The British Prime Minister David Cameron and Russian President Vladimir Putin have agreed to find a diplomatic solution to the situation in Ukraine.

In a telephonic talk‚ David Cameron urged Vladimir Putin to de-escalate the situation in Ukraine and support the formation of a contact group to have direct talks between the governments of Russia and Ukraine.

Vladimir Putin promised to consider the proposal on establishment of a contact group.

The two leaders also discussed the economic challenges facing Ukraine and agreed that the international community would need to provide financial support in the months ahead.

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