08/12/2008 (Agence Europe) - On Monday 8 December, the European Commission authorised a mechanism for a capital-injection scheme for banks designed by France to stabilise the financial markets. The new level of remuneration and the reimbursement system will encourage the beneficiary banks to turn to private operators as soon as conditions permit. The Commission says it is satisfied that competition distortion will be limited. The scheme is aimed primarily at “fundamentally sound” banks...