This report explores Kremlin's next steps in using military and hybrid instruments after the declared withdrawal from Syria. The author outlines the following main options: (1) return to Syria; (2) Ukraine, in an attempt to provide a land corridor to Crimea; (3) the Baltic States, where Latvia and Estonia are most vulnerable to Russian influence; (4) "former friends" as Belarus and Kazakhstan; and (5) Turkey, through its potential involvement on the side of Azerbaijan in a renewed conflict in Nagorno-Karabakh.

The full text of the report is in Bulgarian.