Brussels, 27/06/2012 (Agence Europe) - On Wednesday 27 June, the European Commission gave the go-ahead to an extension of the Portuguese bank guarantee system, and the day before, it authorised the extension of a British scheme to provide loans to small business and two Danish bank support schemes, all until 31 December 2012.
The Portuguese system was initially authorised on 29 October 2008 and comprises a raft of bank bailout measures and guarantees (see EUROPE 9773), which has already...