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The situation in Ukraine cuts to the heart of the EU's promise -- and challenges -- as a foreign policy actor. The union still has a powerful pull for many countries, but it is sorely limited in its ability to respond to crises. It might not be able to wrest Crimea forcibly from a determined Putin, for example, but its emphasis on human security and international law will have a stealthy impact on Ukraine's evolution for years to come.
Further European financial and political integration would be incredibly difficult to achieve, but it may be the only way to make the EU viable in the long run.
An annotated Foreign Affairs syllabus on the European Union.