Currently braving its most serious financial crisis to date, the EU’s integration
projects face grave challenges. Under the current difficult economic
conditions, the question needs to be asked whether the EU will be
able to maintain its active role in the Common Foreign and Security Policy
(CFSP) or become victim of a possible European trend towards renationalisation.
In this regard, the EU’s stabilizing factor in regional
peace processes – in particular in the Western Balkans – could be seriously
affected by the financial, economic and social troubles inside the