willing to negotiate if the Stability Pact-Corriere.it changes

The ratification of the reform of the European Stability Mechanism in exchange for greater flexibility on the Stability Pact. the counterpart that Italy asks Brussels to close the Mes issue. Economy and Finance Minister Giancarlo Giorgetti, on the sidelines of the meeting of finance ministers and G7 central bankers in Japan, tried to reopen negotiations with Brussels, addressing the issue with the president of the Eurogroup, Paschal Donohoe. But the attempt, at least for now, has not produced the desired results. Donohoe, in fact, reiterated how everyone, including Italy, agreed on the new Mes which is now only awaiting the ratification of Rome to enter into force.

Donohoe’s reply

Donohoe reiterated that he was ready to continue the dialogue to reach a solution, but he also recalled that Italy had already expressed itself on the reform and was in favor like all the other countries. And that Italy’s failure to ratify prevents those who want to access the Mes, in the event of a crisis, from doing so. We are looking for a way to continue working together, taking into account that the Mes is an instrument on which Italian public opinion is very sensitive, and we respect it, but it remains an instrument on whose introduction all countries agreed and we want to make it available for the future for any government that requests it, said the president of the Eurogroup in an interview with Rai News 24. Brussels expects Italy to close the dossier as soon as possible. And in next Monday’s Eurogroup the pressure on Rome will return to convince it to close the dossier as soon as possible, otherwise, as President Donohoe underlined, in the event of a serious banking crisis, those who want to access its support will not be able to do so.