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British food exporters would face tariffs of 14 per cent, according to the Centre for European Reform (CER). Car imports would face a 10 per cent tariff, and supply chains would be massively disrupted. Many British products would no longer be accredited to sell across the EU. British airlines could no longer be able to fly to, or within, Europe.

"Ultimately, the question of whether the Withdrawal Agreement could ever be reopened is entirely political: is it in the EU's interest to do so?" the Centre for European Reform's trade guru Sam Lowe tells me. "Nothing about the proposals being put forward by some of the leadership candidates suggests it is."

A analista do 'think tank' Centre for European Reform Agata Gostynska-Jakubowska concorda que "um dos destaques destas eleições é a taxa de participação"."A UE conseguiu inverter uma tendência preocupante, registou um aumento do interesse público e isso são boas notícias", até porque "uma elevada abstenção era um dos argumentos recorrentemente utilizados pelos eurocéticos para criticar a alegada falta de legitimidade democrática da UE".

Bundesbank chief Jens Weidmann shouldn’t succeed European Central Bank President Mario Draghi, and no other German ought to get the job either, according to Centre for European Reform Chief Economist Christian Odendahl. In a report that he quips may cost him his German passport, the Berlin-based analyst argues that Weidmann is “too conservative” for a role that might require bold action, while the region’s most populous country and biggest economy already has enough influence in the running of the euro area.

It's also an opportunity for remainers and leavers to express their frustrations, Agata Gostyńska-Jakubowska, a senior research fellow at the CER, said in a statement."Prime Minister Theresa May's Conservatives, which had hoped to avoid holding these elections, are facing a drubbing at the hands of Nigel Farage's new Brexit Party," she noted, adding that parties pushing to prevent Brexit are "likely to perform well and keep up the pressure for another referendum on the UK's membership of the EU."

Senior research fellow Camino Mortera-Martinez from the Centre for European Reform (CER) argues that while those ascendant political groups may not dominate Parliament, their presence will be felt as they apply pressure and complicate EU decision-making."Euroskeptics and populists are going to grow exponentially this time," she says. "You're going to have a much more divided Parliament. It's going to be more difficult to find compromises."

Sam Lowe at the CER calls on the next post-Brexit UK government to seriously rethink its approach to immigration or risk indelibly damaging its roaring service sector.