Russia says EU 'against peace' as US backs new sanctions

The Russian Foreign Ministry said the European Union has "made its choice against" a peace process in Ukraine by approving tougher sanctions against Russia.

President Barack Obama said the United States will join the EU in imposing sanctions on Russia's financial, energy and defence sectors after Moscow sent troops into eastern Ukraine last month.

David Cameron has spoken to European leaders and agreed to push ahead with the sanctions by the end of the week, his spokesman has confirmed.

After the announcement the Russian rouble reached a new historic low against the dollar.

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  1. Carl Dinnen

UK pursuing sanctions against those close to Putin

Downing Street wants to ramp up the sanctions against Russia but that's not going to happen here tonight. The groundwork for new sanctions has not yet been done.

Prime Minister David Cameron speaking to reporters after arriving at the EU summit in Brussels

The UK government wants the European Union to look at new ways of targeting individuals close to President Putin and the defence, finance and energy sectors.

These are broadly the areas where sanctions are already in place. But are they working? The Russian economy has been hit, the Rouble is at its lowest point since 1998, shares are falling.

Government sources say the Russians have been more willing to negotiate since the latest round of sanctions. But they also admit that the sanctions have yet to change the situation on the ground and that's why more are needed.

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