REPORT: Italy Scored ‘Gucci Loafers’ Carve-Out In Russian Sanctions

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Italy allegedly managed to secure a carve-out of one of its biggest industries in the sanctions the European Union levied on Russia, The Telegraph reported Friday.

“Italian prime minister Mario Draghi successfully secured a carve-out for Italian luxury goods from the EU’s package of economic sanctions against Nato,” Telegraph reporter Joe Barnes tweeted. He alleged that “multiple sources” reportedly confirmed luxury goods were excluded from the package after lobbying from Draghi.


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