Brussels, 28/10/2014 (Agence Europe) - On Tuesday 28 October, the European Commission authorised Portuguese plans for setting up a financial institution (Instituição Financeira de Desenvolvimento, IFD). The IFD will be funded by the Portuguese state and European Structural and Investment Funds. It will manage holding or specialised funds providing SMEs with access to funding on a co-investment basis with private investors. IFD's starting capital will be €100 million entirely subscribed...