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European Union Trade Commissioner Karel De Gucht attends a session at The World Economic Forum in Davos on January 25, 2014. After days of focusing on diplomatic issues such as Syria's civil war and Iran's nuclear programme, the spotlight at the World Economic Forum in Davos turns to the economy on the last day, with a host of top central bankers and ministers presenting their forecasts for the global outlook. AFP PHOTO/ERIC PIERMONTERIC PIERMONT/AFP/Getty Images
European Union Trade Commissioner Karel De Gucht attends a session at The World Economic Forum in Davos on January 25, 2014. After days of focusing on diplomatic issues such as Syria's civil war and Iran's nuclear programme, the spotlight at the World Economic Forum in Davos turns to the economy on the last day, with a host of top central bankers and ministers presenting their forecasts for the global outlook. AFP PHOTO/ERIC PIERMONTERIC PIERMONT/AFP/Getty Images

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CNN's Richard Quest speaks to EU Trade Commissioner Karel De Gucht about their efforts to aid Ukraine.

EU: Putin must de-escalate the situation

CNN's Richard Quest speaks to EU Trade Commissioner Karel De Gucht about their efforts to aid Ukraine.