Examples of using Guarantee scheme in English and their translations into Czech
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Colloquial
Insurance Guarantee Schemes.
Risk of disadvantages for RBI due to its membership in Raiffeisen Customer Guarantee Scheme Austria.
In Ireland we have the bank guarantee scheme, because of the financial crisis, and we have more unity now in the EU as to how we deal with this.
It was indeed about the deposit guarantee schemes.
The White Paper on the insurance guarantee scheme which you mentioned, Mr Commissioner, is, in fact, very important for us, and we look forward to that.
Moreover, there should be clarity on the sources from which the national Youth Guarantee schemes are to be financed.
At this date, the design phase of the Youth Guarantee scheme was complete, including the submission of YGIPs by Member States and their subse‑ quent assessment by the Commission.
How do you see the role of your own organisation/its members in the future implementation andgovernance of the youth guarantee scheme?
Furthermore, would you favour some kind of enterprise guarantee scheme, similar to what is in the UK?
No impact assessment carried out for the Youth Guarantee Scheme 48 In principle all major Commission leg‑ islative, budgetary and policy defin‑ ing initiatives with significant impact must undergo an IA32.
The amount of national funding which is made available to the Youth Guarantee Scheme has not yet been fully determined.
The voluntary nationwide Raiffeisen customer guarantee scheme, established for non-subordinated obligations, might prove insufficient to compensate the Holders of Notes for any loss suffered in case of insolvency of RBI.
The Court notes that the Commis‑ sion,before proposing the Youth Guarantee scheme, did not carry out any impact assessment.
The Court considers that the Commission's assessment of this spe‑ cific ex anteconditionality for YEI and the assessment of the YGIP should be closely coordinated to ensure that the ESF/YEI OP and the Youth Guarantee scheme are in line.
Moreover, we are perfectly aware of the usefulness of loan guarantee schemes, which help a great number of small businesses.
Role of your own organisation What was the precise involvement of your organisation/ its members in introducing the youth guarantee scheme in your country?
All December 2014 EMCO reviews focused extensively on the Youth Guarantee schemes in a consistent manner, according to Work‑ ing Methods applied to all Member States.
In particular, the adequacy of the Youth Guarantee funding, the way the good qualityoffer is defined and the monitoring of the Youth Guarantee Scheme were considered.
For our part, in the European Commission,we have approved the deposit guarantee schemes submitted by each Member State to ensure that they comply with the rules on competition and state aid.
Audit scope and approach 24 Through this audit, the Court assessed whether the Commission provided appropriate support to Member States in setting up the Youth Guarantee scheme and reviewed possible imple‑ mentation risks.
Both CSRs made reference to the Youth Guarantee scheme, but neither provided details on how the countries should implement the schemes to have most impact; nor did either provide any measurable targets, or interim milestones.
I also advocate simplifying SMEs' access to the Structural Funds,particularly as regards guarantee schemes, so as to prevent their duplication.
The Youth Guarantee scheme is financed from the EU budget, in partic‑ ular through the Youth Employment Initiative(YEI)13 and the European Social Fund(ESF) for the 2014-20 pro‑ gramming period, and from national budgets see Figure 2.
The Court considers that a robust global estimate of the necessary funding for the Youth Guarantee Scheme can only be established based on reliable figures for the cost of implementing the Youth Guarantee in each Mem‑ ber State.
I know that the Commission has put forward proposals on credit rating agencies and other initiatives that address instability in financial markets to try and ensure that a similar crisis does notreoccur such as CRD, deposit guarantee schemes and Member State balance of payments.
The Court identified a number of risks to the effective implementation of the Youth Guarantee Scheme 44 The Court also considered whether potential risks to the effective imple‑ mentation of the Youth Guarantee Scheme could be identified when reviewing the Commission's assess‑ ment.
As a reaction to the worsening situation for unem‑ ployed young people, which was exacerbated by the economic andfinancial crisis, in 2012 the Commission made a proposal for a Youth Guarantee Scheme which resulted in the adoption of a Council recommendation in April 2013.
No robust estimate of costs for specific measures of the Youth Guarantee schemes 52 In 2013, the Commission request‑ ed Member States to provide a cost estimate of the planned measures and the related sources of funding when submitting their YGIPs.
The Court considers this as a missed opportunity for the Com‑ mission to ensure that Member States introduce a youth employment strat‑ egy in accordance with their political commitment to the Youth Guarantee scheme prior to the approval of the ESF/YEI OPs for the 2014-20 program‑ ming period.
Adequacy of total funding for the Youth Guarantee scheme 89 The Court considers that, in the ab‑ sence of an impact assessment by the Commission, there is insufficient infor‑ mation on the potential cost of imple‑ menting a Youth Guarantee scheme in the EU Member States.