8 Amendments of Markus FERBER related to 2015/2115(INI)
Amendment 34 #
Motion for a resolution
Recital F
Recital F
F. whereas in 2014 the ECB lowered its key refinancing rates to the effective lower bound and reduced its deposit facility rate to -0.20 %; whereas lower real rates have not translated into either increased credit for households and businesses, especially SMEs, or GDP growth and job creation; whereas the ECB’s loose monetary policy has thus failed to achieve its objectives;
Amendment 39 #
Motion for a resolution
Recital H a (new)
Recital H a (new)
Ha. whereas by engaging in its programme of bond purchasing the ECB has loaded a substantial level of risk on to its balance sheet;
Amendment 45 #
Motion for a resolution
Recital I a (new)
Recital I a (new)
Ia. whereas hitherto, when performing its supervisory role, the ECB has not always taken sufficient account of the proportionality principle;
Amendment 130 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Warns that exiting from the current quantitative easing measures will be a very complex matter which will have to be carefully planned, especially the timing of the exit; emphasises, however, that quantitative easing does not offer long- term solutions to the problems facing the European economy and is no substitute for necessary structural reforms in the Member States;
Amendment 220 #
Motion for a resolution
Paragraph 22 a (new)
Paragraph 22 a (new)
22a. Calls on the ECB, when performing its supervisory role, to take greater account of the proportionality principle in the future;
Amendment 221 #
Motion for a resolution
Paragraph 22 b (new)
Paragraph 22 b (new)
22b. Calls on the ECB to completely rework the proposal to set up a comprehensive Analytical Credit Dataset, Anacredit), taking particular account of the proportionality principle, and in doing so to focus on setting appropriate thresholds in an effort to minimise the administrative costs for smaller financial institutions in particular;
Amendment 246 #
Motion for a resolution
Paragraph 26
Paragraph 26
Amendment 257 #
Motion for a resolution
Paragraph 27
Paragraph 27