A deal would likely result in more sensible deficit and debt reduction and higher public investment all things the bloc’s economy could desperately use.
The outlook for Europe is only going to get tougher not only because of events unfolding in the Middle East but also the prospect of a second Donald Trump presidency.
At risk in October is whether Poland is going to be at Europe’s heart, shaping decisions, or on the bloc’s periphery, losing important benefits and clout.
The ‘Ukraine question’ will be the new Commission’s single biggest political priority, and it will dominate politics in Brussels and other European capitals for years to come.