This paper draws on a research project carried out in the framework of the EC funded project 'Youth and European identity' (5th FP). The project investigated - both quantitatively and qualitatively - identity and citizenship constructions in young adults (aged 18-24) from ten European regions/cities: Manchester England and Edinburgh Scotland (UK), Madrid and Bilbao (Spain), Vienna and Vorarlberg (Austria), Chemnitz and Bielefeld (former 'East' and 'West' Germany) and Bratislava (Slovakia) and Prague (Czech Republic). Using the Schwartz value questionnaire data, in this paper we explore the relationships between the values of European, national and regional identities and second order value types that, according to S. H. Schwartz theory (Schwartz 1992), create the basic set of human values (self-transcendence, openness to change, self-enhancement, conservation). We also compare these relationships in Bratislava and other studied regions. Through semi-structured interviews we also investigate the reflection of these values in hopes and fears concerning the EU membership in 'new' and 'old' EU member states, focusing mainly on national identity issues. As expected, the position of regional, national and European identities within the second order values structure is related to the situation of the country regarding the national identity formation and regarding the transformations linked to the EU integration processes. The results are discussed in the context of an ongoing research project investigating regional identities of young people in nine Slovak regions.