You're reading: Bloomberg: Europe risks opening a Pandora’s Box

If history is anything to go by, Europe’s most volatile region is headed into another precarious period, and the repercussions could again reverberate around the world.

Serbia and Kosovo are seeking to mend ties after years of failed efforts and animosity stemming from the Yugoslav wars and their ultimate split a decade ago as the Kosovars declared independence. A key component of a proposed deal involves swapping chunks of territory to allow people of the same ethnicity to live together.

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