Happy British diplomats
To read newspaper stories of EU bullying and Britain's red lines collapsing you would think that the British delegation to Luxembourg would be in a ferment.
Not a bit of it. Britain has hardly entered the debate on the treaty except to endorse it.
Portugal's Europe Minister, Manuel Lobo Antunes, told me in a news conference: "The UK is happy with this text. They made an important intervention in favour of the treaty, so I don't see any major problems."
There has been one minor change. The Foreign Office has managed to remove the word "shall" from a passage about national parliaments' obligations to support the European Union.
But most of the debate has been about how the Bulgarians should be allowed to translate the word "euro" and the number of Italian MEPs.
My feeling is that this is very much a done deal as far as Britain is concerned, but we will have to wait and see if Gordon Brown feels the need to thump the table in Lisbon for purely domestic reasons.
But the Foreign Office people here are adamant the deal they have is good for Britain.