EUPL Gets the Big "Yes"...Well, One of Them

So EUPL - the European Union Public Licence - is now approved, by the European Commission at least:

The Commission has approved the EUPL on 9 January 2007, as a licence to be used for the distribution of software developed in the framework of the IDABC programme.

The only trouble is, it's not actually on the list of OSI-approved licences. This leaves it precisely where...? (Via Andrew Katz.)