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Euro zone bailout fund reform that crushes Italy is not 'feasible' - minister to paper

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By Reuters

ROME (Reuters) – A reform of the European Stability Mechanism (ESM) that crushes Italy is not “feasible”, Foreign Minister Luigi Di Maio told daily Corriere della Sera on Wednesday.

Proposals to reform the euro zone’s bailout fund are creating a political storm in Italy, where parties and institutions are battling over whether Rome should try to block the reform at the EU level.

(Reporting by Francesca Piscioneri; Editing by Tom Hogue)