07/10/2010 (Agence Europe) - The Swedish parliament supports the initiative of the German parliament to activate the “early warning mechanism” included in the Lisbon Treaty to protest against non-respect of the subsidiarity principle in the Commission's proposal on banking deposit guarantees and has even jumped ahead of this initiative. Although the Bundestag and the Bundesrat voted on their resolution on Thursday 7 October (EUROPE 10230), the finance committee at the Swedish Riksdag had already given its decision on Wednesday 6 October against the Commission proposal claiming that this would “risk leading certain countries to under finance their guarantee systems”. Several other national parliaments are still expected to join this initiative to compel the Commission to revise its decision. (H.B./transl.fl)