I think looking at the timetable for how this is shaping up is very interesting. Not much has really been mentioned about this in the press as far as I can see.
The Select Committee have today said they don't recommend The Big Red Button until Spring 2017.
This is a major headache for the French. They are holding their Presidential Elections in April / May, with the first round on 23 April and the second round on 7 May.
A survey last year found that 67% of French people were currently against the EU. This is more Eurosceptism than the UK have ever polled. Frexit is a potentially big problem.
Much of this comes back to a 2005 French referendum on Europe which was ignored, and eventually resulted in the Lisbon Treaty (this was mentioned during the EP debate today and got cheered).
Here's a bit of background to that referendum and how it was ignored
In the 2014 EU elections, the National Front came first with a quarter of the vote and they are currently France's largest party in the European Parliament. This is very similar to the situation the UK has with UKIP.
HOWEVER, the NF have more influence in national politics than UKIP ever have. The NF did very well at the most recent regional elections in December. Le Pen (who is currently an MEP) is currently polling as being likely to be one of the two candidates to go through to the second round of the presidential race. At the moment, it looks likely to be Alain Juppe versus Le Pen. Presently the polls seem to be roughly predicting 70% (Juppe) to 30% (Le Pen) in that scenario. However some of the other scenarios are much closer - the latest polls in a Emmanuel Macron v Le Pen situation are 61% to 39% and in a Sarkosy v Le Pen situation are 56% to 44%.
So this is going to really matter.
If the Big Red Button isn't pressed by Spring 2017, then talks for leaving can't start until RIGHT before the election according to Juncker. If this is the case it begs the question of just how much of an example of we can be made before this point.
Unless the EU tries to cripple us as much as possible prior to negotiations taking place. Which economically will have an impact on them too seeing as we are still tied to them. The most obvious thing they could do would be to poach our industry and business over the next few months. Beyond that, it will be very difficult to do...
The German federal elections are scheduled for later in 2017 and will also be important but the big one is the French Presidential election.
I would suggest swatting up on French Politics....