Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-16-Speech-4-225-750"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-02-16"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"lt"^^xsd:language2
lpv:document identification number	"en.20120216.23.4-225-750"2
lpv:hasSubsequent	lp_eu:2012-02-16-Speech-4-225-8752
lpv:speaker	lp:Rolandas Paksas2
lpv:spokenAs	member; PETI (2012-01-19--2013-04-14)3 vice-chair_member_of_the_bureau; EFD (2012-01-27--2014-06-30)3 member; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3 substitute; ECON (2012-01-19--2012-03-28)3 substitute; BUDG (2012-01-19--2014-06-30)3 unknown; Partija Tvarka ir teisingumas (2009-07-14--2014-06-30)3 member; Delegation to the EU-Kazakhstan, EU-Kyrgyzstan and EU-Uzbekistan Parliamentary Cooperation Committees, and for relations with Tajikistan, Turkmenistan and Mongolia (2009-09-16--2014-06-30)3 member; ITRE (2012-01-19--2014-06-30)3
lpv:translated text	"I welcome this resolution because a stable and credible deposit guarantee scheme will ensure adequate protection for consumers. Above all, common requirements for the comprehensive protection of depositors and equal stability of deposit guarantee schemes will stop distortion of competition and will help to protect cash deposits. Flexibility for prevention and support measures will also help to prevent the appearance of solvency problems in credit institutions and, if they should appear, will create the conditions to eliminate them as soon as possible. I believe that it is appropriate to set a time limit, which is favourable to depositors, of five working days for the payout of unavailable deposits. Depositors will thus be protected from long-term financial difficulties and this will also preserve their confidence. Conditions will also be improved to allow the swift return of deposits to depositors. In addition, clauses on providing information need to be strengthened, and consumers need to be given the possibility to transfer unprotected deposits to another credit institution without penalties."@en1

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