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Europe Sets a New Course: EU Leaders Agree on Landmark Treaty
European Union leaders meeting in the Portugese capital Lisbon have agreed on a landmark treaty to reform the 27-nation bloc. Diplomats announced the agreement in the early hours of Friday morning. The deal was reached shortly after midnight after leaders overcame objections from Italy and Poland.
"With this new treaty, Europe has overcome an impasse that lasted for several years ... and gets ready to face the challenges of the future," Portuguese Prime Minister Jose Socrates, the host of the two-day summit, said at a news conference.Under the new treaty, a new longer-term president of the European Council will be created, as will an EU foreign policy chief.
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