Are either markets in a position to take on Ukraine in the state it is in, who knows fully.
Russia also have a vested interest in parts of the Ukraine and the EU has none, beyond growing the members list realestate wise. The part of the country Russia has a vested interest is also the part that wants to be apart of the Russian market, so whilst democracy does play a part it does get down to a yes or no type approach in choice. Which is perhaps the real issue in how it is applied and for Ukraine I can see the country splitting into two, appeaseing both mindsets with regards to economic market.
I just hope Ukraine has a say and allows the logicle approach that appeases the people in a way that could appease both and place the country into a unique position which would enable it to gain from the Russian and the EU market. But sadly other contries will want to show face, even if not effected and this may cause esculation and force Ukraine into a position that blinds it from looking at all options and what might be the best choice and a slice of each cake. But it would be nice if that chocie was enabled. We have Russia standing by the Russian market embracing and the EU and USA in effect behind the rest.
Either way, if the pissfest by the World leaders progresses then Ukraine will be sadly left out of debating what happens in its own country, nomatter what the people want and when it is near a 50/50 split then maybe that would be better way on many levels and keep all happy. But if done wrongly then it will be East/West Germany and a step back in progress in diplomacy for many years.
Still, however you feel, it is one news item that will rollon for a while. Heck if Scotland can vote for independance the maybe part of Ukrain needs to be allowed the same and save many milatary operations. Though not seen any World leader suggest that avenue of progress as some seem stuck in the cold war mentality or at least there advisers are.