The latest on the Ukraine-Russia crisis

Russian President Vladimir Putin will deliver an address soon, Russian state news agencies reported Monday.

The agencies in Russia have cited both Kremlin spokesperson Dmitry Peskov as well as a banner on state television.

Putin said earlier Monday he was considering a request from pro-Russian separatist leaders in eastern Ukraine's breakaway regions to recognize them as independent.

The news comes as the United States says it's seeing Russia continuing to prepare for an invasion into Ukraine, with one US official familiar with the latest intelligence saying there has been “no slowdown.”

“Massive” European Union sanctions against Russia in case of a Ukrainian invasion would include the Nord Stream 2 gas pipeline, Austrian Chancellor Karl Nehammer said on Monday, according to a government spokesperson.  

“Russia would in principle be cut off from the international financial markets” if it invades Ukraine again, European Commission President Ursula von der Leyen told Germany’s ARD public television Sunday evening.  

German Foreign Minister Annalena Baerbock said on Saturday that a package of EU sanctions against Russia has been “wrapped up over the last few days and weeks.”  

More on the pipeline: The 750-mile pipeline was completed in September but has not yet received final certification from German regulators. When up and running, it would boost deliveries of gas directly from Russia to Germany.

The United States, the United Kingdom, Ukraine and several EU countries have opposed the pipeline since it was announced in 2015, warning the project would increase Moscow's influence in Europe.

CNN's Ivana Kottasová and Charles Riley contributed reporting to this post. 

There is "strong cause for concern" that Russian President Vladimir Putin is "still committed to an invasion" of Ukraine, UK Defense Secretary Ben Wallace warned on Monday.  

Making a statement to lawmakers in the UK parliament, Wallace said that "all the indicators point to increasing numbers and readiness of Russian forces," highlighting an increase in Russian troop numbers and change in force disposition over the past 48 hours. 

Highlighting that Russia has now massed 65% of its land combat power on the Ukrainian border, Wallace also pointed out the "proliferation of false flag operations, propaganda stunts, and Russian news outlets carrying fictitious allegations." 

The defense secretary urged Putin for "the sake of his own people" to "rule out the invasion of Ukraine" and recommit to diplomatic efforts. 

"We continue to hope […] President Putin will relent and pull back from an invasion, but we must prepare ourselves for the consequences if he does not," Wallace concluded.  

A senior administration official says US President Biden has made no assurances or commitments privately to Russian President Vladimir Putin about Ukraine's NATO membership that he hasn't made in public. 

There hasn't been any position change in the US view of NATO's membership, which is that they remain committed to an open door policy for the defense alliance.

Still, as Biden stated most clearly last month, there is no expectation that Ukraine would be able to join NATO anytime soon.

Earlier Monday in a security council meeting, Russian President Vladimir Putin suggested that Biden had given him an assurance Ukraine would not be admitted to NATO soon and its potential membership might be subject to a moratorium.  

“The American colleague assured me that Ukraine is not going to be admitted [to NATO] tomorrow," Putin said. "Moreover, some kind of moratorium is possible.”

“My answer is simple: We believe that this is not a concession to us, it is simply the implementation of your plans," Putin added.

Before leaving the Munich Security Conference Sunday, Vice President Kamala Harris told reporters, “NATO is a membership — it is about nations coming together as a group, making decisions collectively, around again, principles, and what will be then the conditions and the standards of membership. And so that is the process. It doesn't happen overnight.”

“No one country can say I want to be in, therefore I will be, and no one country can say you can't be. And isn't that at the heart of the very issue we are presented with in terms of Russia's aggression, or stated aggression towards Ukraine," she continued.

CNN's Nathan Hodge and Anna Chernova contributed reporting from Moscow.

Russian Foreign Minister Sergey Lavrov will travel to Paris to meet with his French counterpart Jean-Yves Le Drian on Friday to hold preparatory talks for a meeting between French President Emmanuel Macron and Russian President Vladimir Putin, according to a statement from the French Foreign Ministry on Monday.  

The two presidents have accepted the principle of a summit, but Paris has imposed a pre-condition similar to that from Washington. 

Le Drian also emphasized the need to hold a meeting of the trilateral contact group as soon as possible. 

“The Minister encouraged his Russian counterpart to use his influence with the de facto representatives of the self-proclaimed republics of Donetsk and Luhansk, who are currently refusing to hold this meeting,” the statement read.  

Before coming to Paris, Lavrov is scheduled to meet with US Secretary of State Anthony Blinken in Geneva on Thursday to hold talks in preparation for a potential meeting between US President Joe Biden and Russian President Putin.  

Moscow’s priority is to ensure security guarantees are reached with NATO to maintain peace, “not a confrontation,” Russian president Vladimir Putin said Monday, cautioning however that the admission of Ukraine into NATO would pose a security threat to Russia.

“But we must understand the reality we are living in, and I have said many times already that if Russia faces a threat like admitting Ukraine into NATO, then the threat against our country will be multiplied,” he added.

Speaking during a meeting of Russia’s Security Council in Moscow, Putin noted that “using Ukraine as a tool of confrontation against Russia is a serious and large threat” to Moscow.

“Russia has always tried to resolve all conflicts by peaceful means. Nevertheless, the Kyiv authorities conducted two punitive operations in these territories [Donetsk and Luhansk], and it seems that we are now witnessing an escalation for the third time,” Putin said.

It is not immediately clear what operations Putin was referring to.

Ukrainian officials have denied what has been described as "disinformation" and "deliberate provocations" by the Russian Federation.

US President Biden has no public events on his schedule this Presidents’ Day, but a White House official says he is being briefed “regularly” by his national security team on the Russia-Ukraine crisis on this federal holiday and the White House is “monitoring events closely.”

On Friday, Biden delivered remarks about the ongoing crisis, saying he is now convinced Russian President Vladimir Putin has made the decision to invade Ukraine, but emphasized that room for diplomacy remains.

Ukrainian Foreign Minister Dmytro Kuleba proposed an alternative to possible bilateral talks between US President Joe Biden and Russian President Vladimir Putin on Monday, calling for the inclusion of Ukraine and other allies. 

According to the White House, Biden has agreed “in principle” to a meeting with Putin, providing Russia does not invade Ukraine.

The meeting, according to White House press secretary Jen Psaki, would happen after US Secretary of State Antony Blinken and Russian Foreign Minister Sergey Lavrov meet on Thursday.

Speaking during a news briefing following a meeting of the EU Foreign Affairs Council, Kuleba also announced that an agreement had been reached, in principle, for the EU to “roll out an advisory training military mission” in Ukraine.

“These are not combat forces, this is a new element in the cooperation between Ukraine and the European Union,” Kuleba said.

“The details, the main parameters and the timeline of this roll out are still to be discussed, but it's critical that we open this new page in our relations,” he added.

Russian Foreign Minister Sergey Lavrov said he will meet US Secretary of State Antony Blinken in Geneva on Thursday, in comments at a security council meeting.

What the US is saying: On Sunday, Blinken told CNN that he's planning to meet with Lavrov this week "provided Russia doesn't invade Ukraine in the interim."

He noted that the US "put on the table a number of ideas that we can pursue that would strengthen security" for Russia, the United States, and the rest of Europe.

"That's the conversation I welcome having with Foreign Minister Lavrov. It depends entirely on if Russia invades or not," Blinken said.