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EXCLUSIVE - ECB rejects Monte Paschi's request for more time to raise capital - source

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Reuters

REUTERS - The European Central Bank has rejected a request by Monte dei Paschi di Siena for more time to raise capital, a source said on Friday, in a move that piles pressure on the Italian government to step in and rescue the ailing lender.

(Reporting by Reuters bureaus; Writing by Silvia Aloisi; Editing by Mark Bendeich)

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First Published: Dec 09 2016 | 6:09 PM IST

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