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The SRB is the central resolution authority within the Banking ;Its role is to protect the public interest and act as a safety net to ensure that the price to pay when a bank fails does not fall first on the taxpayer; and to  ensure an orderly resolution of failing banks with minimum impact on the real economy, the financial system, and the public finances of the participating MS and ; The SRB works closely with the NRAs, the European Commission (EC), the European Central Bank (ECB), the European Banking Authority (EBA) and national competent authorities (NCAs).  The role of the SRB is proactive: rather than waiting for resolution cases to manage, the SRB focuses on resolution planning and enhancing resolvability, to avoid the potential negative impacts of a bank failure on the economy and financial stability.
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The Federal Chamber of Labour represents the interests of 3.4 million employees and consumers in Austria. Together with the nine Chambers of Labour in each Austrian province, the following main tasks are fulfilled:Fundamental research for the benefit of workers and consumersParticipation in and control of legislationInternational presentation
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The Group of the Progressive Alliance of Socialists and Democrats is the second-largest in the European Parliament. It fights for social justice, with more and better jobs, a clear social dimension to EU policy, environment protection including action on climate change and a strong EU that gives a lead to the rest of the world. The Group has led efforts to reform financial markets and relaunch the global economy. We campaign tirelessly for real equality between men and women in Europe. The Group is led by Martin Schulz.
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