Winners and Losers

In Maidan, Mykola Malukha considers the winners and losers in the Gas War, and concludes:

In the final analysis, as a result of the resolution of the conflict and conclusion of a new agreement on the transportation of gas to Ukraine, Russia has won, if at all, in the financial sense (though with certain reservations). However in the geo-political and geo-strategic plan Moscow has come out the loser, not merely because it didn’t achieve its own objectives, but it also spoiled its reputation and once and for all “convinced” Ukraine that its European-Atlantic course is right on track.

The details of his arguments are well worth reading.