Recital 45

(45)The current three-tier ranking of deposits should be retained, as it strongly protects the claims of DGSs and consequently their financing means. However, in light of amendments to Directive 2014/49/EU introduced by Directive (EU) 2026/804 of the European Parliament and of the Council ¹⁸ that include the deposits of certain public authorities in the scope of repayment by DGSs, it is appropriate for the part of those deposits exceeding the coverage level to have the same priority ranking as that of eligible deposits of natural persons and of micro, small and medium-sized enterprises above the coverage level.