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Reuters
Reuters
Business

Italy's Draghi says ready to step up curbs on Russia, hit oligarchs

FILE PHOTO: Italian Prime Minister Mario Draghi makes a statement on the Ukraine crisis, in Rome, Italy, February 24, 2022. Remo Casilli/REUTERS/Pool

Italy is ready to impose further sanctions on Russia after its invasion of Ukraine, including targeting its oligarchs and increasing pressure on the central bank, Prime Minister Mario Draghi said on Tuesday.

Draghi also condemned Russia for putting its nuclear deterrent on high alert, telling parliament that this amounted to blackmail and showed the effectiveness of the resistance to the invasion launched last week by President Vladimir Putin.

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