important issues for the UK and Europe as a whole."
ENDS
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