The Traderszone Network

Published in TZ Latest News 26 July, 2016 by The TZ Newswire Staff

Italy racing to secure private bailout for Monte Paschi – FT

Plan aims to raise €5 billion in fresh capital
Twice-bailed out Monte Paschi is on the ropes. Italian officials have been trying to convince the EU to allow a public bailout but the EU has been strident on bail-in rules.