Following several pertinent developments in the EU institutions in December, including the December European Commission & EEAS communication on the EEA review and the Council conclusions of 20 December 2012, announcing that the EEA Council will discuss the EEA review on 13 May 2013, discussions about the functioning and possible amendment of the EEA as well as variations in Framework Agreement(s) with other European countries have now started in earnest. The Council conclusions refer to a forthcoming strategic reflection on the EEA and the related options by CEPS, on the request of the Principality of Liechtenstein. The reflection takes the form of a CEPS book on the EEA review and the integration strategy of Liechtenstein.