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Lew: G-7 United On Possible Sanctions Over Ukraine

Treasury Secretary Jacob Lew said Monday there was "broad and strong unity" within the G-7 for increasing the sanctions on Russia in response to the escalating crisis in Ukraine. "Working with our allies, we are fully prepared to impose additional significant sanctions on Russia as it continues to escalate the situation in Ukraine, including apparently through support to a concerted campaign by armed militants in eastern Ukraine," Lew said in remarks at a brief signing ceremony of a $1 billion U.S. loan guarantee for Ukraine. Lew said the loan guarantee was a sign of the U.S.'s "unwavering commitment" to seeing Ukraine stabilize and move its democracy forward.Copyright © 2014 MarketWatch, Inc....

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