Germany appears especially reluctant to ratchet up sanctions. That is not surprising, as German exports to Russia totalled 38bn euros (£30bn; $51bn) in 2013 - the highest in the EU.
More importantly, Germany gets more than 30% of its oil and gas from Russia. The Netherlands and Italy are also highly dependent on Russian energy and some of Russia's former Soviet bloc neighbours rely 100% on its gas deliveries.
The EU's trade with Russia - worth nearly 270bn euros in 2012 - dwarfs US-Russia trade.
The downing of MH17 was indeed a “game-changer” as many Western leaders have called it, Russian Ambassador to the EU Vladimir Chizhov told CNN’s Christiane Amanpour on Tuesday.
“I agree it’s a game-changer,” he said. “It should serve as a wake-up call for everybody to stop instigating violence, stop supporting the Ukrainian government in its military campaign against civilians.”
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Nonetheless, President Putin has said that in fact Ukraine is at least indirectly to blame for the downing of the civilian airplane, because, he alleges, of its continuing offensive against pro-Russian separatists.
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