21 Amendments of Clare MOODY related to 2015/2344(INI)
Amendment 28 #
Motion for a resolution
Citation 18 a (new)
Citation 18 a (new)
– having regard to the Council conclusions, 18th and 19th February 2016;
Amendment 29 #
Motion for a resolution
Recital A
Recital A
A. whereas the Treaty on European Union establishes the creation of the single marketan economic and monetary union, whose currency is the euro; whereas the European Monetary Union currently consists of 19 members, two of whom have opt-out clauses,of the 28 Member States of the EU, 19 have already adopted the single currency, seven are under a derogation which applies until the Council decides that the conditions are met for its abrogation, and two Member States have, pursuant to Protocols No 15 and No 16 annexed to the Tremaining seven EU Member States having yet to joinaties, respectively no obligation to adopt the euro or an exemption from doing so (‘opt-outs’); whereas no financial liability will be incurred by the twoose countries with opt-outs from EMU in the framework of any fiscal capacity for the euro area;
Amendment 321 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Stresses that a Eurozone fiscal capacity must be created on top of existing EU funding instruments, and within its legal framework, in order to ensure consistent development between euro and non-euro Member States; however it must be ring fenced from contributions from countries with euro currency 'opt-outs';
Amendment 432 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. Insists that once it is integrated into Community law, the fiscal capacity for the euro area shouldmust be rintegrated into the EU budget, but over and above the ceilings of the Multiannual Financial Framework (MFF)g fenced from contributions from countries with euro currency 'opt-outs';
Amendment 484 #
Motion for a resolution
Paragraph 24
Paragraph 24
24. Stresses that significant progress in convergence and sustainable structural reforms is needed in the Eurozone in order to reconcile fiscal consolidation, growth, jobs, productivity, competitiveness and the European social model so as to effectively prevent asymmetric shock; considers that financial support from the Europeanzone level for the implementation of agreed structural reforms in thEurozone Member States, while keeping the responsibility for implementation at the national level, is therefore indispensable;
Amendment 525 #
Motion for a resolution
Paragraph 26 – indent 1
Paragraph 26 – indent 1
– taxation: base and rate of corporate tax, in the Eurozone
Amendment 538 #
Motion for a resolution
Paragraph 26 – indent 2
Paragraph 26 – indent 2
– labour market, including minimum wages, in the Eurozone
Amendment 550 #
Motion for a resolution
Paragraph 26 – indent 3 – paragraph 1
Paragraph 26 – indent 3 – paragraph 1
Amendment 569 #
Motion for a resolution
Paragraph 26 – subparagraph 1 (new)
Paragraph 26 – subparagraph 1 (new)
Notes that investment in areas such as research and development is best done at an EU level, funded by the MFF which all Member States contribute towards, and not by a Eurozone fiscal capacity headed by a Eurozone Treasury; any reduction in scale of such programmes to Eurozone only countries will certainly damage the prosperity and competitiveness of the EU as a whole including Eurozone countries; optional additional contributions from Member States wishing to do more should however be possible as under EFSI;
Amendment 581 #
Motion for a resolution
Paragraph 27
Paragraph 27
27. Considers that a financial instrument is needed to work as an incentive-based mechanism for convergence and sustainable structural reforms with clear conditionality in the Eurozone; believes that the Structural Reform Support Programme (SRSP), which is designed to provide technical support to national authorities for measures aimed at reforming institutions, governance, administration, and economic and social sectors with a view to enhancing growth and jobs, can be further developed as a contribution to this function of the fiscal capacity of the Eurozone;
Amendment 632 #
Motion for a resolution
Paragraph 30
Paragraph 30
30. Points out that the Rainy Day Fund should be funded by all the Member Statescountries in the Eurozone and those intending to join the Eurozone on the basis of a cyclically sensitive economic indicator and used for payments to all Member Statesto countries in the Eurozone and those intending to join the Eurozone suffering from economic downturns;
Amendment 656 #
Motion for a resolution
Paragraph 31
Paragraph 31
31. Acknowledges that the model of a Europeanzone Unemployment Benefit Scheme would foster convergence of labour markets in the medium term;
Amendment 670 #
Motion for a resolution
Paragraph 32
Paragraph 32
32. Considers that the EMF should provide the financial resources for either of these models, which could require increasing the amount of capital; points out that the fund should avoid long-term redistribution effects by ensuring Member StatEurozone countries’ contributions are balanced over the cycle;
Amendment 744 #
Motion for a resolution
Paragraph 37
Paragraph 37
37. Points out that the fiscal capacity has to be of significant size in order to be able to address these euro-area-wide shocks and to finance its functions; insists that in order to provide sufficient financial resources, the euro area fiscal capacity, including the EMF, should be able to increase the issuance of equities via a rise in guarantees; considers that these common issued equities should have the highest credit rate;
Amendment 788 #
Motion for a resolution
Paragraph 41
Paragraph 41
41. Considers that in order to provide for a genuine EMU, a euro area treasury should be created for collective decision- making, supervision and management of the budgetary capacity for the euro area; calls foron the inclusion of this treasury within the European Commission with full macroeconomic, fiscalCommission to come forward with options as to how this treasury could be resourced, and how it would interact with existing Union institutions, in such a way as to ensure democratic accountability and financial competences; calls for a vice-president of the European Commission to head the treasury and simultaneously to act as president of the Eurogroup; urges full accountability of this treasury to the European Parliament particular to guarantee that, on the one hand, Member States not participating in the further deepening of the EMU cannot create obstacles to such further deepening, while on the other hand respecting the rights and competences of the non-participating Member States; calls on the Commission to ensure that the creation of a euro area treasury is consistent with the continued coexistence of different perspectives within the single institutional framework ensuring both the effective operability of Union mechanisms and the equality of Member States before the Treaties;
Amendment 810 #
Motion for a resolution
Paragraph 42
Paragraph 42
42. Considers that those non-euro countries that do not have an opt-out will eventually become part of the EMU and therefore may join the governance framework on a voluntary basis with a special status; opt-out countries may observe;
Amendment 831 #
Motion for a resolution
Paragraph 44 – subparagraph 1 (new)
Paragraph 44 – subparagraph 1 (new)
Member States outside the Eurozone (wish to create new heading after paragraph 44)
Amendment 832 #
Motion for a resolution
Paragraph 44 a (new)
Paragraph 44 a (new)
44a. Recognises that the Treaties allow an evolution towards a deeper degree of integration among the Member States that share such a vision of their common future, whilst other Member States are not committed to further integration; coexistence and respect for differing perspectives must be maintained under the single institutional framework;
Amendment 834 #
Motion for a resolution
Paragraph 44 b (new)
Paragraph 44 b (new)
44b. Recognises that Member States have the right to decide the fundamental principles of their social security systems and enjoy a broad margin of discretion to define and implement their social and employment policy; believes that any proposals for social or employment policy should be open to all participation 28 Member States and discussion of such matters to include the full European Parliament and Council not only representatives from Eurozone countries;
Amendment 835 #
Motion for a resolution
Paragraph 44 c (new)
Paragraph 44 c (new)
44c. Emphasises that advances in consumer, employee, health, and environmental protection must be open to all Member States and discussion must include representatives from all Member States and the full European Parliament so as not to discriminate between EU citizens and maintain a level playing field for businesses and citizens across the EU;
Amendment 836 #
Motion for a resolution
Paragraph 44 d (new)
Paragraph 44 d (new)
44d. Underlines that prosperity of the EU is improved by the continuing universality of many EU programmes and policies such as Horizon 2020, EFSI, COSME, and ERDF; EU wide cooperation and solidarity in this respect must be protected;