# Italy under Draghi delays ratification of the reformed ESM treaty

Date: 2022

Through 2021–2022 Italy did not ratify the reformed [European Stability Mechanism](/organizations/european-stability-mechanism) treaty, citing political resistance in Parliament. Non-ratification is a completed negative act of his majority, later left to successors.

## People

- Mario Draghi: https://factrail.ai/people/mario-draghi

## Drivers

- Banking-System Stability: https://factrail.ai/drivers/banking-system-stability

## Sources

- https://www.reuters.com/world/europe/italy-esm-reform-draghi-2022/
- https://www.esm.europa.eu/about-esm/esm-treaty-reform

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/it-draghi-mes-2022