Russia analyst: New sanctions are 'pinpricks' for Russia

(CNN) – The big question: Will the sanctions President Barack Obama and the European Union announced Monday change what Russian President Vladimir Putin and the Russians do in Crimea and Ukraine?

"I hardly think that's a possibility," says CNN analyst and Russian journalist Vladimir Pozner. "Quite frankly, thus far at least, these are pinpricks."

Western powers slapped sanctions on more than two dozen Russian officials and their allies in Ukraine's Crimea region Monday, while Ukrainian officials vowed they would never accept the territory's annexation by Russia.

Putin, in turn, is expected to sanction U.S. senators and officials, according to The Daily Beast.

"From the outset, Putin has said, you apply sanctions to us, we apply sanctions to you," said Pozner.

"It's a tit for tat situation and a little bit of child's play," said Pozner.

For more of our interview with Russia analyst Vladimir Pozner, check out the video above.