Brussels, 30/05/2012 (Agence Europe) - On Wednesday 30 May, the European Commission authorised the restructuring aid granted by Spain to Banco CAM in the context of the sale of its banking activities to Banco Sabadell, judging it in line with EU state aid rules.
The disappearance of Banco CAM from the market as an independent entity, the sale of its banking business to Banco Sabadell and the deep restructuring foreseen should ensure long-term viability. These factors also limit the...