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Italy govt won't sell ‘a gram’ of gold reserves-League lawmaker

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"We do not want to sell a gram (of gold)," Claudio Borghi, chairman of the Budget Commission in the Lower house and League's economics spokesman said in a interview with state-owned television RAI.

The League has drafted a law proposal which would eventually allow the government to sell the country's gold reserves through a change to the constitution.

Borghi has already tabled a bill intended to establish that the gold is the property of the state rather than of the Bank of Italy, a point which is disputed in Italy.

Copyright Reuters, 2019