8 Amendments of Ildikó GÁLL-PELCZ related to 2012/2151(INI)
Amendment 37 #
Motion for a resolution
Recital A a (new)
Recital A a (new)
Aa. whereas the report of the Presidents of the European Council, the European Commission, the European Central Bank and the Eurogroup 'Towards a genuine Economic and Monetary Union' is to be welcomed as a vision for the Monetary Union; points out that any further integration needs a solid and reliable fundament consisting of a sound and efficient framework for resolution and recovery of financial institutions, a sound and efficient deposit guarantee framework and sound capital requirements without which no overarching structure such as a "genuine EMU" will be able to exist; calls therefore to wait with the building up of any such structure as long as these three proposals are not yet adopted.
Amendment 189 #
Motion for a resolution
Recital AE
Recital AE
AE. whereas the ambition should be that all Member States jointly take steps forward towards greater European integration; whereas decisions that only apply to the euro area might be needed where required or justified on the basis of the specificity of the euro area, inot excluding reasonable and fair opt-ins for other Member States with balanced rights and obligations;
Amendment 266 #
Motion for a resolution
Recital AR a (new)
Recital AR a (new)
ARa. whereas national authorities would be able to adopt additional measures aimed at addressing macro-prudential or systemic risk identified at the level of a Member State to further enhance the stability granted by European supervision;
Amendment 275 #
Motion for a resolution
Recital AT
Recital AT
AT. whereas European supervision of financial institutions within the euro area is an absolute priority to take measures to tackle the crisis, it should be, however, ensured that, for the purpose of internal financial market stability, countries whose currency is not the euro, which decide to access the single supervision mechanism, should be granted a participation formula, which guarantees symmetric relations between accepted obligations and impact on decision-making;
Amendment 318 #
Motion for a resolution
Recital BB a (new)
Recital BB a (new)
BBa. whereas a proper monitoring and review mechanism should be set up in the regulation to safeguard that the increased integration within the euro area will not have unintended negative stability and economic consequences outside euro area, and any such effect can be handled as a matter of urgency;
Amendment 629 #
Motion for a resolution
Annex – part 1 – point 1.1 – paragraph 1
Annex – part 1 – point 1.1 – paragraph 1
The legislative act to be adopted should create a high-quality single European supervisory mechanism within the ECB (European supervisor) to ensure the effective application of prudential rules, risk control and crisis prevention concerning credit institutions and other financial institutions throughout the Union, notwithstanding the right of national authorities to address macro-prudential or systemic risk identified at the level of a Member State.
Amendment 648 #
Motion for a resolution
Annex – part 1 – point 1.1 – paragraph 6 a (new)
Annex – part 1 – point 1.1 – paragraph 6 a (new)
The European supervisor shall ensure that none of its decisions impinges in any way on the fiscal responsibilities of Member States.
Amendment 653 #
Motion for a resolution
Annex – part 1 – point 1.1 – paragraph 8 a (new)
Annex – part 1 – point 1.1 – paragraph 8 a (new)
The proposal should set up a proper monitoring and review mechanism to safeguard that the higher integration will not have any unintended negative stability or economic consequences to ensure that no steps of the European supervisor will endanger the stability of the financial markets of the Member States whose currency is not the euro.