With the Lisbon Treaty in force and the institutional innovations gradually being implemented, this joint study by EPC, CEPS, and EGMONT, (which follows one issued in 2007 while the Treaty was still a chimera), makes a preliminary assessment of how it is likely to work in practice. Some trends are already apparent, say the authors: the balance between the institutions has changed, with a more complex set-up and ‘joint management’ everywhere. But the most significant conclusion is that the Treaty’s success – or failure – will in the end be determined in and by national capitals.
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