The relevance of this topic is determined by the Baltic region playing a special role in the current confrontation between Russia and the West, which is most accurately defined by the term ‘cool war’. Russia borders on the EU and NATO in that region. In this study, I aim to demonstrate the impact of the ‘cool war’ on international relations in the region and explain why the preservation of the status quo is the most likely scenario. I conclude that, in recent years, a certain regrouping has occurred in the region: there has been a stepping-up on the activities of the US and NATO, whereas the influence of EU institutions has decreased. A deep rift has developed between Russia and all other states in the region. There are five possible mid-term scenarios, ranging from outright confrontation to effective cooperation: an armed conflict, a dramatic aggravation of the current tensions without an armed conflict, the continuation of the ‘cool war’, the normalisation of relations, and a transition to large-scale coope