Economic Affairs Commissioner Paolo
Gentiloni reiterated on Monday that he thinks Italy would be
wise to apply for money from the European Stability Mechanism
(ESM) to invest in its health system.
The parties supporting Premier Giuseppe Conte's government are
split over whether to take up the option to obtain around 36
billion euros in low interest grants from the EU bailout fund..
The centre-left PD is in favour but the 5-Star Movement (M5S) is
against due to fears the money could come with strings attached
further down the line.
"I have repeated several times that the work done in Brussels
(on the ESM) has taken away the conditionality that was in the
general economic programmes of the last decade," Gentiloni said.
"So this loan is not subject to conditionality.
"The decision is up to the individual governments.
"But Italy certainly needs to improve its health system, which
gave an excellent show of itself during the crisis but the need
for improvements was highlighted.
"Italy is certainly among the countries that can have greater
advantages with respect to others, given our interest rates".
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