BETA

Activities of Luigi MORGANO related to 2017/2053(INI)

Plenary speeches (1)

The next MFF: Preparing the Parliament’s position on the MFF post-2020 - Reform of the European Union’s system of own resources (debate) IT
2016/11/22
Dossiers: 2017/2053(INI)

Amendments (10)

Amendment 3 #
Draft opinion
Paragraph 1
1. WelcomesPoints out that the GNI-based contribution was established to balance those expenses not covered by other EU level revenues and, as such, is residual in nature; highlights that the GNI-based contribution's share increased from 13,2% in 1991 to 66,3% in 2016, and is today the main source of funding for the EU budget, thus contradicting its original function; welcomes, therefore, the work of the High 1. Level Group on Own Resources, and in particular those measures aimed at reducing the share of the GNI-based contribution, which is residual in nature; argues that this reduction should be compensated for by the use of new, genuine own resources;
2017/12/11
Committee: ECON
Amendment 15 #
Draft opinion
Paragraph 1 a (new)
1a. Considers that the reform of the system of own resources should be guided by the principles of simplicity, stability, flexibility, transparency, fairness, democracy and EU added value, with the aim of allowing citizens to better understand how the EU budget is financed;
2017/12/11
Committee: ECON
Amendment 19 #
Draft opinion
Paragraph 2
2. Considers that preference should be given to genuine European own resources, such as a tax based on the common consolidated corporate tax base (CCCTB) and a contribution based on a definitive VAT system, therebyown resources with a clear European scope, such as a tax to support the EU's efforts in addressing environmental challenges, a tax based on the common consolidated corporate tax base (CCCTB) and a contribution based on a definitive VAT system; considers that this would contribute to fight tax avoidance and evasion, as well as cross- border frauds, more effectively; considers, furthermore, that only a definitive VAT system, and the related own resource, would delivering a fairer system for European citizens with respect to the EU budget;
2017/12/11
Committee: ECON
Amendment 38 #
Draft opinion
Paragraph 3
3. Advocates the establishment of a budgetary capacity for the Eurozone that wouldConsiders that to ensure the Eurozone delivers for all citizens, the establishment of a budgetary capacity for the Eurozone has become necessary and urgent; advocates for this budgetary capacity to be endowed with the means and the tools to perform functions of macroeconomic stabilisation and bring about true economic and social convergence; considers, moreover, that this capacity should be financed through own resources specific tothat can be more easily implemented in the eEuro area, such as a tax on financial transactions, a bank levy established following the CCCTB model, and a share of the ECB’s profits;
2017/12/11
Committee: ECON
Amendment 52 #
Draft opinion
Paragraph 4
4. Considers that the EU should be able to issue zero-risk debt assets in order to offset theits own sovereign debt in order to offset any possible business cycle- related volatility in own resources’ revenues;
2017/12/11
Committee: ECON
Amendment 60 #
Draft opinion
Paragraph 5
5. Stresses, with a view the need for adequate financial support from the EU to Member States to achievinge common EU and Eurozone economic governance objectives, the need for adequate financialincluding supporting sustainable and inclusive growth and investment; considers that such support, which should be financed by genuine own resources in order, so as to ensure democratic legitimacy for the measures agreed upon at European level;
2017/12/11
Committee: ECON
Amendment 75 #
Draft opinion
Paragraph 6
6. Supports the creation of a dedicated budget line to support the adoption of the euro by Member States not yet part of the euro area, but calls for it to be made separate from the Eurozone’s budgetary capacity; considers that the budgetary capacity ofor the Eeurozone-area should be excluded from ceiling calculatpart of the Unions for commitments and payments underramework, over and above the current ceilings of the multiannual financial framework;
2017/12/11
Committee: ECON
Amendment 81 #
Draft opinion
Paragraph 7
7. Supports the proposal to create the post, within the Commission, of a so called "European Finance Minister", who would be tasked with managing the budgetary capacity and ensuring full democratic accountability of the EU’s economic governance, in particular towards the European Parliament and, thus, European citizens; believes that, in order to carry out his duties, the "Finance Minister" should also chair Eurogroup meetings and represent the EU in international fora;
2017/12/11
Committee: ECON
Amendment 90 #
Draft opinion
Paragraph 7 a (new)
7a. Takes note of the Commission's "EMU package" of December 6th, 2017, consisting of three Communications and four legal proposals; considers that these don't yet achieve their stated purpose of deepening the Eurozone, but welcomes the debate on the issue; regrets that the proposal of the Commission on a "European Monetary Fund" does not include a greater role for the European Parliament;
2017/12/11
Committee: ECON
Amendment 94 #
Draft opinion
Paragraph 8
8. Considers that the Council decision on own resources should be taken in accordance with the ordinary legislative procedure, with full involvement of the European Parliament.
2017/12/11
Committee: ECON