As we are now seeing the one referendum on the Constitutional Treaty of the European Union after the other, it’s only natural that the question is asked what will happen if the one or the other country does not ratify the treaty.
The danger seems greatest in the United Kingdom, although it’s much too early to make any predictions on a referendum not likely to be held until Spring 2006 at the earliest.
Charles Grant of the Center for European Reforms has however tried to speculate on what might happen if Britain votes No. In essence, he sees a rather messy future in that case, with interest that are close to him – as well as me – likely to suffer and to be marginalized.
The link is to the press release which has just a summary of his arguments. I’m sure it’s worth reading in full.