Shadow foreign secretary Douglas Alexander has said that after Russia signed the Geneva accord earlier in the month, they have "since failed to act on its commitments within the agreement, and has taken no public steps to help de-escalate the situation in eastern Ukraine".
He said: "Given Russia's continued actions, the G7 is right to now prepare broader sectoral measures in order to increase the economic and financial cost to Russia of its actions to support the destabilisation of eastern Ukraine.
"The priority now must be avoiding an escalation in the region and securing conditions in which upcoming Presidential elections in Ukraine can take place without the risk of further violence."
European Union foreign ministers added 13 people to their visa ban and asset freeze list over Ukraine's crisis.
Well that’s the voting over, and no surprises so far. A ‘Yes’ vote claimed to be 89% in Donetsk, and suddenly Ukraine is no more.
Nearly 90 percent of voters in eastern Ukrainian region voted for self-rule, the head of the separatist election commission said.