This week, Alpher discusses the European Union and Israel's shared issues and interests that mitigate against tensions on Israel regarding the settlements and the peace process including energy, illegal immigration, and intelligence; how European Jewish immigration to Israel affects Israeli-European ties; where the Greek financial crisis fits in; and what happens if EU economic sanctions against Israel because of the Palestinian issue grow stronger and even develop into political and cultural sanctions; where this leaves the European-Israeli relationship and what Israel should do about it.