Convention President Valéry Giscard d'Estaing and his inner team worked into the early hours of Friday morning to come up with a text on institutions that they hope will save the beleaguered debate on Europe's constitution.
A source close to the 12-strong presidium told the EUobserver that for the first time it allows the "whole picture to be seen" and had a real chance of being "just about acceptable to all".
The new text on division of power between the EU institutions proposes ...
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