Brussels, 25/07/2013 (Agence Europe) - On 25 July, the European Commission approved the restructuring plan of the Spanish bank Banco Gallego, which almost went bankrupt following the real estate crisis in Spain and has been owned by NovaCaixaGalicia (NCG) since the end of last January.
This plan is part of the NGC restructuring plan (see EUROPE 10740) in which Banco Gallego will be sold to Banco Sabadell, one of the top five banking groups in Spain, which will carry out an in-depth...