25/09/2009 (Agence Europe) - On Friday 25 September, the European Commission approved a Polish scheme intended to stabilise the financial system. The measure would guarantee short and medium term debt to encourage inter-bank lending and offer liquidity to financial institutions. The Commission welcomed the conditions of the initiatives; inter alia guarantees and loans will be provided for debt instruments with maturities from three months up to five years, and remuneration for the debt guarantees will be established in line with the European Central Bank (ECB) recommendations. A ban on advertisements referring to the support provided by the State Treasury will be imposed on every beneficiary of the scheme. Eligible institutions may apply for the support under the scheme until 31 December 2009. (C.D./transl.rt)