22/07/2015 (Agence Europe) - Extension of Portuguese guarantee scheme. On Wednesday 22 July, the European Commission authorised the prolongation until 31 December 2015 of a guarantee scheme for credit institutions in Portugal. The scheme was initially approved in October 2008 and prolonged several times, the last being in February 2015. The Commission believes the scheme to be well targeted, proportionate and limited in time and scope. Each prolongation is based on a review of the...