Rome, Dec. 3 (LaPresse) – “It is surprising how much alarm has arisen around the amendment presented by Brothers of Italy in the Senate to the Budget Law, which reiterates a normal principle, namely that the gold reserves belong to the Italian people,” says Francesco Filini, Brothers of Italy MP and national head of the party’s program. “Some, in fact, in relation to this measure, see the possibility that the independence of the Bank of Italy could be questioned or even an unlikely violation of European treaties,” he adds. “If that were the case, then the French Central Bank would also be in the same situation, because the French Monetary and Financial Code explicitly establishes in Article 141-2 that the French Bank has the mission to hold and manage the State’s gold reserves. So, the controversy is difficult to understand, and above all, it is unclear if anyone in Italy or Europe claims that the gold held by the Bank of Italy does not belong to Italians. The Brothers of Italy amendment is clear; it in no way challenges the autonomy of the Bank of Italy, just as the French regulation has never been understood as undermining the autonomy of the French Bank.”

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