Italy’s parliament has approved a 20 billion euro plan to aid the country’s distressed banks to start this week and give bailout to Monte dei Paschi di Siena.

Italy’s third largest bank, Monte dei Paschi di Siena revealed on Wednesday it could run out liquidity in four months after previously estimating 11 months of liquidity.

The bank is dragged by bad loans and has to raise five billion euros in additional capital by the end of the year or risk being wound down by European regulators.

However, the bank seems to fail raising the €5 billion, which means the necessity of a government bailout.

Monte dei Paschi shares drifted quickly, with pausing trading several times because they were falling fast.

The stock was down 19 percent at one point at €15 a share to a record low. However shares started to cut losses upon news that parliament had approved the rescue bailout.

The oldest bank’s shares have lost 86 percent so far this year.

Parliamentary approval for the 20 billion euro government plan was needed to allow the state to take on new debt. Italy’s debt burden, at about 133 percent of annual output, is already the second highest in the euro zone after Greece.

The measure approved by parliament on Wednesday says the state can borrow money to provide “an adequate level of liquidity into the banking system” and can reinforce a lender’s capital by “underwriting new shares”.

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