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Watch insights on the latest news about Europe from Carl Bildt, Co-Chair of the European Council on Foreign Relations and former Prime Minister and Foreign Minister of Sweden.

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Armenia-Azerbaijan cease fire holds; Europe's immense relief about US election

Carl Bildt, former Prime Minister and Foreign Minister of Sweden, shares his perspective on Europe In 60 Seconds:

What's the nature of the Armenia-Azerbaijan peace deal and will it last?

First, it's not really a peace. It's a cease fire that is guaranteed by Russian forces. And those Russian forces are going to be there for additionally five years and then perhaps an additional five years. The question is, will there be a real peace agreement during that particular time period? That remains to be seen. But no one is going to attack the Russian forces. As such, it has ceased the fighting. That's good.

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