Page last updated at 10:46 GMT, Monday, 24 May 2010 11:46 UK

The Record: Europe

22 May edition
Lucy Thomas

What role for coalition in Europe?

Across Europe, politicians have been watching the political drama in the UK and its new coalition government with fascination.

But how will it work at the European Parliament, where Liberal Democrats and Conservative MEPs frequently find themselves voting on different sides?

Shirin Wheeler asks whether Britain's most pro European party will find its new partner an uncomfortable bedfellow?

MEPs debate future of coalition

Joining her in the studio are:

• William Dartmouth, the UK Independence Party MEP

• Fiona Hall who leads the British Liberal Democrat MEPs

• Richard Howitt, Chair of the British Labour MEPs

• Timothy Kirkhope MEP who leads the British Conservatives in the parliament

Tackling hedgefunds

Hedgefunds under scrutiny

Despite fierce lobbying from the City of London, Europe's finance ministers in Brussels agree plans to clamp down on speculation and risk-taking in the hedgefund sector.

MEPs from the Parliament's economic and monetary affairs committee voted through an even tougher line.

Shirin Wheeler spoke to two of them to hear the arguments for and against the new rules:

Syed Kamall, the British Conservative MEP and spokesman for his group on the issue and Robert Goebbels, the Luxemourg Socialist MEP who is drafting the opinion of the European Socialist Party on the matter.

The Record: Europe examines the key moments in the political week in Brussels and Strasbourg and focuses on the work of the European Parliament and European Commission.

It is broadcast on BBC Parliament on Saturdays at 2300 GMT, Sundays at 1700 GMT and Mondays at 1000 GMT, on BBC World on Saturdays and Sundays at 0630 CET and on the BBC News channel on Sundays at 0530 GMT and Mondays at 0330 GMT.

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