15 Amendments of Jonás FERNÁNDEZ related to 2015/2210(INI)
Amendment 60 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Welcomes the Commission’s new approach to streamlinimplifying the European Semester process, i.e. through placing a stronger focus on a limited number of most important priorities and challenges and publishing its country-specific and euro area analysis three months earlier than in previous years;
Amendment 66 #
Motion for a resolution
Paragraph 3 a (new)
Paragraph 3 a (new)
3 a. Welcomes the proposal in the Five Presidents’ report to create a fiscal capacity of the eurozone. Suggests that the aforementioned eurozone budget should be funded through the financial transaction tax and profits from the European Central Bank, among other sources.
Amendment 69 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Notes with concern the varying degrees of commitment demonstrated by Member States to implementing last year’s CSRs; stresses the importance of the implementation of the CSRs in order to ensure consistent and fair implementation of the economic governance framework across Member States; deplores in this context the non-binding nature of the recommendations;
Amendment 82 #
Motion for a resolution
Paragraph 4 a (new)
Paragraph 4 a (new)
4 a. Considers that the structural reforms need to be redefined so as not to be identified solely with reducing the cost of labour.
Amendment 83 #
Motion for a resolution
Paragraph 4 b (new)
Paragraph 4 b (new)
4 b. Notes the proposal in the Five Presidents’ report to base access to future fiscal capacity from the eurozone on the implementation of the structural reforms in the widest possible sense.
Amendment 84 #
Motion for a resolution
Paragraph 4 c (new)
Paragraph 4 c (new)
4 c. Considers that the European Parliament must adopt the country- specific recommendations so as to give them greater democratic legitimacy.
Amendment 91 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Stresses that many Member States, in particular in the eurozone, are faced with similar macroeconomic challenges, including most importantly high debts and low investment; in this context, welcomes the fact that the Five Presidents’ report proposes to complete the banking union with a common Deposit Insurance Scheme.
Amendment 106 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Deplores the persistently high unemployment rates across most Member States, in particular the youth and long- term unemployment rates; stresses the need to reformharmonise the regulations of national labour markets in order to increase job creation ratesand improve job quality;
Amendment 131 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Notes that further fiscal consolidation is still needed in many Member States in order to comply with the conditions of the Stability and Growth Pact (SGP); notwelcomes the Commission’s interpretative communication on flexibility in the SGP, aimed at clarifying the scope of the investment clause and allowing for a certain degree of temporary flexibility in the preventive arm of the SGP; so as ensure the public deficit is reduced in line with the rate of economic growth;
Amendment 139 #
Motion for a resolution
Paragraph 8 a (new)
Paragraph 8 a (new)
8 a. Considers that all investments, including those that do not take the form of credit or equity, should be excluded from the calculation of the public deficit for the purposes of the SGP;
Amendment 157 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Stresses the importance of access to finance for enterprises, in particular for small and medium-sized enterprises (SMEs), which constitute the backbone of the EU economy; points out the failure of currently low interest rates to boost investmentwelcomes the ECB’s quantitative expansion policy, which should be maintained and where necessary expanded, but considers that currently low interest rates have not been sufficient to boost investment to the extent needed, and therefore the European Fund for Strategic Investments must rapidly be implemented;
Amendment 163 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Underlines the need to improve the EU’s business environment as well as to raise productivity levels; stresses the importance of sound business regulation for the success of the EFSI; calls, therefore, for the removal of administrative barriers, cutting red tape and reform of Member States’ tax systems;
Amendment 195 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Stresses the need for Member States to adapt their public finances by conducting a counter-cyclical policy when necessary and making full use of the existing flexibility clauses foreseen in the legislation; considers that Member States with high debt levels in particular must continue with growth-friendlya balanced fiscal consolidation and urgentlythat does not harm growth and implement the recommended structural reforms, while those with more fiscal space should use it to accelerate investment;
Amendment 230 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Stresses the role of flexible labour markets in combatting unemployment, in particular the negative impact on job creation rates of rigid rules on dismissal, excessive minimum wage levels and lengthy labour disputes; calls for a shift away from labour taxes to other sources of taxationthat are efficient at European level in combatting unemployment; calls for a reduction in labour taxes in favour of other sources of taxation, such as the tax on wealth and the financial transaction tax;
Amendment 269 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Underlines the destrucnegative impact of high debt levels on economic growth in the EU; calls on the Commission to explore innovative ways of speeding up and lessening the negative impact of deleveraging in the banking, private and public sectors;