In a new analysis, European Council on Foreign Relations senior policy fellow Kadri Liik explores European sanctions against Russia and how European leaders should use them.
Business Insider: A new analysis highlights what Europe gets wrong about Russia – and how it can hurt Putin
Russian President Vladimir Putin (C) and Defence Minister Sergei Shoigu (R) attend celebrations for Navy Day in Baltiysk in the Kaliningrad region on July 26, 2015.