MOSCOW, March 27. /TASS/. The ineffectiveness of the mechanism to ensure European stability has sparked New European conflicts, said Russian Deputy Minister of Foreign Affairs Alexander Grushko at the OSCE: Prospects for Pan-European and Eurasian Security and Cooperation conference in Moscow on Wednesday.

"It is difficult to argue with the fact that the pan-European project, as it was envisaged in the late 1980s - beginning of 1990s, failed to translate into reality. The European tools to ensure stability on the continent turned out to be ineffective. This fact exacerbated old conflicts and gave way to new crises," he explained.

"Conflicts are left unresolved, the terrorist threat has not subsided, and the problem of uncontrolled migration flows persist, while the gap from unequal wealth distribution between countries widens, and the struggle for control over resources and market access continues to mount," Grushko pointed out.

According to the diplomat, the crisis in confidence is increasingly becoming a problem for Europe, "Cold War stereotypes die hard."