EU wary of Italy's plan to spare Monte Paschi from loan losses - sources
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MILAN (Reuters) - Italy wants to shield Monte dei Paschi from bad loan losses as it prepares the bailed-out bank for a sale, but faces resistance from European Union competition authorities, two sources close to the matter said.Italy's Treasury has a year-end deadline to present an outline of its strategy for getting out of the world's oldest bank, which was at the forefront of Italy's banking crisis until a 2017 state bailout was cleared by Brussels.Under the terms of the bailout, Rome agreed..