Lorenzo Macchi
Research expert covering society, economy, and politics for Italy
Get in touch with us nowOpinions on the usefulness of European Stability Mechanism (ESM) in Italy 2019
As of December 2019, 27.7 percent of Italian respondents believed that the European Stability Mechanism (ESM) was damaging for Italy and thus it had to be abolished.
The ESM is an international European organization located in Luxembourg providing financial funding for the monetary stability of the Eurozone. Its proposed reform was an object of discussion in Italian politics in the last months. The parties Lega and Fratelli d'Italia put the topic into discussion, accusing the Prime Minister Giuseppe Conte of lack of transparency about the proposed reform. However, the terms of the reform were already known in December 2018.
A further survey shows that most Italians did not know what the European Stability Mechanism was. Only nine percent of respondents declared to know exactly what the ESM meant.
The ESM is an international European organization located in Luxembourg providing financial funding for the monetary stability of the Eurozone. Its proposed reform was an object of discussion in Italian politics in the last months. The parties Lega and Fratelli d'Italia put the topic into discussion, accusing the Prime Minister Giuseppe Conte of lack of transparency about the proposed reform. However, the terms of the reform were already known in December 2018.
A further survey shows that most Italians did not know what the European Stability Mechanism was. Only nine percent of respondents declared to know exactly what the ESM meant.
