28/07/2016 (Agence Europe) - Prolongation of Portuguese bank guarantee scheme. On Thursday 28 July, the European Commission announced its decision to approve prolongation of the Portuguese guarantee scheme on European Investment Bank (EIB) lending until 31 December 2016. The scheme covers state guarantees to banks that guarantee EIB loans granted to companies in Portugal. It was initially approved on 27 June 2013 and has been prolonged several times. The scheme will enable participating...