6 Amendments of Martin SCHIRDEWAN related to 2018/2093(INI)
Amendment 4 #
Draft opinion
Paragraph 2
Paragraph 2
2. Calls for the integraabolition of the European Stability Mechanism (ESM) into the EU Treaties by turning it into a full- fledged EU body, on condition that the Commission’s competences on economic policy coordination and multilateral surveillance are fully respected and strengthenedand demands a fundamental review of the current economic governance framework including the Stability and Growth Pact as well as the Fiscal Compact;
Amendment 6 #
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Highlights, in this respect, the catastrophic consequences the implementation of austerity policies have had on the economies and societies of member states in EFSF and /or EFSM and / or ESM programmes; points out that these policies have contributed to the divergence of member states’ economies instead of their convergence;
Amendment 7 #
Draft opinion
Paragraph 2 b (new)
Paragraph 2 b (new)
2b. Notes that the divergence in unit labour costs has been one of the main drivers for the macroeconomic imbalances in the Eurozone; regrets that the economic governance framework of the Union does not provide a framework for wage coordination between Eurozone member states which could help alleviate said imbalances;
Amendment 9 #
Draft opinion
Paragraph 2 c (new)
Paragraph 2 c (new)
2c. Regrets, that the Commission has withdrawn the bank structural reform package (COM/2014/043 final) in July 2018; sees the financial stability of the Union jeopardised as long as the banking sector has not undergone fundamental structural changes; views thus the Banking Union as incomplete until measures to change the structure of the banking system have been implemented;
Amendment 12 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Believes that after the latest tax scandals the ordinary legislative procedure should urgently be introduced for matters related to corporate income taxation as this would reduce member states' incentives to engage in a harmful race to the bottom via taxation policy (tax dumping) and would enhance transparency, fairness and economic convergence;
Amendment 17 #
Draft opinion
Paragraph 6
Paragraph 6
6. Stresses the importance for convergence of the Cohesion, Structural and Investment Funds and of the EIB, welcomes programmes such as the Reform Support Programme to help Member States on their way to joining the euro and further conversion within the EU, and requests an increase in the budget allocation for such programmescalls for additional efforts and resources to achieve socio-economic convergence between and within Member States as the gap between rich and poor is widening.