Since Ukraine gained independence with the collapse of the Soviet Union, its government has distinguished itself by corrupt, dysfunctional, and occasionally comical misrule. Nevertheless, the well-endowed country of forty-six million has enormous potential. As has often been noted, without Ukraine Russia will remain an upper mid-level power; with a subservient Ukraine firmly in its sphere of influence, Russia could hope to reclaim its status as a great power.
Ukraine-European Union Relations
Huffington Post: Ukrainian Debacle
Ukraine's decision to freeze its signing of a trade and cooperation agreement with the European Union in favor of a closer relationship with Russia constitutes a stunning triumph for Russian President Vladimir Putin, a major geopolitical defeat for the West, a stinging rebuke to the EU, and a tragedy for the long suffering Ukrainian people, a strong majority of whom see their country's destiny as part of Europe.