Italian lawmakers are pushing ahead with a controversial claim that the central bank’s $300 billion in gold reserves should be declared state property, a move a senator confirmed on Thursday despite fears it could violate European Union regulations. Lucio Malan, a Senator from Prime Minister Giorgia Meloni’s Brothers of Italy party, stated on Radio 24 that the purpose of the initiative was to ensure the gold reserves are not misused in the future, according to a Reuters report. Malan said: Not even the Bank of Italy can do whatever it wants with the gold. Third-largest stockpile The Bank of Italy holds one of the ... (full story)