Brussels, 20/11/2008 (Agence Europe) - ON Thursday 20 November, the European Commission approved the state guarantee mechanism intended to facilitate the financing of Fortis Bank of Belgium. “The aid is necessary to ensure the viability of Fortis Bank and thereby avoid a serious disturbance in the Belgian economy,” the spokesman for the Competition Commissioner told press. The decision does not cover the measures implemented in favour of Fortis Bank from 29 September to 6 October 2008...