Tensions have been unfortunately increasing again in last days between Slovenia and Croatia. Below you can find an excerpt from The Conundrum of the Piran Bay, co-authored by Matej Avbelj and myself, which it is once again extremely actual. Let us hope somebody learns some lessons from our conclusion and also from past mistakes. Full article is available at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=990183 “In the light of the conclusion that no clear answer can be given to the Piran Bay conundrum, a useful a solution might be not drawing a border at all. Since there has never been one, it may never need one. The disputes…