Brussels, 11/07/2011 (Agence Europe) - On Monday 11 July, the European Commission gave its temporary authorisation to the recapitalisation of the Bank of Ireland (BoI) by the Irish authorities, to the tune of €5.35 billion, in the form of a subscription by the Irish state of new securities to a maximum of €4.35 billion and a conditional injection of a further billion euros.
In order to give its definitive approval to these measures, the Commission is calling for a new restructuring plan...