MEPs at the plenary session voted to require riskier banks to contribute more to the schemes than others and say that funding for each scheme should equal 1.5% of the deposits that it covers. In addition, bank deposit guarantee schemes must return €5,000 of a depositor's money within a week of being asked, wherever a struggling bank is unable to do so. They also consider that it are needed shorter-term solutions and Eurobonds for Eurozone stability.

The European Parliament adds pressure to break deadlock on bank deposit guarantee schemes directive. In fact, as Parliament's talks with Member States on a directive for a stronger deposit guarantee system have stalled, MEPs voted to move to a second reading in a bid to build pressure to reach a deal. The Council must now state its position. Once it does so, Parliament and Member States will have a maximum of 4 months to reach a deal. Among the measures proposed by MEPs, some Member States are against the €5,000 quick payout but MEPs argue that it is necessary to enable people to meet their daily basic needs until the guarantee scheme returns the remainder of their deposits. In May 2011, the Economics Committee uphold the increased bank deposit protection limit.

In addition, the adopted text sets the level of funding for each scheme at 1.5% of the deposits covered, to be reached within 15 years of the directive's entry into force. Member States want the figure to be set at only 0.5%, an amount considered insufficient by MEPs. Furthermore, the text also stipulates that the riskiest banks could pay 2½ times more than the average. Member States are currently resisting this approach, arguing that contributions should be based on the amount a bank holds in deposits rather than on how risky its activities are.

On the other hand, MEPs also consider that Eurobonds will be a source of stability for the Eurozone in the medium term, but only when its remaining design issues are resolved. They already asked for this solution at the previous plenary session, in 3 of February. At the same time, other financial instruments must be put in place rapidly to meet the bloc's short-term needs, such as the redemption pact proposed by the German Council of Economic Advisers.