27/05/2019 (Agence Europe) – The European Commission approved on Monday 27 May the ninth prolongation until next October of an Irish scheme for the resolution of credit unions. This measure involves merging credit unions with ample reserves with credit unions with a gap, providing, if necessary, a capital injection to make up any shortfall in the capital reserve requirements. The Commission found that the measure ensures that the beneficiaries become viable in the long-term through...