Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-15-Speech-3-606-000"

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"Mr President, Commissioner, I can only return these expressions of thanks in equal measure. Like you, I am convinced that there is a positive prospect of success in the coming weeks and months under the Danish Presidency, provided all those involved, by which I mean quite explicitly the Council, enter into constructive negotiations. Constructive negotiations also mean being willing actually to provide certain minimum standards in these guarantee schemes, as emphasised verbally on frequent occasions to the public. Then I believe that we will have no problem and that we will start to see light at the end of the tunnel. I would like to thank the rapporteurs and the shadow rapporteurs for their kind words and for their support to date. I believe that we will also be able to continue working together in this positive vein in the coming months and would like to add my voice to that of Mr Barnier in relation to what we have heard from Ms Ford and Ms Swinburne. I think I could not have put it better myself at this point. I would therefore like to limit my answer to a single point, namely, to the comment made by Mr Stoyanov in relation to the question of a four week payout period versus a seven day payout period. None of us want to make promises that we cannot keep. We therefore need to make it clear that the schemes can pay out within the promised deadlines. National legislation requires British banks to take all the necessary steps to facilitate this. They have already been able to do that. If British banks can do this in seven days, then I believe banks in your country, and mine too, will be able to do the same. We will allow them sufficient time to be able to make money available as quickly as possible in the interests of the public. I believe that this is a point that we will need to discuss further in our forthcoming negotiations with the Council. I would again like to thank all my colleagues and hope that we shall produce a result under the Danish Presidency."@en1
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