Brussels, 03/04/2012 (Agence Europe) - On Tuesday 3 April, the European Commission opened an in-depth investigation to assess whether an extension of the Belgian deposit guarantee scheme (which aims to protect shares owned by individual shareholders in financial cooperatives such as ARCO, which is currently in liquidation) complies with EU rules on state aid. It is concerned that the scheme in question allows cooperatives to attract capital or preserve their own capital, which gives them an...