EU readies contingency plan for possible Monte Paschi wind down - source

BRUSSELS (Reuters) - European Union authorities are making contingency plans for the possible winding down of Banca Monte dei Paschi if the Italian lender has a poor reading in stress tests this week and no private or public support is available, an EU official said.

from Reuters: Top News http://uk.reuters.com/article/uk-eurozone-banks-italy-bmps-idUKKCN1062FQ?feedType=RSS&feedName=topNews