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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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To: Canuck Dave who wrote (52338)	7/15/2009 7:51:24 AM
From: TobagoJack	Read Replies (1) of 217830

here it comes, just in in-tray, just about right on time, per script Italian Treasury Welcomes ECB Opinion on Gold Reserves Taxation 2009-07-15 09:35:05.219 GMT By Lorenzo Totaro July 15 (Bloomberg) -- Italy welcomed an opinion by the European Central Bank on the government’s plan to tax the country’s gold reserves, saying it would not have a negative impact on the independence of the Bank of Italy. “The opinion of the ECB on the taxation of gold reserves, just received from Frankfurt, is part of an ongoing exchange of information,” the Italian Treasury said in an e-mailed statement. “We welcome it with great satisfaction.” The measure, included in a bill approved at a Cabinet meeting on June 26 that aimed to support consumers and companies during the economic crisis, “does not have whatsoever a negative impact on both the financial and operational independence of the Bank of Italy,” the Treasury statement reads. To contact the reporters on this story: Lorenzo Totaro in Rome at +39-06-4520-6326 or ltotaro@bloomberg.net

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