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.

View all 199 updates ›

Kremlin: Peace talks do not address Ukraine territory

A Kremlin spokesman has said Russia's proposal for a ceasefire in Eastern Ukraine does not seek to address the status of the territory, according to the Russian News Agency Interfax.

This is not a comprehensive plan. This is a proposal on priority measures and everything else is an issue for further negotiation.

– Kremilin spokesman Dmitry Peskov as quoted by Interfax

More on this story