Brussels, 09/12/2011 (Agence Europe) - The European Commission announced on Friday 9 December that it had opened an in-depth investigation into several support measures that Austria had granted to Österreichische Volksbank (ÖVAG) in 2009. ÖVAG presented a restructuring plan in autumn 2010, but it has become clear in recent months that the bank is unable to implement it. The Commission had doubts that the plan would enable the bank to become viable and that it sufficiently addressed the...