OK, let me get this straight... Baltic states have more importance because they are part of NATO and EU. Georgia wants to become part of NATO, French and German president block MAP and Russia pretty much uses this to invade the country...
The bottom line is; no one asks Europe to sever all relations with Russia, but there are tons of things in between you can do. e.g. Austria is a headquarter of one of the larger real estate companies which is purely FSB shop - why don't you guys investigate them. Because there was no FCPA type legislation in Europe, a lot of European companies, including, BTW very prominent Austrian banks have engaged in a rather questionable transactions with countries of former Soviet Union - why wouldn't you now investigate of all of this under new AML legislation which EU seems to be so proud! EU needs to hit them where it hurts the most... and these are not even Russian gas sales but accounts of Russian government officials comfortably sitting in account, including Austrian banks... what's wrong with that... most of that money came from arms trade or illegal activities anyway, so investigating such should not be a problem - in bloody fact that what EU legislation actively calls for!
And lastly, European Parliament certainly does not appear to share your views - see the resolution they adopted just yesterday...