22/12/2008 (Agence Europe) - On 18 December, the European Commission authorised measures proposed by the German Land of Bavaria to help the regional bank BayernLB. The Commission noted that the conditions for this authorisation have been met: the financial health of the bank is vital for the smooth functioning of the economy of the Land; and the proposed support comes with conditions to reduce competition distortions to a minimum. BayernLB will obtain an increase in its capital of 10 billion...