1 Amendments of Tamás MESZERICS related to 2014/2222(INI)
Amendment 27 #
Motion for a resolution
Recital B
Recital B
B. whereas the EU needs to make a decisive change in an economic policy that has allowed the Union to drift away from the EU 2020 targets, and that has increased the risks of secular stagnation as well as negative social impact and insufficient environmental progress, which is undermining credibility and support for the EU; whereas an ecological transformation is needed to ensure a shift towards a resource efficient economy and ensure sustainable development; whereas the EU is worryingly losing weight in the world economy, while most other countries are showing solid signs of recovery; whereas in October 2014 the IMF estimated that the probability of a recession in the euro area had increased and would reach 35-40% at year’'s end;