Brussels, 23/12/2008 (Agence Europe) - On Tuesday 23 December, the European Commission gave the green light to the Spanish and Italian regimes of support for the financial institutions. It noted that the mechanism proposed by Madrid was in line with its communication on State aid designed to overcome the current financial crisis. In particular, it is non-discriminatory and both its extent and duration are limited; it provides binding rules of conduct in order to prevent abuse and its...