16 Amendments of Luděk NIEDERMAYER related to 2016/2101(INI)
Amendment 10 #
Motion for a resolution
Recital B
Recital B
B. whereas Europe still faces a huge investment deficit, even though the current account surplus in the eurozone continues to rise, theoretically creating, in order to improve its competitiveness that is the precondition for sustainable economic growth, Europe needs to increase investment mainly by taking advantage of the more favourable conditions for public and private investment due tocaused by the exceptionally low interest rates on government borrowing;
Amendment 35 #
Motion for a resolution
Recital D
Recital D
D. whereas falling oil prices at the start of 2016 that have a positive impact on the EU economy appear to be the key reason dragging down the inflation rate to below zero levels;
Amendment 41 #
Motion for a resolution
Recital E
Recital E
E. whereas political developments such as the question of the UK’s membership of the Union, relations with Russia and, the refugee crisis and uncertainties in global economic development, particularly concerning future development of China's economy, have compounded uncertainties and further served to inhibit investment;
Amendment 50 #
Motion for a resolution
Recital F
Recital F
F. whereas European Parliament, in its resolution on the Annual Growth Survey 2016, requested an improved policy mix and a specific focus on the euro area;
Amendment 71 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Stresses that the challenges in the EU are linked to the deteriorating international economic and political environment and the divergences in the economic and social performance achieved in different parts of the Union;
Amendment 98 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Welcomes the Commission’s continuing approach to limit the number of recommendations and its effort to mainstream the semester by covering mainly key priority areas of macroeconomic and social relevance, when setting the policy objectives for the next 18 months; reiterates that this facilitates the implementation of recommendations according to a comprehensive and meaningful range of social benchmarks; stresses that reduction of number of recommendation by merging thematically different recommendation under one point does not yield any benefits;
Amendment 104 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Fully supports the effortsAsks Member States to madke tocontinuous effort in ensureing greater national ownership in the formulation and implementation of CSRs as an ongoing reform process that is highly important for their future prosperity;
Amendment 149 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Underlines that the still-too-high unemployment rates show that the capacity to create jobs in most Member States is still limited; emphasises that further action is needed, in consultation with employers, entrepreneurs and other social partners and in accordance with national practices, to make labour markets more inclusive overall;
Amendment 155 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Expresses disquiet about the current ‘liquidity trap’ the EU economy seems to have fallen into, with interest rates at the Zero Lower Bound (ZLB), weak demand prospects, and restricted investmenReiterates that under the current economic situation with the liquidity surplus and interest rates at the Zero Lower Bound (ZLB), the key macroeconomic measures that cand spending by households and companies, not lea promote economic growth lie in structural reforms and effective and sust ain surplus countriesable fiscal policy;
Amendment 169 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Welcomes the Commission’s recommendation for three Member States to exit the Excessive Deficit Procedure (EDP); agrees with the Commission that large and consistent current account surpluses reflect a clear need to stimulate demand and investment in order to cope with the challenges of the futurthat are growing since the economic crisis also reflect a weak domestic demand; stresses the need to promote an effective investment particularly in the aregardinga of transport and communications, the digital economy, education and research, climate change, energy, environmental protection and the ageing population; calls on the Commission to continue to support responsible and sustainable budgetary policies that underpin growth and recovery in all Member States and support sustainable structural reforms;
Amendment 200 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Notes that further measures are needed to reduce non-performing loans (NPL) in the euro area and to increase the ability of banks to lend to the real economy, notably to SMEs; stresses the need not to disincentivise banks to write off such a loans;
Amendment 207 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Underlines the fact that investment has so far lagged and failed to lead to sustainable and inclusive growth in the EU and that under the current circumstances, monetary policy alone is unlikely to bring about recovery, even though the rules made necessary by banking unionopted in reaction to financial crisis, have imposed more stringent financial criteria on banks; considers that a coordinated fiscal expansionanti-cyclical fiscal stance of Member States' fiscal policies is also needed in the EU, therefore, in line with the rules of the Stability and Growth Pact and its flexibility clauses, in order to place emphasis on public and private investment, while ensuring responsibility and sustainability of fiscal policies in Member States;
Amendment 239 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Emphasises the need to improve the EU’s overall capacity to create and sustain jobs and thus to tackle high levels of unemployment, while considering that migration could play an important role in compensating for the negative effects of the ageing population; emphasises, however, that this alone cannot be the main response to address structural demographic, labour market or fiscal challenges but that it should be complemented with efficient public expenditure, especially sustainable and responsible fiscal policy promoting high-quality social and environmentally sustainable investments;
Amendment 269 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Invites the Commission to give priority to measures that reduce the obstacles to greater investment flows, which arise at both an EU level from a lack of clarity regarding strategies that are to be followed, especially in the fields of energy, transport, communications and the digital economy, as well as from the effect on bank lending in the wake of the adoption of the banking unionnew regulatory framework, and a national level from cumbersome legal systems, corruption, lack of transparency, outdated and excessive bureaucracy, inadequate digitalisation of public services, misallocation of resources, lack of mutual recognition of academic and technical qualifications in the professions and certain services sectors, and educational systems that remain out of synch with modern requirements;
Amendment 277 #
Motion for a resolution
Paragraph 15
Paragraph 15
Amendment 309 #
Motion for a resolution
Paragraph 17
Paragraph 17
17. Points out that efforts should be made to remove remaining barriers to investment in the Member States and allow for a more suitable policy mix, including a genuine focus on research and development spending; believes that public and private spendromotion of more efficient and higher investment ing and support for research and higher education institutions are crucial factors and that the weakness or absence of this infrastructure places certain countries at a massive disadvantage;