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.
Jonathan Hackenbroich
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
Europe’s Russian energy dilemma
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.
Europe’s new economic statecraft: Unity through a European Resilience Fund
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.
The EU’s geo-economic revolution
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 birth of a geopolitical Germany
The only way for Germany to escape its historical inhibitions and be true to its post-war development is to change
Coercion with Chinese characteristics: How Europe should respond to interference in its internal trade
China is pressuring EU companies to cease trading with Lithuanian firms. This is a critical moment for the European Union – it should build up defences for its internal market and protect member states and companies from political coercion.
Economic arm-twisting is on the rise. Europe must learn how to resist it
Protectionism is not the answer. European countries must build public support for strategic openness.
Four ways the new German government can strengthen European trade against economic coercion
Threats to Germany’s and Europe’s economic sovereignty have won too little attention in the German election campaign. But, soon, policymakers in Berlin will have to take decisive steps to build up Europe’s strength against economic coercion.
The Nord Stream 2 dispute and the transatlantic alliance
Nord Stream 2 has become a suitcase without a handle: hard to abandon; hard to take along
Publications
Tough trade: The hidden costs of economic coercion
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
Measured response: How to design a European instrument against economic coercion
The anti-coercion instrument needs to enable countermeasures that are both effective and credible; if it does not, this could carry more risks than benefits
Defending Europe’s Economic Sovereignty: new ways to resist economic coercion
The EU should move quickly to consider and adopt a suite of tools to protect and enhance European sovereignty in the geo-economic sphere
Health sovereignty: How to build a resilient European response to pandemics
Europe must improve its early warning systems, supply chain resilience, medical R&D, and cyber security and technology, to act decisively in future emergencies
Opportunities amid disorder: Europe and the world in 2018
2017: It could have been worse Prediction is a gloomy business, even in the best of times. It is neither fun nor interesting to predict…
Articles
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.
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
Europe’s Russian energy dilemma
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.
Europe’s new economic statecraft: Unity through a European Resilience Fund
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.
The EU’s geo-economic revolution
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 birth of a geopolitical Germany
The only way for Germany to escape its historical inhibitions and be true to its post-war development is to change
Coercion with Chinese characteristics: How Europe should respond to interference in its internal trade
China is pressuring EU companies to cease trading with Lithuanian firms. This is a critical moment for the European Union – it should build up defences for its internal market and protect member states and companies from political coercion.
Economic arm-twisting is on the rise. Europe must learn how to resist it
Protectionism is not the answer. European countries must build public support for strategic openness.
Four ways the new German government can strengthen European trade against economic coercion
Threats to Germany’s and Europe’s economic sovereignty have won too little attention in the German election campaign. But, soon, policymakers in Berlin will have to take decisive steps to build up Europe’s strength against economic coercion.
The Nord Stream 2 dispute and the transatlantic alliance
Nord Stream 2 has become a suitcase without a handle: hard to abandon; hard to take along
Podcasts
Germany’s Zeitenwende: what does it mean for Europe?
German chancellor, Olaf Scholz, is facing criticism for not meeting the expectations he created with his Zeitenwende speech. But how fair is this criticism?
War in Ukraine
As the situation at the Ukrainian border escalates, Mark Leonard and his guests talk about the recent developments and the state of play at the ground
Lead time: How Germany should move on from Merkel | Episode 3 – Economic Coercion
How can the next German government build up Europe’s strength against economic coercion?
The strike back against economic blackmail
In what circumstances should an Anti-Coercion Tool be triggered? What kind of countermeasures could protect Europe, keep markets open and support a functional global trade order?
How can the EU strike back? The way towards higher economic resilience
European countries are increasingly coming under threat of economic coercion from great powers, as outlined in the latest ECFR’s policy brief. But what do we…
Europe’s role in global health & how to build European health sovereignty
“If it’s about Europe´s role in global health, a big part of it is Europe's health sovereignty which we want to make one of the…
How is covid-19 changing European economic sovereignty?
What does the corona crisis mean for economic coercion? How does it amplify some of the problems stemming from punitive economic measures Europeans have worried…
Bonding over coronabonds? How the financial question divides Europe
The EU members states have been caught up in a heated discussion on possible European ‘coronabonds’, a joint debt assistance by the Union to help…
You better bring a book – the start of the EU’s lengthy budget talks
Negotiations over the Multiannual Financial Framework (MFF) for 2021 – 2027 just have started. But as tensions and divergences between the EU member states are…
Highlights of the Munich Security Conference 2019
Direct from the Hotel Bayerischer Hof, Mark Leonard, Ulrike Franke and Jonathan Hackenbroich share their post-conference insights. They discuss speeches by German chancellor Angela Merkel,…
Events
10 Mar
The EU and Japan: Strategic partners in the Indo-Pacific
In collaboration with the Embassy of Japan in Madrid, ECFR has organised a public virtual debate to explore how the EU and the Indo-Pacific can build a strategic alliance and how the EU-Japan relationship can drive this process
21 Feb
Can Europe stand up to Chinese and Russian economic coercion?
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
17 Dec
Europe’s answer to economic warfare: The EU’s anti-coercion instrument and building sovereignty in a networked world
Join ECFR in this two-part event on the EU’s potentially game-changing geopolitical instrument against economic blackmail from great powers, and the principles that should guide Europe’s quest for economic sovereignty
2 Dec
Chinese and Russian economic pressure games – what policy for Sweden and Europe?
How should Sweden and Europe adapt to the rise of geo-economics, keeping their markets open but minimizing their vulnerabilities?
23 Jun
Anti-Coercion Instrument: How the EU can counter sanctions, boycotts and economic blackmailing
This event is the second webinar in a two-part series on current developments in the global use of economic coercion
17 Jun
Trapped in an age of economic coercion – How can the EU effectively navigate it?
This event is the first webinar in a two-part series on current developments in the global use of economic coercion
23 Mar
Anti-Coercion Instrument: How can Europe best protect itself from economic coercion?
What kind of countermeasures will protect Europe, keep markets open and support a functional global trade order?
In the media
A strong network of deep trade relations facilitates diversification — avoiding the kind of excessive dependence that another power could leverage for economic coercion
Jonathan Hackenbroich sums up the commission’s arguments for new EU trade rules
Jonathan Hackenbroich sheds light on the efficacy and future of sanctions in the context of the Russo-Ukraine war
Jonathan Hackenbroich discusses national sovereignty and the geo-economic state after Russia’s war on Ukraine
would have dire consequences for the German and European economies,
Jonathan Hackenbroich sheds light on the effects sanctions on Russia and the consequent gas cutoffs will have for Germany and Europe
Economic sanctions can only be one tool in the toolbox for enforcing global peace
Jonathan Hackenbroich provides us context relating to the historic use of sanctions and insights into how the current sanctions policies are being shaped by geopolitical movements of the past decades