Traduction de «Escompte de banque » (Français → Anglais) :

The medium-term funding and capital plans of domestic banks relying on central bank funding or receiving state aid shall realistically reflect the anticipated deleveraging in the banking sector, and reduce dependency on borrowing from the central banks, while avoiding asset fire sales and a credit crunch.

The medium-term funding and capital plans of domestic banks relying on central bank funding or receiving State aid should realistically reflect the anticipated deleveraging in the banking sector, and reduce dependency on borrowing from the central banks, while avoiding asset fire sales and a credit crunch.

In order to help businesses and to encourage economic recovery, the EIB substantially increased the volume of its lending in the last quarter of 2008: with signatures ultimately totalling EUR 57 billion, an increase of 21 % compared to 2007; disbursed EUR 10 billion more than expected; in particular, loans to SMEs increased by 42 % compared to 2007.

Mr Schmidt’s report presents some ways forward: improve cooperation between the central banks and regulatory authorities in the struggle to reconcile financial deregulation and regulation; create a framework for the ECB’s financial management role; promote coordination of economic policies between the Eurogroup, the Commission and the ECB; improve transparency of decision-making; and more than anything else, provide information that allows the public to understand ECB measures; promote structural reform of the Bank’s governance; ...[+++] manage interest rates with great care, avoiding speculative interventions and inadequate market discounts, in order not to endanger investment policy, job creation, structural reform and economic growth.

53. Asks for a better and stricter regulatory framework for banks and other financial institutions; considers the importance of 'cash-holding' instruments or margin requirements, which implies that financial institutions retain a part of their loans and investments in cash; considers that this type of instrument could be used to intervene on the loan policy of banks, in particular by permitting the use of such 'cash-holdings' at discount-interest rates for micro-credits, micro and small enterprise financing and social projects, like social housing;

23. Welcomes the concept of Technology Platforms which will provide a boost to developing lines of research which will meet the requirements of the market; believes, however, that more funding is needed for applied research leading to innovative products; in this respect, welcomes the European Investment Bank's (EIB) intention to increase substantially the financing available for growth-enhancing investments in RD and SMEs; recalls the conclusions of the abovementioned Brussels' European Council, expecting up to EUR 30 billion in venture capital and guaranteed bank loans to support innovation and to reinforce action in R encourages th ...[+++]e Commission and the EIB, together with the private sector, to give follow-up to these conclusions in practical terms;