28/11/2005 (Agence Europe) - The European Commission has begun a review of the directive on deposit guarantee schemes and in particular article 7(5) on the minimum guarantee threshold for repayment if the credit establishment should fail, currently set at 20 000 euros. On of the conclusions of the report is that setting a single guarantee level for all the Member States does not necessarily produce harmonised conditions, but the Commission does not feel able to draw conclusions on the need or otherwise to adjust this threshold, and is therefore soliciting comments on its report (responses to be sent by 15 February 2006 to the following address: markt-deposit-guarantees@cec.eu.int). A consultation document on directive 94/19/CE on deposit guarantee schemes is available on the website of DG Internal Market. The Commission intends to publish a communication on this subject in mid-2006.