Dragged along by Sarko, waiting for Obama

15 December 2008

An “historic” European Council – in the words of French President Nicolas Sarkozy – ended on December 12 with unanimous agreement on the three main issues on the agenda: the Lisbon Treaty, the economic stimulus package and the ‘energy/climate’ legislative package. This EPC analysis warns that a combination of postponements, concessions, derogations and remaining unknowns make these “historic” agreements somewhat precarious and liable to further adjustment. But it concludes that, overall, France’s term at the EU’s helm has been a remarkable success.