EU Constitution – the economic consequences of rejection

Ten EU countries are set to hold referendums on whether to ratify the proposed EU constitution. The UK referendum is the most likely to fail, but for other countries the risk of rejecting the constitution is far higher than is suggested by some current opinion polls. We discussed these risks in our earlier Focus: EU Constitution – ratification likely to be a rough ride. In the current Focus we look at the economic and political consequences that might follow if the constitution is rejected.