Moscow on Monday hit out at the European Union and the United States after they adopted their latest packages of sanctions against Russia for its military intervention in Ukraine.

Kremlin spokesman Dmitry Peskov told reporters the European Union's latest round of sanctions, which was adopted last week, was "absurd".

Peskov said Western countries were struggling to find more people and entities to punish.

"That explains the illogical listing of individuals and entities," Peskov said.

"We are talking about such accomplished people and for them, inclusion in the lists will not cause any discomfort," he added.

The latest EU sanctions target dozens of Russian businesses and state agencies including three Russian banks.

Being on the list means an asset freeze in the EU and a visa ban.

The new US penalties, which are targeting sectors including banks, mining, and the defence industry, will hit more than 200 individuals and entities, including both Russian and third-country actors.

"We are preparing responses by creatively using our experience," Moscow said.

"Russian counter-sanctions will continue to be built on the principle of strict reciprocity."