Wisdom prevailed in the end. It all happened so fast. Contrary to expectations, the current European Commission will not be approving its guidance document on reforming the EU budget and changing the shape of EU spending in the future. It will now fall to the Barroso II Commission, in its first six months of office, to approve the budget and therein determine the shape of Europe in the future. José Manuel Barroso informed the chair of the EP's budgets committee, Alain Lamassoure, about...