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The current report on “Threat Perceptions in the OSCE Area” presents the results of the first project of the “OSCE Network of Think Tanks and Academic Institutions”. The subject of this study is an analysis of a broad spectrum of threat perceptions that governments have and a comparison among them. This may provide background information for the OSCE’s Helsinki + 40 process. The present report is based on 18 country reports from institutes and think tanks of participating States that are well distributed over the OSCE area. As almost all country reports were completed in late January and early February 2014, a separate chapter was added in an attempt to follow possible changes in threat perceptions in the wake of the Ukrainian crisis. GIP contributed Georgian part of the report.