Italy approves bailout fund for failing banks, including Monti dei Paschi

The Italian government has approved a €20 billion bailout fund, as Monti dei Paschi fail to raise desperately needed funds from private investors. Although the fund will be available for all banks in need, it is the fate of the Monti dei Paschi bank that has triggered this decision. Prime Minister Paolo Gentiloni said at a… Please follow and like us:

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