While I like the sentiment, we have to be somewhat pragmatic. The sanctions on Russia have had a deep impact on the EU economy, mainly the energy crisis and other connected systemic consequences. Germany and much of central and eastern EU became highly dependent on Russian natural gas over the last 20 years, and higher energy prices in general have been quite harmful to the already precarious industrial and agricultural sectors (high-tech farming as in NL, while quite profitable, is very energy intensive and sensitive to tightening margins).
Most of EU (and UK) is on (or near) recession right now, except for some southern EU countries which are doing surprisingly well, although relative to a long period of hardship after the 2008 crisis. It's not an acute recession, but there's no clear way out of this stagnation on the horizon, and the people are really starting to feel the squeeze.
Of course, the root cause of this is much deeper, the Russia situation was just the spark. EU industry has been complacent for decades, believing that while less competitive on costs and scale we still had the technological edge, which ironically led to severe underinvestment in R&D. And giving up on nuclear is backfiring badly too.
I do think the (shrinking) majority still believes that the (limited) actions against Russia were worthwhile, since they are not threatening sovereignty in general, they are threatening EU's territorial integrity at our doorstep. It is unacceptable, and while it is a heavy price, not retaliating would have much more catastrophic consequences.
But cutting off trade with US over Venezuela? Forget about it, EU's dependency on US is orders of magnitude higher than it was with Russia, it would be absolutely deadly to the EU economy.
Most of EU (and UK) is on (or near) recession right now, except for some southern EU countries which are doing surprisingly well, although relative to a long period of hardship after the 2008 crisis. It's not an acute recession, but there's no clear way out of this stagnation on the horizon, and the people are really starting to feel the squeeze.
Of course, the root cause of this is much deeper, the Russia situation was just the spark. EU industry has been complacent for decades, believing that while less competitive on costs and scale we still had the technological edge, which ironically led to severe underinvestment in R&D. And giving up on nuclear is backfiring badly too.
I do think the (shrinking) majority still believes that the (limited) actions against Russia were worthwhile, since they are not threatening sovereignty in general, they are threatening EU's territorial integrity at our doorstep. It is unacceptable, and while it is a heavy price, not retaliating would have much more catastrophic consequences.
But cutting off trade with US over Venezuela? Forget about it, EU's dependency on US is orders of magnitude higher than it was with Russia, it would be absolutely deadly to the EU economy.