DislikedOn December 8 Merkel and Sarkozy will have reached a 6-point agreement requiring ratification of a new treaty.
However, details will not be finalized until March. At that time, if all goes to plan (and it won't), a vote by all 27 EU nations will take place. If that fails (and hopefully the UK torpedoes it), various aspects of the treaty might still be ratified by (and apply only to) the 17-member Eurozone nations.
However, fiscal rules will still require individual referendums in Ireland and in my opinion Germany. Got that?
http://globaleconomicanalysis.blogsp...finalized.html...Ignored
clear as Mud brother