Brussels, 27/09/2012 (Agence Europe) - On Tuesday 26 September, the European Commission approved the 6 million lita (approx. €1,738 million) bailout of the Lithuanian Central Credit Union (LCCU), on the grounds that the bailout plan will ensure the bank's long-term viability and member credit unions will make a sufficient contribution to the bailout costs, thus reducing any distortions of competition. Member credit unions have provided more fresh cash than the government, in fact, covering...