Summary of Europe Stretched to the Limit

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The European Union is in the midst of political and economic turmoil that calls into question its ability to weather further storms as a single front. For the most part, the EU has engaged in “a messy process of muddling through,” with responses that result in neither disaster nor a permanent solution. While such policies may fall short of addressing the region’s problems over the long term, they may be adequate in the medium term. This authoritative outlook from the Economist Intelligence Unit offers a sobering take on the EU to 2020, which getAbstract recommends to those concerned about migration, Brexit, Grexit and other major issues, particularly now that Brexit is a reality.

About the Author

The Economist Intelligence Unit is an independent research and analysis organization.

 

Summary

The European Union faces severe challenges in the years to 2020 in several areas:

  • “Migration” – With a surge of 1.1 million immigrants in 2015, Germany is confronting a vexing political and cultural problem. The deal struck between the EU and Turkey in March 2016, along with Austrian agreements with nine Balkan states to shut down a critical migrant exit route from Greece, has legal and administrative shortcomings. The deal also puts Greece in a vulnerable and perhaps economically catastrophic position.
  • “Brexit” – If British voters decide to exit the EU, the likelihood...

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