3 Amendments of Ildikó GÁLL-PELCZ related to 2010/0278(COD)
Amendment 129 #
Proposal for a regulation
Recital 5
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 prudent fiscal policy-making. Such policy-making should ensure that the growth rate of government expenditure does not normally exceed a prudent medium-term growth rate of gross domestic product (GDP), unless the excess is matched by continuous and systematic increases in government revenues or discretionary revenue reductions are compensated by reductions in expenditure.
Amendment 153 #
Proposal for a regulation
Recital 10
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 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 1467/97 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, whose upper limit is 0.5% of GDP.
Amendment 274 #
Proposal for a regulation
Article 5 – paragraph 2
Article 5 – paragraph 2
2. The fine to be proposed by the Commission shall amount to 0.2% of the GDP of the Member State concerned in the preceding year. , while its upper limit must not exceed 0.5% of GDP.