Russia could face new sanctions if no ceasefire: Macron.

French President Emmanuel Macron has said that he was in favour of imposing new sanctions on Russia in the coming days if Moscow failed to agree to a ceasefire, mentioning financial services and oil and gas as possible targets.

The leaders of Britain, France, Germany and Poland said on Saturday that Russia would be hit by new punitive measures if it did not heed calls for a 30-day ceasefire within days. That pledge failed to move Putin, who instead called for direct talks with Ukraine in Istanbul on May 15. US President Donald Trump backed that call, undermining the European leaders' efforts to show Trump was firmly on board with their threat.