European Union Competition Commissioner Joaquin Almunia holds a news conference at the EU Commission headquarters in Brussels December 20, 2012. Spain's Banco Mare Nostrum and three other banks secured EU regulatory approval on Thursday for their restructuring plans which include cutting their balance sheets by between 25 to more than 40 percent over the next five years and halting dividend payments. REUTERS/Francois Lenoir (BELGIUM - Tags: BUSINESS POLITICS HEADSHOT) REUTERS