German Chancellor Angela Merkel announced Thursday that the European Union will discuss further sanctions against Russia on its special summit in Brussels Saturday.
"We want diplomatic solutions and we will persist in our efforts. However, we realise that things have deteriorated again in the past few days," Xinhua quoted Merkel as saying during a press conference, referring to the latest reports of Russian troop's incursion into Ukraine.
Merkel's words came as tensions escalated in eastern Ukraine.
Ukraine and the West Wednesday accused Russia of launching a new incursion into Ukraine by sending its troops and hardware in the Donetsk region. Russia, however, has denied the charges.
Earlier Thursday, Ukraine's National Security and Defence Council said "Russian troops" have captured the Ukrainian key port of Novoazovsk and several towns and villages in Donetsk region.
Ukrainian President Petro Poroshenko has canceled his planned visit to Turkey amid the deepening turmoil.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app