The raids were the culmination of an investigation codenamed Pollino that was launched in 2016 against the 'Ndrangheta criminal group on allegations of cocaine trafficking, money laundering, bribery and violence, said Eurojust, the European prosecution agency that fights cross-border organised crime, which coordinated the operation.
"Today, supported by a coordination center at Eurojust, judicial and law enforcement authorities from the Netherlands, Italy, Germany and Belgium are now executing arrests and seizures against a 'Ndrangheta criminal group involved in cocaine trafficking, money laundering, bribery and violence", Wednesday's statement read.
The crackdown on the powerful organised crime syndicate based in Calabria, southern Italy, came just a day after Italian police arrested the new boss of the Cosa Nostra Sicilian mafia and dozens of other suspects in a major operation. Cocaine and ecstasy pills also were seized in Wednesday's raids.
He said the "unprecedented and extraordinary result", the fruit of a two-year operation, targeted "dangerous members of the 'Ndrangheta family deeply involved in drug trafficking and money laundering".
Italian police said the sweep targeted the 'Ndrangheta and its "projections across South America".
Speaking in The Hague, Cafiero de Raho said the arrests "are nothing for 'ndrangheta".
More than 80 people with suspected links to the 'Ndrangheta Mafia - considered one of the world's largest organized crime groups - have been arrested during raids in six European countries and in the South American country of Suriname.
Officials hailed Wednesday's operation - dubbed "Operation Pollina" - as a serious blow to the group.
The operation's success sent a "clear message to organized crime groups across Europe", Spiezia said.
As well as arresting dozens of suspected mobsters in Italy, Germany, Belgium and the Netherlands, police seized drugs and around 2 million euros ($2.3 million).
According to reports, Italian restaurants and ice cream parlors were used to launder money as well as several businesses and homes across four countries.
Germany's Der Spiegel reported that the German operation was mostly concentrated in North Rhine-Westphalia - a stronghold for the mafia - and involved 240 police and another 240 support staff from the federal criminal agency.
"This is just a first step", said Cafiero De Raho, and added that "currently in Italy, we have 25 billion euros in assets that have been seized from 'Ndrangheta and other criminal organizations, and probably there will be another 25 billion seized".
Just under half of the suspects were detained in Italy.
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