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The cost of a Russian invasion

Crisis has struck in Crimea and spiraled across the Western world, but how far will Russia go?

By Jonathan Eyal  

 

“Russia’s takeover of Ukraine’s strategic Crimea region will neither be accepted, nor go unpunished”

© PA Images 

European Union heads of states and governments are gathering on Thursday for an unprecedented summit to deal with the crisis in Ukraine. In public, Europe and the US are united in demanding that Russia should halt its military intervention, and in warning that Russia’s takeover of Ukraine’s strategic Crimea region will neither be accepted, nor go unpunished.

But with all military options ruled out, the frustration in Europe is palpable: the diplomatic and…

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