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The Lisbon treaty, which came in force in late 2009, brought new law-making powers to the European Parliament and put it on an equal footing with the Council of Ministers in deciding what the EU does and how money is spent.
The Treaty of Lisbon was signed on 13 December 2007 in Lisbon (given Portugal held the EU Council's Presidency at the time) by the EU Heads of State and Government, and must be ratified by all twenty-seven Member States before it can enter into force.he citizens of Ireland, the only country which held a referendum on the Treaty, rejected it in a vote by 53.4% to 46.6% on 13 June. The European Council on 19 and 20 June 2008 agreed to Irelandâs suggestion to return to the issue at its meeting of 15 October 2008 in order to consider the way forward.