10 Amendments of Miguel VIEGAS related to 2017/2226(INI)
Amendment 10 #
Motion for a resolution
Recital A
Recital A
A. whereas, according to Commission forecasts, the expansion of the European economy is expected to continue, although the pace of job creation and household purchasing power growth implies a slight loss of momentum over the next two years, with growth reaching 2.3 % this year in the EU and then marginally slowing to 2.1 % in 2018 and to ease slightly to 1.9 % in 2019, and this is taking place in a context of continuing deep-rooted inequality resulting from the pattern of divergence that began with the establishment of the euro;
Amendment 29 #
Motion for a resolution
Recital C
Recital C
C. whereas the European Fund for Strategic Investments (EFSI) has provided important support for investmentultimately provided nothing in the EU, inway of addition to the European Structural and Investment Funds, while at the same time the orientation of savings towards equity has decreased returns and provided fewer incentives for investmentality and failed to drive private investment, which remains at very low levels and is even falling, as is demonstrated by the year-end statistics for 2017;
Amendment 72 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Takes note of the publication of the 2018 Annual Growth Survey (AGS) package and the proposed policy mix of investment, structural reform and fiscal consolidation, presented as a way to further promote higher growth levels and to strengthen European recovery and upward convergand deplores the continuing insistence on the recipes underlying the austerity programmes that are tying economies to downward cycles, with serious social and economic consequences;
Amendment 95 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Highlights, however, the persistent structural problem of insufficient growth of potential output and productivity, flanked by too low a level of investments and wages, leading to persistent social inequalities, and points to the need for a genuinely ambitious public investment plan to promote development and social and territorial cohesion;
Amendment 134 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Welcomes the improvements in public finances, in particular the gradually declining debt/GDP ratios for the EU and euro area and falling headline budget deficits; recalls that, while many Member States have limited fiscal leeway for implementing sustainable, growth-friendly structural reforms, some Member States still have large surpluses which should be used to sustain investments and growth across the EU; takes the view, however, that, in many countries, government debt remains at unsustainable levels and points to the need for a comprehensive renegotiation agreement to relieve countries of this unfair and intolerable burden;
Amendment 157 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Recalls the importance of public investment for boosting and leveraging investment in the EU; considers that the policy mix proposed in the AGS 2018 should be further developed to remedy the current decrease in public investment in the EU; highlights that this decrease also affects local and regional authorities, threatening their ability to deliver quality public services; believes, therefore, that efforts under the Juncker Plan should be channelled towards public investment so as to avoid a proliferation of public- private partnerships of questionable sustainability;
Amendment 300 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Underlines that a fiscal capacity – on top of existing capacities, and not through redeployments that would undermine the vital role currently played by structural funds and cohesion policy – represents a necessary tool for increasing incentives for convergence and to counter asymmetric or symmetric economic shocks; in other words, considers that structural funds and cohesion policy should not be conditioned by adjustment measures in connection with a future European Monetary Fund nor the Fiscal Compact objectives, nor in any other case.
Amendment 321 #
Motion for a resolution
Paragraph 17
Paragraph 17
Amendment 338 #
Motion for a resolution
Paragraph 18
Paragraph 18
Amendment 371 #
Motion for a resolution
Paragraph 19 a (new)
Paragraph 19 a (new)
19a. Notes that the continued use of the euro by some countries has become unsustainable and calls for means to be provided for the purpose of allowing an assisted orderly exit from EMU by those countries which so wish;