There may be problems in the future, when the interest rates set by the European central bank change. Not all European countries are in sync economically, and any change in rates will be balanced over the eurozone as a whole, meaning what's good for the larger economies in europe will take precedent, ie what's good for Germany, France and possibly Italy. Smaller countries may have to suffer, and their electorate wont like it at all, all this could lead to demands for the re-introduction of old currencies, with the prospect of diplomatic strife in europe.

Thanks markpetans. 

"

3. The most recent positive results include the Roaming Regulation which reduces the cost of

modern communication in Europe, the creation of the European payment area which makes

travelling and living together easier in the EU and the constant improvement of consumer

rights which guarantee citizens the same high standards across the entire European Union"

So for all our billions we get cheaper roaming charges and they put it in the F-ing CONSTITUTION!!!!!!!!

One could argue that America suffers from being too democratic.  The masses -- that is, the electorate -- dictate to the elites, which sounds like a good thing, but it has its downsides:  we still have capital punishment, we have 40 million people without health insurance, we have a lot of religious nuts.  But what is the ultimate downside to the democracy deficit in Europe?  Where is the backlash?  What price will the elites pay for this?  How will Europe as a whole suffer?  I'm not saying there is no downside.  I'm honestly asking for an answer.  It appears at times that the European elites can get away with this ad infinitum, and that in many ways the masses benefit from being led by the nose.  They certainly acquiesce to it.

The draft copy (which has absolutely no binding legality attached to it) can be found here.

We must recollect...what it is we have at stake,what it is we have to contend for.It is for our property,it is for our liberty,it is for our independence,nay for our existence as a nation; it is for our character,it is for our very name as Englishmen; it is for everything dear and valuable to man on this side of the grave.  

William Pitt in the House of Commons, 22 July 1803

Does anyone actually have a copy or is this new version classified?

This is a fantastic quote from the Telegraph "In two regards, the new draft is worse than the old. When the text was a constitution, it at least had a certain finality to it: further alterations would have required a cumbersome amendment process. Now, though, it contains an "escalator clause", allowing Brussels to extend its jurisdiction without needing further treaties. At the same time, the French have taken out the commitment to free competition, rasing the awkward question of whether the EU now serves any purpose whatever.

"

I just heard there will be a Dutch referendum. This has zero% chance of passing if they hold a fair vote.