14 Amendments of Caroline NAGTEGAAL related to 2023/2063(INI)
Amendment 46 #
Motion for a resolution
Recital F
Recital F
F. whereas EU funding hwas proven to be an essential tool to provide macroeconomic stabilisation at EU level and increase its internal and external resilience in times of crisis while supporting Member States in financing necessary investments in EU priorities to tackle current and future challengesonly reimbursed after the economy had already recovered considerably and has therefore played only a limited role in the actual economic recovery;
Amendment 70 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Recognises the efforts of the European Central Bank (ECB) to bring the inflation rate down in the euro area; considers rises in interest rates to only partially address the reasons for the hikes encourages the ECB to do whatever it takes to bring inflation anddown to its target level; considers that adequate and coordinated fiscal, structural and regulatory policies and reforms complementing the ECB’s monetary policy actions are needed;
Amendment 106 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Recalls that the European Semester is the established framework for coordinating the budgetary, and economic, social and employment policies across the Union in accordance with the Treaties, including the European Pillar of Social Rights, thereby safeguarding its macroeconomic stability and its social cohesion;
Amendment 119 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Is concerned about the deterioration of the socialreform dimension of the European Semester resulting from the self-limilimited implementation of country-specific recommendations (CSRs) to the implementation of national recovery and resilience plans (RRPs) and about the declining number of social CSRs based on the Social Scoreboard; calls on the Commission to link the CSRs more closely to the respective country reports;
Amendment 122 #
6. Shares the view that the 2024 CSRs need to be focused on a limited set of economic challenges; underlines that CSRs must equally serve to enhance competitiveness, promote the green and digital transitions and ensure social fairness; stresses that CSRs need to take account of social vulnerabilities and a smooth functioning of the macro economy;
Amendment 134 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Is concerned that the performance-based financing and verification system of the RRF delivers in practice too little in terms of results and creates too much bureaucracy; calls for more flexibility to adjust milestones and targets to take account of lessons learned during the implementation processStresses the importance of meeting the agreed upon milestones and targets before any subsequent reimbursement can take place;
Amendment 146 #
Motion for a resolution
Paragraph 8
Paragraph 8
Amendment 158 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Considers it necessary to reform the EU fiscal rules and welcomes the proposals put forward by the Commission in order to ensure sufficient debt reduction and compliance with the EU Treaty, which prohibits excessive levels of debt and deficit;
Amendment 174 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Underlines that the reform must lead to a simplification of the framework, be more country-specific and strengthen its enforceability, and enablein order to ensure debt sustainability while still enabling Member States to meet the public investment needs for the green and digital transitions of their economies without undermining the sustainability of government debt;
Amendment 183 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. WelcomNotes that lessons have been learned from the design choices of the RRF in linking national fiscal, reform and investment commitments with EU financial incentives such as grants and loans; greatly regrets that, unlike the RRF, theencourages Member States to thoroughly reform of their economic governance framework lacks the incentive mechanisms to support and promote necessary national policy reforms and investments; is concerned that some Member States will not have the financial capacity to finance the just green and digital transition on their ownes along the lines of their country specific recommendations;
Amendment 190 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. DeplorStresses that the interplay between macroeconomic imbalances and fiscal rules is not sufficiently addressed by the reform proposals; underlines that the financial stability of the EU depends on the macroeconomic balance between Member States’ economies and that restoring such a balance may require public spendingflexibility that may be provided under the new economic governance framework should not lead to backloading of either reforms or debt reduction efforts;
Amendment 200 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Acknowledges the need to avoid enduring excessive deficits and calls for common rules based on objective criteria as a way to achieve this goal; stresses that, in return, those rules should not precludethat allow for temporary deviations from the net expenditure path due to dedicated, justifiable and strategically significant investments realising EU objectivshould be used only in exceptional cases;
Amendment 206 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Acknowledges the differences between individual Member States regarding the sustainability of their debt and that their capacity to reduce debt while still being able to invest; emphasises therefore the need to allow Member States to have different debt reduction pathsshould be fully utilized;
Amendment 222 #
15. WelcomeRegrets the fact that the Commission negotiates with the Member States individual fiscal-structural plans; underlpoinets that such an increasethe danger of political horse- trading in dthisc retionary power for the Commission must be accompanied by increased accountability togard; encourages the Commission to strictly enforce the plans that Member States put forwards the European Parliamentmselves;