Translation of "Zur rekapitalisierung" in English

More than a trillion dollars has been spent on recapitalising banks across the world.

And transfers would have been needed to recapitalize the periphery banks.

Second, China can participate in bank recapitalization in Europe.

We approved a co-ordinated scheme to recapitalise banks across Europe.

We will provide adequate resources to recapitalise Greek banks if needed.

That said, some form of leverage could be used in recapitalizing the banks.

The newly-created position of CRO is part of the company's recapitalization agreement.

A bank recapitalisation strategy following the work of the EBA should include the following elements:

It is also in line with the Commission's Recapitalisation Communication.

Spain is discussed in the AMR, as the official financing being provided is specific for the recapitalisation of banks.

The EU has already taken action as regards the recapitalisation of banks in several ways.

Spain has already applied to the EFSF for funds to recapitalize its banks.

After our initiatives on recapitalisation and guarantees, our guidance on impaired assets targets the major obstacle now identified as blocking the flow of credit.

I have already mentioned the EUR 400 billion or 3.3% of GDP, not including funds for recapitalising banks and guarantees amounting to more than 10% of GDP, which is all the EU can afford at the moment.

To address this challenge , banks should turn to the market to strengthen further their capital bases and , where necessary , take full advantage of government support measures for recapitalisation .

Unless it introduces practical measures to support the countries at the periphery of the global financial system, global markets will suffer another round of decline, just as they did after United States Treasury Secretary Timothy Geithner’s failure in February to produce practical measures to recapitalize America’s banking system.

Against this background, well-targeted public interventions providing recapitalisations to companies in need could reduce the risk to the EU economy as a whole.

Since national public support for the recapitalisation of some companies can be highly distortive for competition in the EU Single Market, the Commission is proposing a number of safeguards on the conditions for granting State aid as well as for the behaviour of the companies benefitting from it, both on the market and in terms of their governance.

Where necessary , to address this challenge , banks should retain earnings , turn to the market to strengthen further their capital bases or take full advantage of government support measures for recapitalisation .

Worse still, much of the money flowing into the banks to recapitalize them so that they could resume lending has been flowing out in the form of bonus payments and dividends.

But, unfortunately, doing so is still a country-by-country decision – the collective mechanisms for recapitalizing European banks remain partial and far too weak.

A third option would be to confront the European banking union’s shortcomings by setting out a comprehensive plan to restructure, recapitalize, and consolidate the Italian banking system, thereby ending decades of poor governance and bad supervisory practices.

This new approach would require, first, a substantial increase in the size of Atlante, the fund set up to recapitalize some of the weaker Italian banks, to enable it to play the standard role of asset triage of a “bad bank” for the entire banking sector.

Similarly, though it had been envisaged that the European Stability Mechanism could be used to recapitalize banks, it was eventually decided that the ESM would lend only to governments, rather than assuming bank risk directly.