Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-15-Speech-3-590-000"
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"en.20120215.27.3-590-000"2
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"Mr President, ladies and gentlemen, as rapporteur of the Committee on the Internal Market and Consumer Protection for this report, I would like to express my satisfaction that all of the key proposals from our perspective were incorporated into the final text. This mainly involved changes to the calculation of target amounts for deposits covered, deposit guarantees for small municipalities, supplements to the definition of savings books, and also the pushing through of short-term guarantees for deposits above EUR 100 000 in relation to property sales and the like.
I am pleased that it will also be possible to use funds preventively for rescuing banks. We succeeded in pushing through information on the function of deposit guarantees, not only for new customers, but also for existing customers. I also consider it a success that contributions will correspond to the risk profile of the financial institution, so that a risk-free building society will contribute less than a high-risk credit union. As a result of this, bank costs will fall and deposit security will increase.
We will vote here tomorrow on an instrument which should restore the trust of our citizens in the financial markets. I would like to thank the Commission for the proposal."@en1
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