Italy looks to be determined to act as a mediator with regard to restrictive measures imposed on Moscow. Former Italian PM, Matteo Renzi already made it clear that he was concerned with sanctions, which are costly and inefficient.

In the meanwhile Russia has coolly charted its own course. However in the meanwhile the sanctions have badly effected relations between local businesses and their partners in Russia. In October last year, the EU failed to impose additional restrictive measures on Moscow due to Italy’s firm opposition, leading to that “the previous sanctions” in place could only be extended for 6 months.

BHZ / AA Magnum News 2017.

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