Europe’s new economic statecraft: A strong Anti-Coercion Instrument
A strong Anti-Coercion Instrument could help the EU brace for a long-term economic war with Russia and adapt to the new geo-economic order
A strong Anti-Coercion Instrument could help the EU brace for a long-term economic war with Russia and adapt to the new geo-economic order
Putin’s invasion of Ukraine has underlined the importance of European sovereignty. The EU should now invest boldly in its military capabilities, cyber-defences, energy independence, and economic resilience.
The EU should immediately impose a temporary embargo on Russian energy imports. If the union waits any longer, it will be too late – and the political costs will be huge.
The EU should adopt a phased approach to energy sanctions on Russia. This would be more effective than a rushed embargo and would help preserve European unity.
As a paranoid dictator, Vladimir Putin has survived by eliminating anyone who could pose a threat to him. But now that he has triggered the survival instinct of Europe and the broader West, the world is entering a dangerous new phase of existential conflict.
Russia’s war on Ukraine has prompted urgent changes in Italian foreign policy. Rome’s efforts to distance itself from Moscow are creating major challenges at home.
The revolution in defence funding and energy policy that Germany recently announced should be accompanied by an intellectual awakening
Geopolitics is at the centre of France’s presidential campaign like never before. There are stark differences between the candidates’ attitudes towards Russia.
Peace, security, and prosperity are at the centre of the European project’s founding narrative. Putin has just reminded us that this narrative is more relevant than ever.
It is crucial for the European Commission to resolutely defend the rule of law. If it settles for a rotten compromise with Warsaw, there will be a risk of legal chaos in the EU.