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Italy’s Crippling Costs of SuperYachts Sanction
A Russian invasion of Ukraine created sanctions unlike anything Russia had ever seen from the west. As a result of these sanctions, we look at the crippling costs of Millions of euros the Italian Government are paying to keep assets frozen.
As Russian tanks rolled over Ukraine’s border in February 2022, the west looked at ways to retaliate without starting world war III. A raft of unprecedented sanctions were placed on Russia by the US, the EU and the UK plus other Western countries to try to make them reconsider. Russia, no stranger to sanctions from the West could not have expected the sanctions to be as expansive as they were.
In this video we look into the mounting costs of maintaining the assets seized by Italy.
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