Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-16-Speech-4-227-000"
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"en.20120216.23.4-227-000"2
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"In favour. The formulation of common requirements applicable to deposit guarantee schemes will make it possible for Member States to organise these schemes in as flexible a manner as possible while providing uniform protection, ensuring equal stability and avoiding distortions of competition. While maintaining the same coverage level and target level and abiding by the stipulated time limits for reimbursements and terms relating to the use of funds, Member States will thus have the opportunity to adapt their deposit guarantee schemes to national features of financial markets. By means of this approach, effective protection of depositors will be achieved and the stability of the financial system ensured."@en1
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