Brussels, 23/05/2011 (Agence Europe) - On Monday 23 May the European Commission gave the go-ahead to the restructuring plan of the Agricultural Bank of Greece (ATE), submitted last month, which involves a public bailout of up to € 1,144.5 million and a commitment by the bank to reduce its overall assets by 25% during the restructuring period. The Commission says this will “restore the bank's long-term viability while ensuring it shares the burden of its restructuring and limits the...