Reactions from the international press after summit are divided. Intergovernmental Agreement reached is seen by some publications as a success, while others consider a failure that not all EU Member States have approved tax changes.
Financial Times writes about the failure of 27 Member States to amend the treaty. Intergovernmental Agreement shall have the same power and decisions will be negotiated only by 23 countries, noted journalists. Financial Times writes that EU officials have condemned the British proposals, and they warned David Cameron that his country will suffer because he irritated everyone.

The Wall Street Journal focuses on the division that emerged between European leaders. On the other hand, French newspaper La Tribune said that the pact for the euro area will require a more rigorous control of budgets. European Central Bank will deal now reforming European Stability Mechanism.

New York Times also notes the reaction of the European Central Bank, whose chairman Mario Draghi welcomed the intergovernmental agreement. Now the ECB may continue buying bonds and Italy and Spain can give time to stabilize, the conclusions of the New York Times journalists. Also, American journalists.