Economics

EU Stands by Sanctions on Russia After Ukraine Truce Sealed

Russia-Ukraine Cease-Fire: What Did Putin Agree To?

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European leaders said Russia will have to wait for relief from economic sanctions, reflecting concern that Thursday’s cease-fire agreement will only mark a pause in the war that has devastated eastern Ukraine.

The accord was struck after more than 18 hours of non-stop talks between Ukrainian President Petro Poroshenko, his Russian counterpart Vladimir Putin, German Chancellor Angela Merkel and French leader Francois Hollande. It envisages a truce from midnight at the start of Feb. 15 and reaffirms some commitments from a failed September bid to end the conflict that has devastated eastern Ukraine.