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“Massive consequences”: EU threatens Russia with sanctions

The EU is venturing far ahead with its decision on Russia – it is threatening tough sanctions even before the country’s feared invasion of Ukraine. The possible punitive measures could hit Russia hard, but they are risky for Europe and Germany.
By
Eric Bonse
Image of Eric Bonse

The European Union is venturing into new territory in terms of foreign and economic policy. At the European Council in Brussels on Thursday, the heads of state and government – including German Chancellor Olaf Scholz for the first time – threatened Russia with economic and financial sanctions even before the country launched the feared military offensive against Ukraine.

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