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EU Commission temporarily approves a Eur 3.9 bln state bailout for Monte Paschi

EU Commission temporarily approves a Eur 3.9 bln state bailout for Monte Paschi

News
Pete Jackson
17/12/2012 | 10:48 GMT

….Subject to presentation of a restructuring plan with in 6 months. The bailout is seen necessary to avoid instability in the Italian banking system.

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