"It is very important that we move forward with the full ratification of the reform of the European Stability Mechanism".
This was stated by the president of the Eurogroup, Paschal Donohoe, upon his arrival at the European Council for the Euro Summit, which takes place in the inclusive format with the president of the European Central Bank Christine Lagarde and Donohoe.
The only country that has not ratified the ESM reform treaty is Italy.
Responding to the question of whether he believes there could be a collapse of some banking groups, he added that he was "confident in the resilience of our banking system".
On the sidelines of the summit, Prime Minister Giorgia Meloni had a bilateral meeting with her Greek counterpart Kyriakos Mitsotakis.
A meeting described as "profitable and cordial" by diplomatic sources.