The Nice treaty is mainly about creating the political conditions and the necessary institutional adjustments for enlargement – not just the bare minimum but what will create the best chance of success. Enlargement contains significant but necessary risks if the European Union is to be true to the values of its founders. While there is considerable debate elsewhere about the future of Europe, no-one else is getting excited about the Nice treaty. It has passed without fuss in every other country. What is our problem? Most of us, if we get excited about something in ordinary life but find no reaction among our closest friends, realise, if we have any sense, that it is time for a reality check and ask ourselves whether we are making a mountain out of a molehill.