Amending Directive 2013/36/EU as regards supervisory powers, sanctions, third-country branches, and environmental, social and governance risks - Amending Regulation (EU) No 575/2013 as regards requirements for credit risk, credit valuation adjustment risk, operational risk, market risk and the output floor (joint debate - Banking Union)
Mr President, Commissioner, ladies and gentlemen! Today we voted on the new crisis protection rules in the banking sector. It is crucial that taxpayers are not asked to pay for the bailout of banks again, as they did in the financial crisis 15 years ago. That's why we need strict rules for banks in crisis. But we should also have learned from this how, for example, regional banks have been able fo
DESpeech
Effective coordination of economic policies and multilateral budgetary surveillance - Speeding up and clarifying the implementation of the excessive deficit procedure – amending Regulation - Requirements for budgetary frameworks of the Member States – amending Directive (joint debate – Economic governance)
Mr President! The Maastricht rules are based on economically nonsensical goals, have led to economic polarisation in the EU, fuelled by six-pack and two-pack in 2014. The rules worked best when they were out of place. Now we would have the chance to achieve cohesion through a reinterpretation. Debt sustainability analyses could have worked, but deep mistrust continues to lead to discipline and deb
DESpeech
One-minute speeches on matters of political importance
Mr President, ladies and gentlemen. In Germany, the term ‘Dönerpreisdeckel’ is trending. It is synonymous with people worrying about not being completely blank by the twentieth of the month because of the increased prices. We are in the midst of a cost of living crisis. However, this development is not only a result of inflation, but is fuelled by the greed of dominant companies. They take advanta
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