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6/25/07

Finanz nachrichten: EU SUMMIT- Nine countries have 'grave objections' to draft treaty

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EU SUMMIT-Nine countries have 'grave objections' to draft treaty

Belgium, Luxembourg, Spain, Greece, Austria, Malta, Hungary, Slovenia and Lithuania have 'grave objections' to a published draft treaty for the 27 member state bloc, a source said.

The source added that the group of nine all have similar concerns and that one of the key objections was on the stated 'legal personality' of the EU, which was not 'strong enough'. A single legal personality would make it easier for the EU to sign international treaties.There is also an objection lodged against Britain's opt out clause on the EU charter of fundamental rights, according to documents seen here.

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