European leaders give Russia one week to scale back its intervention in Ukraine – or face fresh economic sanctions. European leaders order officials to make urgent preparations for a toughening of measures, likely to target senior Kremlin figures as well as the defence, energy and financial sectors. Barroso:
We are in a very serious, I would say, dramatic situation … where we can reach the point of no return. If the escalation of the conflict continues, this point can come.