Europe is under intense military and societal pressure from several directions: from the refugee crisis and the Syrian Conflict in the South to Russian revisionist behavior in the East and Northeast. Former Swedish Prime and Foreign Minister Carl Bildt recently said that Europe is surrounded not by a "ring of friends" but by a "ring of fire." The combination of external pressure and internal financial crisis has created a lot of friction within Europe. In addition, the US shift to the Asian-Pacific means it is no longer playing a leading role in European security affairs. What kind of consequences can that have for the Transatlantic Security Community that we have for so long taken for granted?