MOSCOW - Russia said Sunday it would not adjust foreign policies over the recent tough statements by some Group of Eight (G8) countries, reiterating its firm position on Ukraine.

"A statement is not a reason for any adjustments ... There have not been any sanctions yet, so no changes are being made," Kremlin spokesman Dmitry Peskov told a local newspaper.

Noting that Russia had "regrets" about Western partners' statements, Peskov said his country is still working with those states "in an orderly manner."

Earlier this week, the White House indicated that Moscow would be booted out of the G8 industrialized nations over handling the Ukraine crisis, and a bill is working through US Congress to enact financial sanctions on Russia.

Germany also said the European Union (EU) would impose further sanctions if there is no sign of de-escalation from Russia over the Sunday referendum in Crimea.

"Let us wait for concrete decisions. So far, there have been speculations in the media, and general statements," Peskov said. "We will assess the risks and consequences involved - not only for us, but also for our partners - after concrete steps are made."

Russian President Vladimir Putin insisted on Sunday in a telephone conversation with German Chancellor Angela Merkel that the Crimea referendum breach no international law and Moscow will respect the choice of local residents.