Italy to Hit Ukraine with Economic Sanctions

Italian government says it intends to use economic sanctions against Ukraine. According to the embassy of Italy in Kiev, this is going to be done in conformance with the recommendations of the Financial Action Task Force on Money Laundering (FATF). Rome says that, 'Only tough measures may induce Kiev to do something positive about illegal financial scheming.'

The US, Canada, Great Britain, Germany, Sweden, Austria, Finland, and Switzerland have already enacted economic sanctions against Ukraine.