Central bank asset ownership
Search documents
ECB calls on Italy to reconsider proposal on central bank gold
Reuters· 2025-12-03 09:44
Core Viewpoint - The European Central Bank (ECB) is urging Italy to reconsider a parliamentary amendment that claims the national central bank's gold reserves are owned by the Italian people [1] Group 1 - The ECB's call for reconsideration highlights concerns over the implications of the amendment on the independence of the national central bank [1] - The amendment could potentially alter the management and control of Italy's gold reserves, which may affect monetary policy [1] - The ECB emphasizes the importance of maintaining central bank independence in the context of national assets [1]