Brussels, 05/06/2013 (Agence Europe) - On 5 June 2013, the European Commission approved a plan by the Walloon Region of Belgium to convert into equity a residual claim of €43.5 million held against the Belgian aeronautics company Sonaca, in which the Region has a 92.29% holding. The Commission did not consider that this conversion constituted state aid because a private investor would have taken the same action in the same circumstances. Belgium showed that forced liquidation of Sonaca...