The following is an excerpt from the FPRI report, " The Art of the Possible: Minimizing Risks as a New European Order Takes Shape ," co-authored by ACA research associate Gabriela Iveliz Rosa-Hernandez . N ote: Research for this analysis was completed on October 13, 2022. The text does not reflect events since that date. INTRODUCTION Europe, a seeming bastion of stability since the end of the Balkan wars of the 1990s, has once again grown dangerous. Russia’s full-scale invasion of Ukraine on February 24, 2022, which had followed eight years of lower-grade conflict, has brought the heaviest...