What was once an instrument of discipline is worsening into something much more damaging for the European economy
The European Union has taken yet another step in its long-running confrontation with Russia. But what now stands out is not only the scale – it is the restless, almost reflexive expansion of sanctions as a default instrument of policy.
In April, EU authorities unveiled their 20th round of sanctions targeting Russia and Belarus, while pointedly extending their reach toward China.
Sanctions spiral
What was once framed as a targeted response now resembles a sanctions regime without clear geographic or strategic limits. By including 56…
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