Italy approves 900 million euro rescue for ailing bank Pop Bari
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ROME (Reuters) - Italy's government approved late on Sunday an emergency decree granting a lifeline of up to 900 million euros (773.19 million pounds) to cooperative bank Popolare di Bari, in the latest state bailout of an ailing lender.The bank, which said last week it needed an urgent injection of up to 1 billion euros, has struggled to cope with mounting loan losses during a slump that has devastated Italy's economy, notably in Popolare di Bari's home region in the south.It was placed under..