The issue of the constitutional name of the Former Yugoslav Republic of Macedonia, or FYROM, involves a question of identity that dates back at least to the early twentieth century. Athens and Skopje are seeking a mutually acceptable resolution not only for their own benefit but for the benefit of regional peace and stability. The relationship between the parties has passed through distinctive phases. The current phase seems to encompass a great amount of optimism and political realism from both sides. It remains to be seen whether this optimism will lead to a political result.