When I look at the options used from Internet Explorer for the cookies, I read the following description:
Blocca i cookie di terze party privi di una versione compatta dell'informativa sulla privacy.
The screenshot has been taken from Internet Explorer 9, but that sentence was used also in previous versions. This is the screenshot for the English version.
The sentence that isn't clear to me is Blocks third-party cookies that don't have a compact privacy policy.
From that description, it seems the cookies should include a compact description of the privacy informative, but I don't get how cookies can contain that information, or what happens with cookies set from sites outside the European Union.
What cookies are exactly blocked?