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The signing of the EU constitution - now to be replaced by the Lisbon Treaty (Photo: Portuguese EU presidency 2007)

EU agrees new 'Lisbon Treaty'

The European Union has overnight agreed the precise text of its new 'Lisbon Treaty' to be formally signed off on 13 December in the Portuguese capital.

At around 02:00 local time on Friday morning - following shorter-than-usual discussions - Portuguese prime minister Jose Socrates announced that a deal has been struck, describing it as "victory for Europe".

"With this agreement we have managed to get out of stalemate...we will be ready to tackle the world's challenges", Mr Socra...

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The signing of the EU constitution - now to be replaced by the Lisbon Treaty (Photo: Portuguese EU presidency 2007)

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