12:22 - 23.06.2025

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June 23, Fineko/abc.az. Germany and Italy are being urged to withdraw their gold worth more than $245 billion from the United States, ABC.AZ reports, referring to the Financial Times.

Germany ranks 2nd in the world in terms of gold reserves, Italy - the 3rd. And both hold more than a third of the bullions in the U.S. Federal Reserve.

The European Taxpayers Association has sent letters to the financial authorities of Germany and Italy, urging them to get rid of this dependence. The reasons are geopolitics and Trump's attacks on the Fed.