The victory of the liberal, establishment-backed Emmanuel Macron in the French presidential election was predictable and straightforward, as with the Dutch election that preceded it. The snap British election seems very likely to have a similar result, and the German election too. It looks rather like a return to the status quo. After their shocking 2016, the media have been over-cautious in predicting political events in 2017. Come year’s end, though, the theme of a return to the status quo will be widespread, and we will be told 2016 was simply an aberration. Reality will not be so simple, and what happens in Europe in the years to come may well depend on the new French president.
To put it another way: Emmanuel Macron has five years to prove he is the saviour of the European Union.