The European Union will take up the crisis at a meeting Thursday and `` will decide about consequences for relations between the EU and Russia -- such as suspending bilateral talks with Russia on visa matters , and considering targeted measures '' -- if Russia does n't begin `` de-escalating steps , '' Hague said . China distances itself from Russia 's troop surge , says Russia is n't faultless . World markets nosedive but bounce back as Putin says Russia wo n't claim Crimea . Can German Chancellor Angela Merkel pull off a role as a liaison to Putin ? European Union will look at it if Russia does n't stand down .
China distances itself from Russia 's troop surge , says Russia is n't faultless . World markets nosedive but bounce back as Putin says Russia wo n't claim Crimea . Can German Chancellor Angela Merkel pull off a role as a liaison to Putin ? European Union will look at it if Russia does n't stand down .