Meloni’s government eyes Italian family gold in hunt for budget funds
Lawmakers propose scheme to encourage citizens to declare undocumented bullion and pay 12.5% tax on its value
Lawmakers propose scheme to encourage citizens to declare undocumented bullion and pay 12.5% tax on its value

Country’s central bank says it owns the reserves to ‘boost confidence’ in its financial system and in the euro

Opponents of proposal to increase cap to €10,000 say it would reward tax evaders and illegal business

Any law affecting legal status of gold reserves would risk Bank of Italy’s independence, warns central bank

Italy’s PM says she wants to speed up the justice system. Critics accuse her of eroding democracy’s checks and balances

Lawmakers squabbled over how to allocate limited additional resources

Critics say the measure will benefit mainly high earners while reducing government revenues