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Italy says EU countries need to move quickly on sanctions against Russia
European Central Bank President Mario Draghi is not expected to make huge policy moves despite the current deflationary situation, October 2, 2014. u00e2u20acu201d Reuters pic

BRUSSELS, March 7 — Italy’s Prime Minister today called for countries of the European Union to act swiftly with sanctions against Russian people and entities following Moscow’s attack on Ukraine.

"And now we have to act, all of us, with speed on this point,” Mario Draghi said in Brussels speaking at a conference with European Commission President Ursula von der Leyen.

On Saturday, the Italian government said police seized villas and yachts worth €143 million (RM652 million) from five high-profile Russians who were placed on sanctions lists following Moscow’s attack on Ukraine. — Reuters

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