Brussels, 24/06/2003 (Agence Europe) - The European Commission has decided to open a formal investigation procedure against the restructuring plan for the Bank Burgenland AG. The restructuring plan is intended to restore the long-term viability of the bank after a case of fraud discovered in 1999. It includes above all long-term guarantees that the regional government of Burgenland intends to grant to the Bank. The Commission wishes to ensure that the measures foreseen fully comply with the...