18 Amendments of Costas MAVRIDES related to 2019/0161(COD)
Amendment 32 #
Proposal for a regulation
Recital 2
Recital 2
(2) In order to ensure the proper functioning of the Economic and Monetary Union, Member States whose currency is the euro should take measures to enhance the resilience of their economies through target, the cohesion and the sustainability of their economies through targeted sustainable, growth-friendly and socially balanced structural reforms and investment. The Euro Summit of December 2018 mandated the Eurogroup to work on the design, modalities of implementation and timing of a budgetary instrument for competitiveness and convergence for the euro area, which is to be adopted on the basis of the relevant Commission proposal, amended if necessary. To ensure that Member States carry out structural reforms and investment in a consistent, coherent and well- coordinated manner, it is necessary to establish a governance framework to enable the Council to provide strategic orientations on reform and investment priorities to be undertaken within the euro area by the Member States. Such a framework would enhance convergence and competitiveness of the euro area. The Council should also provide country- specific guidance on individual reforms and investment objectives of the Member States whose currency is the euro, which can be supported by the budgetary instrument for convergence and competitiveness. Since such a framework is specific to the Member States whose currency is the euro, only members of the Council representing those Member States should take part in votes under this Regulation aiming to upward socio-economic convergence, it is necessary to establish a governance framework for the budgetary instrument for convergence and competitiveness for the euro area.
Amendment 43 #
Proposal for a regulation
Recital 3
Recital 3
(3) At the Union level, the European Semester of economic policy coordination is the framework for the identification of national reformThis Regulation addresses the need to establish a framework to define strategic orientations for the reform and investment priorities of the Member States and for the monitoring of the implementation of those priorities. This Regulation addresses the need to establish coherence between the reform and investment priorities for the euro area as a whole and thewhose currency is the euro, in accordance with the EU’s commitment to the 2030 climate targets, the European Pillar of Social Rights (EPSR), the Paris climate agreement and the UNSDGs. This does not preclude the Member States to submit proposals for reforms and investment objectives of the individual Member States whose currency is the euro, and to ensure their consistency with the European Semesterunder this programme consistent with other relevant actions related to the implementation of Union policies.
Amendment 52 #
Proposal for a regulation
Recital 4
Recital 4
(4) On an annual basis, the Council should and for the purposet out strategic orientationf the allocation process onf the reform and investment priorities for the euro area, as part of the recommendbudgetary instrument of convergence and competitiveness referred to in Regulation (EU) XXXX/XX [Reform and Investment Support Programme Regulation on], the economic policy of the euro area. The strategic orientations should be adopted by the CouncilCouncil should adopt strategic orientations on the reform and investment priorities for the euro area acting by qualified majority on a recommendation from the Commission, and after the Eurogroup has discusscompetent committee of the European Parliament has approved the reforms and investment priorities that it considers relevant and appropriate for inclusion there in. The annual Euro Summit will play its role.
Amendment 89 #
Proposal for a regulation
Recital 10
Recital 10
(10) In order to enhance the dialogue between the Union institutions, in particular between the European Parliament, the Council and the Commission, and to ensure greater transparency and accountability in that economic and social dialogue, the competent committee of the European Parliament can invite the President of the Council, the Commission and, where appropriate, the President of the Eurogroup, and the social partners to appear before the committee to discuss the measures foreseen and taken pursuant to this Regulation. The Commission should make all relevant information available to the European Parliament and to the Council simultaneously.
Amendment 101 #
Proposal for a regulation
Article 1 a (new)
Article 1 a (new)
Article 1 a The functioning of the BICC needs to be complemented by an euro-area stabilisation instrument to counter economic shocks and strengthening the resilience of the European economy.
Amendment 105 #
Proposal for a regulation
Article 2 – paragraph 1 – point a
Article 2 – paragraph 1 – point a
Amendment 106 #
Proposal for a regulation
Article 2 – paragraph 1 – point b
Article 2 – paragraph 1 – point b
Amendment 109 #
Proposal for a regulation
Article 2 – paragraph 1 – point b a (new)
Article 2 – paragraph 1 – point b a (new)
(b a) ‘Strategic orientations for the reform and investment priorities’ means the sustainable reform and investment priorities for the euro area, in accordance with the EU’s commitment to the 2030 climate targets, the European Pillar of Social Rights(EPSR), the Paris climate agreement and the UN SDGs, adopted jointly by the Council acting by qualified majority and the European Parliament on a recommendation from the Commission, and after consultation with social partners and relevant stakeholders.
Amendment 111 #
Proposal for a regulation
Article 2 – paragraph 1 – point b b (new)
Article 2 – paragraph 1 – point b b (new)
(b b) 'Sustainable reforms and investment' means lasting reforms and investment aimed at addressing economic, environmental and social challenges, in line with the 2030 climate target, the UN SDGs, the objectives of the European Green Deal or the European Pillar of Social Rights and with a view to enhancing cohesion, convergence, sustainable growth and high-quality job creation in particular in the context of economic governance processes;
Amendment 112 #
Proposal for a regulation
Article 2 – paragraph 1 – point b c (new)
Article 2 – paragraph 1 – point b c (new)
(b c) 'Convergence' means the development of Member States’ economies towards a sustainable and social inclusive growth path as reflected in the European Green Deal and the EU’s new growth strategy.
Amendment 113 #
Proposal for a regulation
Article 3 – paragraph 1 – introductory part
Article 3 – paragraph 1 – introductory part
This Regulation shall contribute to the upward convergence and competitiveness of the economies of the Member States whose currency is the euro by defining a governance framework relevant for the budgetary instrument for convergence and competitiveness, which sets out:with the view to enhance cohesion and sustainable growth and quality job creation, reduce disparities and to strengthen the resilience of economies by defining a governance framework relevant for the budgetary instrument for convergence and competitiveness, which sets out the strategic orientations for the sustainable reform and investment priorities of the euro area to be addressed through the budgetary instrument for convergence and competitiveness. This does not preclude the Member States to submit proposals for reforms and investment under this programme consistent with other relevant actions related to the implementation of Union policies.
Amendment 125 #
Proposal for a regulation
Article 3 – paragraph 1 – point b
Article 3 – paragraph 1 – point b
Amendment 132 #
Proposal for a regulation
Article 4 – paragraph 1
Article 4 – paragraph 1
1. On a recommendation from the Commission and after discussion in the Eurogroup, the Council shall establish, as par, the Council and the European Parliament shall establish jointly, on an annual basis, the strategic orientations for the reform and investment priorities of the euro area, taking into account specific social and environmental indicators identified for each Member State in the context of the eEuro-area recommendpean Semester of economic policy coordination, and on an annual basis, the strategic orientations for the reform and investment priorities of the euroiming to upward economic and social convergence and supporting the EU’s climate and social commitment, i.e the implementation of the objectives of the European Green Deal, the European Pillar of Social Right, the UN SDGs and the Paris climate agreaement.
Amendment 149 #
Proposal for a regulation
Article 5
Article 5
Amendment 159 #
Proposal for a regulation
Article 6 – paragraph 1
Article 6 – paragraph 1
Amendment 167 #
Proposal for a regulation
Article 8 – paragraph 1
Article 8 – paragraph 1
In order to enhance the economic and social dialogue between the Union institutions, in particular the European Parliament, the Council and the Commission, and to ensure greater transparency and accountability, the competent committee of the European Parliament may invite the President of the Council, the Commission and, where appropriate, the President of the Eurogroup, and the social partners to appear before the committee to discuss the measures foreseen and taken pursuant to this Regulation. The Commission shall make all relevant information available to the European Parliament and to the Council simultaneously.
Amendment 175 #
1. By 31 December 2023 and every four years thereafter, the Commission shall publish a report on the application of this Regulation. That report shall assess the effectiveness of this based on the criteria as defined in Regulation (EU) XXXX/XX [Reform and Investment Support Programme Regulation].
Amendment 179 #
Proposal for a regulation
Article 9 – paragraph 2
Article 9 – paragraph 2
2. The Commission shall send the report to the European Parliament and to the Council simultaneously.