Brussels, 18/03/2010 (Agence Europe) - On Wednesday 17 March, the European Commission authorised the extension until 30 June 2010 of a Portuguese recapitalisation scheme for credit institutions. The Commission found the prolongation of the measure, initially approved on 20 May 2009 (see EUROPE 9906), to be in line with its guidance on support measures for banks during the financial crisis. In particular, the extended measure is “limited in time and scope”, the Commission says, concluding...