Bank crisis management and deposit insurance scheme. A step towards the completion of the Banking Union - Related Opinions

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Review of the Bank crisis management and deposit insurance framework

přijatá stanoviska on 13/07/2023
Odkaz: 
ECO/608-EESC-2022-2022-06298
Referral: 
COM(2023) 225 final COM(2023) 226 final 2023/0111 CODCOM(2023) 227 final 2023/0112 CODCOM(2023) 229 final 2023/0113 COD
Rapporteur: 
Giuseppe GUERINI (Diversity Europe - GR III / Italy)
Co-rapporteur: 
Christophe LEFÈVRE (Workers - GR II/France)
Plenární zasedání: 
580 -
Jul 12, 2023 Jul 13, 2023

The EESC opinion, that covers the Commission proposal and the request from the Spanish Presidency of the Council, endorses the reform. However, it notes the need to strike a balance between flexibility and predictability in its implementation, as well as a balanced and proportional public interest assessment to avoid damaging the interest of smaller and local entities.

stanovisko EHSV: Review of the Bank crisis management and deposit insurance framework

Towards a stronger international role of the euro

přijatá stanoviska on 19/06/2019
Odkaz: 
ECO/489-EESC-2019-00073
Referral: 
COM(2018) 796 final
Rapporteur: 
Philip VON BROCKDORFF (Workers - GR II / Malta)
Co-rapporteur: 
Dimitris DIMITRIADIS (Employers - GR I/Greece)

The EESC notes that the international role of the euro has not yet recovered to the pre-financial crisis level. Whereas the European Commission's proposed measures are welcome and deemed necessary by the EESC, they may not go far enough given the extent of the euro area's social and economic challenges. Social cohesion, economic upward convergence and the promotion of competitiveness and innovation should be the basis on which the euro area's economy gathers pace and supports a stronger international role for the euro.

stanovisko EHSV: Towards a stronger international role of the euro

Completing the Banking Union (communication)

přijatá stanoviska on 14/03/2018
Odkaz: 
ECO/443-EESC-2017-05496-00-00-ac-tra
Referral: 
COM(2017) 592 final
Rapporteur: 
Carlos TRIAS PINTÓ (Spain)
Co-rapporteur: 
Daniel MAREELS (Belgium)

The EESC welcomes the new set of measures proposed by the European Commission to complete the Economic and Monetary Union (EMU) and move towards an optimal monetary zone. The EESC supports the various proposed goals for reinforcing the Single Supervisory Mechanism (SSM) and the Single Resolution Mechanism (SRM). The EESC welcomes that the present communication provides scope for a broader discussion and for a phased approach to implementing the European Deposit Insurance Scheme (EDIS) and underlines the importance not to lose momentum in implementing the Banking Union. Finally, the EESC reiterates its commitment to a diverse financial ecosystem in which the large pan-European players coexist with small and medium-sized banks and other non-banking entities that focus reliably on the financing of the real economy on an equal footing, in an environment of much reduced systemic risk.

 

stanovisko EHSV: Completing the Banking Union (communication)

European Deposit Insurance Scheme

přijatá stanoviska on 16/03/2016
Odkaz: 
ECO/393-EESC-2015-06357-00-00-ac-tra
Referral: 
COM(2015) 586 final 2015/0270 COD
Rapporteur: 
Daniel MAREELS (Belgium)

The introduction of further risk sharing is to be accompanied by further risk reduction in the Banking Union. Both the EDIS and the relevant risk reduction measures have to be dealt with in parallel and without delay and actually put into effect. An EDIS will have a positive impact on the situation of individual Member States and banks by being more able to cushion local shocks. This may discourage speculation against specific countries or banks, thus reducing the risk of bank runs. At the same time it will further weaken the link between the banks and their national sovereigns. It is imperative that the existing legislative framework of the Banking Union is fully implemented by all Member States. It is important that the Commission carry out a comprehensive in-depth impact study in order to further strengthen the legitimacy of the proposal.

stanovisko EHSV: European Deposit Insurance Scheme

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