BETA

90 Amendments of Pedro SILVA PEREIRA related to 2018/2119(INI)

Amendment 1 #
Motion for a resolution
Citation 4 a (new)
- having regard to the report of the Reflection Group on the Future of the EU 2030 to the European Council,
2019/01/22
Committee: ECON
Amendment 2 #
Motion for a resolution
Citation 4 b (new)
- having regard to its resolution of 7 May 2009 on the impact of the Lisbon Treaty on the development of the institutional balance of the European Union,
2019/01/22
Committee: ECON
Amendment 3 #
Motion for a resolution
Citation 4 c (new)
- having regard to its resolution of 20 December 2016 on possible evolutions and adjustments to the current institutional set-up of the European Union,
2019/01/22
Committee: ECON
Amendment 4 #
Motion for a resolution
Citation 4 d (new)
- having regard to its resolution of 16 February 2017 on Improving the functioning of the European union building on the potential of the Lisbon Treaty,
2019/01/22
Committee: ECON
Amendment 5 #
Motion for a resolution
Citation 4 e (new)
- having regard to its resolution of 30 May 2018 on the 2021-2027 multiannual financial framework and own resources,
2019/01/22
Committee: ECON
Amendment 6 #
Motion for a resolution
Citation 17 a (new)
- having regard to the Five Presidents’ Report of 22 June 2015 on completing Europe’s Economic and Monetary Union, to the Commission white paper of 1 March 2017 on the future of Europe, and to the Commission reflection paper of 31 May 2017 on the deepening of the Economic and Monetary Union,
2019/01/22
Committee: ECON
Amendment 9 #
Motion for a resolution
Citation 17 b (new)
- having regard to the Eurogroup report to Leaders on EMU deepening of 4 December 2018,
2019/01/22
Committee: ECON
Amendment 10 #
Motion for a resolution
Citation 17 c (new)
- having regard to the statement of the Euro Summit of 14 December 2018,
2019/01/22
Committee: ECON
Amendment 11 #
Motion for a resolution
Citation 18 c (new)
- having regard to its resolution of 12 June 2013 on strengthening European democracy in the future EMU,
2019/01/22
Committee: ECON
Amendment 12 #
- having regard to its resolution of 16 February2017 on budgetary capacity for the euro area,
2019/01/22
Committee: ECON
Amendment 13 #
Motion for a resolution
Citation 20 a (new)
- having regard to the opinion of the Committee of the Regions of 6 July 2018 on the Reform proposals for the Economic and Monetary Union,
2019/01/22
Committee: ECON
Amendment 14 #
Motion for a resolution
Citation 20 b (new)
- having regard to the resolution of the Committee of the Regions of 10 October 2018 on the on the economic policies for the euro area and in view of the 2019 Annual Growth Survey,
2019/01/22
Committee: ECON
Amendment 27 #
Motion for a resolution
Recital B
B. whereas economic growth remainis vulnerable toand is not benefitting all citizens and countinuedries in the same manner and remains vulnerable to geopolitical tensions, which have an impact on global trade, and persisting uncertainties surrounding the Union’s future relations with the UKBrexit;
2019/01/22
Committee: ECON
Amendment 32 #
Motion for a resolution
Recital B a (new)
Ba. whereas real GDP growth is projected by the European Commission to moderate to 1.9% in 2019 and to ease to 1.7% in 2020, in the euro area;
2019/01/22
Committee: ECON
Amendment 33 #
Motion for a resolution
Recital B b (new)
Bb. whereas no euro area Member State is forecast to have a deficit above the 3% of GDP threshold in 2019 and the aggregate euro area headline deficit is expected to have fallen to 0.6% of GDP in 2018, slighting rising to 0.8% of GDP in 2019,
2019/01/22
Committee: ECON
Amendment 35 #
Motion for a resolution
Recital B c (new)
Bc. whereas euro area debt-to-GDP ratio is expected to continue its declining trend of recent years and to fall from around 87% in 2018 to around 85% in 2019,
2019/01/22
Committee: ECON
Amendment 36 #
Motion for a resolution
Recital B d (new)
Bd. whereas the completion of the EMU must be seen as a decisive step towards the stabilization of the Euro Area and promotion of upward socioeconomic convergence and cohesion among Member States,
2019/01/22
Committee: ECON
Amendment 37 #
Motion for a resolution
Recital B e (new)
Be. whereas the Banking Union remains incomplete without a European Deposit Insurance Scheme (EDIS) and a common fiscal backstop,
2019/01/22
Committee: ECON
Amendment 38 #
Motion for a resolution
Recital B f (new)
Bf. whereas Europe still faces an investment gap, even though it has benefitted from exceptionally low interest rates for years and financing conditions remain favourable,
2019/01/22
Committee: ECON
Amendment 39 #
Motion for a resolution
Recital B g (new)
Bg. whereas the European Semester should also contribute to drive the EU and its Member States towards the UN SDGs for 2030 and the compliance with the Paris Agreement goals;
2019/01/22
Committee: ECON
Amendment 40 #
Motion for a resolution
Recital B h (new)
Bh. whereas employment rate in the EU is growing, although unevenly across the EU, noting that long-term unemployment and youth unemployment remain high in a number of Member States,
2019/01/22
Committee: ECON
Amendment 41 #
Motion for a resolution
Recital B i (new)
Bi. whereas the scale of in-work poverty is high and rising in several Member States and the risk of poverty or social exclusion was hitting 113 million people in 2017
2019/01/22
Committee: ECON
Amendment 56 #
Motion for a resolution
Recital E
E. whereas according to the Commission forecast, ten Member States are expected to have debt-to-GDP ratios of more than 60 % in 2019;deleted
2019/01/22
Committee: ECON
Amendment 73 #
Motion for a resolution
Paragraph 1
1. Notes that the Commission’s 2018 Ageing Report shows that fiscal costs linked to pensions, healthcare and long- term care are expected to rise over the coming decades, as Europe’s population continues to age significantly;deleted
2019/01/22
Committee: ECON
Amendment 78 #
Motion for a resolution
Paragraph 2
2. Urges Member States to take responsibility for future generations, and to ensure the sustainability of our social security systems and, in so doing, the future of our welfare states;deleted
2019/01/22
Committee: ECON
Amendment 84 #
Motion for a resolution
Paragraph 3
3. Urges Member States to prepare for these demographic developments by: 1) building fiscal buffers to arm against rising fiscal costs; 2) implementing structural reforms to reduce these costs; and 3) enhancing productivity growth, which is essential to ensuring sustainable economic growth in the future;deleted
2019/01/22
Committee: ECON
Amendment 93 #
Motion for a resolution
Paragraph 4
4. Welcomes the Commission’s Annual Growth Survey 2019, which reaffirms the importance of: 1) high quality investments and targeted strategic infrastructure, research and innovation, human capital, education, training and skills, working and living conditions and social cohesion, circular economy and environmental sustainability; 2) reforms that increase productivity growth, inclusiveness and institutional quality; and 3) macro-financial stability and sound public finances including through the completion of the EMU and the Banking Union;
2019/01/22
Committee: ECON
Amendment 99 #
Motion for a resolution
Paragraph 4 a (new)
4a. Fully supports the Commission’s view that EU and its Member States need decisive and concerted policy action to deliver on the promise of inclusive and sustainable growth,
2019/01/22
Committee: ECON
Amendment 100 #
Motion for a resolution
Paragraph 4 b (new)
4b. Takes the view that the European Semester should embrace a long-term approach consistent with the UN SDGs and the multiannual financial framework; recalls in this context the Commission’s commitment to integrate the implementation of the SDGs within the European Semester,
2019/01/22
Committee: ECON
Amendment 102 #
Motion for a resolution
Subheading 1
Fiscal buffersHigh Quality Public and Private Investment
2019/01/22
Committee: ECON
Amendment 103 #
Motion for a resolution
Paragraph 4 c (new)
4c. Stresses that public and private investment, together with domestic demand and exports, are key factors to support growth and promote convergence at European level; points out that this is even more so in the context of the current economic slowdown and raising external risks and challenges;
2019/01/22
Committee: ECON
Amendment 104 #
Motion for a resolution
Paragraph 4 d (new)
4d. Notes that public investment still remains well below pre-crisis levels and that further efforts are needed to close the investment gap, despite the positive results of the Investment Plan for Europe,
2019/01/22
Committee: ECON
Amendment 105 #
Motion for a resolution
Paragraph 4 e (new)
4e. Considers that growth-orientated fiscal policies are needed at the European level, alongside an appropriate monetary policy, in order to strengthen the European economy,
2019/01/22
Committee: ECON
Amendment 106 #
Motion for a resolution
Paragraph 4 f (new)
4f. Notes that public investment in skills, education, research and innovation and infrastructure should be a top priority; also underlines on this purpose, the importance of investments aiming to upgrade transport infrastructures, including investments into smart, sustainable and safe mobility, including zero-emission mobility, in line with the EU 2030’s climate and energy targets;
2019/01/22
Committee: ECON
Amendment 107 #
Motion for a resolution
Paragraph 4 g (new)
4g. Insists on bringing expenditure on R&D closer to the EU2020 targets; calls on the Member States to set in place proper policies, and to provide investment to ensure equal access to lifelong education and training,
2019/01/22
Committee: ECON
Amendment 108 #
Motion for a resolution
Paragraph 4 h (new)
4h. Welcomes the Commission’s recommendation to encourage Members States with large current account surpluses to promote faster wage growth, strengthen investment and thus foster economic expansion; notes that euro area’s current account surplus is setting to around 3.6% in 2019 and 2020,
2019/01/22
Committee: ECON
Amendment 109 #
Motion for a resolution
Paragraph 4 i (new)
4i. Underlines the need to turn the principles proclaimed in the European Pillar of Social Rights into action, at both European and national levels; recalls that growth is not benefitting all citizens and countries in the same manner and that the legacy of the crisis still persist in several Member States; notes that inequalities are still high and need to be tackled through the adoption of strong social policies;
2019/01/22
Committee: ECON
Amendment 110 #
Motion for a resolution
Paragraph 4 j (new)
4j. Deeply regrets the proposed cuts in cohesion policy as set out by the Commission MFF proposal; insists on the fact that a decrease in structural funding runs counter to the EU’s objective of strengthening economic, social and territorial cohesion and puts at risk the key importance of the ESIF in stimulating public and private investment; recalls that the EU cohesion policy has a direct impact on citizens’ lives; recalls that the Cohesion Funds are responsible for a substantial part of the total public investment in some Member States;
2019/01/22
Committee: ECON
Amendment 111 #
Motion for a resolution
Paragraph 4 k (new)
4k. Welcomes the improvements made in the InvestEU regulation; requests that the focus of the InvestEU programme be placed on efficient resources and decarbonisation projects, and stresses the need to guarantee a fair geographical allocation of investments among Member States and regions; believes that the InvestEU programme should, in no case, be a substitute of the Cohesion Policy,
2019/01/22
Committee: ECON
Amendment 113 #
Motion for a resolution
Paragraph 5
5. Notes that a higher proportion of elderly people entails higher healthcare, old-age care and pension spending; notes, moreover, that in an ageing society the proportion of working-age people is falling in relation to the proportion of elderly people, meaning that there are fewer working-age contributors per elderly person; highlights that this places a massive burden on public finances, threatening their sustainability;deleted
2019/01/22
Committee: ECON
Amendment 120 #
Motion for a resolution
Paragraph 6
6. Is concerned that some Member States with budget deficits and high levels of public debt have missed the opportunity presented by favourable macroeconomic conditions to build fiscal buffers, while, in contrast, some Member States with fiscal space have consolidated further, thereby contributing to the euro area’s current account surplus of around 3.2 %, the highest in the world;deleted
2019/01/22
Committee: ECON
Amendment 136 #
Motion for a resolution
Paragraph 8
8. Regrets that Italy has not submitted a revised draft budgetary plan for 2019 to the Commission; supports the Commission’s consideration of a debt- based excessive deficit procedure against Italy, given the country’s failure to comply with the debt criterion;deleted
2019/01/22
Committee: ECON
Amendment 144 #
Motion for a resolution
Paragraph 9
9. Urges Member States to build fiscal buffers for future generations; calls for improvements to the enforcement of the Stability and Growth Pact (SGP), with a focus on debt reduction;deleted
2019/01/22
Committee: ECON
Amendment 155 #
Motion for a resolution
Paragraph 10
10. Welcomes the European Fiscal Board’s proposal for a radical simplification of the budgetary rules to overcome the weaknesses of the current EU fiscal framework; stresses that flexibility, as built into the SGP rules, should strike a good balance between the objective of ensuring prudent fiscal policy and allowing for productive investments;deleted
2019/01/22
Committee: ECON
Amendment 162 #
Motion for a resolution
Subheading 2
Structural reformsdeleted
2019/01/22
Committee: ECON
Amendment 163 #
Motion for a resolution
Paragraph 11
11. Recalls that workforce ageing is likely to be a significant drag on European productivity growth over the next few decades; urges Member States, therefore, to implement productivity- enhancing structural reforms;deleted
2019/01/22
Committee: ECON
Amendment 169 #
Motion for a resolution
Paragraph 12
12. Stresses the importance of reviewing national public pension schemes, largely financed on a pay-as- you-go basis, in order to reduce their budgetary burden;deleted
2019/01/22
Committee: ECON
Amendment 177 #
Motion for a resolution
Paragraph 13
13. Stresses the importance of increasing the labour force participation rate in order to keep social security systems sustainable, particularly in the context of an increasing dependency ratio;deleted
2019/01/22
Committee: ECON
Amendment 184 #
Motion for a resolution
Paragraph 14
14. Calls for a tax shift away from the high tax burden on labour in Europe;deleted
2019/01/22
Committee: ECON
Amendment 192 #
Motion for a resolution
Paragraph 15
15. Underlines that digitalisation, globalisation and technological change are radically transforming our labour markets;deleted
2019/01/22
Committee: ECON
Amendment 199 #
Motion for a resolution
Paragraph 16
16. Highlights that mobilising a shrinking working-age population will require more versatile employees and more flexible labour markets, combined with active labour market policies, life- long learning and training, and accessible social security systems, as outlined in the European Pillar of Social Rights;deleted
2019/01/22
Committee: ECON
Amendment 209 #
Motion for a resolution
Paragraph 17
17. Highlights that small and medium- sized enterprises (SMEs), which are an important driver of employment, cannot fully harness the potential of the European single market owing to legislative and administrative barriers; urges the Commission to reduce these barriers; urges the Commission, moreover, to tackle unfair competition and taxation among SMEs and multinational corporations;deleted
2019/01/22
Committee: ECON
Amendment 214 #
Motion for a resolution
Paragraph 18
18. Calls for taxation reforms with a view to improving tax collection; highlights the need for better coordination of administrative practices in the field of taxation;deleted
2019/01/22
Committee: ECON
Amendment 223 #
Motion for a resolution
Paragraph 19
19. Recalls the importance of a resilient banking sector that safeguards financial stability; welcomes calls for the step-by-step completion of the banking union, with a credible European deposit insurance scheme and a package to reduce non-performing loans;deleted
2019/01/22
Committee: ECON
Amendment 234 #
Motion for a resolution
Paragraph 20
20. Highlights that a transition to a new risk weight regime for banks’ sovereign exposures will help to weaken the ‘doom loop’ between banks and sovereigns;deleted
2019/01/22
Committee: ECON
Amendment 241 #
Motion for a resolution
Subheading 3
Investment and productivity growthFocusing reforms: productivity, inclusiveness and institutional quality
2019/01/22
Committee: ECON
Amendment 242 #
Motion for a resolution
Paragraph 20 a (new)
20a. Agrees with the Commission that higher productivity growth should be a central objective of national reforms; believes that broader and faster uptake of productivity-enhancing technologies require measures to promote relevant and inclusive investments, skills developments, stronger links between education and training systems and businesses,
2019/01/22
Committee: ECON
Amendment 243 #
Motion for a resolution
Paragraph 20 b (new)
20b. Stresses that increasing productivity growth requires investment in R&D, innovation, and digitalisation, with an emphasis on increasing both physical and human capital; Underlines that digitalisation, globalisation and technological change are radically transforming our labour markets;
2019/01/22
Committee: ECON
Amendment 252 #
Motion for a resolution
Paragraph 21 a (new)
21a. Believes that inclusiveness should be at the core of reform efforts, ensuring that productivity economic growth gains benefit all citizens
2019/01/22
Committee: ECON
Amendment 253 #
Motion for a resolution
Paragraph 21 c (new)
21c. Is concerned about the high and rising in-work poverty in several Member States; recalls that the risk of poverty or social exclusion is still very high in particular for children, people with disabilities and people with a migrant background; notes that tackling poverty and inequalities also requires inclusive efficient tax-benefits systems,
2019/01/22
Committee: ECON
Amendment 254 #
Motion for a resolution
Paragraph 21 d (new)
21d. Stresses that inclusiveness requires a stronger focus on quality education, training and adult learning; fairer tax systems; social inclusion policies and universal access to quality healthcare, childcare and long term care services
2019/01/22
Committee: ECON
Amendment 255 #
Motion for a resolution
Paragraph 21 e (new)
21e. Points out that wage growth is of crucial importance to reduce inequalities and support upward convergence of living standards
2019/01/22
Committee: ECON
Amendment 256 #
Motion for a resolution
Paragraph 21 f (new)
21f. Insists on the need to take due account of the 20 key principles and rights to support fair and well-functioning labour markets outlined in the European Pillar of Social Rights, which should serve as a compass for a renewed process of upward convergence towards better working and living conditions in the European Union
2019/01/22
Committee: ECON
Amendment 257 #
Motion for a resolution
Paragraph 21 g (new)
21g. Recalls the need for stronger surveillance of the employment and social situation in Europe and appropriate and constant follow-up at every step of the European Semester in order to boost quality job creation and thus achieve smart, sustainable and inclusive growth;
2019/01/22
Committee: ECON
Amendment 258 #
Motion for a resolution
Paragraph 21 h (new)
21h. Calls on Member States to adopt measures to help and integrate young citizens not in education, employment or training (NEETs); also calls for more efficient policies to integrate migrants and refugees fighting, also, against any possible in the and fight against any labour market discrimination;
2019/01/22
Committee: ECON
Amendment 259 #
Motion for a resolution
Paragraph 21 i (new)
21i. Believes that broader and faster uptake of productivity-enhancing technologies require measures to promote relevant and inclusive investments, skills developments, stronger links between education and training systems and businesses;
2019/01/22
Committee: ECON
Amendment 260 #
Motion for a resolution
Paragraph 21 j (new)
21j. Stresses the importance of increasing the labour force participation rate in order to keep social security systems sustainable, particularly in the context of an increasing dependency ratio;
2019/01/22
Committee: ECON
Amendment 261 #
Motion for a resolution
Paragraph 21 k (new)
21k. Calls for a tax shift away from the high tax burden on labour in Europe; calls also for taxation reforms with a view to improving tax collection; highlights the need for better coordination of administrative practices in the field of taxation;
2019/01/22
Committee: ECON
Amendment 262 #
Motion for a resolution
Paragraph 21 l (new)
21l. Highlights that small and medium- sized enterprises (SMEs), which are an important driver of employment, cannot fully harness the potential of the European single market owing to legislative and administrative barriers; urges the Commission to reduce these barriers; urges the Commission, moreover, to tackle unfair competition and taxation among SMEs and multinational corporations;
2019/01/22
Committee: ECON
Amendment 263 #
Motion for a resolution
Paragraph 21 m (new)
21m. Notes that the Commission’s 2018 Ageing Report shows that fiscal costs linked to pensions, healthcare and long- term care are expected to rise over the coming decades, as Europe’s population continues to age significantly;
2019/01/22
Committee: ECON
Amendment 264 #
21n. Urges Member States to take responsibility for future generations, and to ensure the sustainability of our social security systems and, in so doing, the future of our welfare states;
2019/01/22
Committee: ECON
Amendment 265 #
Motion for a resolution
Paragraph 22
22. Stresses the need for Member States to distinguish between productive public investment and current expenditure, since budgetary space must in no event be used to finance current expenditure;deleted
2019/01/22
Committee: ECON
Amendment 270 #
Motion for a resolution
Paragraph 23
23. Stresses that increasing productivity growth requires investment in R&D, innovation, and digitalisation, with an emphasis on increasing both physical and human capital;deleted
2019/01/22
Committee: ECON
Amendment 277 #
Motion for a resolution
Paragraph 24
24. Stresses that intra-European foreign direct investment leads to productivity gains for both the investing firm and local firms in the host regions, and generates economic convergence within Europe;deleted
2019/01/22
Committee: ECON
Amendment 281 #
24. Stresses that intra-European foreign direct investment leads to productivity gains for both the investing firm and local firms in the host regions, and generates economic convergence within Europe;
2019/01/22
Committee: ECON
Amendment 283 #
Motion for a resolution
Paragraph 24 a (new)
24a. Highlights that mobilising a shrinking working-age population will require more skilled employees, combined with active labour market policies, life- long learning and training, and accessible social security systems, as outlined in the European Pillar of Social Rights;
2019/01/22
Committee: ECON
Amendment 284 #
Motion for a resolution
Paragraph 24 a (new)
24a. Recalls the importance of a resilient banking sector that safeguards financial stability; welcomes calls for the step-by-step completion of the banking union, with a credible European deposit insurance scheme and a package to reduce non-performing loans;
2019/01/22
Committee: ECON
Amendment 286 #
Motion for a resolution
Subheading 3 a (new)
Macroeconomic stability and Sound Public Finances
2019/01/22
Committee: ECON
Amendment 287 #
Motion for a resolution
Paragraph 24 c (new)
24c. Acknowledges the efforts made by a number Member States to consolidate and improve public finances; notes, in particular, the decrease of the euro’s general aggregate deficit and the GDP- Debt ratio with, notes that some Member States with fiscal space have contributed to the euro area’s current account surplus;
2019/01/22
Committee: ECON
Amendment 288 #
Motion for a resolution
Paragraph 24 d (new)
24d. Notes that no euro area Member State is forecast to have a deficit above the 3% of GDP threshold in 2019, and that the aggregate euro area headline deficit is expected to fall to 0.6% of GDP in 2018, slighting rising to 0.8% of GDP in 2019; recalls that the euro area debt-to-GDP ratio is expected to continue its declining trend of recent years and to fall from around 87% in 2018 to around 85% in 2019;
2019/01/22
Committee: ECON
Amendment 289 #
Motion for a resolution
Paragraph 24 e (new)
24e. Calls for a simplification of the budgetary rules to overcome the lack of consistency of the current EU fiscal framework; supports flexibility in the implementation of the Stability and Growth Pact as proposed by the Commission in 2015; stresses that flexibility, as built into the SGP rules, should strike a good balance between the objective of ensuring prudent fiscal policy and allowing for productive investments;
2019/01/22
Committee: ECON
Amendment 290 #
Motion for a resolution
Subheading 3 b (new)
Welcomes the submission of the revised draft budgetary plan for 2019 by the Italian authorities and the agreement reached with the Commission;
2019/01/22
Committee: ECON
Amendment 291 #
Motion for a resolution
Paragraph 24 f (new)
24f. Agrees with the Commission that macro-financial stability and sound public financial remain a precondition for sustainable growth; Calls for continuous efforts by Member States to reduce deficits and public debt, building fiscal buffers where needed; underlines that coping with potential future shocks requires long-overdue progress in deepening the EMU, completing the Banking Union and creating a meaningful central stabilization function, and keeping strong incentives for sustainable structural reforms;
2019/01/22
Committee: ECON
Amendment 292 #
Motion for a resolution
Paragraph 24 g (new)
24g. Recalls that the completion of the EMU requires strong political commitment, efficient governance based on the Community method and democratic accountability; Underlines the need to strike the right balance between fiscal responsibility and solidarity;
2019/01/22
Committee: ECON
Amendment 293 #
24h. Welcomes the conclusions of the Eurogroup of 4 December 2018 which were endorsed by the EuroSummit of 14 December 2018; welcomes namely the anticipation of the introduction of the backstop to the SRF by 2020 and the endorsement of the Term Sheet on the ESM; regrets, however, that no concrete outcome regarding the future fiscal capacity and the stabilization function has been reached; underlines that significant progress has been achieved recently on the side of risk reduction; recalls also that the European Parliament has made substantial contributions to enable this in particular on the so-called Banking package and the Non-Performing Loans prudential backstop;
2019/01/22
Committee: ECON
Amendment 294 #
Motion for a resolution
Paragraph 24 i (new)
24i. Takes the view that the development of new budgetary tools aimed at stabilisation and convergence in the euro area would be extremely important for the economic governance of the eurozone;
2019/01/22
Committee: ECON
Amendment 295 #
Motion for a resolution
Paragraph 25
25. Highlights the urgent need for a fully-fledged capital markets union, as financial markets could provide for private risk-sharing and risk-reduction mechanisms;deleted
2019/01/22
Committee: ECON
Amendment 301 #
Motion for a resolution
Paragraph 25 a (new)
25a. Welcomes the efforts made to strengthen the financial sector and reduce the NPLs; Recalls the importance of efficient regulation of the banking and financial sectors to forestall any new crises; Recalls the need for urgently completing the Banking Union by establishing a European Deposit Insurance Scheme (EDIS) and a common fiscal backstop;
2019/01/22
Committee: ECON
Amendment 302 #
Motion for a resolution
Subheading 4
National ownershipdeleted
2019/01/22
Committee: ECON
Amendment 303 #
Motion for a resolution
Paragraph 25 b (new)
25b. Highlights the urgent need for a fully-fledged capital markets union, also to promote sustainable private investment;
2019/01/22
Committee: ECON