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

Ukrainian President Volodymyr Zelenskyy comments mark the latest move in a weekend-long exchange of proposals from both sides on the next steps in the U.S.-led peace effort.

Volodymyr Zelensky has accused Vladimir Putin of being “scared” to meet him for talks in Turkey this week to end Russia’s war in Ukraine.The Ukrainian president has warned that he will only attend the high-stakes talks if Mr Putin also attends,

ANKARA - Turkish President Recep Tayyip Erdogan reiterated his support for a ceasefire between Russia and Ukraine during a meeting with NATO Secretary General Mark Rutte in Ankara on Tuesday, according to the Turkish presidency.

The announcement was made by leaders of Britain, France, Germany, Poland and Ukraine after a meeting in Kyiv, and a phone call with President Trump.

Three-day ceasefire in Ukraine that was unilaterally declared by Russian President Vladimir Putin last month was set to come into effect at 5 p.m. ET on Wednesday (midnight Moscow time), as Russia prepares to mark the anniversary of its World War II Victory Day on Friday.