22 Oct 2007

Two for the price of one?

Stefano Micossi / Daniel Gros

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The new ‘Lisbon Treaty’ agreed at the European Council meeting on 18-19 October 2007, preserves most of the substance of the failed Constitution; it will serve the EU well. As usual, however, Europe has taken a step forward by creating a new disequilibrium; new Treaty revisions are likely to be proposed even before all the provisions of this present one have been implemented.