London, Aug 27 : The situation in Russia is reflective of the crisis on the eve of World War I according to Nato ambassador, Dmitry Rogozin.

According to the Mirror, Rogozin said that the current atmosphere reminded him of the situation in Europe in 1914.

The Russian President Dmitry Medvedev has stated "We''re not afraid of anything, including the prospect of a Cold War," following the Kremlin’s declaration of South Ossetia and Abkhazia as sovereign countries