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BBG is picking up on a source piece from La...>

ITALY
ITALY: BBG is picking up on a source piece from La Repubblica, which suggests
that the ECB may ask Italy to inject EUR700mn of capital into Monte de Paschi as
a pre-condition re: the bank's plan to transfer EUR8bn of deteriorated credit to
state-backed asset manager Amco.
- This is with the aim of aligning the bank's credit quality with industry
peers.
- The capital injection may take place on July 30, per the piece.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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