6 Amendments of Tom VANDENKENDELAERE related to 2016/2101(INI)
Amendment 172 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Welcomes the Commission’'s recommendation for three Member States to exit the Excessive Deficit Procedure (EDP); agrees with the Commission that large and consistent current account surpluses reflect a clear need toboth the Euro area and national fiscal stance need to strike the right balance between the goals of long term sustainability of public finances and the need to support economic recovery; notes that this requires that countries with large and consistent current account surpluses more actively stimulate demand and productive investment in order to cope with the challenges of the future regarding transport and communications, the digital economy, education and research, climate change, energy, environmental protection and the ageing population, and that countries with high debt levels further pursue growth-friendly fiscal consolidation efforts; calls on the Commission to continue to support budgetary policies that underpin growth and recovery in all Member States and support sustainable structural reforms;
Amendment 191 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Notes that further measures are needed to increase financing opportunities, notably for SMEs, by reduceing non-performing loans (NPL) in the euro area and tohereby increase the ability of banks to lend to the real economy, notably to SMEsas well as by building a genuine CMU with high-quality securitisation, increased venture capital investment and a more effective prospectus regime;
Amendment 210 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Underlines the fact thatWelcomes the Commission's intention to extend the duration of the European Fund for Strategic Investments; regrets however that overall investment has so far lagged and failed to lead to sustainable and inclusive growth in the EU and that under the current circumstances, monetary policy alone is unlikely to bring about recovery, even though the rules made necessary by banking union have imposed more stringent financial criteria on banks; considers; considers that faster progress on growth-enhancing structural reforms is crucial, that a coordinated fiscal expansion is also needed in the EU, therefore, in line with the rules of the Stability and Growth Pact and its flexibility clauses, in order to place emphasis on public and private investment;
Amendment 238 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Emphasises the need to improve the EU’'s overall capacity to grow and create and sustain jobs and thus to tackle high levels of unemployment, while considering that migration could play an important role in compensating for the negative effects of the ageing population; emphasises, however, that this alone cannot be the main response to address structural demographic, labour market or fiscal challenges but that it should be complemented with structural reforms and efficient public expenditure, especially in high-quality social and environmentally sustainable investments;
Amendment 248 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Highlights the importance of resilient labour markets with an appropriate combination of flexibility and security and where an appropriate trade-off is maintained between economic, social and human costs in accordance with the EU values of solidarity and subsidiarity, with a focus on the upgrading of educational systems and vocational education; stresses the urgent need to focus on addressing skills gaps and mismatches by upgrading educational systems and vocational education and by more effectively including vulnerable groups such as older workers and students with a migrant background; welcomes in this respect the review of the European Qualifications Framework to allow for a better understanding of qualifications and to make better use of all available skills in the European labour market; emphasises the need for greater commitment to tackling youth unemployment and calls for continued investment in the Youth Guarantee scheme; underlines furthermore the necessity of a more tailor-made, individualised approach to integrate the long-term unemployed in the labour market;
Amendment 266 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Invites the Commission to give priority to measures that reduce the obstacles to greater investment flows, which arise at both an EU level from the absence of a genuine CMU and a lack of clarity regarding strategies that are to be followed, especially in the fields of energy, transport, communications and the digital economy, as well as from the effect on bank lending in the wake of the adopnd a national level from unduly hampering sector-specific regulation, disproportionate restrictions of the banking union, and a national level fromn business services and regulated professions, ineffective taxation systems, cumbersome legal systems, corruption, lack of transparency, outdated bureaucracy, inadequate digitalisation of public services, lack of mutual recognition of academic and technical qualifications and learning outcomes in the professions and certain services sectors, and educational systems that remain out of synch with modern requirements;