Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-16-Speech-4-141-000"
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"en.20120216.23.4-141-000"2
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"Mr President, I voted against the report on deposit guarantee schemes. While what the scheme hopes to achieve is clearly desirable for all Member States, it is my view that the measures which have been proposed to reach these aims are neither suitable nor workable in practice.
As a Group, we do not consider it wise to demand that all Member States impose such a high level of pre-funding, especially when our banks are trying to increase capital levels while minimising the withdrawal of credit to consumers. We believe that, rather than imposing a blanket scheme for all Member States, it will be preferable for guarantee schemes and pre-funding levels to be tailored to the needs of the individual Member States, according to their own circumstances.
We feel that the one-size-fits-all proposals that the rapporteur puts forward are actually geared much more towards the banking system of his own country, Germany, than they are towards the EU as a whole. It is this factor, coupled with the insistence on a high level of pre-funding – to be built up over a short period – which led us as a Group, the ECR, to oppose this report."@en1
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