The health of Monte dei Paschi — which will be assessed by the European Central Bank as a condition
of the deal — will be a crucial measure to ensure the bailout follows the rules.
Monte dei Paschi is the first case in which the European Central Bank has exercised its oversight role under new bank bailout rules.
The central bank said in late December that Monte dei Paschi would need €8.8 billion to plug a shortfall in its capital.
