7 Amendments of Fabio Massimo CASTALDO related to 2019/2211(INI)
Amendment 202 #
Motion for a resolution
Paragraph 8 a (new)
Paragraph 8 a (new)
8 a. Underlines the importance of boosting public investment in the EU Member States, particularly in those countries with less fiscal space, in order to remedy to the adverse effect of austerity policies on aggregate demand and employment; calls, to this end, that public productive investments be exempted from deficit and debt calculations; considers that the regulatory framework for private investment should be improved further;
Amendment 236 #
Motion for a resolution
Paragraph 11 a (new)
Paragraph 11 a (new)
11 a. Stresses that Europe’s long economic crisis has revealed the structural fragility of the EU governance framework and the asymmetric nature of the EMU; calls for a change in the existing framework in order to effectively tackle the economic recession, boost quality job creation and regain competitiveness, including through public investment, especially in areas such as education, innovation and R&D;
Amendment 259 #
Motion for a resolution
Paragraph 13 a (new)
Paragraph 13 a (new)
13 a. Recalls that some Member States still have large and persistent current account surpluses that are hampering recovery and preventing rebalancing within the Eurozone; deplores the fact that the Commission has never applied the existing tools available under the Macroeconomic imbalance procedure (MIP) to correct this imbalance; calls, in this regard, on the Commission to take decisive and effective action by applying the corrective arm of the MIP so as to ensure that excessive surpluses can be used to sustain public and private investments and boost economic growth;
Amendment 276 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Recalls the importance of the efficient regulation of the banking and financial sectors in order to prevent a new crisis; believes that such regulation must integrate the ecological situation; emphasises the importance of completing the Banking Union and the need to reform the European Stability Mechanism; with a credible European deposit insurance scheme, a package to reduce non- performing loans and a structural reform of the banking sector to prevent financial institutions from being “too big to fail” and separate essential banking services for citizens from trading activities and speculation;
Amendment 292 #
Motion for a resolution
Paragraph 15 a (new)
Paragraph 15 a (new)
15 a. Calls for a tax shift away from the high tax burden on labour in Europe, transferring it towards the banks and multinationals;
Amendment 294 #
Motion for a resolution
Paragraph 15 b (new)
Paragraph 15 b (new)
15 b. Calls for taxation reforms with a view to improving tax collection and tackling tax evasion; highlights the need for Council to progress on public country by country reporting, digital services tax, a financial transaction tax, CCCTB and better coordination of administrative practices in the field of taxation;
Amendment 331 #
Motion for a resolution
Paragraph 17 a (new)
Paragraph 17 a (new)
17 a. 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;