EU considering joining United Kingdom and United States to impose new sanctions against Russia

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The European Union is discussing a possible new round of economic sanctions against Russia with the United States and Britain, but no decisions will be taken on Monday, the bloc’s top diplomat said.

The EU and the United States imposed economic sanctions on Russia in July 2014, targeting its energy, banking and defence sectors, and is considering further measures if Russia tries to invade Ukraine after a troop on its borders.

“We are in deterrent mode,” Josep Borrell told reporters as he arrived for a meeting of EU foreign ministers in Brussels.

“In any case we will send a clear signal that any aggression against Ukraine will have a high cost for Russia… We are studying together with the U.S. and the UK what (sanctions) could be, when and how, in a coordinated manner.”