The current crisis and pause in development of the EU–Russia relations provide a unique chance to shed the burden of past problems and start new relations from scratch. Both sides should sort out their values and get rid of the ballast generated by the bureaucratic inertia or false understandings of partnership. Russia and Europe are unlikely to evolve a common vision for the future. Their future is not in unity but in co-existing next to each other. It is time that Russia and the EU clearly formulate their real interests and try to make relations predictable. To achieve this, however, both sides need to answer some basic questions.