Ron Burgundy Posted November 28, 2012 Share Posted November 28, 2012 BRUSSELS (Reuters) - European Union competition regulators approved on Wednesday restructuring plans for nationalized Spanish lenders Bankia, NCG Banco, Catalunya Banc and Banco de Valencia. "The approval of the restructuring plans of BFA/Bankia, NCG, Catalunya Banc and Banco de Valencia is a milestone in the implementation of the Memorandum of Understanding between euro area countries and Spain," EU Competition Commissioner Joaquin Almunia said in a statement, referring to Spain's euro zone bank bailout. ... View the full article Quote Link to comment Share on other sites More sharing options...
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