10 Amendments of Tom VANDENKENDELAERE related to 2017/2114(INI)
Amendment 43 #
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Reiterates the call for the three new headline employment indicators to be placed on an equal footing with existing economic indicators, thereby guaranteeing that internal imbalances are better assessed and making structural reforms more effective;
Amendment 48 #
Draft opinion
Paragraph 1 b (new)
Paragraph 1 b (new)
1b. Proposes introducing a non- punitive social imbalances procedure in the design of the CSRs so as to prevent a race to the bottom in terms of social standards, building on effective use of the social and employment indicators in macroeconomic surveillance;
Amendment 130 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Considers that the uneven growth and employment situation in the euro area requires better coordination of structural reforms, in particular through improved implementation of the country-specific recommendations (CSR); thereby calls on the Commission to come forward with a legislative proposal to strengthen the link between structural reforms and EU spending; a partnership-based approach could ensure greater accountability and ownership for the outcome of the implementation of CSRs.
Amendment 148 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Is of the opinion that legacies from the crisis such as a high level of indebtedness in all sectors of the economy still act as a drag on growth and pose potential risks; is concerned in this regard that the persistently high level of non- performing loans in some Member States could have significant spill-over effects from one Member State to another, and between banks and sovereigns, presenting a risk to financial stability in Europe;
Amendment 200 #
Motion for a resolution
Paragraph 11
Paragraph 11
Amendment 227 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Agrees that the economic upswing needs to be supported by both public and private investment and notes that there is still an investment gap in the euro area; recognises, howestresses, moreover, that in some Member States investments already exceed the pre-crisis levelwith sufficient fiscal capacity should be encouraged to further increase public investments;
Amendment 242 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Considers that reforms removing investment bottlenecks would allow for immediate support for economic activity and; moreover, investments in education, innovation, and R&D would allow to better adopt to the knowledge economy, and thereby at the same time set the conditions for long-term growth;
Amendment 343 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Emphasises, however, that the aggregate view ignores the heterogeneous situation across Member States and the need to differentiate the fiscal efforts required by each Member Statebetween Member States with current account surpluses and Member States with current account deficits;
Amendment 380 #
Motion for a resolution
Paragraph 24
Paragraph 24
24. Highlights that the macroeconomic imbalance procedure is aimed at preventing imbalances within Member States with a view to avoiding negative spill-over effects to other Member Statesincreasing convergence between Euro area countries, thereby improving the functioning of the EMU;
Amendment 390 #
Motion for a resolution
Paragraph 25
Paragraph 25
25. Considers it of great importance therefore that all Member States take the necessary policy action to address imbalances, in particular high levels of indebtednesntra- EU macro-economic imbalances, in particular competitiveness imbalances, and commit to structural reforms ensuring the economic sustainability of each individual Member State, thereby ensuring the overall competitiveness and resilience of the European economy;