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New Lisbon divisions mar EU talks New Lisbon divisions mar EU talks
(about 1 hour later)
EU leaders have postponed further discussion of the troubled Lisbon Treaty amid a new rift over guarantees for the Republic of Ireland.EU leaders have postponed further discussion of the troubled Lisbon Treaty amid a new rift over guarantees for the Republic of Ireland.
Irish PM Brian Cowen wants not only a legally binding EU political "decision", but also a protocol attached to the EU's founding treaty.Irish PM Brian Cowen wants not only a legally binding EU political "decision", but also a protocol attached to the EU's founding treaty.
"This is necessary if I am to call, and win, a second referendum," he said in a letter to UK leader Gordon Brown."This is necessary if I am to call, and win, a second referendum," he said in a letter to UK leader Gordon Brown.
Some EU countries fear reopening the debate may encourage treaty opponents.Some EU countries fear reopening the debate may encourage treaty opponents.
The Lisbon Treaty is a complex set of institutional changes aimed at making the enlarged EU more efficient. It replaced the EU constitution, rejected by French and Dutch voters in 2005.The Lisbon Treaty is a complex set of institutional changes aimed at making the enlarged EU more efficient. It replaced the EU constitution, rejected by French and Dutch voters in 2005.
Supporters want to avoid any new round of referendums on it, after years of negotiations.Supporters want to avoid any new round of referendums on it, after years of negotiations.
Opponents see the treaty as part of a federalist agenda aimed at weakening national sovereignty.Opponents see the treaty as part of a federalist agenda aimed at weakening national sovereignty.
The EU leaders, meeting in Brussels, are also discussing tightening financial rules and a proposal to nominate Jose Manuel Barroso for a second term as president of the European Commission. The EU leaders, meeting in Brussels, are also discussing tightening financial rules.
A proposal to nominate Jose Manuel Barroso for a second term as president of the European Commission was unanimously endorsed by all 27 EU leaders, diplomats said ahead of an official announcement.
Treaty wranglingTreaty wrangling
The Lisbon Treaty has been ratified in most EU countries and the second Irish referendum - expected to be in October - is the biggest remaining hurdle.The Lisbon Treaty has been ratified in most EU countries and the second Irish referendum - expected to be in October - is the biggest remaining hurdle.
The Irish government says fears that the EU might be able to override Irish policies on military neutrality, tax and abortion were among factors prompting voters to reject the treaty in a referendum last year.The Irish government says fears that the EU might be able to override Irish policies on military neutrality, tax and abortion were among factors prompting voters to reject the treaty in a referendum last year.
The EU guarantees - still under discussion - are designed to allay such fears.The EU guarantees - still under discussion - are designed to allay such fears.
The Lisbon Treaty does not affect or prejudice Ireland's traditional policy of military neutrality Irish treaty guarantees in brief Q&A: The Lisbon Treaty EU summit: Main issuesThe Lisbon Treaty does not affect or prejudice Ireland's traditional policy of military neutrality Irish treaty guarantees in brief Q&A: The Lisbon Treaty EU summit: Main issues
Even though it has passed their parliaments, the Eurosceptic Czech and Polish presidents have refused to sign the treaty unless it passes the Irish referendum.Even though it has passed their parliaments, the Eurosceptic Czech and Polish presidents have refused to sign the treaty unless it passes the Irish referendum.
But the British Conservatives' pledge to hold a referendum, if elected, means pro-treaty governments now face a race against time, says the BBC's Laurence Peter in Brussels.But the British Conservatives' pledge to hold a referendum, if elected, means pro-treaty governments now face a race against time, says the BBC's Laurence Peter in Brussels.
Sweden, which takes over the EU's rotating presidency next month, does not want any further delays over Lisbon. Referring to the Irish guarantees, Swedish Prime Minister Fredrik Reinfeldt said: "I just want to make sure it solves their problem without creating problems for anyone else."Sweden, which takes over the EU's rotating presidency next month, does not want any further delays over Lisbon. Referring to the Irish guarantees, Swedish Prime Minister Fredrik Reinfeldt said: "I just want to make sure it solves their problem without creating problems for anyone else."
Financial watchdogFinancial watchdog
EU officials say there is a deal in principle on a new EU-wide system of financial supervision, with even Mr Brown accepting the need for harmonised rules.EU officials say there is a deal in principle on a new EU-wide system of financial supervision, with even Mr Brown accepting the need for harmonised rules.
But the UK does not want the European Central Bank to have the key supervisory role in a new European Systemic Risk Board, which will look out for any threats to financial stability across the EU.But the UK does not want the European Central Bank to have the key supervisory role in a new European Systemic Risk Board, which will look out for any threats to financial stability across the EU.
European farmers have descended on Brussels demanding fair pricesEuropean farmers have descended on Brussels demanding fair prices
There are also concerns that new European regulators would be able to overrule a national government, for example by instructing it to bail out a particular firm.There are also concerns that new European regulators would be able to overrule a national government, for example by instructing it to bail out a particular firm.
The delegations are now working to establish the new supervisors' competencies, before the fine details are worked out by the Commission. Many of the delegations called for Commission proposals on financial regulation before September, the EU officials said.The delegations are now working to establish the new supervisors' competencies, before the fine details are worked out by the Commission. Many of the delegations called for Commission proposals on financial regulation before September, the EU officials said.
The discussions centre on recommendations by an expert panel headed by Jacques de Larosiere, a former IMF managing director.The discussions centre on recommendations by an expert panel headed by Jacques de Larosiere, a former IMF managing director.
The leaders also have the easier task of nominating the conservative Jose Manuel Barroso for a second term as EU Commission president. The leaders had the easier task of nominating the conservative Jose Manuel Barroso for a second term as EU Commission president.
He has no rival - and even has backing from some centre-left leaders. He had no rival - and even had backing from some centre-left leaders.
Sweden's PM Fredrik Reinfeldt said: "This is not the time to make confusions in the EU leadershipÂ… he has broad support. I think it is pretty clear that we should elect him." Sweden's PM Fredrik Reinfeldt said: "This is not the time to make confusions in the EU leadershipÂ… he has broad support."
The summit will also touch on preparations for the UN conference on climate change, coming up in December.The summit will also touch on preparations for the UN conference on climate change, coming up in December.
The Czech Republic, chairing its last summit as EU president, wants the debate to focus on EU support for developing countries, to help them mitigate the effects of climate change.The Czech Republic, chairing its last summit as EU president, wants the debate to focus on EU support for developing countries, to help them mitigate the effects of climate change.