EU Said to Expand Russia Sanctions After Putin Holds Firm

European Union governments are set to impose their broadest sanctions yet against Russia, punishing President Vladimir Putin for flouting an ultimatum to end the rebellion in Ukraine, a draft document showed.

EU leaders meeting in Brussels later today may agree to penalize Russian companies, halt lending for investment projects in Russia, stop bilateral cooperation programs and further clamp down on commerce with Crimea, according to the draft statement obtained by Bloomberg News.