Yep, it's true. They have finally (blame Czech Land for the delay) ratified the Lisbon treaty. Starting (maybe) next month, they will have a single president for all of the EU (now they all take turns) and a "European Council", which will act much like our Congress, here in the US.
http://news.bbc.co.uk/2/hi/europe/8340664.stm
It's interesting to watch the same thing that went on in the US 232 years ago, now happening in Europe. The stronger countries (states) will prop up the weaker ones.
I will be very interesting to see how they merge the different markets, if they try to do that.
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