With smart sanctions, targeting financial assets and judicious visa bans, including on members of the Yanukovych family, the West could help to break the status quo in Ukraine, writes Orysia Lutsevych.
'[The Yanukovich government] have put their placemen into the army,' said James Sherr. 'But still the question is what proportion of units would obey such orders?
'The UK would like to lead the shale gas revolution in Europe,' said Paul Stevens. 'But, if the UK can’t get this going, partly because of the environmental opposition, then that means Europe is even less likely to see result.'
If the EU now fails to respond in an effective and decisive manner, its international credibility and soft power will take a further hit, writes Orysia Lutsevych.