7 Amendments of Esther DE LANGE related to 2015/2221(INI)
Amendment 24 #
Motion for a resolution
Recital B
Recital B
B. whereas the BU is instrumental to ensuring stability and restoring confidence in euro area banks, enhancing financial integration, fostering risk sharing within the monetary union and contributing to breaking the link between sovereigns and banks at nationalany level;
Amendment 34 #
Motion for a resolution
Recital C
Recital C
C. whereas in a BU a Single Rulebook must be complemented by a Single Supervisory Mechanism (SSM), a Single Resolution Mechanism (SRM) and if and when conditions are right, a common deposit guarantee scheme (DGS), and should be provided with an efficient fiscal backstop at EU level;
Amendment 53 #
Motion for a resolution
Recital F
Recital F
F. whereas a common DGS, originally intended as the third pillar of the BU, so far consists only in an approximation of national DGSs, while a common DGS that is able to ensure the same level of protection for deposits, irrespective of their location, is a necessary component of a true BU and a proposal for a future European Deposit Insurance Scheme has only recently been presented by the European Commission;
Amendment 120 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Underlines that economic recovery is underway but is, in part due to a lack of structural reforms, still fragile and modest, inflation remains below its target, credit dynamics are still subdued in many jurisdictions and a large stock of non- performing loans weighs on many European banks’ balance sheets, limiting their capacity to finance the economy;
Amendment 280 #
Motion for a resolution
Paragraph 36
Paragraph 36
36. Stresses the need, as a consequence of the existence of the national compartments in the SRF, to rapidly put in place an adequate bridge financing mechanism in order to provide the fund, if necessary, with sufficient resources in the period before its completion; recalls that the Eurogroup and the Ecofin ministers identified, in their statement of 18 December 2013, the possibility of having recourse to both national sources and the European Stability Mechanism (ESM), and considers the latter the most effective and credible solution, which could be implemented either through a swift revision of the ESM treaty or through appropriate implementation of the provisions of Article 13 thereofTakes note of the Ecofin statement on Banking Union and bridge financing arrangements for the Single Resolution Fund of 8 December 2015;
Amendment 325 #
Motion for a resolution
Paragraph 39
Paragraph 39
39. Underlines that, together with the SSM and the SRM, the capacity to afford the same level of protection to deposits, irrespective of their location, is an indispensable key component for the future completingon of the BU if and when conditions are right;
Amendment 333 #
Motion for a resolution
Paragraph 40
Paragraph 40
40. WelcomesTakes note of the Commission’s announcement regarding the presentation of a legislative proposal for the first steps towards a European Deposit Insurance Scheme (EDIS) by establishing a reinsurance mechanism at EU level for the national deposit guarantee schemesCOM(2015)0586);