changes would be retained in an amending treaty. On 13 December 2007 the treaty was signed, containing opt-outs for the more eurosceptic members and no state-like elements. The Lisbon treaty finally came into force on 1 December 2009. It created the post of President of the European Council and significantly expanded the post of High Representative. After much debate about what kind of person should be President, the European Council agreed on a low-key personality and chose Herman Van Rompuy while foreign policy-novice Catherine Ashton became High Representative. The 2009 elections again saw a victory for the European People's Party, despite losing the British Conservatives who formed a smaller eurosceptic European Conservatives and Reformists grouping with other anti-federalist right wing parties. Parliament's presidency was once again divided between the People's Party and the Socialists, with Jerzy Buzek elected as the first President of the European Parliament from an ex-communist country. Barroso was nominated by the Council for a second term and received backing from EPP who had declared him as their candidate before the elections. However, the Socialists and Greens led the opposition against him despite not agreeing on an opposing candidate. Parliament finally approved Barroso II, though once more several months behind schedule. In 2007, the fifth enlargement completed with the accession of Romania and Bulgaria on 1 January 2007. Also, in 2007 Slovenia adopted the euro, Malta and Cyprus in 2008 and Slovakia in 2009. 2008–2016: European crisis However trouble developed with existing members as the eurozone entered its first recession in 2008. Members cooperated and the ECB intervened to help restore economic growth and the euro was seen as a safe haven, particularly by those outside such as Iceland. With the risk of a default in Greece, Ireland, Portugal and other members in late 2009–10, eurozone leaders agreed to provisions for loans to member states who could not raise funds. Accusations that this was a U-turn on the EU treaties, which rule out any bail out of a euro member in order to encourage them to manage their finances better, were countered by the argument that these were loans, not grants, and that neither the EU nor other Member States assumed any liabilities for the debts of the aided countries. With Greece struggling to restore its finances, other member states also at risk and the repercussions this would have on the rest of the eurozone economy, a