30/01/2014 (Agence Europe) - Prolongation of Danish bank liquidation scheme. On 30 January, the European Commission authorised the extension until 30 June 2014 of a Danish scheme for the winding-up of banks, including a compensation scheme, and two other mechanisms facilitating the sale of failing banks. The measures aim at enabling market-based solutions for ailing banks, be it via an orderly winding-down or by a full or partial sale, through a competitive process. The Commission says they...