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Monte dei Paschi faces higher capital hurdle to secure bailout
Financial Times Italy has bent to pressure from the European Commission and agreed tougher conditions for the bailout of Monte dei Paschi di Siena as it desperately seeks to avoid a nationalisation of its third-largest bank by assets. The EU has demanded that Monte dei … Monte Paschi Wins Support From EU's Almunia for Italian Aid Plan UPDATE 1-Italy, EU agree tougher conditions for Monte dei Paschi bailout EU's Almunia: MPS Will Need to Raise More Than EUR1B, Issues on Plan Solved |