23/02/2010 (Agence Europe) - On Monday 22 February, the European Commission authorised the prolongation until 30 June 2010 of a Portuguese Guarantee Scheme for credit institutions. The Commission found the prolongation of the measure, initially approved on 29 October 2008, to be in line with its October 2008 Guidance Communication on state aid to overcome the financial crisis. “The extended measure is limited in time and scope,” the Commission says in a press release. The Commission...