Brexit hangs on Europe’s fortunes

Brexit hangs on Europe’s fortunes

The deal Britain agrees will depend on conditions across the Channel.

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Currency

Federico Santi of Eurasia Group discusses why the eventual shape of Britain’s exit deal will depend as much on the dynamics within the EU as any decision taken in London.

 

Highlights

  • Eurosceptic parties are likely to hold gains but not make a major breakthrough which leads to further exits
  • Italy represents the perhaps the biggest risk to Eurozone cohesion over the medium term
  • French and German elections in 2017 could lead to better coordination between these two core Eurozone members
  • Some kind of bridge agreement is likely to be needed to allow the UK continued access to the Single Market until negotiations are concluded – but getting one is not a given.

Brexit: Trade and global views

Brexit: Trade and global views

Discover more about the international implications of Brexit.

KPMG Brexit

KPMG Brexit

Brexit: A catalyst for businesses to reset their futures.

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