Brussels, 03/02/2014 (Agence Europe) - On 3 February, the European Commission granted clearance to a prolongation of the Polish bank guarantee scheme until 30 June 2014. The scheme covers guarantees and other liquidity support measures (like the issuing of new bonds by banks and treasury bonds that can be used as loans or sold with deferred payment) and was initially authorised for the first time on 25 September 2009 (see EUROPE 9985) and then extended a number of times, most recently in July 2013. The Commission says the scheme's pricing conditions are in line with the requirements of its 2011 communication on state aid to banks during the crisis. The Commission authorises continuation of the guarantee schemes on banks' liabilities for periods of six months in order to be able to monitor developments and adjust conditions accordingly. (FG/transl.fl)