Brussels, 23/07/2009 (Agence Europe) - In a new communication adopted on Thursday 23 July, the Commission explained its approach on assessing restructuring aid given by Member States to banks. The approach is based on three fundamental principles: i) aided banks must be made viable in the long term without further state support, ii) aided banks and their owners must carry a fair burden of the restructuring costs and iii) measures must be taken to limit distortions of competition in the...