This does not prevent the country from having to pay almost 27 percent of its estimated budget income in 2012 for Russian gas.

Under Mr. ex-KGB Putin, Russia is doing the only thing its leadership can envision: a push back to the Soviet sphere. Step one: make the nearby states dependant. Belarus, check. Ukraine, in progress.

Given this still obvious fault line, I wonder how Euro 2012 will play out. PL and UA should grow closer with it.