27/02/2012 (Agence Europe) - Fourth extension of Polish bank recapitalisation scheme. On Monday 27 February, the European Commission authorised the extension, until 30 June 2012, of the Polish scheme for the recapitalisation of financial institutions. This regime aims to maintain stability in the Polish financial sector by underwriting capital increases to eligible financial institutions. This scheme complements the liquidity support granted under the support scheme for banks' funding in Poland. Poland amended the pricing conditions of the scheme to bring them into line with the requirements of the Commission's 2011 communication on state aid to banks during the crisis. The other conditions of the original scheme remain unchanged. Since it was approved in December 2009, this is the fourth time that the scheme has been extended. (FG/transl.fl)