BETA

15 Amendments of Jan KOZŁOWSKI related to 2010/2099(INI)

Amendment 1 #
Draft opinion
Recital A
A. Whereas Article 126 of TFEU provides for disciplinary procedures to be carried out against those in breach of the Stability and Growth Pact, the excessive deficit procedure has only been applied half heartedly and consequently is not treated seriously by either the Institutions of the EU or the Member States,deleted
2010/09/17
Committee: BUDG
Amendment 2 #
Draft opinion
Recital A a (new)
Aa. Whereas the current financial crisis is a result of many factors such as lack of proper economic policy coordination.
2010/09/17
Committee: BUDG
Amendment 3 #
Draft opinion
Recital B
B. Whereas the European Commission, on behalf of the European Union, may borrow up to EUR 60 billion as part of the financial stabilisation mechanism using the EU budget as collateral,deleted
2010/09/17
Committee: BUDG
Amendment 4 #
Draft opinion
Recital B a (new)
Ba. Whereas the economic crisis which lead to the urgent adoption of the European Stabilisation Financial Mechanism in May 2010 via a Council Regulation on the basis of Article 122(2) of the Treaty on the Functioning of the European Union (TFEU) was not consulted with the EP
2010/09/17
Committee: BUDG
Amendment 5 #
Draft opinion
Recital C
C. Whereas the EU budget that is used as collateral is financed by the Member States, which means that these are the real guarantors of the borrowings executed by the European Commission,deleted
2010/09/17
Committee: BUDG
Amendment 6 #
Draft opinion
Recital C a (new)
Ca. Whereas the Council's position on Draft amending budget No 7/2010 covers the necessary modifications concerning the creation of a new budget item 01 04 01 03 in Heading 1 A for the guarantee up to EUR 60 billion provided by the European Union in accordance with the provisions of Article 122(2) of the Treaty on the Functioning of the European Union and, correspondingly, a new Article 802 on the revenue side.
2010/09/17
Committee: BUDG
Amendment 7 #
Draft opinion
Recital D
D. Whereas some Member States may have to make use of the rescue package, while at the same time they will be obliged to take into account its different measures which will be specifically made for each beneficiary country.
2010/09/17
Committee: BUDG
Amendment 9 #
Draft opinion
Paragraph 1
1. Urges the Council to expedite the Excessive Deficit Procedures against Member States who are in a non- exceptional breach of a 3% ratio of planned or actual government deficit to GDP or continue to exceed a ratio of 60% government debt to GDP; urges the Council to fully apply sanctions against Member States in accordance with Article 126 of TFEU;deleted
2010/09/17
Committee: BUDG
Amendment 10 #
Draft opinion
Paragraph 1 a (new)
1a. Welcomes an agreement reached between the Council and the European Parliament on key elements of a reform of the EU framework for supervision of the financial system. Believes that establishment of new basis for supervision in Europe will eliminate deficiencies that were exposed during the financial crisis.
2010/09/17
Committee: BUDG
Amendment 14 #
Draft opinion
Paragraph 2
2. Asks the Commission to inform the European Parliament of the estimated effect on the EU's credit rating a) by the creation of the financial stabilisation mechanism b) by the utilisation of the full line of credit;
2010/09/17
Committee: BUDG
Amendment 15 #
Draft opinion
Paragraph 3
3. Asks the Commission to prioritise the spending in the EU budget in each year of the existence of the financial stabilisation mechanism to establish the order in which the budget will have to be eliminated in the event of having to return up to 60 billion euros;deleted
2010/09/17
Committee: BUDG
Amendment 16 #
Draft opinion
Paragraph 3 a (new)
3a. Asks the Council to provide sufficient information on the rules for implementing the financial stabilisation mechanism with regards to the limits of multiannual financial framework.
2010/09/17
Committee: BUDG
Amendment 17 #
Draft opinion
Paragraph 4
4. Underlines the importance of the European Parliament taking into account national parliaments' opinions whenever it issues opinions on financial or economic governanceat National Parliaments and the European Parliament should work together to enhance budgetary coordination between European and Members State level;
2010/09/17
Committee: BUDG
Amendment 18 #
Draft opinion
Paragraph 4 a (new)
4a. Calls for transparency and visibility of budgetary coordination between both levels being enhanced by aligning the categories of expenditure at national and EU level;
2010/09/17
Committee: BUDG
Amendment 20 #
Draft opinion
Paragraph 5
5. Urges the Council to explicitly outline the worst case scenario for the financial stabilisation mechanism.deleted
2010/09/17
Committee: BUDG