The document is lopsided as expected, so of course it won't stand on its own. It must be fair to both parties, without ommisions for either side. As for Jerusalem as a capital for one or the other is totally ridiculous, that will not bring peace, the better choice for both parties is simple, [ I hate to say it, but] Tel Aviv for Israel and Ramallah for the Pals...
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from the article: Haaretz Exclusive: EU draft document on division of Jerusalem