Italy's Coalition Government on Brink of Collapse

The transcript discusses the political crisis in Italy, where Matteo Renzi threatens to withdraw his ministers from Giuseppe Conte's administration. The crisis involves control over the European recovery fund and debates around the ESM. Renzi's actions are partly driven by personal dynamics with Conte, who has gained power during the pandemic. The situation is complicated by Italy's economic challenges, the ongoing vaccine rollout, and its G20 presidency.

What role does the ESM play in the current political discussions in Italy?

What challenges are being faced regarding the upcoming elections in Italy?