- Mes. Conte opens the postponement, but warns: "Enough propaganda". Di Maio: "Never talked about a crisis"
- Di Maio: "Not only Mes, ok, it's packaged. M5S will decide how and if it passes"
- Mes: Gentiloni, no risk for Italy
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December 04, 2019 "We see no reason to change the text" of the Mes: The president of the Eurogroup, Mario Centeno, said this, adding that the political agreement has already been taken. "we are working to sign Treaty reform early next year", added Centeno."We have worked a lot this year on the reform of the European Stability Mechanism and we had a decision in June, with a political agreement, a lot of technical work has been done and now we take note of this with a view to signing the Treaty very soon", he said. stressed Centeno.
"The debate is ongoing, today we will take another important step and then we will adjust the need for debate that are present" in our countries, the Eurogroup president said in confirming that the signing of the new treaty will take place "at the beginning of next year ".
According to what has been learned, in fact, after the agreement in the Eurogroup and the Eurosummit, it takes some time, about a couple of months, to translate the texts into the different languages.
Visco (Bank of Italy): there is no debt restructuring mechanism
"The reform neither foresees nor announces a mechanism for the restructuring of sovereign debts. As in the Treaty already in force today, there is no exchange between financial assistance and debt restructuring". This was stated by the Governor of the Bank of Italy, Ignazio Visco, during his hearing in joint Commissions of the Budget and EU Policies, on the functioning of the European Stability Mechanism (MES) and its prospects for reform. "Even the verification of the sustainability of the debt before the aid is granted is already provided for by the current treaty. It is a clause protecting the resources of the MES of which Italy is the third principal financier", underlines Visco.