Brussels, 27/06/2012 (Agence Europe) - On Wednesday 27 June, the European Commission temporarily approved (for six months) a conversion of existing state-owned preference shares of €4.465 trillion into equity and a liquidity guarantee amounting to €19 billion in favour of the Spanish BFA group and its subsidiary Bankia. Spain has pledged to provide a restructuring plan for BFA and Bankia within six months. The Commission will make the final decision on the aid when it has examined the...