Like the hon. Member for North East Somerset (Jacob Rees-Mogg), I rise with unexpected and particular joy, because I think this is the first time the Whips have asked me to make a speech about Europe. This is not a usual occurrence, and I doubt they will be pleased with what I have to say.
Like the hon. Member for Cheltenham (Martin Horwood) and others, one cannot but wish Croatia well. It has had a terrible and bloody history within living memory, and I certainly wish it well in its progress towards democracy.
I want to make two main points. The first is about the relationship of this country and this Government with Europe and what Croatia’s accession means in the light of that policy, and the second is about the details of its accession. In relationship to the European Union as a whole, the Government have shown themselves in this debate to be quite schizophrenic. My hon. Friend the Member for Caerphilly (Wayne David) and the Minister for Europe—I thank him for his courtesy on Second Reading and in Committee, and for answering the questions I asked—offered an analysis of the European Union
that might have been appropriate in 1972 and 1975, and even in the early 1990s, after the collapse of the iron curtain. That European Union was described as a free market of sovereign democratic countries coming together under the full freedoms of a European Union in which democracy had been pooled. I have to say to my hon. Friend the Member for Caerphilly, however, that the concept of pooled democracy is, in philosophy, a category mistake. If we pool sovereignty, we lose sovereignty. The concept of pooling is not consistent with the concept of sovereignty.
The view exists that the European Union is progressing and supporting democracy in areas that were at war or previously had no democracy, and that free trade will take care of everything else, but we can see what is actually happening in Europe. We hear the Prime Minister telling us that he is going to fight until his last breath, almost, over the European budget. We hear that the European bureaucrats and some of the European countries are living in a parallel universe. We can see that the creation of the euro has led to deflation, unemployment and a lack of democracy in the eurozone, and we can see the Brussels bureaucracy wanting to take more control for itself.
In fact, we can see a European Union in crisis, and it is difficult for this country to know exactly how to respond to that issue. I believe that, rather than accepting the Panglossian view that all is well within the EU, it is time to be seriously awkward. Perhaps the Bill presents one of many opportunities for us to be that. The European Union is going in a very different direction from the one in which the Prime Minister, the Minister for Europe and those on my Front Bench want. We want to bring more powers back to the House of Commons and to the Government. We want to see more of a free trade association and less power going to the European bureaucracy. We certainly do not want a fiscal union, a banking union, or the much closer integration that seems likely within the eurozone. That would present a serious threat to the City of London, which, depending on the state of the economy, can account for about 15% of our economy. If we do not want those things to happen, we need to state clearly where we want to go. I do not believe that we want to go—