The Kremlin’s energy warfare
Putin is entertaining the idea of total economic war to force the EU weaken its sixth package of sanctions on Russia. Europeans should stay united and call what is likely to be a bluff.
Putin is entertaining the idea of total economic war to force the EU weaken its sixth package of sanctions on Russia. Europeans should stay united and call what is likely to be a bluff.
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
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.
With the EU’s High Representative as our honoured guest, the panel will explore the birth of a geopolitical Europe and the new dimensions of European power with a focus on the tech, economic, and security terrains
A European Solidarity Fund could help the EU preserve its unity as it engages in economic warfare. The fund would make it much more difficult for third countries to weaken Europe – and for Europeans to weaken themselves.
India’s dependency on Russia has left it reluctant to publicly criticise Putin’s war on Ukraine. Rather than pressure India to pick a side, the EU should show India that it is a serious geopolitical partner.
Europeans have shown unity and decisiveness in countering Russian aggression. But there is still much they should do to adapt to the new geo-economic order.
The European Council on Foreign Relations in the context of the French Presidency of the Council of the EU is delighted to invite you to a debate on the principles that should guide Europe’s quest for economic sovereignty
This Oxford-style debate is part of ECFR’s Re:shape Global Europe project supported by Stiftung Mercator