Gold Dispute: Is Italy Preparing a National Bullion Reserve?

Bank of Italy duty to manage its gold reserves- Lagarde

European Central Bank President Christine Lagarde said Wednesday that the Bank of Italy should hold and manage its gold reserves when asked about a draft provision stating that those reserves belong to the State. (ANSA)

Gold Dispute: Is Italy Preparing a National Bullion Reserve?

The government of Giorgia Meloni is planning to transfer the enormous gold holdings of the Italian central bank to the state. At the same time, citizens will be asked to legitimize undeclared private gold through a one-time levy. Italy is pursuing a ...