9 Amendments of Stéphanie YON-COURTIN related to 2023/2064(INI)
Amendment 63 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Fears that, without properly delivering on itsRecalls the importance of the ECB mandate of maintaining price stability, the ECB risks losing its legitimacy;
Amendment 67 #
Motion for a resolution
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Calls on the ECB to continue its essential work on climate risk stress tests developed to assess the resilience of banks and corporations in the face of climate transition risk;
Amendment 79 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Expresses concern about the highTakes note of the differing levels of debt and government deficits within the Member States and the risks that this entails; notes that the situation is worse in the euro area than in non-euro area Member Statepotential risks and problems that this entails; looks forward to the outcome of the Commission’s legislative proposals on revising the EU’s economic governance rules and calls for ambitious rules fit for the challenges currently facing the European Union; and welcomes the ECB’s opinion in this regard;
Amendment 88 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. RDeeply regrets Russia’s ongoing aggression against Ukraine; agrees with member of the Executive Board Isabel Schnabel on the risk the war entails in terms of negative supply side shocks;
Amendment 91 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Highlights that not only do persistent high levels of inflation, the ongoing war in Ukraine and highdivergent levels of debt in the Member States threaten the competitiveness of the European economy, and thus the international role of the euro as well, but also the upward price pressure following theneed for urgent action to implementation of the European Green Deal, the rise of fragmentation and protectionism in global trade, and an impending subsidy race between statensure Europe’s strategic autonomy as well as a global level playing field for Europe’s companies;
Amendment 156 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Notes the inflation target level of 2 % in the medium term; observes that inflation has, thus far, either been well below or far above this target level; questicalls ons the scientific evidence for this 2 % target level, as well asECB to better define the meaning of ‘medium term’; invites the ECB to look into a more qualitative approach to price stability;
Amendment 166 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Supports the ECB’s decision to scale back its asset-purchasing programmes, in view of the excess liquidity in the market; notwelcomes the ECB’s announcement to decarbonise its corporate bond holdings by ‘tilting’ its portfolio; stresses the importance of the quality of the collateral;
Amendment 201 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Takes note ofWelcomes the ECB’s progress on the digital euro project and welcomes its dialogue with Parliament in this regard; reiterates that a digital euro must respect competition in the banking landscape, must not endanger the existence or use of cash and must respect the privacy of citizens and businesseswith the view for the EU to be at the forefront of the digital transformations in the payments sector and welcomes its dialogue with Parliament in this regard; reiterates that as a complement to cash, the digital euro will only be a success if it ensures citizens’ privacy, is easy to use, and allows the fight against money laundering, without destabilizing the financial system; welcomes in this regard the European Commission’s legislative proposals for a “single currency package” which must give EU co-legislators the opportunity to decide on a number of key design choices of a digital euro;
Amendment 213 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. Welcomes the Basel III framework, as it will strengthen the resilience of the banking sector; warns about the risk of non-complianceunderlines the importance of taking European specificities into account, ensuring the competitiveness of European banks and an international level playing field;