Why Italy is Singlehandedly Vetoing the EU's Latest Treaty (ESM)

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Italy has single-handedly blocked a new treaty aimed to create an EU-wide backstop for European banks, creating tensions between Meloni and other EU leaders. So in this video, we'll explain this new treaty, why Italy opposes it and what might happen next.

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1 - https://www.ansa.it/english/news/2024...
2 - https://www.politico.eu/article/its-t...
3 - https://www.lse.ac.uk/Research/resear...
4 - https://www.eurointelligence.com/
5 - https://www.imf.org/external/datamapp...
6 -   / 1737802185751007262  
7 - https://academic.oup.com/cmlj/article...
8 - https://blogs.law.ox.ac.uk/business-l...
9 - https://www.bloomberg.com/news/articl...
10 - https://iep.unibocconi.eu/publication...
11 - https://en.wikipedia.org/wiki/Trichet...
12 - https://academic.oup.com/cmlj/article...
13 - https://www.bloomberg.com/news/articl...

00:00 Introduction
01:04 The ESM Explained
03:45 Why Italy Hates the ESM
06:48 What Happens Next?
07:24 Brilliant