For nearly 97% of Crimeans, there's no going back. Russian speakers have been celebrating a "yes" vote in a referendum that paves the way for a reunification with Moscow. Crimeans seem undeterred by Western condemnation and the threat of sanctions; sanctions that target Moscow. It has been said this is a fight that matters more to Vladimir Putin than to Europe and the US. But what are the ultimate consequences of giving ground?
Associate Professor of Economy at University Paris Est, Créteil
Former advisor to Helmut Kohl
Director, Institute of Political Studies in Moscow
Member of the Wall Street Journal Editorial Board