04/01/2024 (Agence Europe) – On Thursday 4 January, President of the Italian Council of Ministers, Giorgia Meloni, described as “obsolete” the euro area’s permanent rescue fund, the European Stability Mechanism (ESM), the revision of which has still not been ratified by Italy. The rejection of the ratification of the treaty amending the ESM at the end of December by a majority of Italian MPs, including those from Ms Meloni’s Fratelli d’Italia party, “could be an opportunity...