Activities of Petri SARVAMAA related to 2023/2063(INI)
Shadow opinions (1)
OPINION on the European Semester for economic policy coordination 2024
Amendments (5)
Amendment 4 #
Draft opinion
Paragraph 1
Paragraph 1
1. Notes that the Union economy is expected to gradually recover in 2024, with a forecast growth of 1.3 % of GDP and a generally robust labour market; points, however, to the various risks and uncertainties, resulting from the consequences of Russia’s criminal, unlawful and unjustified war against Ukraine, which put a strain on European businesses, public finance and people, and affect some Member States more than others;
Amendment 11 #
Draft opinion
Paragraph 2
Paragraph 2
2. Takes note of the proposed reform of the economic governance framework of the Union; believes that the new framework should ensure clear and flexible implementation and provide the adequate fiscal space for Member States to invest in the EU’s strategic priorities; recalls its posiognizes that the EU's exceptional public intervention, that an EU-level permanent crisis instrument will contribute to ensuring a sufficiently high level of strategic investment and an approprie Next Generation EU (NGEU), has demonstrated its effectiveness as an instrument for macroeconomic stabilization across the EU, enhancing its internal and external resilience during crises while providing financial backing to Member States fiscal stance at the aggregate levelor undertaking critical investments in alignment with EU priorities;
Amendment 22 #
Draft opinion
Paragraph 3
Paragraph 3
3. Stresses the success of the Recovery and Resilience Facility (RRF) in supporting the recovery of EU economies andnotes its positive impact on the implementation of the country-specific recommendations and on investments in EU priorities; welcomes the fact that most Member States have submitted revised national plans, including REPowerEU chapters; stresses that investments in line with European objectives, notably those of the RRF and REPowerEU, should be treated favourably for the calculation of excessive debtrecalls the importance of verifying the effective implementation of the RRF and that the funds actually contribute to the real structural economic recovery and reach the relevant entities, such as small and medium-sized enterprises;
Amendment 25 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3 a. Stresses that the successful implementation of Recovery and Resilience Plans also requires the achievement of well adapted milestones and targets, and in particular compliance with the rule of law and the general regime of conditionality, which should be monitored transparently and thoroughly and allow no backsliding on achievements; underlines the importance of compliance with the rule of law and the general regime of conditionality, as the protection of the Union budget is a fundamental prerequisite for accessing the fund; reiterates the need for Member States to have the necessary monitoring, audit and enforcement mechanisms in place in order to ensure respect for the rule of law and to protect the EU’s financial interests, in particular to prevent fraud, corruption and conflicts of interest and ensure transparency;
Amendment 36 #
Draft opinion
Paragraph 5
Paragraph 5
5. Calls for Parliament’s roleStresses that the European Parliament should be fully involved in the reform of the economic governance framework in the European Union and that the European Semester toshould be strengthened.