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Ratifying the reform of the euro zone bailout fund could boost the credit standing of the European Union's most indebted countries on financial markets, an Italian Treasury document seen by Reuters showed on Wednesday. Italy is the only country dragging its feet over the approval of the treaty that reviews the so-called European Stability Mechanism (ESM) due to concerns it could trigger a restructuring of its huge public debt.

Enzo amendolaGiancarlo giorgettiGiorgia meloniDemocratic partyForeign affairsEuropean unionItalian treasuryEuropean stability mechanismMinister giorgia meloniEconomy minister giancarlo giorgetti