"Economic fragility and domestic mismanagement have plagued Ukraine since it gained independence from the Soviet Union in 1991. Despite boasting a skilled, educated work force and vital natural resources such as metals, minerals and agriculture, the country has struggled to sustain economic growth. Meanwhile, corruption and institutional inefficiency remain major problems hampering the development of the state, making it impossible for governments over the years to implement much-needed reforms.'

This report assesses the relationship between Europe and Russia as the sum of great power reactions to the Ukrainian crisis and Russia's annexation of Crimea. Despite agreement on a no business-as-usual principle, important national nuances have arisen stemming from different historical bonds to eastern Europe and Russia (Germany, Poland, United States) or different interests in the region (France, United Kingdom).

"For NATO, the current circumstances call for it to unwind further enlargement pledges eastward as delicately as possible (both Ukraine and Georgia). NATO now should avoid bombastic rhetoric about 'enhanced partnership' because it in reality can offer little more than symbolic embraces."

"Only the EU with its significant economic leverage can match the soft power rivalry with Russia. Unlike other revolutions such as the Arab Spring, the events in Ukraine are highly sensitive to external competition between foreign powers with stakes in the political course the country is taking."