EU agreement.

 

EU leaders agreed a new treaty that highlights following points 

• Double majority voting delayed until 2014
• Long-term EU president
• High Representative for foreign affairs
• Fewer national veto powers
• More powers for the European Parliament

 

I believe this agreement would be a great momentum for the institution to move on from the set-back in 2005 when French and Dutch voters rejected EU constitution. The meeting this time seemed extremely difficult from the beginning as the member states did not want to give up anymore of their powers to Brussels. I think this is a great move for the whole Europe.