Abstract
The relationship of the European Union and Russia as historically close and not
 having an alternative is considered based on the analysis of various treaties,
 agreements and programs between the EU and the Russian Federation. It is
 shown that their potential has not yet been using a fully and is being
 implemented in the interests our nations and citizens. Importance for Russia
 partnership with the European Union was once again confirmed after the
 presidential elections in Russia. Guidance documents and Decrees of the
 Russian President and the Government of the Russian Federation, aimed at
 creating the most effective forms of cooperation and integration in Europe were
 considered. Issues stabilization of financial systems and the modernization of
 the economyhave been discussed.
 Despite the intervention of politics in economic relations between Russia and
 the EU, the impossibility of preserving the old paradigm of «strategic
 partnership», there is the prospect of restarting relations based on respect for
 the interests of both parties and mutually beneficial cooperation.
 The paper investigates how perceptions of each other all over the Europe can be
 improved using both application of legal instruments and effects of traditional
 research and development activity in different humanitarian and educational
 programs.
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