Wednesday, June 20, 2007

European Union to Battle Over New Treaty, Seek to End Years of Gridlock

(Bloomberg) -- European Union leaders will battle
over a new governing treaty today, seeking to make institutions
designed for six countries a half-century ago fit for the modern
bloc of 27.

Objections by Poland to a shift in the decision-making
system and by Britain to an extension of the EU's powers loom as
the biggest obstacles to ending a two-year stalemate at a summit
in Brussels.


Read more at Bloomberg Currencies News

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