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Terrorist attacks showed that Europe faces new security challenges. How terrorist networks develop and maintain depends on their funding. The authors focus on the financial aspects of terrorism. They analyse different methods of funding and suggest perspectives to combat terrorist activities.

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Terrorist attacks in Norway, Germany, Belgium, Holland, France and Turkey showed that Europe faces new security challenges. Based on their purpose, terrorist organisations vary widely: They range from large state-like structures to small, decentralised and self-directed networks. How these networks develop and maintain depends to a large degree on their financial sources and funding. The authors look at those aspects of terrorism. They analyse different methods of funding - how terrorist organisations, terrorist cells and individuals raise, move and spend money to support or carry out terrorist activities. The study also takes international responses into account to combat the funding of terrorism.

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Conceptual, Scientific and Institutional Determination of Modern Terrorism - Financing Terrorism - International Response to Financing Terrorism - Financial Intelligence Units

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Ivica Simonovski received his PhD in International Politics at the Faculty of Law, Saints Cyril and Methodius University of Skopje. He is the Co-Founder of the Cyber Security, Corporate Security and Crisis Management Initiative (C3I). This non-governmental organisation focuses on raising public awareness of phenomena which are related to human security and privacy, among others electronic transactions and money laundering as well as terrorism and financing of terrorism.

Zeynep Ece Ünsal studied Business Administration as well as European Union and International Relations at the Baskent University in Ankara (Turkey). She received her PhD in International Security and Terrorism from the Defence Sciences Institute at the Turkish Military Academy in Ankara. Her research areas are international security, terrorism, international organisations and the European Union. She is the chairperson of CSRC-Global, a non-governmental organisation focused on security and terrorism issues especially in the cyber area.

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