Euro-Mediterranean Prospects and Risks

Europe now finds itself facing a serious risk. It may witness growing instability in the fragile Mediterranean area. It might damage the prospects for investment, dialogue, progress, and stability. Or it might find itself isolated and see its influence diminish to the advantage of other powers or regions, such as the Mashreq or emerging Asian tigers. Every euro that Europe invests in Mediterranean partners has economic and political value. It is essential that the EU makes its know-how available to small and medium enterprises within the framework of a Euro-Mediterranean strategy.