As I said earlier, the report is actually by the European Leadership Network, not the organisation quoted by Gromit.
I, actually, am not worried either, in the sense that I do not think that for all Russia's rather pathetic shows of "force" they intend to launch any sort of attack. It would be the end of them and they know it.
However it is very bad news indeed if you are unfortunate enough to live in one of the ex-Soviet republics west of Moscow, especially the non-NATO protected ones, because there - in Ukraine as in Georgia before, the threat is very real indeed.
The ceasefire in Ukraine, if it ever truly existed, is about to collapse. All indications are that Aleksandr Zakharcheno, the leader of the Donetsk so-called "People's Republic" (terrorist-controlled enclave in normal language) is going to carry out his threat to invade further swathes of Donbass territory, boosted by massive reinforcements of weaponry and manpower from over the border.
I agree that the West, in particular the EU, has been feeble indeed in its response in comparison with what should be happening, but nonetheless the response I suspect has been more robust than Putin anticipated. Russia's economy is in meltdown: pension funds and all sorts of other sources are being raided to keep their banks and energy companies in loans and investments, and to subsidise the illegal occupation of Crimea, not to mention their covert war in the Donbass. If anything the activities alluded to in the report show Russia's anger and displeasure at what the west has done.