Examples of using Backstop in English and their translations into Hungarian
{-}
-
Colloquial
-
Official
-
Medicine
-
Ecclesiastic
-
Financial
-
Programming
-
Official/political
-
Computer
Such a backstop would imply a temporary mutualisation of possible fiscal risk related to bank resolutions across the Banking Union.
However, under the backstop and in order to avoid a hard border, Northern Ireland businesses can place products on the EU's internal market without restriction.
The European Council underlines that the backstop is intended as an insurance policy to prevent a hard border on the island of Ireland and ensure the integrity of the Single Market.
For this reason, Member States have agreed that the Banking Union requires access to an effective common fiscal backstop to be used as a last resort.
The backstop was conceived as a guarantee that the Irish border would remain open after Brexit.
No resolution mechanism or financial backstop was in place for the stress tests at an EU level to support banks directly.
The authorities of the United Kingdom will be responsible for implementing and applying the backstop in Northern Ireland.
For the Eurosystem, the agreement serves as a liquidity backstop to reassure euro area banks that Chinese renminbi will continue to be available
Without the backstop, there is no withdrawal agreement,
(7) Leverage ratios contribute to preserving financial stability by acting as a backstop to risk based capital requirements
have yet to pull the trigger on the backstop plan.
A backstop for the Banking Union, through the European Monetary Fund/European Stability Mechanism,
A backstop for the Banking Union, through the EMF/ESM, to be agreed by mid-2018
Those against the backstop and not proposing realistic alternatives in fact support reestablishing a border.”.
The response from Donald Tusk has been unambiguous:“Those against the backstop and not proposing realistic alternatives in fact support reestablishing a border.”.
permanent financial backstop- the European Stability Mechanism(ESM).
December Euro Summits decided to make the ESM the backstop to the Single Resolution Fund(SRF) for banks in resolution.
If there is no backstop then there can be no Withdrawal Agreement
Moreover, the decision-making for disbursements by the backstop should be rapid and should not delay the adoption and execution of the SRB's resolution decisions.
The backstop is expected to serve as a last resort to support effective