Italy-EU Bank Rescue Talks Said Stuck Over Burden Sharing

Updated on
  • Government seeking to use precautionary recapitalizations
  • Italy could inject as much as 5 billion euros in Monte Paschi

Sharing the Burdon of Italy's Troubled Banks. Who Pays?

Talks between Italy and the European Commission to recapitalize Banca Monte dei Paschi di Siena SpA and other banks are stuck on whether creditors should face losses if taxpayer funds are used, according to people familiar with the discussions.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.