“Diplomats said the agreed wording – two sentences – would be inserted into the Lisbon Treaty. The treaty change can be approved through a simplified procedure, EU officials say. That means the EU should avoid any repeat of the wrangling and referendums that plagued the treaty negotiations for years.”
Really, the EU and national leaders continue to surpass themselves with each step. The Lisbon Treaty was discussed, argued and hacked about for YEARS and then of course ratified with hardly ANY of the peoples of Europe being directly consulted and those that WERE had to vote AGAIN till they got it right.
Now this complex, controversial and game-changing Treaty can apparently be amended through “a simple procedure” so that HUNDREDS OF BILLIONS of eurozone members’ money can be put on the line to bail out nations which CANNOT live with the euro either because their economies are too different from Germany’s or they have spent like idiots or in most cases both.
You REALLY couldn’t make it up. There is a court case going ahead in Germany challenging the legality of the bailouts ALREADY done. I truly hope that the EU loses and that all those national leaders who connived in illegality according to their OWN statutes in the Lisbon Treaty are locked up for misuse of public funds.