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Depending on Putin's moves, however, the wider sanctions regime looked improbable.
"The big unknown is how the wider sanctions scenario will be played out.
It has reimposed visa bans and targeted the bank accounts of officials but, unlike America, has been slow to impose wider sanctions.
The people said the expected settlement, which could come as early as Friday, would include more than $450 million in fines and wider sanctions, the largest penalties to date related to the rate-rigging inquiry.
Germany has previously been seen as one of the countries least eager to impose wider sanctions on Russia, but the issue is likely to be discussed at the next meeting of EU heads of state in Brussels on 20 October.
The programme takes in a new constitution for the NHS, confirmation of a right to seek flexible working for parents, and wider sanctions on the unemployed to make themselves "job ready".
Similar(43)
However the media regulator did not impose any wider sanction or order ITV to refund voters who felt they had been misled.
European foreign ministers imposed EU-wide sanctions on Monday against 21 Russian and Ukrainian officials linked to unrest in Crimea.
He speaks proudly of his role in the imposition of EU-wide sanctions on the brutal regime in Syria.
Should a new government take power in Tripoli, Italy will face tough decisions as regards Libyan assets it was required to freeze under Europe-wide sanctions imposed on the regime in February.
Regularly referred to as Assad's "bagman" – a term for someone used to manage or move proceeds of corruption – Makhlouf has been on the US sanctions list for "benefiting from Syrian corruption" since 2008, and on EU-wide sanctions lists since the Syrian civil war in 2011.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com