![]() ![]() "The move to sanctions is so enormous and consequential that we know we must always give Russia a chance to return to diplomacy and the negotiating table," she said. Ukrainian President Zelenskyy had called for immediate sanctions on Saturday. ![]() ![]() She added that sanctions would not be imposed until after an invasion. Von der Leyen went on to say that sanctions would be imposed on "all goods we make that Russia urgently needs to modernize and diversify its economy, where we are globally dominant and they have no replacement." "Russia would in principle be cut off from the international financial markets," von der Leyen told German public broadcaster ARD. EU chief: Russia could lose financial market accessĮuropean Commission President Ursula von der Leyen said on Sunday that Russia would be cut off from international financial markets and denied access to major export goods if it invaded Ukraine. The two leaders discussed the "need and possible ways of immediate de-escalation," Zelenskyy wrote on Twitter.Įarlier, Zelenskyy called on Putin to meet him and seek a diplomatic resolution to the crisis. Macron then called Ukrainian President Volodymyr Zelenskyy, just a day after Kyiv said it would not respond to what it called Russia's "provocations," according to the Elysee, and remained open to "dialogue" with Moscow. Moscow said the talks would take place in the Normandy format, meaning with representatives of Russia and Ukraine under Franco-German moderation. The pair agreed on "the need to favor a diplomatic solution to the ongoing crisis and to do everything to achieve one," Macron's office said, adding that both countries' foreign ministers would meet "in the coming days."Īccording to the Kremlin's version of the call, Putin blamed Kyiv for a military escalation in eastern Ukraine and agreed on the need to "intensify efforts to find solutions through diplomatic means." ![]() Biden says US believes Putin has decided to invade Ukraine A need 'to intensify' diplomacyĮarlier on Sunday, Macron and Putin agreed to intensify the search for solutions to the Ukraine standoff during a nearly two-hour phone call. ![]()
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