2 Amendments of Alfred SANT related to 2019/0161(COD)
Amendment 116 #
Proposal for a regulation
Article 3 – paragraph 1 – introductory part
Article 3 – paragraph 1 – introductory part
This Regulation shall contribute to the 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, while remaining coherent with the social and environmental objectives of the Union, and which sets out:
Amendment 138 #
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 part of the euro-area recommendation and on an annual basis, the strategic orientations for the reform and investment priorities of the euro area. Such orientations should keep the upward economic and social convergence of the Union as their ultimate priority.