(QHA) -

The European Union is planning to add five more people and Russia's Sberbank and VTB Bank on its sanctions list of Russian companies and individuals, "The Wall Street Journal" reports.

The report on wsj.com late last night was based on diplomatic sources and said the EU sanctions would limit the operational ability of major Russian banks, including Sberbank and VTB Bank.

The newspaper did not give the names of the people who the diplomatic sources said would be added to the sanctions blacklist, but they were reported to be Russian oligarchs who have supported pro-Russian separatists in eastern Ukraine.

The report said the measures are part of a plan to increase pressure on Russian President Vladimir Putin, who the United States and the EU accuse of providing training, personnel, and weapons to the separatists.