Conte defends reform of euro zone bailout fund

epa08039587 Italian Premier Giuseppe Conte (C) with Foreign Minister Luigi Di Maio (R) and Minister of Economy Roberto Gualtieri (L) during a session of lower Chamber of Deputies in Rome, Italy, 02 December 2019. Conte reported on the European Stability Mechanism (ESM) as coalition infighting deepen on the reform of the eurozone's bailout fund, media reported. Italy's government will hold a vote in parliament abut the reform next week. EPA-EFE/ALESSANDRO DI MEO

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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.


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