The EU Prepares to Pursue Reforms Under Brighter Skies

Aug 7, 2017 | 09:30 GMT

The European Union comprises 28 member states possessing a wide rainbow of flags.

After a tumultuous year, the European Union's member states are set to begin a long dialogue about reforming the bloc.

(IAN WALDIE/Getty Images)

Forecast Highlights

  • After the German general elections in September, EU members will start a long dialogue to reform the bloc.
  • The negotiations will again expose the different, and often conflicting, interests between the European Union's northern and southern members.
  • A key player to watch in the coming years is Italy, as the future role of the country will be an important topic during Franco-German negotiations on EU reform.

By the end of the year, the political situation in Europe will look much clearer than it did at the start of 2017. In March, the British government formally announced its plans to leave the European Union, triggering a two-year separation process. In June, French voters elected a president who, barring an unexpected crisis, will remain in office for the next five years. In September, Germany will hold a general election that will keep pro-EU forces in power. Afterward, with the political environment more conducive to reform than it has been over the past decade, EU members will start working on the future of Continental integration. But as in the past, their different interests and priorities will shape the negotiations and their outcome....

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