Czech Republic, which is the last holdout for the Lisbon Treaty to come into effect, today revealed its reservations. Those are related to property claims.

Poland today signed and ratified the Lisbon Treaty after the Irish said Yes to the treaty in the referendum last week. Now the last holdout is the Czech Republic.

Those who are anticipating the Irish EU vote results may be cheering soon. The Foreign Minister of Ireland said that the result of the Irish 2009 vote on Lisbon Treaty may be Yes. In fact, the Prime Minister of Ireland just made a statement welcome irish Yes on EU Treaty.

The Constitutional Court of Germany has today suspended the process of ratification of the Lisbon Treaty, calling for a law guaranteeing the rights of the German Parliament. The constitutional judges have confirmed that the Treaty was "compatible with the Basic Law (the German Constitution), but they felt that the parameters were still lacking.

Today Swedish Foreign Minister Carl Bildt and EU-Minister Cecilia Malmström presented Sweden's priorities during the upcoming presidency to members of the international press.

The European Union and six post-Soviet republics will on Thursday sign a joint declaration on "eastern partnership" that will mention human rights observance, support to democratisation and market economy, and political and security cooperation, Karel Schwarzenberg said today.

The Prime Minister of the Great Britain and EU leaders will convene in Brussels today for an informal EU Council meeting on the global economic crisis. Gordon Brown will also brief leaders on the preparations for the forthcoming G20 Summit, which will take place in London on 02 April 2009.

A proposal for establishing a European Asylum Support Office was discussed by interior ministers during a public session at the Justice and Home Affairs Council meeting on 26 February. The new agency would be a centre of expertise to step up and coordinate practical cooperation among member states on various asylum matters.

The newly formed Icelandic coalition, interm government will take office today, according to a coalition leader. The new government will also include a new prime minister, Jóhanna Sigurðardóttir, the country's and the world's first openly gay prime minister. A commissioner in Brussels has suggested that Iceland could be fast tracked to join the European Union (EU) by 2011.

European Central Bank cuts interest rates by 0.75 percent - its biggest ever move and its third cut in two months. Major European interest rate cuts fail to rally world markets.