With the UK elections imminent, Larissa Brunner lays out three different scenarios depending on the outcome.
None offer any reason for the EU to be optimistic. If the Conservatives win, the Withdrawal Agreement will probably be passed, providing short-term predictability and certainty. But any long-term deal will probably be much worse than the status quo. A Labour victory would mean the opposite: further short-term uncertainty until the new government has renegotiated another Brexit deal and held a second referendum, but a possible closer relationship in the long run (assuming the Leave vote is confirmed). A hung Parliament would combine the worst of both worlds.
And then there’s the Scottish question. Regardless of whether the new government needs SNP support or not, the political pressure on London to endorse a second independence vote is likely to increase. The EU should, therefore, not take its eye off the ball and use the current respite in the Brexit process to prepare itself for all of the possible post-election scenarios.
Read the full paper here