Traduction de «Crédit à deux niveaux » (Français → Anglais) :

Indeed, the final restructuring plan does not foresee any new lending above pre-crisis levels or any acquisitions of new businesses.

Robust strategies, policies, processes and systems shall exist for the identification, measurement, management and monitoring of liquidity risk over an appropriate set of time horizons, including intra-day, so as to ensure that credit institutions maintain adequate levels of liquidity buffers.

Notes that a large number of SMEs will continue to depend mainly on credits and loans when it comes to external financing; is concerned that an increasingly capital- and risk- sensitive banking sector is asking for more collateral and higher risk premiums, both requirements resulting in insufficient financing and missed business and employment opportunities in this very large sector of the economy; regards, therefore, the availability of credit and loan guarantee schemes as crucial to exploiting the growth and job potential offered by SMEs; sees a need to leverage existing programmes at national and EU level and endorses the important ...[+++] role played by EIB SME loans;

H. whereas GDP contracted by 4.1% in the EU in 2009; whereas some member states still have negative economic growth this year and perspectives for the EU for 2010 offer a fragile and sluggish growth rate of 0.7% for the EU-27 at best, with an EU-27 double digit average unemployment rate, wage stagnation and ongoing deleveraging of high private sector debt positions; whereas the private sector is still not in a position to generate new investment due to low levels of capacity utilisation, bleak economic prospects and persistent problems concerning companies access to credit,

3 Notes, however, that in two PDB budget lines of the European Regional Development Fund (ERDF), which concern in particular the Regional Competitiveness and Employment Objective and the European Territorial Cooperation Objective, the commitments are reduced compared to 2008; stresses the importance of attributing adequate resources to these objectives which are central to regional development; calls, therefore, for an increase in these commitments at least to the levels of the 2008 PDB, taking also into account the yearly inflation rate;

4. In certain specific circumstances and with the consent of the competent authorities, where there is a merger of two or more credit institutions falling within the category referred to in paragraph 2, the own funds of the credit institution resulting from the merger may not fall below the total own funds of the merged credit institutions at the time of the merger, as long as the appropriate levels specified in Article 9 have not been attained.