
Rules of the road for the EU’s secondary sanctions
With its 11th sanctions package, the EU will enter the realm of secondary sanctions. It needs to set some ground rules for their use
Programme Coordinator, European Power programme
Geo-economics, sanctions policy, German and European foreign and security policy
German, English, Spanish, Croatian/Serbian/Bosnian, some French
Filip Medunic is the European Power programme coordinator.
Previously, he was the l
He holds a Master’s degree in International Affairs from the Hertie School of Governance, Berlin as well as BA in Management, Philosophy & Economics from the Frankfurt School of Finance and Management.
Prior to joining ECFR, Medunic was a trainee with the Council of the European Union and working student at the Centre for International Peace Operations in Berlin.
With its 11th sanctions package, the EU will enter the realm of secondary sanctions. It needs to set some ground rules for their use
The EU and its member states are applying tools of economic statecraft. Now is the time for a full assessment of how well they have worked
If the ECB is disciplined in its use of the recently announced Transmission Protection Instrument, this could turn out to be exactly what Europe needs
The EU needs a sanctions doctrine – a framework to set out the goals, means, and risks for the use of economic measures
In the wake of the EU’s latest set of sanctions, European leaders should work quickly to take control of the narrative around sanctions
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.
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.
The EU needs to develop an Anti-Coercion Instrument that acts as a powerful economic deterrent, but this alone will not sufficiently protect Europe against economic coercion
Europeans need to pay closer attention to Russia’s growing opportunities to sell gas to China and other countries in Asia – otherwise they could be left even more at Moscow’s mercy
In a future, states will likely become more transactional and try to force changes in behaviour from others in exchange for the use of a platform or supply chain
The EU needs to develop an Anti-Coercion Instrument that acts as a powerful economic deterrent, but this alone will not sufficiently protect Europe against economic coercion
With its 11th sanctions package, the EU will enter the realm of secondary sanctions. It needs to set some ground rules for their use
The EU and its member states are applying tools of economic statecraft. Now is the time for a full assessment of how well they have worked
If the ECB is disciplined in its use of the recently announced Transmission Protection Instrument, this could turn out to be exactly what Europe needs
The EU needs a sanctions doctrine – a framework to set out the goals, means, and risks for the use of economic measures
In the wake of the EU’s latest set of sanctions, European leaders should work quickly to take control of the narrative around sanctions
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.
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.
Europeans need to pay closer attention to Russia’s growing opportunities to sell gas to China and other countries in Asia – otherwise they could be left even more at Moscow’s mercy
In a future, states will likely become more transactional and try to force changes in behaviour from others in exchange for the use of a platform or supply chain
Strengthening the euro would reduce the power imbalance between Europe and its international partners and competitors