Brussels has spoken, and the echo faded unheard in the endless corridors of bureaucracy.

A compromise is being celebrated that is so watered down it will evaporate at first contact with reality. It is the fine art of pretending to move while sinking firmly in the quicksand of one's own irrelevance.

But don't worry: the flags are still flying, even if the wind filling them is just hot air left over from the last press conference.