December 23, 2016 / 9:58 AM / 8 months ago

Eurogroup's Dijsselbloem: Bail-in first for Monte Paschi before state aid - spokesman

Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem arrives at a euro zone finance ministers meeting in Brussels, Belgium December 5, 2016.Francois Lenoir

AMSTERDAM (Reuters) - Eurogroup President Jeroen Dijsselbloem said on Friday that there must first be a bail-in for Italy's troubled Monte del Paschi before it can receive state aid, according to his spokesman.

"Those are the rules," the spokesman said.

Reporting by Anthony Deutsch; Editing by Adrian Croft

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