5 Amendments of Ildikó GÁLL-PELCZ related to 2012/2130(INI)
Amendment 56 #
Motion for a resolution
Recital R e (new)
Recital R e (new)
Re. whereas the 8 years of the disastrous economic governance of the Socialists and Liberals between 2002 and 2010 led to the raise of public debt of Hungary from 53 per cent to above 80 per cent of GDP and made Hungary the first EU country to ask for an IMF bailout in 2008 in the beginning of the economic crisis;
Amendment 88 #
Motion for a resolution
Recital AA a (new)
Recital AA a (new)
AAa. whereas the debt brake introduced in the Fundamental Law was among the first to enshrine the golden rule on responsible fiscal policy which has become one of the essentials of an emerging European economic union;
Amendment 112 #
Motion for a resolution
Recital AK
Recital AK
AK. whereas a non-parliamentary body, thethe establishment of a Budget Council, with limited democratic legitimacy, has been granted the power to veto the adoption of the general budget, thus restricting the scope for action of the democratically elected legislaturestrong powers over national spending was required under the 2008 IMF loan and EU balance of payment assistance agreement in order to limit the powers of political parties to adopt irresponsible budgetary measures, because the democratically elected socialist governments between 2002 and 2010 paid no attention to fiscal reality or the long-term financial interests of the country; and whereas the 2012 country- specific recommendations endorsed by the European Council called for further strengthening of this institution;
Amendment 114 #
Motion for a resolution
Recital AK a (new)
Recital AK a (new)
AKa. whereas the Budget Council may exercise a veto only as a last resort exceptional measure, when Parliament is to adopt a budget leading to the growth of state indebtedness; and whereas otherwise the ordinary function of the Council is to undertake a preliminary review of the draft national budget and to make recommendations;
Amendment 327 #
Motion for a resolution
Paragraph 50
Paragraph 50
50. Reaffirms that while in times of economic and social crisis one may yield to the temptation to disregard constitutional principles, the credibility and robustness of constitutional institutions play a pivotal role in underpinning economic, fiscal and social policies; however there is also a need for a much stronger fiscal and budgetary responsibility in order to safeguard the interest of the future generations in a society;