Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-16-Speech-4-215-750"

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"en.20120216.23.4-215-750"2
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"The Simon report provides Parliament with an important legislative document, which affects a number of issues relevant to bank deposits and the bank guarantees on them. The current financial crisis has generated a climate of understandable distrust of banks and financial institutions, to the point that in 2010, the Commission decided to intervene yet again regarding earlier directives on this matter, given the delicate situation that many banks are going through following the financial turmoil. This proposal aims to modify and replace older directives with one introducing uniform standards for bank deposit guarantee and protection. Uniform criteria will be introduced by this directive to establish a minimum degree of confidence in banks on the part of citizens and businesses that is now at an historic low. I voted in favour of the report."@en1

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