Conte defends reform of euro zone bailout fund

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Prime Minister Giuseppe Conte told parliament on Monday a contested reform of the euro zone’s bailout fund was in Italy’s national interest, but that it should only be adopted as a package alongside other measures.

ANSA reports Conte criticising  the centre-right opposition as he reported to the Lower House on Monday about the European Stability Mechanism (ESM) after the reform of the eurozone’s bailout fund caused a furore in Italy. “It has been said the the ESM (reform agreement) has already been signed, at night to boot,” Conte said. “Even those who are in the opposition have the duty to be responsible…

“The accusations made in recent days by several opposition figures about a lack of information or consultation over such a sensitive issue are completely false…

The centre-right opposition said the ESM reform penalises Italy and is “not amendable” by parliament after Conte agreed to it. League leader Matteo Salvini has called on President Sergio Mattarella to intervene in this case. Conte, on the other hand, has threatened to sue Salvini and mocked him over his complaints about the ESM, pointing out that the League was in government in his first executive when the reform was agreed in June and in the run-up to it.

Via ANSA


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