EU Prepares Extensive Sanctions Against Russia Amidst Stalled Negotiations

TL;DR;

The EU is preparing a large set of sanctions against Russia due to the war with Ukraine. European leaders met to discuss security concerns and potential responses, including sanctions on Russia's energy sector and banks. Russia's refusal to engage in meaningful negotiations has led to increased pressure from European and US leaders, with discussions focusing on ceasefire terms and prisoner exchanges. Russia is setting maximalist demands and threatening to seize more regions.