European Parliament
A7-0225/2011
Elena Băsescu  (PPE ).
(RO)
Mr President, deposit guarantees represent an indispensable element for the credit institutions’ supervisory system. The system will allow compensation of depositors up to a certain ceiling, established at EUR 100 000. Depositors are exempt from participation in long insolvency procedures. At present, EU systems provide different protection levels for deposits and impose unequal financial obligations on the banks. It is important that the deposit guarantee system should ensure financial stability for clients. That is why depositors must be informed with respect to both guaranteed and non-guaranteed financial products.
I support the
ex ante
funding of the systems and differentiated contributions to deposit guarantee systems. I wish to point out that such systems must be permanently supervised. It is essential to perform crisis simulations for the systems used.

