German Chancellor Angela Merkel has said further economic sanctions against Russia are not planned over its actions in eastern Ukraine, reports GHN based on BBC.
EU foreign ministers are to discuss sanctions next week and monitors say a ceasefire between pro-Russian rebels and Ukrainian forces risks unravelling.
But Mrs Merkel said that while the ceasefire was not being respected the focus was on securing a real truce.
EU sanctions were first imposed when Russia annexed Crimea in March.
Further measures have since been added since, targeting senior Russian officials, as well as Russia's oil industry, defence firms and banks.
Western governments and the Ukrainian authorities in Kiev have accused Russia of supplying the separatist rebels in eastern Ukraine with heavy weapons and soldiers, a claim denied by the government in Moscow.
Russia's envoy to Brussels, Vladimir Chizov, said on Tuesday that EU was "close to exhausting its sanctions potential, both in terms of political will and of its own economic opportunities".
He told Tass news agency that the 28-member bloc needed a consensus to either cancel the sanctions or introduce new ones, and he could not see a consensus to cancel them.