Europe's Plan for Putin: Will Russian Leader Bend After New Sanctions?

Is the European Union ready to put its money where its mouth is? EU leaders have been preparing sanctions on entire sectors of the Russian economy - everything from energy to armament. So far, economic interests have mostly trumped all other considerations - it's hard to ignore that €1.1 billion French contract to supply the Kremlin with two state-of-the-art Mistral warships, after all. So, will new sanctions force Putin to raise the white flag or dig in his heels?