MILAN (Reuters) - Italy must be "pragmatic" in evaluating whether to tap the European Stability Mechanism (ESM), Foreign Minister Luigi Di Maio was quoted on Saturday as saying, marking a shift in the stance of the ruling 5-Star Movement on the bailout fund.
The 5-Star has previously said Italy's government could collapse if it turned to the ESM, an intergovernmental fund that has doled out money in the past with painful conditions attached, as advocated by the Netherlands and other wealthy northern nations for states in need.