23/06/2011 (Agence Europe) - Hungary: prolongation of two aid packages to banks. On Thursday 23 June the European Commission authorised the extension (until 31 December 2011) of the ongoing support system to credit institutions, initially approved on 12 February 2009 (EUROPE 9839). This covers recapitalisation measures for the banks concerned. The Hungarian system aims to obtain liquidity for the financial establishments in the country, in an effort to encourage lending to the economy. This...