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EU OKs €5.4B State Bailout Of Italy's Monte Dei Paschi Bank

By Richard Crump (July 4, 2017, 5:11 PM BST) -- The European Commission approved a €5.4 billion ($6.1 billion) state bailout of Italy's Monte dei Paschi bank on Tuesday, allowing the Italian government to recapitalize and restructure the troubled lender....

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