BETA

25 Amendments of Nils TORVALDS related to 2014/2145(INI)

Amendment 58 #
Motion for a resolution
Recital A
A. whereas, according to the Commission's autumn forecast, after two consecutive years of unanticipated negative growth, gross domestic product (GDP) in the euro area is expected to rise by 0.8 % in 2014 and by 1.1 % in 2015, meaning that the pre-crisis growth rate will not be regained this yeareconomic recovery is slowly gaining ground;
2015/03/04
Committee: ECON
Amendment 78 #
Motion for a resolution
Recital A a (new)
Aa. whereas, according to article 2 of the TEU, the Union is founded on the values of respect for human dignity, freedom, democracy, equality, the rule of law and respect for human rights, including the rights of persons belonging to minorities;
2015/03/04
Committee: ECON
Amendment 112 #
Motion for a resolution
Recital C
C. whereas, according to the Commission's autumn forecast, investment in the euro area decreased by 3.4 % in 2012, by 2.4 % in 2013 and by 17 % since the pre-crisis period, with the expected rebound rate in 2014 (0.6 %) and that anticipated for 2015 (1.7 %) being very weak; whereas both a lack of future-oriented investment can be just as detrimental to future generations as excessive public debtd excessive public debt are a crippling burden for future generations;
2015/03/04
Committee: ECON
Amendment 186 #
Motion for a resolution
Paragraph 1 a (new)
1a. recalls that article 3 of the Treaty of European Union (TEU) states that the Union, based on a highly competitive social market economy, "shall combat social exclusion and discrimination"; underlines therefore that budgetary policies must also tackle the poverty and social exclusion suffered by Europe's most deprived citizens, as not wasting human resources is a crucial component of competitiveness;
2015/03/04
Committee: ECON
Amendment 189 #
Motion for a resolution
Paragraph 2
2. Highlights the fact that the current economic governance framework does not allow for a proper debate on the economic perspective of the euro area or on an aggregate fiscal stance and does not address the different economic and fiscal situations on an equal footing;deleted
2015/03/04
Committee: ECON
Amendment 271 #
Motion for a resolution
Paragraph 5
5. Warns that the accumulationcomplexity of procedures makesconcerning the economic governance framework complex and not transparent enough, which is detrimental to the ownership and acceptance by parliaments, social partners and citizens of guidelines, recommendations and reforms stemming from this frameworkas well as the lack of transparency on their implementation at national and European level makes it less efficient;
2015/03/04
Committee: ECON
Amendment 336 #
Motion for a resolution
Paragraph 8 a (new)
8a. Considers that in order to ensure the long term sustainability of national public finances, it is of the utmost importance for the Commission to check the quality and relevance of public finances, in particular that national budgets are future oriented, by identifying, together with Eurostat, and encouraging the investment expenditures rather than the consumption expenditures, in accordance with Article 126(3) of the Treaty on the Functioning of the European Union;
2015/03/04
Committee: ECON
Amendment 341 #
Motion for a resolution
Paragraph 9
9. Supports all the incentives to finance the new European Fund for Strategic Investments (EFSI), mainly by making national contributions to the fund fiscally neutral as regards the SGP; calls for further clarification regarding the concrete treatment of these contributions in accordance with the new paradigm set out in the communication;deleted
2015/03/04
Committee: ECON
Amendment 416 #
Motion for a resolution
Paragraph 13
13. DeplorNotes, however, the fact that the communication does not touch upon the nature of ‘unusual events’ falling outside the control of a Member State which could allow it to temporarily depart from the adjustment path towards achieving its MTO, recalls the general principle of law which requires that exemption rules must be applied restrictively;
2015/03/03
Committee: ECON
Amendment 427 #
Motion for a resolution
Paragraph 14
14. Believes that more room for flexibility and soft laws exists under the SGP and the rules as laid out in the SGP clearly define the European Semester; invites the Commission to build on this flexibility and to propose rule changes where neededremits of flexibility and calls on the Commission to ensure their strict and fair implementation;
2015/03/03
Committee: ECON
Amendment 514 #
Motion for a resolution
Paragraph 18
18. Asks the Commission to make the three-pillar strategy (investment, fiscal rules and structural reforms), presented in the AGS 2015, more concrete under the euro area recommendation and in the CSRs and to strengthen itstake into account the need for ap proach by building a fourth pillar ongressive and common approach to taxation;
2015/03/03
Committee: ECON
Amendment 544 #
Motion for a resolution
Paragraph 20
20. Believes that the MIP must be used in a more balanced manner between deficit and surplus countries, also to address countries with significant room for actionefficient manner, particularly with regard to strengthening competitiveness and better taking into account the euro area as a whole, including all the spill- over effects of national policies through the scoreboard;
2015/03/03
Committee: ECON
Amendment 594 #
Motion for a resolution
Paragraph 25
25. Calls on the Commission, when evaluating the fiscal position of Members States, to include a better balance between the impact of the agreed fiscal measures and the fiscal figures based on estimated potential growth for GDP, output gaps and structural deficits that may introduce unexpected radical change at a later stage;deleted
2015/03/03
Committee: ECON
Amendment 618 #
Motion for a resolution
Paragraph 26 a (new)
26a. Takes the view that in the field of EMU parliamentary control is shared between the national and the European level and insists that responsibilities must be assumed at the level where decisions are taken or implemented, with national parliaments scrutinising national governments and the European Parliament scrutinising the European executive; it is only in this way that the required increased accountability of decision making can be ensured; considers that this increased legitimacy can be ensured by foreseeing the adoption of National Reform Programmes and possible Convergence Partnerships by national parliaments as well as the adoption of European policy orientations, detailed in the Annual Growth Survey, by the European Parliament; stresses that such a cooperation should not be seen as the creation of a new mixed parliamentary body which would be both ineffective and illegitimate from a democratic and constitutional point of view;
2015/03/03
Committee: ECON
Amendment 619 #
Motion for a resolution
Paragraph 26 b (new)
26b. Considers that in the medium term, notably in order to ensure the required accountability for the ESM, a Euro area parliament will be required, under the auspices of the European Parliament, for Euro area Member States, with appropriate and inclusive mechanisms for those Member States committed to joining;
2015/03/03
Committee: ECON
Amendment 628 #
Motion for a resolution
Paragraph 27
27. Acknowledges, based on the current situation, that the economic governance framework must be corrected and completed in both the medium and long term to allow for the EU and the euro area to meet the challenges of convergence, long-lasting investment and relicompetitiveness, future- oriented investment and sound public finances;
2015/03/03
Committee: ECON
Amendment 659 #
Motion for a resolution
Paragraph 31
31. Calls for a newUnderlines that the legal framework for future assistance programmes needs to be improved in order to ensure that all decisions are taken under the responsibility of the Commission with full involvement of Parliament; stresses that Parliament should without delay follow up on its resolution of 13 March 2014 on the enquiry on the role and operations of the Troika and prepare a new, separate resolution fully dedicated to this issue drawing and building on the first enquiry, irrespective of any eventual evolution concerning the name of the Troika;
2015/03/03
Committee: ECON
Amendment 706 #
Motion for a resolution
Paragraph 34 a (new)
34a. Believes that there will never be genuine EMU without Treaty change and a role for the ECJ in the enforcement of the budgetary rules, according to the principle of the rule of law, as stated in article 2 of TEU; this includes both infringement proceedings against Member States failing to fulfil their obligations and action for annulment against decisions of the institutions, thereby inter alia providing programme countries with a guarantee; believes that the involvement of the ECJ may notably be a guarantee that the rules will be applied identically irrespective of the size of the Member State; states that this role for the ECJ will not result in economic governance procedures being delayed;
2015/03/03
Committee: ECON
Amendment 710 #
Motion for a resolution
Paragraph 35
35. Recalls that the banking union was the result of the political will to avoid a financial crisis and that the same will is needed as regards a fiscal union in order to avoid a political crisis;deleted
2015/03/03
Committee: ECON
Amendment 730 #
Motion for a resolution
Paragraph 36 a (new)
36a. Is of the opinion that a 'genuine EMU' cannot be limited to a system of rules but requires an increased budgetary capacity based on specific own- resources which should, in the framework of the Union budget, support growth and social cohesion addressing imbalances, structural divergences and financial emergencies which are directly connected to the monetary union, without undermining its traditional functions to finance common policies.
2015/03/03
Committee: ECON
Amendment 754 #
Motion for a resolution
Paragraph 37 – indent 1
– a ‘taxation union’, common approach to taxation including a common corporate tax base, convergence of tax rates, simpler and more transparent tax systems and country-by-country reporting for corporates;
2015/03/03
Committee: ECON
Amendment 769 #
Motion for a resolution
Paragraph 37 – indent 2
– a social dimension, including a minimum wage mechanism and a minimum unemploymentcommon approach to social benefit schemes for the euro area and in-depth reforms to favour mobility,
2015/03/03
Committee: ECON
Amendment 780 #
Motion for a resolution
Paragraph 37 – indent 3
– the inclusion of the ESM in Union law and a new approach towards Eurobonds,
2015/03/03
Committee: ECON
Amendment 785 #
Motion for a resolution
Paragraph 37 – indent 3 b (new)
- the introduction of exposure limits and risk weights on sovereign debt (sovereign debts can no longer be considered as a safe asset);
2015/03/03
Committee: ECON
Amendment 799 #
Motion for a resolution
Paragraph 37 – subparagraph 1 (new)
Within the framework of future Treaty revision, calls for - a role for the ECJ in the enforcement of the budgetary rules; - the creation of a parliament for the Euro area, under the auspices of the European Parliament, in order to ensure full legitimacy and parliamentary control at the level where decisions are taken and/or implemented, for the ESM for example; - the merging of the deficit and debt procedures, the macroeconomic imbalance procedure and the Country Specific Recommendations into one single, legally binding instrument;
2015/03/03
Committee: ECON