What are the challenges for Italy?
Sergio Mattarella stays on as president, Mario Draghi remains prime minister. For Italy and Europe, this is the least bad outcome of Italy’s presidential election.
Germany’s long-term leading government party faces an uncertain political future.
The EU tends to move more slowly — but it does get its act together.
Despite a tightening race, another come-from-behind victory for Trump as in 2016 is very unlikely in 2020.
The ways in which the EU can put pressure on a UK that is going rogue are very limited — and potentially vast at the same time.
In its negotiations with the EU, the UK government still puts false hopes on “heavenly” intervention by Germany’s Angela Merkel.
Germany looks at a solid, but uneven economic rebound from the pandemic, largely based on a pronounced home bias in economic activity.
One has to doubt that France’s new prime minister, Jean Castex, will pursue many reforms ahead of 2022.