A quick vote, after months of waiting and postponements, in which it seemed that the government majority wanted to find a way to ratify the treaty that modifies the ESM, the European Stability Mechanism. The majority, with 184 votes, blocks ratification for at least six months, with Fratelli d’Italia and Lega voting clearly against and Forza Italia and Noi Moderati abstaining. Only Pd and Italia Viva e Azione are in favor, since the Green Alliance and the left abstained, while the Five Star Movement votes against. In the morning everything happened quite quickly. At 10:30 in the morning, the House Budget Committee voted against the Government’s opinion presented by the Fratelli d’Italia rapporteur, Ylenia Lucaselli. And it was in that vote in the Commission when it became clear that the Meloni government had chosen to accelerate, with the vote of the FdI and the Lega. Regarding the substance, Lucaselli explained that the contrary opinion is due to the fact that “the bill lacks adequate mechanisms to guarantee the participation of Parliament in the procedure for requesting activation of the European Stability Mechanism, thus excluding the Chambers of the procedures of significant importance in terms of economic and financial policy options and that this exclusion could jeopardize the possibility of Parliament to control future payments of subscribed capital, expresses a contrary opinion.” A point of merit discussed by Luigi Marattin, but What matters most today is political substance.
The majority and the government.
In recent weeks, Prime Minister Giorgia Meloni had explained that the ratification of the ESM was no longer excluded a priori, but was kept on hold as a weapon of pressure to obtain better agreements at other European tables or to “face all the new rules”. “in a harmonious way, particularly in parallel with the Stability Pact. Now, after the approval last night in the Ecofin of the new framework of rules for European economic governance, the Meloni executive has made its point of view. And it is no longer postpones more. Shortly after the vote in the Commission, the Montecitorio chamber itself restricted time even further, reversing the agenda so that the vote would take place at the end of the morning. Chiosa Enzo Amendola, of the Democratic Party: “Do we Are you saying that, since you didn’t like the agreement on the Stability Pact, you will vote against?” The fact is that among the government benches there are no ministers who attend the vote: “Here I represent the government”, which “will be consistent with the will of Parliament,” said Undersecretary of Economy Federico Freni (Lega), on the sidelines of the Budget Committee table.
The merit of the opposition.
Lucaselli explained that Italy is not particularly concerned about the consequences of the Italian veto of the ESM modification which, in fact, blocks the new treaty for all other members that have already ratified it. «There will be no negative reactions from the markets. The ESM has become a bank saver and fortunately the banking system is in excellent health,” he stated before the vote: “For six months here in the Chamber we will not talk about the ESM,” he added, implying that the ratification of the PDL It could be voted on when the regulations allow the text to be presented identical to the current one.
The most satisfied with the new compactness between the Brothers of Italy and the League on the ESM and its rejection is probably Matteo Salvini, who directly declares: «The League has never changed its mind on the ESM in twenty years, it is a useless tool, if not harmful, that would lead an Italian worker to have to contribute money to save a German bank. I do not think it is useful and since Parliament is sovereign, Parliament votes according to the Italian national interest: the Germans follow the German interests, we follow those of the Italians. “The League’s position has always been and remains clear.”