[ES] La pol?tica exterior de la Monarqu?a Hisp?nica en los primeros a?os del reinado de Carlos II est? presidida por un ?nico objetivo: hacer frente a la ambici?n de Luis XIV. Escasa de recursos financieros, sin un ej?rcito poderoso y una marina de guerra potente, la ?nica alternativa que le quedaba era la de conseguir la alianza de Inglaterra y de la Rep?blica de Holanda, as? como la ayuda del Emperador, para poder resistir las agresiones de Francia y mantener intactas sus posesiones en Europa. Este objetivo, sin embargo, no era f?cil de alcanzar, en parte porque apenas ten?a nada que ofrecer a sus posibles aliados, salvo favorables condiciones comerciales, siempre que ?stas, por supuesto, no afectaran al monopolio que todav?a conservaba en Am?rica, y en parte tambi?n porque las potencias mar?timas que podr?an ayudarla se encontraban a su vez enfrentadas por el domino de los mares, mientras que el Emperador, a pesar de los lazos de parentesco que le un?a con Carlos II, s?lo se mostraba interesado en defender los territorios imperiales y sus estados patrimoniales. Con todo, la diplomacia espa?ola lograr?, no sin esfuerzo, vencer la resistencia de los holandeses y del Emperador, estableciendo con ellos s?lidas alianzas y en condiciones bastante favorables, reforzadas con el apoyo de otras monarqu?as y la neutralidad, siempre deseada, de Inglaterra, aunque finalmente resultara ser la gran perdedora en el escenario internacional.

[EN] Foreign policy of the Spanish monarchy in early years of Charles IFs reign came given by just one objective: to face the growing ambition of Louis XIV. Short in financial resources, whithout a powerful army -as it had in other times- and navy, its only alternative was to achieve an alliance with England and the Dutch Republic, as the help of the Emperor, in order to resist French agresssions and to maintain its entire possesions in Europe. This objective, however, became really hard to get. First problem was that Spain had almost nothing to offer to Its possible allies, except good commercial benefits, of course, always that these ones didn't affect the monopoly still conserved in America. On the other hand the maritimal potencies that could help her were fighting between them for sea domination, while Emperor, although having familiar relationships with Charles II, was just interested in defending imperial territories and his patrimonial states. Even so, Spanish diplomacy achieved, not without efforts, to overcome the Dutch and Imperial opposition, signing solid treatments with them, including very favourable conditions, reinforced with support of other monarchies and, always desired, English neutrality. Despite of this, Spain was finally the great looser in international stage.