6 Amendments of Markus FERBER related to 2019/2110(INI)
Amendment 64 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Recognises that the average level of debt-to-GDP is projected to decline; notes, however, that the average level still remains significantly above the level required by the Stability and Growth Pact; points out the possibility of rising debt service costs; underlines, therefore, the importance of bringing down overall debt levels, in line with EU fiscal rules; points out that the lack of fiscal space poses a significant constraint on Member States ability to counter an economic downturn;
Amendment 78 #
Motion for a resolution
Paragraph 5
Paragraph 5
Notes, accordingly, with great concern that the average deficit levels appear to be increasing again and that in some Member States deficits above 3 % are projected; underlines that a significant part of the expected expansion originates in countries with high government debt-to-GDP ratios, that can least afford a further increase in debt-to-GDP ratios; therefore calls on Member States with high deficits to return to more prudent fiscal policies; calls on the European Commission to vigorously enforce the fiscal rules of the Stability and Growth Pact to strengthen its credibility;
Amendment 135 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Supports shifting the tax burden away from labour and strengthening education and training systems and investment in skills; stresses the effectiveness of flexible labour market policies and education policies that provide skills relevant for the labour market; points out that vocational education systems have proven particularly effective to combat youth unemployment;
Amendment 181 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Agrees that the economic upswing needs to be supported by public and private investment, particularly in innovation, and notes that there is still an investment gap in the euro area; welcomes the fact that in some Member States investments already exceed the pre-crisis level, and regrets that in others investment is still lagging behind or is not picking up at the necessary speed; calls on Member States to create a regulatory framework that is predictable and supportive of private investment;
Amendment 192 #
Motion for a resolution
Paragraph 12 a (new)
Paragraph 12 a (new)
12a. Highlights the urgent need for a fully-fledged capital markets union, as better integrated financial markets could provide for private risk-sharing and risk- reduction mechanisms as well as easier access to finance for the real economy thereby stimulating private investments;
Amendment 234 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Notes that more than two thirds of the CSRs issued until 2018 have been implemented with at least some progress; regrets, however, that there is evidence of backtracking on elements of major reforms adopted in the past, and is concerned about Member States’ commitment to the CSRs, given that progress on the current recommendations is worse than in previous years; points out that a more streamlined and more focussed European Semester could increase national ownership and uptake of reforms by Member States;