"Of course, the EU is not going to fall apart, but at best it will stagnate for the foreseeable future and we will be dealing with quite a lot of internal chaos"

This quote by Peter Mandelson suggests that the European Union (EU) will not collapse, however it will remain stagnant and chaotic in the future. This suggests that the EU will not have the ability to make any substantial progress in terms of financial, political, and social advancement. The internal turmoil mentioned in the quote could refer to the increasing tensions in between member states, the rise of populism, and the lack of unity among the member states. This could cause an absence of trust and cooperation in between the member states, which might even more prevent the progress of the EU. In addition, the stagnation of the EU might likewise be triggered by the lack of a merged vision and strategy for the future. This could cause a lack of development in regards to economic, political, and social advancement. Therefore, it is essential for the EU to find a way to conquer these challenges and move forward in order to guarantee its future success.