4 Amendments of Alfredo PALLONE related to 2012/2151(INI)
Amendment 477 #
Motion for a resolution
Recital CB
Recital CB
Amendment 679 #
Motion for a resolution
Annex – part 1 – point 1.1 – paragraph 9 a (new)
Annex – part 1 – point 1.1 – paragraph 9 a (new)
The ESM should recapitalise banks directly as soon as legislation on the SSM has been approved. A precise and clear calendar for finalising the banking union should be drawn up.
Amendment 716 #
Motion for a resolution
Annex – part 1 – point 1.2 – paragraph 6 a (new)
Annex – part 1 – point 1.2 – paragraph 6 a (new)
Specify that a clear calendar for finalising the banking union should be drawn.
Amendment 747 #
Motion for a resolution
Annex – part 1 – point 1.3 – paragraph 6
Annex – part 1 – point 1.3 – paragraph 6
That obligation should be a collective one in the case of Member States whose currency is the euro. A vehicle should be established or designated to provide reassurance that that collective obligation will be met and if required that vehicle needs to be able to intervene directly in institutions under recovery or resolution. That vehicle could be the ESM, as long as recourse to public intervention is activated only in exceptional cases.