MEASURED RESPONSE: HOW TO DESIGN A EUROPEAN INSTRUMENT AGAINST ECONOMIC COERCIONJonathan Hackenbroich, Pawel Zerka June 2021SUMMARYEurope is at ever greater risk of economic coercion from other powers.To protect itself, the EU could adopt a new anti-coercion instrument (ACI) to allow it to impose economic countermeasures.The ACI needs to enable countermeasures that are both effective and credible; if it does not, this could carry more risks than benefits.These