On 30 September 2011, the Commission announced that it has temporarily approved the grant of state aid to NCG Banco, Catalunya Banc and Unnim Banc for recapitalisation. Final approval will depend upon the submission of a restructuring plan which ensures that the banks will be viable in the long-term, that the banks will carry a fair proportion of the restructuring costs and that measures will be taken to reduce any distortions of competition. Read more.