the Proposal of Angela Merkel to use the European stability mechanism ESM and the loan at the best rate called in Italy a storm of indignation, and the Prime Minister, Giuseppe Conte hinted that his country does not need instructions from Germany.
Conte said that the views of Merkel changes have occurred, but he maintains its accounting books. Italy will prepare a plan for reorganization in September.
Earlier published an interview with Merkel in which she said that the EU can help Italy, affected by coronavirus crisis. The stabilization mechanisms were created. But the choice, of course, remains in Italy, reports Die Welt.
In Italy’s coalition government was divided: the “5 star Movement” opposed to the Democratic party – for.
Each country of the monetary Union can be obtained through ESM loan at a favorable interest rate in the amount of 2% of GDP. But still interest in this mechanism, the government did not show, for fear of speculation.