Treaty of Lisbon (No. 7)

As we end the process of diplomatic musical chairs and travelling around the 27 European capitals, the expectation is that rationalisation will bring an end to what I think was an indefensible process and lead to some savings. As to how it is then funded, it would no longer be the responsibility of the rotating presidency to pick up that bill, but of Europe as a whole. Still on the first group of reforms, the treaty reduces the size of the European Commission with the aim of ensuring that it can work more effectively as the EU enlarges.