News Headline Summary

EU commission says temporarily approves EUR 3.9bln state bailout for Monte Paschi (BMPS IM)

Says:
- Approval conditional on Monte Paschi presenting restructuring plan within 6 months.

Reaction details:

- Co. shares are unmoved in reaction to the news; trades EUR 0.20 last.
- In a delayed reaction, BMPS IM shares moved 1.12% from EUR 0.2022 to EUR 0.2045.

Print 10:46, 17 Dec 2012 - European Equities - Source: Newswires