Italian Economy Minister Roberto Gualtieri said on Wednesday euro zone countries...
ROME - Italian Economy Minister Roberto Gualtieri said on Wednesday euro zone countries would probably sign off on a reform of the region’s bailout fund in February, rather than next month as previously planned.
Gualtieri told a parliamentary hearing the reform carried no dangers for Italy, unlike a separate proposal to limit euro zone banks’ exposure to a single sovereign and attach risk weights to sovereign debt. League leader Matteo Salvini suggested last week that Prime Minister Giuseppe Conte should be jailed as a traitor because he had not opposed the ESM overhaul.
Gualtieri dismissed this, while reiterating Italy’s opposition to risk-weighting sovereign debt holdings.
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