The Elcano Royal Institute will be a part of the “dream team of think tanks” -according to Catherine Ashton- to develop the European Global Strategy. Elcano Royal Institute (Madrid), jointly with the Institute Affari Internazionali – IAI (Rome), Polish Institute of International Affairs – PISM (Warsaw), and the Swedish Institute of International Affairs (Stockholm) have initiated a think-tank process paving the way for a European Global Strategy (EGS). An EGS would be instrumental in reinforcing a common European strategic culture, as well as a shared vision and direction in times of flux. On July 23, 2012, the Foreign Ministers of Italy, Poland, Spain and Sweden welcomed the readiness of the four participating think-tanks to develop considerations and possible elements for an EGS. More information on the EGS available here.