The EU constitution reform treaty, known as the Libson Treaty, will be very beneficial to the economy. It made a lot of changes to how parliament and the EU council works. It provides many checks and balances within Europe, which will make it much for powerful and helping out the economy.
The EU constitution reform treaty (Lisbon Treaty) passed in 2007 made changes to the powers of the parliament and the European Council. The new powers of the Parliament serve as a check and balance to other powers, such as the presidents of EU countries and their governments. It also encourages compromise.