BRUSSELS — No one is happy with the current European treaty. Not only “the” Brits or “the” Euroskeptics, but also pro-Europeans are fed up with the institutional deadlock. Over the years, different treaty changes always have been an exercise in variable geometry which elicited the following metaphor from The Economist ten years ago: “The European Union is a lake that has many deep parts (areas in which countries are similar) and many shallow parts (areas in which countries have major differences).” Today we can all agree that the lake has turned into a toxic mud pool.
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