EU finance ministers struggle to break impasse between Italy and the Netherlands

Italy’s finance minister Roberto Gualtieri said his government would not accept a final report sent to EU leaders unless it explicitly mentioned debt mutualisation as a tool for the economic recovery. 

 Rome also demanded that any use of loans from the European Stability Mechanism come with no conditions attached.

 The Netherlands’ finance minister Wopke Hoekstra said no on both points. 

 FT 8 April 2020

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