Once a sun-drenched playground for the oligarchs, Italy has shown Kremlin backers the cold shoulder by freezing more than €2 billion in Russian assets. Rome s
Italy has frozen Russian oligarchs assets valued at around 2 billion euros ($2.5 billion) following the invasion of Ukraine last year, the country s central bank said on Tuesday.Italy seized assets including bank accounts, luxury villas, yachts and cars as part of the European Union s sanctio
Italy Has Frozen Russian Oligarchs Assets Worth $2 5 Billion usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
As part of the EU sanctions imposed against Moscow following the invasion of Ukraine, Italy has frozen assets belonging to Russian oligarchs totaling approximately €2 billion ($2.18 billion), The Guardian reported on July 4. These include bank accounts, luxury villas, yachts, and cars.