Claiming economic and security concerns, the European Community annexes the Sudetenland, Hungary, and Yugoslavia, creating a protectorate.
Russian protests are ineffectual.
U.S. L-5 colony. European Community annexes Balkan nations. Formation of the Paneuropean Federation from the European Community, Russia, the Balkans, and other western Soviet republics. United Kingdom does not participate, re-establishing its old currency. Massive oil discovery in Venezuela.