Local view for "http://purl.org/linkedpolitics/eu/plenary/2014-04-15-Speech-2-324-500"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20140415.58.2-324-500"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spoken text |
"Under current rules bank deposits are guaranteed up to EUR[nbsp ]100[nbsp ]000 per bank in the EU (GBP[nbsp ]85[nbsp ]000 in the UK). The proposal aims to back up this commitment with adequate funding, so as to separate the taxpayer from losses incurred by bank failure, and to make certain other commitments to reassure depositors. I initially opposed the proposal at first reading due to an unrealistically high level of funding (1.5[nbsp ]% of deposits) demanded by the rapporteur and other shadows, which would have suited Germany but few others. Nevertheless, in a second round of trilogue negotiations a final agreement was made which is both more realistic (0.8[nbsp ]%) and compatible with the UKʼs banking levy. Furthermore, a commitment has been made to ensure depositors have their money within seven working days, which is already achievable in the UK. For this reasons, I voted in favour of the report."@en1
|
| lpv:spokenAs | |
| lpv:unclassifiedMetadata |
Named graphs describing this resource:
The resource appears as object in 2 triples