Italian political leader suggests taking control of gold away from central bank

Salvini says selling off part of reserves to finance policy is “interesting idea”

Bank of Italy
Photo: Aleksandrasana/Wikimedia Commons

The leading politician in Italy’s coalition government has said the state may take control of the country’s gold reserves away from the central bank, locally-based reporters said.

Italian deputy prime minister Matteo Salvini made the remarks to journalists in Rome on February 11, in the latest round of an increasingly public dispute with the Bank of Italy, the Financial Times reported. Salvini said “the gold is the property of the Italian people, and not of anyone else”.  

He also said that

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