European Parliament
Angelika Werthmann  (NI ),
in writing.
(DE)
In order to reduce the risk of a ‘run on the banks’ to avoid the taxpayer once again being asked to shoulder the burden of bank failures in the event of future crises, it is vital that uniform minimum standards should be established throughout Europe to guarantee deposits. All banks, without exception, should be required to belong to a deposit guarantee scheme and adequate
ex ante
funding is required for all deposit guarantee schemes. In addition, short payout periods in compensation cases should strengthen depositor confidence. I believe that a Europe-wide payout deadline of five working days would be appropriate, instead of the 20 working days currently permitted.

