Brussels, 08/10/2013 (Agence Europe) - Last week, the European Commission and the board of Italian bank Monte dei Paschi di Siena (MPS) agreed on a restructuring plan that could well be approved in the next few days, once it has been officially notified to the European Commission, explained a spokesman for the EU Competition Commissioner on Tuesday 8 October.
Various sources say that the restructuring plan includes: a €2.5 billion increase in the bank's capital by the end of 2014; the...