5 Amendments of Urmas PAET related to 2015/2344(INI)
Amendment 176 #
Motion for a resolution
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Notes that the creation of the Euro led to the establishment of a European Central Bank of federal essence; deplores that Member States did not draw the political and institutional consequences of the creation of a single currency by creating a democratic economic, budgetary and fiscal government for the Eurozone; is convinced that without a genuine Economic government the euro area will always be deprived of the necessary tools to implement a proper policy mix;
Amendment 332 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Points out that effective stabilisation of large euro area Member States or a group of closely economically intertwined countries requires sufficient resourcein order to access the fiscal capacity, Eurozone members will have to qualify for it and converge the way they did in the run-up to the euro; Notes that the creation of the fiscal capacity must go hand-in-hand with the democratisation and strengthening of the governance structure of the Eurozone as well as the harmonisation of national public accounts;
Amendment 757 #
Motion for a resolution
Paragraph 38
Paragraph 38
38. Stresses that the Communitya new federal method should prevail in the development of economic governance for the euro area; urges that no reinforcement of intergovernmental structures should take place in parallel with existing structures;
Amendment 798 #
Motion for a resolution
Paragraph 41 a (new)
Paragraph 41 a (new)
41a. Is convinced that the macroeconomic governance of the euro area should evolve towards a system of surveillance centred on a limited number of fiscal indicators with clear and simple rules; considers that a strong enforcement of these rules coupled with an ambitious fiscal capacity should allow for less intrusion from the European level into policy-making at national level; stresses that such an application of the subsidiarity principle would allow for a more credible and more democratic governance of the euro area, which would foster ownership by citizens;
Amendment 813 #
Motion for a resolution
Paragraph 42 – subparagraph 1 (new)
Paragraph 42 – subparagraph 1 (new)
Stresses that the non-euro countries, who do not have an opt-out need to make further effort to fulfil the criteria needed for the adoption of Euro, furthermore the relevant EU institutions must help them to achieve this goal;