Bloomberg learned about Italy's request to the EU to exclude the energy sector from sanctions

Rome fears that sanctionsagainst Russian energy will have the opposite effect. Also countries, including France and Germany,

Several European countries have expressed fears at once that the sanctions that could be imposed against RUSSIA in the event of its invasion of Ukraine will affect their economies, writes BLOOMBERG. In particular, Italy asked the EU to exclude the energy sector from the sanctions package.

According to the agency, Italian Prime Minister Mario Draghi held talks with partners in the European Union on how to reduce the impact of sanctions on key sectors of the Italian economy, including, possibly, bringing energy out of restrictions. In January, Rome sent an informal message to the European Commission outlining its concerns about the possible backlash of the sanctions.

In addition to the energy sector, Italy also fears for its luxury goods market, writes Bloomberg. The authorities asked the EU to develop a compensation mechanism that would help soften the blow.

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In addition, Italy, as well as Germany, are trying to protect their banking sectors, the agency notes. Instead of sectoral sanctions, Rome proposes to impose restrictions on individuals. Germany, France, the Netherlands and Poland are among the EU countries that are concerned about the consequences of the sanctions on sectors such as energy, raw materials and financial institutions, adds Bloomberg.