The European Commission approved on Tuesday the Italian government's plan to proceed with the 5.4 billion euro ($6.1 billion) precautionary recapitalization of ailing bank Monte dei Paschi di Siena.
At the same time, the bank proceeded to write off its non-performing loans from its balance sheet as it undergoes a restructuring.
EFE
4/7/17
At the same time, the bank proceeded to write off its non-performing loans from its balance sheet as it undergoes a restructuring.
EFE
4/7/17
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