Italy PM defends reform of euro zone bailout fund but seeks concessions


  • World
  • Tuesday, 03 Dec 2019

ROME (Reuters) - 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.

A reform of the European Stability Mechanism (ESM) is due to be approved by the bloc's countries this month, but Italy's right-wing opposition is against it and accuses Conte of "betrayal" by consenting to the changes without involving parliament.

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