Edward SCICLUNA
Constituencies
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Malta
Partit Laburista
2009/07/14 - 2013/03/12
Groups
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S&D
Member
Group of the Progressive Alliance of Socialists and Democrats in the European Parliament
2009/07/14 - 2013/03/12
Committees
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Delegations
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| Role | Delegation | Start | End |
|---|---|---|---|
| Member of | Delegation to the ACP-EU Joint Parliamentary Assembly | 2009/09/16 | 2013/03/12 |
| Member of | Delegation to the Parliamentary Assembly of the Union for the Mediterranean | 2012/03/14 | 2013/03/12 |
| Substitute of | Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) | 2009/09/16 | 2012/03/12 |
Rapporteur
| Opinion | 2012/2044(INI) | 20 main concerns of European citizens and business with the functioning of the Single Market |
| Shadow | 2012/2028(INI) | Feasibility of introducing stability bonds |
| Responsible | 2012/0084(COD) | European statistics: professional independence of national statistical authorities |
| Responsible | 2011/2289(INI) | Quality management for European statistics |
| Responsible | 2011/0459(COD) | European statistical programme 2013-2017 |
| Opinion | 2010/2010(INI) | Developing the job potential of a new sustainable economy |
| Opinion | 2010/0821(NLE) | Treaty on the Functioning of the EU (TFEU): stability mechanism for Member States whose currency is the euro (amend. Article 136 TFEU) |
| Shadow | 2010/0374(COD) | European system of national and regional accounts in the European Union (revision of ESA 95) |
| Responsible | 2010/0135(NLE) | Euro: adoption by Estonia of the euro on 1 January 2011 |
| Responsible | 2009/2090(INI) | ECB annual report for 2008 |
Born
1946/10/12 Naxxar- Diploma in Politics and Economics, University of Oxford (1972). University of Malta BA (Hons.), Economics. MA, Economics (1976). PhD, Economics (University of Toronto (1982). Professor, Department of Economics, University of Malta (1981-2009). Director, Central Bank of Malta and member of the Monetary Policy Committee (1996-2003). Chairman of the Maltese Financial Services Authority (1997-1999).
- Electoral Commissioner (1987-1993). Chairman of the Malta Council for Economic and Social Development (1999-2003). Member of the National Euro Change-over Committee (2005-2008).
- Appointed euro expert by the European Commission (2006-2009).
- Member of the Auditing Committee of the Council of Europe Development Bank (1997-2000).
- Malta's Representative on the United Nations Environmental Programme's Mediterranean Action Plan (1987-1997). Member, Malta Commission for Sustainable Development (2002-2004).
- Non-Executive Directorships: HSBC Malta Funds SICAV plc and Structured Funds SICAV plc; Cottonera Waterfront Group plc; San Antonio Hotels and Spa. Applied Economics Consultancy.
Amendments
| Amendments | Dossier |
| 11 |
2009/2090(INI) ECB annual report for 2008
2009/02/12
ECON
11 amendments...
Amendment 13 #
Motion for a resolution Paragraph 2 2. Welcomes the fact that the Treaty of Lisbon
Amendment 17 #
Motion for a resolution Paragraph 5 5. Notes that the ECB continued to respond to the financial crisis by assisting Member States in maintaining and extending its liquidity provisions to credit institutions; recommends that the ECB extend such liquidity outside the euro area to assist those Member States which have been worst hit by the financial crisis;
Amendment 19 #
Motion for a resolution Paragraph 6 6. Expresses
Amendment 24 #
Motion for a resolution Paragraph 8 8. Expresses disappointment that the extra liquidity injected by the ECB did not sufficiently ease the credit crunch faced by industry, particularly small and medium sized businesses, and was instead used by some banks to improve their margins and cover losses;
Amendment 33 #
Motion for a resolution Paragraph 9 9. Agrees with the ECB that the increasing complexity of financial instruments
Amendment 43 #
Motion for a resolution Paragraph 13 13. States that Member States should
Amendment 49 #
Motion for a resolution Paragraph 15 15. Calls on all Member States in the euro area to take
Amendment 53 #
Motion for a resolution Paragraph 15 a (new) (before subheading "Governance and decision making") 15a. Points out that, during a period marked by a high degree of exchange rate volatility, the euro has increased its strength, particularly against the US dollar and the renminbi-yuan, and expresses concern that this could have a detrimental effect on the competitiveness of the euro area;
Amendment 58 #
Motion for a resolution Paragraph 17 17. Highlights the independence of the ECB, including the procedure for appointing members to its Executive Board; considers, however, that the new legal status
Amendment 61 #
Motion for a resolution Paragraph 18 18. Opines that the crisis has demonstrated that markets are prone to systemic risk
Amendment 66 #
Motion for a resolution Paragraph 23 23. Feels that Parliament should work with the ECB and with the other EU institutions in order to
source: PE-430.869
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| 1 |
2009/2150(INI) Effects of the global financial and economic crisis on developing countries and on development cooperation
2009/12/14
ECON
1 amendments...
Amendment 30 #
Draft opinion Paragraph 4 a (new) 4a. Notes with concern that the further deterioration of the economic well-being of developing countries could lead to unacceptably high levels of unemployment and increased economic migration (including illegal immigration); adds that such migration flows could lead to a 'brain drain' from developing nations and damage their future economic growth;
source: PE-430.910
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| 1 |
2009/2174(INI) Promoting good governance in tax matters
2009/11/17
ECON
1 amendments...
Amendment 41 #
Motion for a resolution Paragraph 9 9. Considers that there is a need for consistency a
source: PE-430.689
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| 9 |
2009/2203(INI) Report on the 2009 annual statement on the euro area and public finances
2009/09/12
ECON
9 amendments...
Amendment 16 #
Motion for a resolution Paragraph 2 2. Welcomes the active and flexible monetary policy of the ECB since August 2008 in extending liquidity provisions to credit institutions;
Amendment 19 #
Motion for a resolution Paragraph 3 3. Is concerned
Amendment 20 #
Motion for a resolution Paragraph 4 4. Welcomes the intensified coo
Amendment 28 #
Motion for a resolution Paragraph 5 5. Is concerned by the economic consequences of a
Amendment 40 #
Motion for a resolution Paragraph 7 7. Warns against focusing e
Amendment 54 #
Motion for a resolution Paragraph 12 Amendment 56 #
Motion for a resolution Paragraph 13 13. Points out that internal imbalances pose a risk to the euro area and that countries with large
Amendment 65 #
Motion for a resolution Paragraph 15 15. Calls upon countries
Amendment 86 #
Motion for a resolution Paragraph 20 20. Suggests using the relevant instruments included in the Treaty and the excessive deficit procedure of the SGP to ensure that Member States avoid excessive deficits and current account surpluses;
source: PE-430.909
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| 4 |
2010/0035(NLE) Economic policy: quality of statistical data in the context of the excessive deficit procedure (amend. Regulation (EC) No 479/2009)
2010/09/06
ECON
4 amendments...
Amendment 11 #
Proposal for a regulation – amending act Recital 4 (4) However, recent developments in the Union have also clearly demonstrated that the current governance framework for fiscal statistics still does not mitigate, to the extent necessary, the risk of incorrect or inaccurate data being deliberately notified to the Commission.
Amendment 19 #
Proposal for a regulation – amending act Recital 8 a (new) (8a) The Member States should provide the Commission (Eurostat) with all statistical and budgetary information on the basis of a standardised and internationally accepted method of accounting.
Amendment 24 #
Proposal for a regulation – amending act Article 1 – point 2 Regulation (EC) No 479/2009 Article 8 – paragraph 2 a (new) 2a. Statistical and budgetary information to be provided by Member States to the Commission (Eurostat) shall be based on a standardised and internationally accepted method of accounting agreed with the Commission (Eurostat).
Amendment 31 #
Proposal for a regulation – amending act Article 1 – point 5 Regulation (EC) No 479/2009 Article 12 – paragraph 2 – subparagraph 1 a (new) The Commission (Eurostat) may make on-site inspections and be permitted to hold interviews with any organisation it deems relevant to its work.
source: PE-442.956
|
| 41 |
2010/0276(CNS) Economic governance: implementation of the excessive deficit procedure. 'Six pack'
2011/02/15
ECON
41 amendments...
Amendment 57 #
Proposal for a regulation – amending act Recital 1 (1) The coordination of the economic policies of the Member States within the Union, as provided by the Treaty, should entail compliance with the guiding principles of stable prices, sound and sustainable public finances and monetary conditions and a sustainable balance of payments as well as with Article 9 of the Treaty.
Amendment 73 #
Proposal for a regulation – amending act Recital 3 (3) The Stability and Growth Pact is based on the objective of sound and sustainable government finances as a means of strengthening the conditions for price stability and for strong sustainable growth underpinned by financial stability and conducive to employment creation. Accordingly, its implementation must be measured against its ability to meet these objectives.
Amendment 78 #
Proposal for a regulation – amending act Recital 4 (4) The common framework for economic governance
Amendment 80 #
Proposal for a regulation – amending act Recital 4 a (new) (4a) Member States should provide for fiscal arrangements such as national fiscal rules, respecting the principles laid down in Council Directive (....) on requirements for budgetary frameworks of the Member States, and provide for fully independent public institutions to be involved in the budgetary process and medium-term budgetary framework. National budgetary rules should be complementary to the Member States' commitments under the Stability and Growth Pact. National institutions should play a more prominent role in budgetary surveillance to strengthen national ownership, enhance enforcement through national public opinion and complement the economic and policy analysis that exists at EU level.
Amendment 88 #
Proposal for a regulation – amending act Recital 4 b (new) (4b) The improved economic governance framework should incorporate policies for sustainable growth and job creation and an effective framework to prevent excessive budget deficits and debts, alongside a robust framework for preventing and correcting macro- economic imbalances, stronger financial market regulation and supervision as well as a credible permanent financial stability mechanism.
Amendment 93 #
Proposal for a regulation – amending act Recital 4 c (new) (4c) The Stability and Growth Pact and the Union's economic governance framework as a whole should complement and be compatible with a Union strategy for growth and job creation that boosts the Union's competitiveness and social stability.
Amendment 94 #
Proposal for a regulation – amending act Recital 4 d (new) (4d) Strengthening economic governance should go hand in hand with reinforcing the democratic legitimacy in the establishment of economic governance, which should be achieved through closer and timelier involvement of the European Parliament and national parliaments throughout the procedure of economic policy co-ordination.
Amendment 100 #
Proposal for a regulation – amending act Recital 4 e (new) (4e) The Commission should have a stronger and more independent role in the enhanced surveillance procedure as regards Member-State-specific assessments, monitoring, missions, recommendations and warnings. This Regulation should enter into force as soon as possible after its adoption. The Commission should, however, when making proposals for measures to implement this Regulation, take into account the current economic situation of the concerned Member States and all other relevant factors.
Amendment 101 #
Proposal for a regulation – amending act Recital 4 f (new) (4f) Article 3 of the Protocol (No 12) on the excessive deficit procedure annexed to the Treaties provides that Member States ensure that national procedures in the budgetary area enable them to meet their Treaty obligations in this area of policy.
Amendment 117 #
Proposal for a regulation – amending act Recital 5 b (new) (5b) The debt criteria should be better integrated in each step of the excessive deficit procedure in order to ensure the sustainability of public finances while maintaining adequate levels of public investment.
Amendment 119 #
Proposal for a regulation – amending act Recital 5 c (new) (5c) The framework to control public and private debt should support long-term growth and take due account of the anti- cyclical role of budgetary policy, and should, during downturns, be combined with efforts to stimulate the economy, such as public investment.
Amendment 121 #
Proposal for a regulation – amending act Recital 6 (6) Implementing the existing excessive deficit procedure on the basis of both the deficit criterion and the debt criterion requires the defini
Amendment 128 #
Proposal for a regulation – amending act Recital 7 (7) The establishment of the existence of an excessive deficit based on the debt criterion and the steps leading to it should not be based solely on non-compliance with the cyclically-adjusted numerical benchmark, but always take into account the whole range of relevant factors covered by the Commission report under Article 126(3) of the Treaty.
Amendment 143 #
Proposal for a regulation – amending act Recital 10 (10) In order to support the monitoring of compliance with Council recommendations and notices for the correction of the situations of excessive deficit, there is a need that these specify annual budgetary targets consistent with the required fiscal improvement in cyclically adjusted terms, net of fiscal one-offs and other temporary measures.
Amendment 145 #
Proposal for a regulation – amending act Recital 11 (11) The assessment of effective action will benefit from taking compliance with general government expenditure and tax revenue targets as a reference in conjunction with the implementation of planned specific revenue measures.
Amendment 155 #
Proposal for a regulation – amending act Recital 14 a (new) (14a) The economically and politically more sensitive incentives and sanctions should take due account of the structure of the national deficit and debt within the context of the economic cycle in order to avoid a pro-cyclical fiscal policy, and the structural composition of public revenue and expenditure needed to enact growth- delivering reforms particularly in the framework of the Union's growth and employment objectives.
Amendment 161 #
Proposal for a regulation – amending act Recital 14 b (new) (14b) The Council and the Commission should make their positions and decisions public at appropriate stages of the economic policy coordination procedures, while fully respecting the provisions laid down in the Treaties, in order to ensure effective peer pressure, while the European Parliament may invite a representative from the Member State concerned to explain at public hearings before its competent committee its decisions and policies.
Amendment 167 #
Proposal for a regulation – amending act Article 1 – point 1 Regulation (EC) No 1467/97 Article 1– paragraph 2 2. For the purpose of this Regulation : - 'participating Member States'
Amendment 182 #
Proposal for a regulation – amending act Article 1 – point 2 – point b Regulation (EC) No 1467/97 Article 2– paragraph 1a 1a. When it exceeds the reference value, the ratio of the government debt to gross domestic product (GDP) is to be considered sufficiently diminishing and approaching the reference value at a satisfactory pace in accordance with Article 126 (2) (b) of the Treaty if the differential with respect to the reference value has reduced over the previous three years at a rate of the order of one-twentieth per year. A reduction of the differential with respect to the reference value of less that one-twentieth per year over a three year period may, nevertheless, be considered to be satisfactory if this lesser reduction is due to new government debt for public investment. The definition of what shall constitute public investment conducive to achieving the Union's growth and employment objectives within the scope of this regulation shall be laid down by the Commission through a delegated act, respecting the principles laid down in Council Directive [...] on requirements for budgetary frameworks of the Member States. In order to take due account of the economic cycle in the case of an annual GDP volume growth rate below 1%, the Commission will define a proportionate benchmark below one-twentieth for determining the average rate of reduction referred to above. For a period of 3 years from [date of entering into force of this Regulation - to be inserted], account shall be taken of the backward-looking nature of this indicator in its application. For a period of 3 years from [date of entering into force of this Regulation - to be inserted], account shall be taken of the backward-looking nature of this indicator in its application.
Amendment 190 #
Proposal for a regulation – amending act Article 1 – point 2 – point c 3. The Commission, when preparing a report under Article 126(3) of the Treaty shall take into account all relevant factors as indicated in that Article. The report shall appropriately reflect developments in the medium-term economic position (in particular potential growth, prevailing cyclical conditions, inflation, e
Amendment 202 #
Proposal for a regulation – amending act Article 1 – point 2 – point d Regulation (EC) No 1467/97 Article 2 – paragraph 4 Amendment 215 #
Proposal for a regulation – amending act Article 1 – point 2 – point e Regulation (EC) No 1467/97 Article 2 – paragraph 7 Amendment 230 #
Proposal for a regulation – amending act Article 1 – point 3 – point b Regulation (EC) No 1467/97 Article 3 – paragraph 3 (b)
Amendment 234 #
Proposal for a regulation – amending act Article 1 – point 3 – point c Regulation (EC) No 1467/97 Article 3 – paragraph 4 4. The Council recommendation made in accordance with Article 126(7) of the Treaty shall establish a deadline of six months
Amendment 238 #
Proposal for a regulation – amending act Article 1 – point 3 – point c a (new) Regulation (EC) No 1467/97 Article 3 – paragraph -4 a (new) (ca) the following paragraph -4a is inserted: "-4a. The Commission may request additional reporting from the Member State concerned."
Amendment 239 #
Proposal for a regulation – amending act Article 1 – point 3 – point c a (new) Regulation (EC) No 1467/97 Article 4 – paragraph -4 b (new) (ca) the following paragraph -4b is inserted: "-4b. The European Parliament may invite a representative from the Member State concerned to explain its economic and budgetary policy and the action it intends to take before its competent committee."
Amendment 242 #
Proposal for a regulation – amending act Article 1 – point 3 – point d Regulation (EC) No 1467/97 Article 3 – paragraph 4a 4a. Within the deadline of six month
Amendment 245 #
Proposal for a regulation – amending act Article 1 – point 3 – point d a (new) Regulation (EC) No 1467/97 Article 3 – paragraph 4a a (new) (da) the following paragraph 4a a is inserted: 4a a. The European Parliament may invite a representative from the Member State concerned to explain its economic and budgetary policy and the action it intends to take to correct the excessive deficit situation before its competent committee.
Amendment 250 #
Proposal for a regulation – amending act Article 1 – point 3 – point e Regulation (EC) No 1467/97 Article 3 – paragraph 5 5. If effective action has been taken in compliance with a recommendation under Article 126(7) of the Treaty and unexpected adverse economic events with major unfavourable consequences for government finances occur after the adoption of that recommendation, the Council may decide, on a recommendation from the Commission, to adopt a revised recommendation under Article 126(7) of the Treaty. The revised recommendation, taking into account the relevant factors mentioned in Article 2(3) of this Regulation, may
Amendment 252 #
Proposal for a regulation – amending act Article 1 – point 4 Regulation (EC) No 1467/97 Article 4 – paragraph 2 2. The Council, when considering whether effective action has been taken in response to its recommendations made in accordance with Article 126(7) of the Treaty, shall base its decision on the report submitted by the Member State concerned in accordance with Article 3(4a) of this Regulation and its implementation as well as on the assessment made within the Excessive Imbalances Procedure and on any other publicly announced decisions by the Government of the Member State concerned.
Amendment 258 #
Proposal for a regulation – amending act Article 1 – point 5 – point a Regulation (EC) No 1467/97 Article 5 – paragraph 1 1. Any Council decision to give notice to the participating Member State concerned to take measures for the deficit reduction in accordance with Article 126(9) of the Treaty shall be taken within two months of the Council decision establishing that no effective action has been taken in accordance with Article 126(8). In the notice, the Council shall request that the Member State achieve annual budgetary targets which, on the basis of the forecast underpinning the notice, are consistent with a minimum annual improvement of at least 0,5 % of GDP as a benchmark, in its cyclically adjusted balance net of fiscal one-offs and other temporary measures, in order to ensure the correction of the excessive deficit within the deadline set in the notice. The Council shall also indicate measures conducive to the achievement of these targets.
Amendment 262 #
Proposal for a regulation – amending act Article 1 – point 5 – point b Regulation (EC) No 1467/97 Article 5 – paragraph 1a 1a. Following the Council notice given in accordance with Article 126(9) of the Treaty, the Member State concerned shall report to the European Parliament, the Commission and the Council on action taken in response to the Council notice. The report shall include the targets for
Amendment 263 #
Proposal for a regulation – amending act Article 1 – point 5 – point b a (new) Regulation (EC) No 1467/97 Article 5 – paragraph 1a a (new) (ba) the following paragraph 1a a is inserted: "1a a. The Commission shall monitor and evaluate adjustment measures taken to address the excessive deficit on the basis of surveillance visits in accordance with Article 8 and prepare a report to the Council. This report shall be made public."
Amendment 266 #
Proposal for a regulation – amending act Article 1 – point 5 – point b a (new) Regulation (EC) No 1467/97 Article 5 – paragraph 1a b (new) (ba) the following paragraph 1ab is inserted: "1ab. The European Parliament may invite a representative of the Member State concerned to explain its economic and budgetary policy and the action it intends to take before its competent committee."
Amendment 271 #
Proposal for a regulation – amending act Article 1 – point 6 Regulation (EC) No 1467/97 Article 6 – paragraph 1 1. The Council, when considering whether effective action has been taken in response to its notice made in accordance with Article 126(9) of the Treaty, shall base its decision on the report submitted by the Member State concerned in accordance to Article 5(1a) of this Regulation and its implementation as well as on the assessment made within the Excessive Imbalances procedure and on any other publicly announced decisions by the Government of the Member State concerned.
Amendment 280 #
Proposal for a regulation – amending act Article 1 – point 10 – subpoint a a (new) Regulation (EC) No 1467/97 Article 10 – paragraph 1 – subparagraph 1 a (new) (aa) the following paragraph 1a is inserted: "1a. The Commission shall maintain a permanent dialogue with the authorities of Member States in accordance with the objectives of this Regulation. In this regards, the Commission shall carry out, in all Member States, visits for the purpose of regular dialogue and, where appropriate, surveillance."
Amendment 281 #
Proposal for a regulation – amending act Article 1 – point 10 – point a b (new) Regulation (EC) No 1467/97 Article 10 – paragraph 1 – subparagraph 1 b (new) (ab) the following paragraph 1b is inserted: "1b. When maintaining dialogue or organising surveillance visits, the Commission shall, if appropriate, transmit its provisional findings to the Member State concerned for comments."
Amendment 282 #
Proposal for a regulation – amending act Article 1 – point 10 – subpoint a c (new) Regulation (EC) No 1467/97 Article 10 – paragraph 1 – subparagraph 1 c (new) (ac) the following paragraph 1c is inserted: "1c. The Commission shall inform the Economic and Financial Committee and the competent committee in the European Parliament of the reasons for surveillance visits."
Amendment 290 #
Proposal for a regulation – amending act Article 1 – point 12 Regulation (EC) No 1467/97 Article 12 – paragraph 1 1. The amount of the fine shall comprise a fixed component equal to 0,2 % of GDP, and a variable component
Amendment 298 #
Proposal for a regulation – amending act Article 1 – point 12 Regulation (EC) No 1467/97 Article 12 – paragraph 3 3. Any single fine referred to in paragraphs 1 and 2 shall not exceed the upper limit of 0,
Amendment 309 #
Proposal for a regulation – amending act Article 1 – point 14 Regulation (EC) No 1467/97 Article 16 Fines referred to in Article 12 of this Regulation shall constitute other revenue referred to in Article 311 of the Treaty and shall be
source: PE-458.575
|
| 31 |
2010/0278(COD) Economic governance: effective enforcement of budgetary surveillance in the euro area. 'Six pack'
2011/02/16
ECON
31 amendments...
Amendment 78 #
Proposal for a regulation Recital 2 a (new) (2a) The annual policy recommendations by the Commission should be discussed in the European Parliament before the beginning of discussions in the Council.
Amendment 92 #
Proposal for a regulation Recital 2 b (new) (2b) Without prejudice to their rights and obligations under the TFEU, the Member States whose currency is not the euro should have the right to apply the economic governance legislation, including those Member States whose currency is not the euro but have been admitted to ERM II under the terms of their accession treaty to the Union.
Amendment 100 #
Proposal for a regulation Recital 3 (3)
Amendment 106 #
Proposal for a regulation Recital 4 a (new) Amendment 113 #
Proposal for a regulation Recital 4 b (new) (4b) A European Monetary Fund managed under Union rules and financed in part with the revenues of the fine, should be established in compliance with Article 3 (1) (c) and Article 122 (2) TFEU in order to safeguard financial stability of the euro area and its Member States whose currency is the euro. That fund should be based on the decisions taken by the Council of 9 and 10 May 2010 and the statement by the Euro group of 28 November 2010.
Amendment 130 #
Proposal for a regulation Recital 5 (5) Sanctions for Member States whose currency is the euro in the preventive part of the Stability and Growth Pact should provide incentives for
Amendment 137 #
Proposal for a regulation Recital 6 (6)
Amendment 144 #
Proposal for a regulation Recital 7 (7) In the preventive part of the Stability and Growth Pact, the incentive for
Amendment 148 #
Proposal for a regulation Recital 8 (8) The interest-bearing deposit imposed should be released to the Member State concerned together with the interest accrued on it once the Council has been satisfied that the situation giving rise to the obligation to lodge that deposit has come to an end.
Amendment 152 #
Proposal for a regulation Recital 10 (10) The size of the interest-bearing deposit, of the non-interest-bearing deposit and of the fine provided for in this Regulation should be set in such a way as to ensure a graduation of sanctions in the preventive and corrective parts of the Stability and Growth Pact while avoiding pro-cyclicality and to provide sufficient incentives for the Member States whose currency is the euro to comply with the fiscal framework of the Union. The fine linked to Article 126(11) of the Treaty as specified in Article 12 of Regulation (EC) No 1467/974 is composed of a fixed component that equals 0.2% of GDP and of a variable component. Thus, graduation and equal treatment between Member States are ensured if the interest-bearing deposit, the non-interest-bearing deposit and the fine specified in this Regulation are equal to 0.2% of GDP, the size of the fixed component of the fine linked to Article 126(11) of the Treaty.
Amendment 160 #
Proposal for a regulation Recital 11 (11) A
Amendment 165 #
Proposal for a regulation Recital 12 (12) The non-interest-bearing deposit should be released upon correction of the excessive deficit while the interest on such deposits and the fines collected should be
Amendment 176 #
Proposal for a regulation Recital 15 a (new) (15a) Given that the monetary policy for the Member States whose currency is the euro is an exclusive competence of the Union, the Commission should be entrusted with emergency intervention powers when the stability of the euro is put at risk.
Amendment 192 #
Proposal for a regulation Article 1 – paragraph 1 1. This Regulation sets out a system of incentives and sanctions for enhancing the enforcement of the preventive and corrective parts of the Stability and Growth Pact in the euro area.
Amendment 194 #
Proposal for a regulation Article 1 – paragraph 1 a (new) 1a. In order to improve the dialogue between the Union institutions, in particular the European Parliament, the Council and the Commission, and with the national parliaments, governments and other relevant bodies of the Member States, and to ensure greater transparency and public accountability, the competent committee of the European Parliament may organise public hearings on macro- economic and budgetary surveillance undertaken by the Council and the Commission.
Amendment 198 #
Proposal for a regulation Article 1 – paragraph 2 2. This Regulation shall apply to Member States whose currency is the euro. It shall also apply to Member States whose currency is not the euro but who have been admitted to ERM II.
Amendment 204 #
Proposal for a regulation Article 2 a (new) Article 2a A European Monetary Fund shall be established with the aim of safeguarding financial stability of the euro area composed of its Member States whose currency is the euro and to reinforce budgetary discipline among Member States.
Amendment 212 #
Proposal for a regulation Article 2 b (new) Article 2b Common eurobonds 1. Common eurobonds in the euro area shall be established with the aim of reinforcing discipline and compliance with the Stability and Growth Pact. Eurobonds shall be introduced only once the criteria in this Article have been met, including a comprehensive impact assessment. Eurobonds shall be established and shall function in accordance with the relevant provisions of the TFEU. Eurobonds shall not increase the quantity of debt. They shall be issued in exchange, at market price, of existing national bonds or in place of national bonds issuance. 2. The participation for the issuance of eurobonds shall be subject to strict conditionality consistent with the principles and objectives of the Union as laid down in the TEU and the TFEU. 3. Eurobonds may pool up to 60% of GDP of the national debt of each Member State. Common debt shall be senior debt and shall take priority over all other debts issued by the Member States. 4. Member States with a derogation may participate 5. The issue of eurobonds shall be subject to robust institutional and administrative supervision in accordance with the highest standards and best practices of agencies currently managing sovereign debt in the Member States.
Amendment 214 #
Proposal for a regulation Article 2 c (new) Article 2c Revenues from unused payments appropriations Revenues arising from unused payments appropriations in the Union budget may be carried over into the following year's Union budget, and allocated to programmes conducive to the Union's priorities set out in Article 9 of the Treaty.
Amendment 222 #
Proposal for a regulation Article 3 – paragraph 1 1. If the Council addresses to a Member State a recommendation in accordance with Article 121(4) of the Treaty to take the necessary adjustment measures in the event of persisting or particularly serious and significant deviations from
Amendment 225 #
Proposal for a regulation Article 3 – paragraph 1 a (new) 1a. The Member State concerned may ask the European Parliament to organise public hearings in its competent committee. Such hearings shall allow the government of the Member State concerned to make its case in the presence of the Commission and the President of the Euro-group. It will take place within the 10-day deadline referred to in paragraph 1. Representatives, at an appropriate level, of the European Central Bank shall be invited.
Amendment 228 #
Proposal for a regulation Article 3 – paragraph 2 2. The interest-bearing deposit to be proposed by the Commission shall amount to no more than 0.2% of the gross domestic product (GDP) of the Member State concerned using the latest available figures collected by Eurostat in the preceding year.
Amendment 235 #
Proposal for a regulation Article 3 – paragraph 4 4. By derogation from paragraph 2, the Commission,
Amendment 240 #
Proposal for a regulation Article 3 – paragraph 5 5. If the situation giving rise to the recommendation referred to in paragraph 1 no longer
Amendment 242 #
Proposal for a regulation Article 3 – paragraph 5 a (new) 5a. If the Council refuses to consider that the situation has ceased to exist´, the Member State concerned may ask the competent committee in the European Parliament to organise public hearings.
Amendment 248 #
Proposal for a regulation Article 4 – paragraph 1 1. If the Council decides in accordance with Article 126(6) of the Treaty that an excessive deficit exists in a Member State, the lodging of a non-interest-bearing deposit shall be imposed by the Council, acting on a proposal from the Commission.
Amendment 255 #
Proposal for a regulation Article 4 – paragraph 2 2. The non-interest-bearing deposit to be proposed by the Commission shall amount to no more than 0.2% of the GDP of the Member State concerned in the preceding year.
Amendment 266 #
Proposal for a regulation Article 5 – paragraph 1 1. If the Council decides in accordance with Article 126(8) of the Treaty that the Member State has not taken effective action in response to a Council recommendation within the period laid down, the Council, acting on a proposal from the Commission, shall decide that the Member State shall pay a fine.
Amendment 271 #
Proposal for a regulation Article 5 – paragraph 1 a (new) 1a. In the event that a Member State manipulates financial data, falsifies statistics or provides misleading information on its public finances, the Council, acting on a proposal from the Commission, may adopt a decision requiring the Member State to pay a fine. The Council may amend the Commission's proposal in accordance with Article 293 (1) TFEU.
Amendment 272 #
Proposal for a regulation Article 5 – paragraph 2 2. The fine to be proposed by the Commission shall amount to no more than 0.2% of the GDP of the Member State concerned using the latest available figures collected by Eurostat in the preceding year.
Amendment 290 #
Proposal for a regulation Article 7 – paragraph 1 The interest earned by the Commission on deposits lodged in accordance with Article 4 and the fines collected in accordance with Article 5 shall
source: PE-458.626
|
| 7 |
2010/0374(COD) European system of national and regional accounts in the European Union (revision of ESA 95)
2012/01/26
ECON
7 amendments...
Amendment 29 #
Proposal for a regulation Recital 9 (9) Attention should be paid in the case of environmental and social accounts to the Communication from the Commission to the European Parliament and the Council of 20 August 2009 entitled ‘GDP and beyond - Measuring progress in a changing world’.
Amendment 30 #
Proposal for a regulation Recital 9 a (new) (9a) The use of new, automated and real- time collection methods should be explored.
Amendment 40 #
Proposal for a regulation Recital 15 (15) There is a need to pursue studies and work, in particular on issues related to GDP and beyond and Europe 2020 with the aim of developing a more comprehensive measurement approach for wellbeing and progress in order to support the promotion of a smart, sustainable and inclusive economy, taking into account environmental and social considerations. These studies and work will help to further improve data availability, transmission and quality, to enhance methodologies, so as to prepare for future developments. Data on national and regional accounts should be seen as one element in the pursuit of those aims.
Amendment 43 #
Proposal for a regulation Recital 17 (17) Since the implementation of this Regulation might require major adaptations in the national statistical systems,
Amendment 52 #
Proposal for a regulation Article 3 – paragraph 1 – subparagraph 1 a (new) Where necessary, and to help ensure compliance with this Regulation, the Commission should provide the necessary resources and expertise to assist Member States who have insufficient available resources or have major methodological obstacles to overcome.
Amendment 53 #
Proposal for a regulation Article 6 – paragraph 1 a (new) 1a. The Commission shall grant a temporary derogation under paragraph 1 only in cases where there are clearly insufficient resources or major methodological obstacles. The derogation shall be granted only for a period sufficient to allow the Member State to resolve its resource-related or methodological obstacles. The Commission shall provide the necessary resources and expertise to assist the Member State. The Commission shall not grant a derogation if it would undermine disproportionately the accuracy of aggregate data. The proportion of the Member State's GDP within the Union or within the euro area shall not be a justification for granting a derogation.
Amendment 54 #
Proposal for a regulation Article 7 – paragraph 1 a (new) 1a. Delegated acts shall not be used in respect of statistical information produced in connection to the implementation of the excessive deficit procedure or macro- economic imbalance procedures.
source: PE-480.612
|
| 25 |
2010/0821(NLE) Treaty on the Functioning of the EU (TFEU): stability mechanism for Member States whose currency is the euro (amend. Article 136 TFEU)
2011/03/03
AFCO
23 amendments...
Amendment 6 #
Motion for a resolution Recital E E. whereas
Amendment 8 #
Motion for a resolution Recital F F. whereas all possibilities should be explored with a view to bringing the mechanism fully into the institutional framework of the Union
Amendment 12 #
Motion for a resolution Recital G G. whereas the rules governing the stability mechanism should
Amendment 20 #
Motion for a resolution Recital K K. whereas the
Amendment 26 #
Motion for a resolution Recital M Amendment 31 #
Motion for a resolution Recital O O. whereas any increase or decrease
Amendment 32 #
Motion for a resolution Recital P Amendment 38 #
Motion for a resolution Recital R (new) R. whereas, pending the completion of the revision procedure, the stability of the euro might be affected by a long period of uncertainty as to the actual establishment of a European stability mechanism and by possible adverse reactions in any of the Member States;
Amendment 46 #
Motion for a resolution Paragraph 3 3. Stresses that the European stability mechanism constitutes an integral part of a global package of measures which are designed to define a new framework, reinforcing budgetary discipline and coordination of economic and financial policies of the Member States and promoting a joint European response to debt and growth challenges, concomitantly overcoming economic and social imbalances and improving competitivity;
Amendment 49 #
Motion for a resolution Paragraph 5 5. Considers that it is essential to go beyond the temporary measures aiming at stabilising the euro area, and that the Union should build up its economic governance, including by means of policies and instruments designed to promote sustainable growth in Member States; takes the view that the reinforcement of the SGP, the European semester, the EU 2020 strategy and the amendment of Article136 TF
Amendment 53 #
Motion for a resolution Paragraph 6 6. Is deeply concerned by the intention of Heads of State
Amendment 65 #
Motion for a resolution Paragraph 8 8. Considers that the setting-up and functioning of the permanent stability mechanism should be brought as close as possible to the European Union framework, also making use, by analogy, of the institutional patterns of an enhanced cooperation
Amendment 78 #
Motion for a resolution Paragraph 9 – point a (a) a redrafting of the European Council draft decision as proposed in the amendments annexed hereto
Amendment 86 #
Motion for a resolution Paragraph 9 – point b – introductory wording (b) a clear
Amendment 94 #
Motion for a resolution Paragraph 9 – point b – indent 2 – the European Commission will carry out all the necessary tasks in implementing and monitoring the permanent mechanism and in assessing the financial situation of all the Member States whose currency is the euro, regularly reporting back to the European Parliament;
Amendment 100 #
Motion for a resolution Paragraph 9 – point b – indent 3 a (new) – no Member State whose currency is the euro and which has contributed to the permanent stability mechanism should be excluded from accessing it on the grounds of its size;
Amendment 107 #
Motion for a resolution Paragraph 10 10. Recalls that the future stability mechanism should
Amendment 110 #
Motion for a resolution Paragraph 10 a (new) 10a. Demands that the lending conditions to be applied for the repayment of funds to the permanent stability mechanism in the event of its being activated be similar to those applied to the Balance-of- Payments Facility (BoP) and Macro- financial Assistance (MFA) instruments used by the European Commission, i.e. strictly back-to-back without a margin over borrowing costs; furthermore considers that the interest rates to be used by the permanent stability mechanism should be offered on favourable terms;
Amendment 111 #
Motion for a resolution Paragraph 10 b (new) 10b. States that the permanent stability mechanism needs to have a range of financial instruments at its disposal, including the ability to purchase the bonds of a Member State facing severe debt problems on both the primary and secondary markets in order to facilitate that Member State's access to financial markets;
Amendment 119 #
Motion for a resolution Paragraph 13 a (new) 13a. Is confident that, should the European Council depart in its decision from Parliament’s opinion, it will state its reasons for so doing;
Amendment 124 #
Draft Decision Article 1 The following subparagraph
Amendment 125 #
Draft decision Article 1 The following subparagraph
source: PE-460.672
2011/04/02
ECON
2 amendments...
Amendment 13 #
Draft decision Recital 4 a (new) (4a) The Commission should draw up as a proposal for adoption under the ordinary legislative procedure a detailed set of rules laying down the way in which the stability mechanism will be governed and operated, and should specify which instruments are to be used within its remit.
Amendment 23 #
Draft decision Article 1 The following p
source: PE-458.473
|
| 6 |
2010/2038(INI) Long-term sustainability of public finances for a recovering economy
2010/09/03
ECON
6 amendments...
Amendment 9 #
Motion for a resolution Recital B a (new) Ba. whereas long-term demographic changes, in particular an aging population, across EU Member States has implications for the funding of national pension schemes,
Amendment 25 #
Motion for a resolution Recital F a (new) Fa. whereas a lack of effective statistical governance or independent statistical institutions in Member States undermines the integrity and sustainability of public finances,
Amendment 100 #
Motion for a resolution Paragraph 7 7. Emphasises that public-sector and welfare spending is
Amendment 112 #
Motion for a resolution Paragraph 10 a (new) 10a. Notes that changing demographics, especially an aging population, means that public pension schemes in many Member States, especially regarding the contributive base, have to be reformed from time to time so as to keep them financially sustainable;
Amendment 128 #
Motion for a resolution Paragraph 14 a (new) 14a. Notes that the credibility of public finances in Member States necessitates effective and genuinely independent statistical governance and proper oversight from the Commission;
Amendment 130 #
Motion for a resolution Paragraph 15 15. Suggests, in particular, that the Commission assess the effects of the fiscal spending deployed by the Member States in order to kick-start their economies, in terms of its impact on production
source: PE-439.430
|
| 12 |
2010/2078(INI) ECB annual report for 2009
2010/09/16
ECON
12 amendments...
Amendment 8 #
Motion for a resolution Recital F F. whereas there have been signs of economic stabilisation in the euro area over the second half of 2009 and quarterly growth rates, though still weak, have turned positive, though this trend has not been reflected in all its Member States,
Amendment 10 #
Motion for a resolution Recital G G. whereas the ECB expected slight growth in the euro area for 2010 before the
Amendment 16 #
Motion for a resolution Paragraph 3 3. Notes that substantial imbalances between the euro zone economies
Amendment 32 #
Motion for a resolution Paragraph 7 7. Believes that the lack of a predefined crisis management mechanism has made a rapid solution to the
Amendment 43 #
Motion for a resolution Paragraph 12 12. Considers that, given the new legal status of the ECB under the Lisbon Treaty, the candidates for the Executive Board proposed by the Council should be subject to special hearings by the relevant parliamentary committee and then be subject to a vote by the European Parliament;
Amendment 55 #
Motion for a resolution Paragraph 17 17. Believes that the crisis has revealed a trend in the economic policies of recent years which left many countries both within and outside the euro area with a
Amendment 61 #
Motion for a resolution Paragraph 18 18. Notes that th
Amendment 63 #
Motion for a resolution Paragraph 18 a (new) 18a. Cautions that for EU Member States to undertake the biggest collective budgetary cuts in at least 40 years, at a time when the EU economy is still weak and fragile, and interest rates are at their lowest levels, would leave the ECB solely responsible for preventing a further economic slowdown; Justification Under normal circumstances central banks are normally given the task of stabilising the economy while governments undertake measures to correct their public finances, but these are not normal times. In view of the historically low interest rates, the ECB has limited room for manoeuvre.
Amendment 68 #
Motion for a resolution Paragraph 20 20. Underlines that the lack of credit reaching the real economy stemmed more from
Amendment 73 #
Motion for a resolution Paragraph 21 21. Notes that the non-standard measures which the ECB has introduced since October 2008 to
Amendment 86 #
Motion for a resolution Paragraph 27 27. Acknowledges that the strength of the euro was partly due to weak economic activity in the US, wh
Amendment 93 #
Motion for a resolution Paragraph 29 29. Believes that the adoption of the euro by Estonia shows the status of the euro and the attractions of euro membership to Member States despite the
source: PE-448.904
|
| 7 |
2010/2099(INI) Improving the economic governance and stability framework of the Union, in particular in the euro area
2010/10/09
ECON
7 amendments...
Amendment 51 #
Motion for a resolution Recital G G. whereas competitiveness divergences and fiscal and current-account imbalances within the euro area increased steadily during the pre-
Amendment 70 #
Motion for a resolution Recital L L. whereas any legislative proposal should support
Amendment 159 #
Motion for a resolution Annex 1 – heading 2 – paragraph 1 – indent 7 Amendment 168 #
Motion for a resolution Annex 1 – heading 2 – paragraph 1 – indent 8 Amendment 172 #
Motion for a resolution Annex 1 – heading 2 – paragraph 1 – indent 9 Amendment 181 #
Motion for a resolution Annex 1 – heading 3 – paragraph 1 – indent 1 – Establish a euro-area-specific framework for reinforced monitoring focusing on excessive macro-economic divergences, economic growth, unemployment levels, price competitiveness, real exchange rates, credit growth and current account developments of the Member States concerned,
Amendment 246 #
Motion for a resolution Annex 1 – heading 7 – paragraph 1 – indent 2 – Enhance the investigative powers by the Commission (Eurostat), such as on-site inspections without advanced warning and access to all accounting and budgetary information, including meetings with individuals or agencies familiar with such information such as independent economists, business organisations and trade unions, for assessing the quality of public finances,
source: PE-448.796
|
| 2 |
2010/2105(INI) Innovative financing at a global and European level
2010/11/16
ECON
2 amendments...
Amendment 29 #
Motion for a resolution Recital I I. whereas the crisis has highlighted the need to raise new, broad based, fair and sustainable revenues in order to ensure that fiscal consolidation is effectively combined with long-term economic recovery and the sustainability of public finances, job creation and social inclusion, which are key priorities of the EU 2020 agenda,
Amendment 92 #
Motion for a resolution Paragraph 8 8. Points out that some EU Member States have already introduced similar types of transaction taxes and levies on sectors of the financial industry with no apparent negative impact;
source: PE-452.656
|
| 7 |
2011/0000(INI)
2012/03/30
ECON
7 amendments...
Amendment 2 #
Draft opinion Paragraph 1 1. Believes that in the current times of severe financial crisis, the EU needs to step up its efforts to eliminate barriers to the smooth functioning of the single market, in particular in areas which can
Amendment 4 #
Draft opinion Paragraph 1 a (new) 1a. Underscores the fact that more needs to be done in order to ensure that growth is sustainable in nature and to avoid unnecessary burdens of implementation on SME's;
Amendment 6 #
Draft opinion Paragraph 1 b (new) 1b. Expresses the view that SME's must be the driving factor for economic recovery and growth in Europe; calls therefore on the Commission to pay particular attention to the needs of SME's in the process of completing the internal market.
Amendment 8 #
Draft opinion Paragraph 1 c (new) 1c. Is convinced that the completion of the internal market is necessary for the economic and social well-being of the citizens of the EU.
Amendment 10 #
Draft opinion Paragraph 2 2. Stresses the urgent need to reduce tax barriers for cross-border workers and employers in order to facilitate citizens' mobility and promote cross-border business initiatives;
Amendment 16 #
Draft opinion Paragraph 5 5. Is convinced that consumer confidence in a well-functioning market for financial services promotes financial stability, growth, efficiency and innovation in the long term; emphasises, therefore, the need to ensure that consumers have better access to information and independent advice in this sector and that conflicts of interests are
Amendment 18 #
Draft opinion Paragraph 6 a (new) 6a. Urges the Commission to facilitate access to micro-finance facilities for the setting up and the development of small businesses, particularly for those that intend to pursue cross-border operations.
source: PE-486.157
|
| 6 |
2011/0190(COD) Prevention of pollution from ships: sulphur content of marine fuels
2011/11/30
TRAN
3 amendments...
Amendment 27 #
Proposal for a directive- amending act Recital 7 (7) Passenger ships operate mostly in ports or close to coastal areas and their impacts on human health and the environment are significant. Those ships are required to use marine fuel with the same maximum sulphur content as is applicable in SECAs (1.5%). Given that stricter sulphur standards will apply in SECAs, it is justified by the need to improve air quality around ports and coasts in the non-SECA territories that the same standards apply to passenger ships. However, the introduction of a new SECA standard for passenger ships would be delayed by
Amendment 98 #
Proposal for a directive - amending act Article 1 – point 8a (new) Directive 1999/32/EC Article 4e a (new) Amendment 108 #
Proposal for a directive - amending act Article 1 – point 13 Directive 1999/32/EC Article 9a– paragraph 5 5. A delegated act adopted pursuant to Articles 4a(1a) and (2), 4c(4), 6(1), 7(1a) and 7(4) shall enter into force only if no objection has been expressed either by the European Parliament or the Council within a period of
source: PE-476.142
2011/12/16
ENVI
3 amendments...
Amendment 54 #
Proposal for a directive Recital 7 (7) Passenger ships operate mostly in ports or close to coastal areas and their impacts on human health and the environment are significant. Those ships are required to use marine fuel with the same maximum sulphur content as is applicable in SECAs (1.5%). Given that stricter sulphur standards will apply in SECAs, it is justified by the need to improve air quality around ports and coasts in the non-SECA territories that the same standards apply to passenger ships. However, the introduction of a new SECA standard for passenger ships would be delayed by
Amendment 179 #
Proposal for a directive Article 1 – point 8 a (new) Directive 1999/32/EC Article 4 e a (new) (8a) The following Article 4ea shall be inserted: „Article 4ea Fuel oil availability Notwithstanding the provisions laid down is Article 3 and Article 4: 1. If a ship is found by a Member State not to be in compliance with the standards for compliant fuel oils set out in this Directive, the competent authority of the Member State may require the ship to: (a) present a record of the actions taken to attempt to achieve compliance; and (b) provide evidence that it attempted to purchase compliant fuel oil in accordance with its voyage plan and, if it was not made available where planned, that attempts were made to locate alternative sources for such fuel oil and that despite best efforts to obtain compliant fuel oil, no such fuel oil was made available for purchase. 2. The ship shall not be required to deviate from its intended voyage or to delay unduly the voyage in order to achieve compliance. 3. If a ship provides the information set out in paragraph 1, Member States will take into account all relevant circumstances and the evidence presented to determine the appropriate action to take, including not taking any control measures. 4. A ship shall notify its administration and the competent authority of the relevant port of destination when it cannot purchase compliant fuel oil. 5. Member States shall notify the Commission when a ship has presented evidence of the non-availability of compliant fuel oil. 6. The Commission, shall, upon notification of unavailable fuel in a particular port, take any relevant measures to ensure that the port concerned is compliant with the aims of this Directive.”
Amendment 202 #
Proposal for a directive Article 1 – point 13 Directive 1999/32/EC Article 9a – paragraph 5 5. A delegated act adopted pursuant to Articles 4a(1a) and (2), 4c(4), 6(1), 7(1a) and 7(4) shall enter into force only if no objection has been expressed either by the European Parliament or the Council within a period of
source: PE-478.489
|
| 2 |
2011/0307(COD) Securities: issuers trading on a regulated market, transparency requirements
2012/04/27
ECON
2 amendments...
Amendment 11 #
Proposal for a directive Recital 7 (7) In order to provide for enhanced transparency of payments made to governments, issuers whose securities are admitted to trading on a regulated market
Amendment 35 #
Proposal for a directive Article 1 – paragraph 1 – point 5 Directive 2004/109/EC Article 6 Member States shall require issuers
source: PE-487.910
|
| 6 |
2011/0459(COD) European statistical programme 2013-2017
2012/05/21
ECON
6 amendments...
Amendment 14 #
Proposal for a regulation Recital 5 – indent 1 a (new) - Secondly, a lack of disaggregated data made it difficult to monitor the effects of the crisis and the impact of implemented policies on European citizens, including the most vulnerable;
Amendment 18 #
Proposal for a regulation Article 2 – paragraph 1 The programme represents the added value of ensuring that European statistics are focused on the information needed to design, implement, monitor and evaluate Union policies. In addition, it contributes to the effective use of resources by fostering actions which provide an essential contribution to the development, production and dissemination of harmonised, comparable
Amendment 33 #
Proposal for a regulation Annex – paragraph 7 Policy-making drives the decisions to produce European statistics, but these statistics should also be available and easily accessible to other decision-makers, researchers, businesses and European citizens in general as they are a public good and are paid for by citizens and businesses, who should benefit equally from the services provided. For the infrastructure to fulfil this role it has to be designed according to a sound conceptual framework, which, on the one hand, ensures fitness for a range of purposes and, on the other hand, allows flexible adaptation to evolving users' needs in the years ahead.
Amendment 40 #
Proposal for a regulation Annex 1 – part I – point 2.1 – paragraph 3 – point 5 A database for growth and productivity measurement created, taking account of changes in productivity in the public sector as well as the private sector;
Amendment 45 #
Proposal for a regulation Annex 1 – part I – point 3.2 – paragraph 3 – point 5 Amendment 46 #
Proposal for a regulation Annex – part II – point 3 – paragraph 2 a (new) Ensuring that data is disaggregated, especially in relation to specific groups that are recognised as needing special treatment by policy makers;
source: PE-487.949
|
| 39 |
2011/2011(INI) Global Economic Governance
2011/05/24
ECON
39 amendments...
Amendment 4 #
Motion for a resolution Recital A A. whereas the development of the world economy during the last decades
Amendment 7 #
Motion for a resolution Recital A a (new) Aa. whereas social and economic inequalities have greatly increased in many developed countries and remain very high in developing countries despite general economic growth,
Amendment 8 #
Motion for a resolution Recital A b (new) Ab. whereas the world economy is currently still dealing with the worst effects of the worst international economic recession experienced since the Great Depression,
Amendment 11 #
Motion for a resolution Recital B B. whereas the emergence of new major players, both in terms of world trade and economic growth, with China and India as frontrunners,
Amendment 12 #
Motion for a resolution Recital C C. whereas the imbalances of today are
Amendment 16 #
Motion for a resolution Recital C a (new) Ca. whereas there are a multitude of international organisations designed to govern the world economy such as the IMF, World Bank, WTO, UNCTAD and the IFC, alongside the inter-governmental fora of the G7 and G20, of which the G20 is the most effective but still needs to be improved,
Amendment 19 #
Motion for a resolution Recital D D. whereas the prevailing monetary arrangements led to substantial accumulation of foreign exchange reserves
Amendment 20 #
Motion for a resolution Recital D a (new) Da. whereas the global economic crisis which started in the financial sector has now led to high levels of indebtedness in some of the leading world economic players including the US, Japan and the EU,
Amendment 23 #
Motion for a resolution Recital D b (new) Db. whereas there has been global recognition of the role that some sectors of the financial industry played in causing the global financial crisis, and consequently the international economic and sovereign debt crises, and a common understanding that the financial sector should shoulder a fair share of the costs caused by the crisis,
Amendment 26 #
Motion for a resolution Recital E Amendment 29 #
Motion for a resolution Recital E a (new) Ea. whereas the increased role and prominence of the G20 as a forum for informal political discussions at the highest global level is welcome, notes that the G20 as an institution lacks a legal basis, a permanent secretariat and has a weak governing structure especially with regard to other international institutions such as the IMF and WTO,
Amendment 33 #
Motion for a resolution Recital F F. whereas the EU
Amendment 38 #
Motion for a resolution Subheading 1 Policy recommendations to address global
Amendment 41 #
Motion for a resolution Paragraph 1 1. Stresses that
Amendment 43 #
Motion for a resolution Paragraph 1 a (new) 1a. Stresses that the financial and economic crisis demonstrated that the inflow of capital as a result of global imbalances should be accompanied by responsible monetary policy and strong financial regulation;
Amendment 48 #
Motion for a resolution Paragraph 2 2. Recognises th
Amendment 58 #
Motion for a resolution Paragraph 3 3. Stresses the importance of responsible monetary policies; urges central banks of major economies to consider potential externalities when implementing conventional or non-
Amendment 61 #
Motion for a resolution Paragraph 4 4. Is aware that, ultimately, confidence in the strength of the underlying economy and the depth, transparency and sophistication of its financial markets
Amendment 66 #
Motion for a resolution Paragraph 5 5. States that currencies should reflect underlying market fundamentals in order to
Amendment 72 #
Motion for a resolution Paragraph 6 6. Urges members of the IMF to adhere to the Articles of Agreement, especially the commitment to refrain from manipulating the exchange rate, and the relevant provisions of the
Amendment 78 #
Motion for a resolution Paragraph 7 7. Supports the work and commitments of G20 States to implement
Amendment 79 #
Motion for a resolution Paragraph 7 a (new) 7a. Notes with concern, however, that discussions at G20 level on the issue of correcting global imbalances have so far been very limited;
Amendment 84 #
Motion for a resolution Paragraph 8 a (new) 8a. Welcomes the increased role and prominence of the G20 but expresses that while the G20 is only a forum for informal discussion, without a legal basis or the attributes of an international organisation in its decision making process and in the implementation and supervision of its decisions, it will remain a weak governing structure;
Amendment 85 #
Motion for a resolution Paragraph 8 b (new) 8b. Notes that consensus decision making modality of the G20 does not encourage bold decisions to be taken and at best leads to vague non-binding agreements; urges the global forum to emulate the EU's move away from exclusive reliance on unanimity;
Amendment 95 #
Motion for a resolution Paragraph 11 11. Calls on the
Amendment 116 #
Motion for a resolution Paragraph 13 13. Underlines the need for a global understanding and a common approach regarding monetary policy, international trade, sustainable public finances and flexible currencies based on economic fundamentals;
Amendment 118 #
Motion for a resolution Paragraph 13 a (new) 13a. Urges members of the WTO to adhere to multi-lateral trade agreements and to negotiate further international trade rounds aimed at a significant reduction of obstacles to international trade while ensuring a level playing field in all sectors, thus contributing to economic growth and development;
Amendment 122 #
Motion for a resolution Paragraph 14 a (new) 14a. Welcomes the progress on fiscal governance and the exchange of information made by the OECD and the G20, but calls for action to strengthen the legal basis for OECD black-listing of non- cooperative jurisdictions, with a view to improving fiscal transparency and combating fraud and tax evasion;
Amendment 125 #
Motion for a resolution Paragraph 15 15. Considers the G20 to be a key forum for global cooperation, but
Amendment 139 #
Motion for a resolution Paragraph 16 16. Stresses that the lack of cooperation among financial supervisors facilitated the spread of the financial crisis and worsened its effects; calls in this regard for the Union's supervisory authorities to take the lead in building international co- operation and establishing best practices in financial regulation;
Amendment 143 #
Motion for a resolution Paragraph 16 a (new) 16a. Stresses that although legislation designed to improve the regulation of some areas of the financial sector has been adopted in the world's financial centres, reforms have so far not addressed the fundamental problems in the banking and shadow banking system that helped create the financial crisis;
Amendment 144 #
Motion for a resolution Paragraph 16 b (new) 16b. Notes that there is a need for the global implementation of reforms that improve the transparency and accountability of financial institutions;
Amendment 162 #
Motion for a resolution Subheading 4 a (new) Reconfiguration of the international monetary system
Amendment 164 #
Motion for a resolution Paragraph 18 a (new) 18a. In this regard urges the re- consideration of using 'Special Drawing Rights' (SDRs) as a possible replacement for the dollar as the world's reserve currency, which could help stabilise the global financial system;
Amendment 169 #
Motion for a resolution Paragraph 19 a (new) 19a. States that the EU should play an active role in reshaping the international monetary and financial system via a more powerful external representation based on more efficient and transparent internal- decision making in accordance with the relevant provisions of the Lisbon Treaty;
Amendment 178 #
Motion for a resolution Paragraph 20 20. Calls on the Commission to submit a proposal on how to improve the EU's internal decision-making procedure to improve its coherence as regards external representation in the area of economic and financial affairs to ensure that the EU’s representation is both democratically accountable to the European Parliament, Member States and national parliaments;
Amendment 181 #
Motion for a resolution Paragraph 20 a (new) 20a. Calls on the G20 leaders to speed up negotiations on the introduction of an international tax on financial transactions or financial activities to tackle the excesses of financial risk- taking, to finance future crisis-resolution mechanisms and rebalance the fiscal contribution among all economic sectors;
Amendment 182 #
Motion for a resolution Paragraph 20 b (new) 20b. Believes adequate tools need to be found to establish a Carbon tax on imported products and services in order to rule out competitive disadvantages for the EU's internal market; considers, however, that the scope of a global agreement at G20 level or the WTO should be fully explored before such a tax is established in the EU in order to ensure that this border taxation adjustment tool does not give rise to a shortage of raw materials, or to retaliatory measures by third countries against EU exports;
source: PE-465.018
|
| 5 |
2011/2156(INI) ECB annual report for 2010
2011/08/09
ECON
5 amendments...
Amendment 24 #
Motion for a resolution Recital E a (new) Ea. Whereas interest rates in the euro area remained at 1% throughout 2010 but have since been raised by 25 basis points in April 2011 and again by 25 basis points in July 2011, bringing the rate to 1.5%,
Amendment 25 #
Motion for a resolution Recital E b (new) Eb. Whereas Article 282 of the TFEU states that the primary objective of the ECB is to maintain price stability and that the ECB should support general economic policies to help achieve it, and also notes the work by the ESRB under the auspices of the ECB on financial stability;
Amendment 28 #
Motion for a resolution Paragraph 1 a (new) 1a. Expresses concern about the affect of interest rate increases on economic growth in the euro area, adds that this could hinder the already slow recovery in the euro area, particularly in its weakest economies;
Amendment 39 #
Motion for a resolution Paragraph 3 3. Recalls that the
Amendment 75 #
Motion for a resolution Paragraph 6 6. Welcomes the determin
source: PE-472.106
|
| 13 |
2011/2181(INI) Corporate governance framework for European companies
2011/11/16
ECON
13 amendments...
Amendment 5 #
Draft opinion Paragraph 1 a (new) 1a. States that it is a prerequisite that a well-governed company should be accountable and transparent to its employees, shareholders and other stakeholders;
Amendment 7 #
Draft opinion Paragraph 1 b (new) 1b. Notes that the findings of the Commission's study on monitoring corporate governance revealed numerous short-comings in applying the 'comply or explain' principle;
Amendment 11 #
Draft opinion Paragraph 2 2. Believes that a
Amendment 19 #
Draft opinion Paragraph 2 a (new) 2 a. Notes in the meantime that a more effective enforcement of 'comply or explain' should involve peer pressure, by making monitoring reports on companies publicly available, and formal sanctions in serious cases of non-compliance;
Amendment 21 #
Draft opinion Paragraph 3 3. Believes that codes of practice can deliver behavioural change and that the flexibility provided by codes allows innovation which can draw on best practice throughout the EU; believes that a sharing of best practice
Amendment 33 #
Draft opinion Paragraph 6 6. Notes that there is a lack of long-term focus within the market and urges the Commission to review all relevant legislation to assess whether any requirements have inadvertently added to short-termism; in particular
Amendment 39 #
Draft opinion Paragraph 6 a (new) 6a. Stresses the need for company board members to be selected on the basis of a broad set of criteria including sector specific professional qualifications and experience;
Amendment 42 #
Draft opinion Paragraph 6 b (new) 6b. Emphasises the need for the roles of CEO and chairman to be separated and that the roles should only be combined in exceptional circumstances and for a period no longer than one year;
Amendment 45 #
Draft opinion Paragraph 6 c (new) 6c. Expresses concern at the lack of progress made in increasing gender diversity on company boards in the EU, in particular notes that despite increases in the number of female graduates, the proportion of women on boards is around 12%;
Amendment 48 #
Draft opinion Paragraph 6 d (new) 6d. Welcomes and supports the Commission's recommendation that companies should disclose their remuneration policy and the remuneration of individual directors, the result of shareholders' votes on remuneration, and establish independent committees on remuneration; adds that such measures would increase transparency and also address the growing mismatch between performance and executive pay;
Amendment 50 #
Draft opinion Paragraph 6 e (new) 6e. Agrees with the Commission on the need to increase shareholder identification and welcomes its proposals in the Transparency Directive on this issue; calls on the remaining Member States to grant issuers the right to know their domestic shareholders;
Amendment 51 #
Draft opinion Paragraph 6 f (new) 6f. Contends that while risk is often an inherent part of business activity, it is important for boards of directors to clearly define their company's risk policy and ensure proper and independent oversight of risk management processes;
Amendment 52 #
Draft opinion Paragraph 6 g (new) 6g. Notes the myriad benefits of employee share ownership including raising productivity and the commitment of workers in their company and reducing social tensions, calls on the Commission to work with Member States to extend and encourage employee share ownership, particularly through national tax regimes;
source: PE-475.978
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| 5 |
2011/2186(INI) European Investment Bank (EIB) - Annual Report 2010
2011/12/21
ENVI
3 amendments...
Amendment 6 #
Draft opinion Paragraph 3 3. Calls on the EIB to undertake not to fund certain types of project and to draw up lists of ‘banned areas’ and ‘banned technologies’ covering, for example, projects that result in significant changes to important natural habitats or in the production of banned substances, large dam projects that fail to comply with the recommendations of the World Commission on Dams, and extraction projects (oil, gas and minerals) which have a devastating environmental and social impact and do not comply with the World Bank Extractive Industries Review recommendations; or which fail to reach the average European environmental benchmarks. (Paragraph 3)
Amendment 8 #
Draft opinion Paragraph 3 a (new) 3a. Calls on the EIB to draw up a grey list of projects involving technologies which although they might be within the European minimum standards, fail to reach the average European environmental standards;
Amendment 16 #
Draft opinion Paragraph 6 a (new) 6a. Urges the EIB to increase funding for projects related to water resource management with particular emphasis given to countries in the Southern Mediterranean area with particular concern for the sustainability of supply;
source: PE-478.621
2012/12/01
ECON
2 amendments...
Amendment 29 #
Draft opinion Paragraph 6 a (new) 6a. Welcomes the increased role of the EIB's structural programme loans (SPLs) in helping Member States to finance their contributions to programmes supported by EU Structural Funds; calls on the Commission to work with the EIB to ensure that investment in infrastructure projects is not postponed as a result of the economic difficulties faced by Member States;
Amendment 34 #
Draft opinion Paragraph 6 b (new) 6b. Notes that in 2010 the Bank provided EUR 25.9 billion to regions in the EU worst hit by the economic crisis;
source: PE-478.676
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| 6 |
2011/2271(INI) Annual tax report
2011/11/23
ECON
6 amendments...
Amendment 7 #
Motion for a resolution Recital B a (new) Ba. whereas there is a clear need to reduce the significant VAT compliance gap between the theoretical and actual tax revenue;
Amendment 10 #
Motion for a resolution Recital B b (new) Bb. whereas the tax burden in most Member States is disproportionately weighted on labour rather than on consumption;
Amendment 11 #
Motion for a resolution Recital B c (new) Bc. whereas the administrative cost caused by tax systems to medium sized companies is unnecessarily burdensome and high in some Member States;
Amendment 70 #
Motion for a resolution Paragraph 4 a (new) 4a. Contends that Member States should look to reduce the tax compliance costs for SMEs, where possible, by streamlining procedures and reducing bureaucratic costs;
Amendment 74 #
Motion for a resolution Paragraph 4 b (new) 4b. Notes that the administrative cost per net revenue varies among Member States; consequently, calls on Member States to compare results and improve efficiency;
Amendment 96 #
Motion for a resolution Paragraph 7 a (new) 7a. Calls on the Commission to present legislative proposals in order to reduce the VAT compliance gap and therefore achieve greater fiscal efficiency;
source: PE-473.965
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| 4 |
2011/2288(INI) Attractiveness of investing in Europe
2012/03/05
ECON
4 amendments...
Amendment 17 #
Motion for a resolution Recital D a (new) D a. whereas there is need to monitor and review the impact and implementation of EU financial regulation to ensure that it is not creating unnecessary administrative burdens and stifling foreign direct investment in the EU;
Amendment 49 #
Motion for a resolution Paragraph 5 5. Calls on the Commission to bring forward a communication on the attractiveness of investing in Europe, as compared to its main partners and competitors, identifying the main advantages and weaknesses of the EU as an investment environment, and p
Amendment 60 #
Motion for a resolution Paragraph 10 a (new) 10 a. Stresses the urgent need to reduce tax barriers for cross-border workers and employers to facilitate citizens' mobility and promote cross-border investment;
Amendment 94 #
Motion for a resolution Paragraph 23 a (new) 23 a. Emphasises the need for a comprehensive review of the economic impact of EU financial regulation to ensure that implementation is proportionate and does not stifle investment;
source: PE-487.746
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| 9 |
2011/2289(INI) Quality management for European statistics
2012/01/19
ECON
9 amendments...
Amendment 4 #
Motion for a resolution Recital D a (new) Da. Whereas statistics should be publicly accessible and easily understandable to both policy-makers and citizens;
Amendment 5 #
Motion for a resolution Recital D b (new) Db. whereas the quality of European Statistics is dependent on the integrity of the entire production process; whereas the modernisation of statistical production methods underway represents a vital public investment to streamline the entire production chain and requires continued commitment at EU and national level;
Amendment 10 #
Motion for a resolution Recital G G. whereas the approximately 350 statistical regulations applying to all Member States impose a proportionately higher statistical compliance burden on the smaller Member States;
Amendment 11 #
Motion for a resolution Recital H H. whereas Eurostat
Amendment 16 #
Motion for a resolution Paragraph 1 a (new) 1 a. Calls on the Commission to provide the necessary resources and expertise to assist Member States who have insufficient available resources or have major methodological obstacles to overcome, in order to ensure compliance and the provision of high quality data;
Amendment 18 #
Motion for a resolution Paragraph 2 2. Supports
Amendment 22 #
Motion for a resolution Paragraph 3 a (new) 3a. Urges Eurostat to pursue, in relationship with main data providers and data users, its efforts to modernise the European Statistics' production methods in order to maintain cost-effectiveness;
Amendment 32 #
Motion for a resolution Paragraph 7 7. Notes that the quality management system will require close coordination between Eurostat and national bodies responsible for verifying upstream public finance data; calls on
Amendment 36 #
Motion for a resolution Paragraph 8 a (new) 8 a. Urges Eurostat to look at ways to make its publications, particularly those online, more user-friendly to the average citizen and non-professionals especially with regard to the use of graphs; furthermore, adds that its periodic newsletters should provide, as a minimum, information on each Member State;
source: PE-480.594
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| 14 |
2012/0084(COD) European statistics: professional independence of national statistical authorities
2012/11/19
ECON
14 amendments...
Amendment 27 #
Proposal for a regulation Recital 9 (9) Furthermore, the coordinating role already attributed to the NSIs for European statistics produced through the ESS should be clarified as regards its scope, so as to achieve more efficient coordination of statistical activities within the ESS at national level, including quality management.
Amendment 28 #
Proposal for a regulation Recital 9 a (new) (9 a) In accordance with Article 9 of Regulation (EC) No 223/2009 and Article 2a of Council Regulation (EC) No 2533/98 of 23 November 1998 concerning the collection of statistical information by the European Central Bank1, the ESS and the European System of Central Banks (ESCB) cooperate closely to ensure complete and coherent European statistics produced by the two statistical systems in their fields of competence in accordance with their respective work programmes. Particular areas of cooperation include national accounts and balance of payment statistics, as well as the provision of advice to the Commission on statistics related to the excessive deficit procedure. ______________ 1 OJ L 318, 27.11.1998, p. 8.
Amendment 31 #
Proposal for a regulation Recital 11 (11) The NSIs should furthermore be consulted at an early stage on the design of new administrative records that could provide data for statistical purposes and on planned changes to, or cessation of, existing administrative sources. They should also receive relevant metadata from the owners of administrative data and coordinate standardisation activities concerning administrative records that are relevant for statistical data production. The exercise by the NSIs and other national authorities of competences related to access, use, standardisation, initial design, subsequent development and cessation of ESCB administrative records should not interfere with the performance of ESCB tasks specified in Article 127 of the Treaty on the Functioning of the European Union (TFEU) and with safeguards on central bank independence under Articles 130 and 282 (3) of the TFEU and Article 7 of Protocol (No 4) on the Statute of the European System of Central Banks and of the European Central Bank.
Amendment 41 #
Proposal for a regulation Article 1 – point 2 Regulation No 223/2009 on European Statistics Article 5 – paragraph 1 – subparagraph 1 1. The national statistical authority designated by each Member State as the body having the responsibility for coordinating all activities
Amendment 42 #
Proposal for a regulation Article 1 – point 2 Regulation (EC) No 223/2009 on European statistics Article 5 – paragraph 1 – subparagraph 2 The coordinating responsibility of the NSI shall cover all other national authorities responsible for the development, production and dissemination of European statistics produced under this Regulation. The NSI shall, in particular, be responsible at national level for coordinating statistical programming and reporting, quality monitoring, methodology, data transmission and communication on ESS statistical actions and shall cooperate with the respective national central bank (NCB) to ensure production of complete and coherent European statistics through the ESS and the ESCB in their respective fields of competence.
Amendment 44 #
Proposal for a regulation Article 1 – point 3 Regulation (EC) No 223/2009 on European statistics Article 5a – paragraph 1 1. Within their national statistical system, the heads of NSIs shall have the sole responsibility for deciding on processes, statistical methods, standards and procedures, and on the content and timing of statistical releases and publications for all European statistics. They shall be empowered to decide on all matters regarding the internal management of the NSI. They shall coordinate the statistical activities of all national authorities that contribute to the development, production and dissemination of European statistics produced through the ESS. Furthermore, they shall cooperate with the respective NCBs on issues related to the production of European statistics that are common to the ESS and to the ESCB. When carrying out these tasks, the heads of NSIs shall act in an independent manner; they shall neither seek nor take instructions from any government or other institution, body, office or entity; they shall refrain from any action incompatible with the performance of these tasks.
Amendment 49 #
Proposal for a regulation Article 1 – point 3 Regulation (EC) No 223/2009 Article 5a – paragraph 2 2. The procedures for recruitment, transfer and dismissal of heads of NSIs shall be transparent and based on professional criteria only. Heads of NSIs shall be appointed by national governments after consulting the National Parliament. Candidates shall be invited to appear before the relevant national parliamentary committees prior to their appointment. The Heads of NSIs shall have the sole responsibility for deciding on the processes, statistical methods, standards and procedures, and on the content and timing of statistical releases and publications for all statistics produced by the respective NSIs. The Head of NSI shall be empowered to decide on all matters regarding the internal management of the NSI. When carrying out these tasks the Heads of NSIs shall act in an independent manner and shall neither seek nor take any instructions from any government or any institution, body, office or agency. The Heads of NSIs shall be accountable for the statistical activities and budget execution of the respective NSIs. He/She may be invited to appear before the relevant committee of the national parliament to discuss a matter pertaining to statistical governance and express comments on budget allocation issues related to the statistical activities of the respective NSIs.
Amendment 53 #
Proposal for a regulation Article 1 – point 3 Regulation (EC) No 223/2009 Article 5a – paragraph 3 3. The heads of NSIs shall be accountable for the statistical activities and budget execution of the NSI; they shall publish an annual report and may be invited to appear before the relevant committee of the national parliament to discuss matter pertaining to statistical governance and express comments on budget allocation issues related to the statistical activities of the respective NSIs.
Amendment 58 #
Proposal for a regulation Article 1 – paragraph 1 – point 4 a (new) Regulation (EC) No 223/2009 Article 6a (new) (4a) the following article is inserted: Article 6a Director-General of the Commission (Eurostat) 1. The statistical office of the Commission (Eurostat) shall be headed by a Director- General. The Director-General shall be appointed by the Commission for a once- renewable term of office of seven years, in accordance with the procedure specified in paragraph 2. 2. The Commission shall publish a call for applications in the Official Journal of the European Union no later than six months before the end of the term of office of the Director-General in office. The procedure for the recruitment of the Director-General shall be transparent and based only on professional criteria. The Commission shall draw up a list of suitably qualified candidates and shall appoint the Director-General after consulting the European Parliament. 3. The Director-General shall have the sole responsibility for deciding on processes, statistical methods, standards and procedures, and on the content and timing of statistical releases and publications for all statistics produced by the Commission (Eurostat). The Director- General shall be empowered to decide on all matters regarding the internal management of the Commission (Eurostat). When carrying out these tasks, the Director-General shall act in an independent manner and shall neither seek nor take instructions from any government or any institution, body, office or agency. 4. The Director-General shall be accountable for the statistical activities and budget execution of the Commission (Eurostat). He or she may be invited to appear before the relevant committee of the European Parliament to discuss matters pertaining to statistical governance and express comments on budget allocation issues related to the statistical activities of the Commission (Eurostat).
Amendment 65 #
Proposal for a regulation Article 1 – point 5 Regulation (EC) No 223/2009 Article 11 – paragraph 3 – subparagraph 1 3. Member States shall take all necessary measures to implement the Code of Practice in order to maintain confidence in their
Amendment 75 #
Proposal for a regulation Article 1 – point 8 Regulation (EC) No 223/2009 Article 17a – paragraph 1 1. In order to reduce the burden on respondents, the NSIs, other national authorities as referred to in Article 4 and the Commission (Eurostat) shall have the right to access and use, promptly and free of charge, all administrative records and to integrate these administrative records with statistics, to the extent necessary for the development, production and dissemination of European statistics produced under this Regulation.
Amendment 78 #
Proposal for a regulation Article 1 – point 8 Regulation (EC) No 223/2009 Article 17a – paragraph 3 3.
Amendment 79 #
Proposal for a regulation Article 1 – point 8 Regulation (EC) No 223/2009 Article 17a – paragraph 4 4.
Amendment 80 #
Proposal for a regulation Article 1 – point 8 Regulation (EC) No 223/2009 Article 17a – paragraph 4a (new) 4a. The NSIs shall receive relevant metadata from the owners of administrative records used for statistical purposes.
source: PE-500.544
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| 27 |
2012/2028(INI) Feasibility of introducing stability bonds
2012/12/07
ECON
27 amendments...
Amendment 2 #
Motion for a resolution Citation 1 – having regard to the enhanced economic governance framework of the Union, including the six-pack, the forthcoming two-pack
Amendment 4 #
Motion for a resolution Citation 1 a (new) - having regard to the Council report "towards a genuine economic and monetary union" issued on 25th June
Amendment 26 #
Motion for a resolution Recital B a (new) Ba. whereas Member States are facing difficulties in accessing the financing at reasonable rates, as a result of mistrust from the market towards public debt and the situation of European banks and the ability of European leaders to take definitive steps to defend and complete the single currency;
Amendment 41 #
Motion for a resolution Paragraph 1 1. Takes note of the various crisis mitigation and resolution efforts of the European institutions, particularly the establishment of the EFSM, the EFSF, the SMP and the LTRO, and the agreement on the ESM
Amendment 56 #
Motion for a resolution Paragraph 2 2.
Amendment 67 #
Motion for a resolution Paragraph 3 3. Is deeply concerned, however, that
Amendment 77 #
Motion for a resolution Paragraph 4 4. Believes that there is an urgent need to
Amendment 90 #
Motion for a resolution Paragraph 5 5. Points out that it is in the
Amendment 111 #
Motion for a resolution Paragraph 7 7. Believes that the prospect of common bonds, given the signalling effect that it would send, can foster stability in the euro area and be an additional element to incentivise compliance with the stability and growth pact; reiterates its position that sequencing is a key issue involving a binding roadmap, included in the annex, similar to the Maastricht criteria for introducing the single currency;
Amendment 145 #
Motion for a resolution Paragraph 8 8. Urges Member States to
Amendment 158 #
Motion for a resolution Paragraph 9 a (new) 9a. Calls on Member States to give the ESM a banking licence to ensure access to adequate re-financing;
Amendment 182 #
Motion for a resolution Paragraph 11 11. Believes that, in parallel, there is an urgent need to recapitalise the European banking sector and to further complete financial integration in the EU; calls on the Commission to put forward proposals for a single financial supervisory authority to oversee
Amendment 206 #
Motion for a resolution Paragraph 13 Amendment 223 #
Motion for a resolution Paragraph 14 14. Advocates, following the implementation of short-term measures to exit the crisis and the first steps of the binding roadmap, the setting-up of a committee inspired by the Delors Committee of 1988, including representatives from Member States, the Commission and the ECB; believes that this committee should evaluate progress and make recommendations for further steps with regard to post-crisis phases, to be discussed in Parliament; takes the view that this committee should also look at the possibility of issuing genuine federal bonds;
Amendment 252 #
Motion for a resolution Annex - Phase 1 - Point 1 - Paragraph 1 - Subparagraph 2 -
Amendment 259 #
Motion for a resolution Annex - Phase 1 - Point 1 - Paragraph 1 - Subparagraph 3 -
Amendment 265 #
Motion for a resolution Annex - Phase 1 - Point 1 - Paragraph 1 - Subparagraph 4 -
Amendment 267 #
Motion for a resolution Annex - Phase 1 - Point 1 - Paragraph 1 - Subparagraph 5 -
Amendment 278 #
Motion for a resolution Annex - Phase 1 - Point 2 - Paragraph 1 - Subparagraph 1 - establish an agency or use an existing entity to issue eurobills
Amendment 295 #
Motion for a resolution Annex - Phase 1 - Point 2 - Paragraph 1 - Subparagraph 4 a (new) - The ESM shall obtain a banking licence to intervene if proven necessary to ensure the adequate functioning of the system;
Amendment 314 #
Motion for a resolution Annex - Phase 2 - Paragraph 2 The Commission puts forward proposals for the setting up of a system for the allocation of debt below 60 % of GDP to be issued in common, which is safeguarded by
Amendment 318 #
Motion for a resolution Annex - Phase 2 - Paragraph 2 - Subparagraph 1 Amendment 323 #
Motion for a resolution Annex - Phase 2 - Paragraph 2 - Subparagraph 3 Amendment 331 #
Motion for a resolution Annex - Phase 3 - Title Phase 3 -
Amendment 337 #
Motion for a resolution Annex - Phase 3 - Paragraph 1 - On the basis of the work of the committee,
Amendment 340 #
Motion for a resolution Annex - Phase 3 - Paragraph 1 - Subparagraph 1 - limit participation to the Member States
Amendment 351 #
Motion for a resolution Annex - Phase 4 - Paragraph 1 - The Commission, after having prepared all eventual changes to the EU legal framework, puts forward proposals for
source: PE-492.874
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| 5 |
2012/2150(INI) European Semester for economic policy coordination: implementation of 2012 priorities
2012/09/13
ECON
5 amendments...
Amendment 16 #
Motion for a resolution Paragraph 1 a (new) 1a. Is concerned to note that in many Member States national parliaments, social partners or civil society were not involved in the European semester process; urges therefore the Commission to ensure more democratic legitimacy be given to the process by the involvement of national parliaments, social partners and civil society;
Amendment 17 #
Motion for a resolution Paragraph 1 b (new) 1b. Urges the Commission to avoid taking a one size fits all approach to the recommendations given to Member States and ensure that such recommendations are made according to the specific needs of the Member State concerned;
Amendment 26 #
Motion for a resolution Paragraph 3 3.
Amendment 42 #
Motion for a resolution Paragraph 5 5. Notes that most of the structural reforms are concentrating on a small number of areas, such as labour markets including wage determination, pension systems, the taxation system, restructuring the banking sector, removing unjustified restrictions on regulated trades and professions, liberalising certain industries, improving the efficiency and quality of public expenditure, avoiding unnecessary layers of government, combating tax evasion, and reforming mortgage and real estate markets;
Amendment 100 #
Motion for a resolution Paragraph 11 11. Lauds the economic dialogue held so far between the European Parliament and national representatives, and wishes to conduct further dialogues;
source: PE-496.316
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| 2 |
2012/2151(INI) Towards a genuine Economic and Monetary Union
2012/02/10
ECON
2 amendments...
Amendment 788 #
Motion for a resolution Annex – part 2 – point 2.5 a (new) Recommendation 2.5a on creating short- term means of fiscal solidarity The European Parliament considers that the legislative act to be adopted should aim to regulate as follows: Alongside the implementation of a reinforced framework to ensure fiscal discipline, including the six-pack and two- pack, the Commission should come forward immediately with a proposal following the ordinary legislative procedure for the creation of common short-term debt securities, or euro bills, aimed at providing immediate conditional support to Member States faced with refinancing difficulties; The liability for euro bills should be joint and several for member states whose currency is the euro. It should be limited in time and as a percentage of total liabilities of recipient Member States Euro bills should be made conditional to growth-enhancing reforms and fiscal policy in the recipient Member States. Euro bills could be issued by the European Financial Stability Facility (EFSM) without the need for a treaty change.
Amendment 793 #
Motion for a resolution Annex – part 2 – point 2.5 f (new) Recommendation 2.5f a roadmap for managing the existing stock of public debt The European Parliament considers that the legislative act to be adopted should aim to regulate as follows: The Commission should make immediately specific proposals for a roadmap towards the establishment of a mechanism for the medium/long term common management of the existing stock of public debt for Member states whose currency is the euro. This mechanism should rely on the issuance of common debt, jointly and severally guaranteed by participating member states.
source: PE-496.553
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Edward SCICLUNA on
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Term 7 14.07.2009 / ...
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