Brussels, 23/03/2006 (Agence Europe) - On Wednesday, the European Commission decided to open a formal investigation procedure into the restructuring plan proposed in November 2005 by the Republic of Cyprus to restore the viability of the ailing State-owned Cyprus Airways. This plan is made up of several measures: a government-backed loan of 96 million euro (55 million Cypriot pounds, the sale of Cyprus Airways' charter company Eurocypria for an expected sum of 26 million euro (15 million...