21 Amendments of Isabel BENJUMEA BENJUMEA related to 2023/2063(INI)
Amendment 22 #
Motion for a resolution
Recital B
Recital B
B. whereas the EU labour market continued to perform strongly in the first half of 2023 despite the slowdown in economic growth, yet labour shortages continue to be acute in some sectors and occupations, according to the Commission’s autumn 2023 forecast; whereas unemployment hit a historic low in the EU as a whole with variation across Member States; whereas youth unemployment rate in October was 14.8% in the EU and 14.9% in the EU area, which means an increase since last year;
Amendment 55 #
Motion for a resolution
Recital F a (new)
Recital F a (new)
F a. whereas according to the Commission’s European Semester: Annual Sustainable Growth Survey, economic activity in the EU slowed down in the face of high inflation and tighter financing conditions, after a strong recovery in 2022;
Amendment 57 #
Motion for a resolution
Recital F b (new)
Recital F b (new)
F b. whereas there is a high risk related to the high level of debt and price differences; whereas inflationary environment contributed to accelerating the deleveraging, tighter financing conditions could increase tensions related to the high level of debt; whereas it would mainly affect Member States where debt servicing requires important refinancing operations or in which the private sector faces a sharp increase of interest payments;
Amendment 59 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Expresses concern about the weak growth in the EU; notes the continuous impact of energy prices and inflation on the purchasing power of households and on the ability to perform of EU companies; therefore it is essential to achieve sustainable and competitive economic growth by achieving efficiency and promoting economic freedom;
Amendment 63 #
Motion for a resolution
Paragraph 1 a (new)
Paragraph 1 a (new)
1 a. Recalls that European economic growth must be based on a free market where there is competition between companies and regions, reduction of regulatory barriers for companies, implement tax policies that encourage investment and job creation, protect the private property of individuals, favour international and European industrial trade, encourage innovation and entrepreneurship, maintain a stable monetary policy, invest in education and training to develop a qualified workforce, control and reduce public spending avoiding excessive deficits and maintain fiscal stability and promote flexibility within the labour market to facilitate the adaptation of companies to changes in demand and improve efficiency;
Amendment 73 #
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 in inflation and that adequate and coordinated fiscal, structural and regulatory policies and reforms complementing the ECB’s monetary policy actions are needed; encourage ECB to keep its mandate on data-based decisions to maintain the price stability;
Amendment 82 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Stresses that a lack of public and private investments in certain Member States is hindering the potential of sustainable growth; highlights that these investments are crucial for the EU’s ability to cope with existing challenges and increase the EU’s resilience and competitiveness during upcoming challenges; highlights that tax incentives for private research and development (R&D) could help lifting an economy’s overall spending towards research and development, which often comes with positive externalities;
Amendment 116 #
Motion for a resolution
Paragraph 5
Paragraph 5
Amendment 129 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Shares the view that the 2024 CSRs need to be focused on a limited set of challenges; underlines that CSRs must equally serve to enhance competitiveness, promote the green and digital transitions and ensure social fairnesequal opportunities; stresses that CSRs need to take account of social vulnerabilities with a strong focus on unemployment ratio;
Amendment 135 #
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; recalls for more flexibilthat Member State governments need to comply wityh to adjust milestones and targets to take account of lessons learned during the implementation proceshe RRF Regulation, the milestones and goals agreed with the Commission, as well as the timetable included in the Operational Agreements; stresses that strict compliance with the RRF Regulation is the only way to achieve full economic recovery and growth of our economies while granting legitimacy of this mechanism and EU bodies;
Amendment 139 #
Motion for a resolution
Paragraph 7 a (new)
Paragraph 7 a (new)
7 a. Recalls that the success of the Recovery and Resilience Facility will not be measured based on the submission of national recovery plans nor on the money transferred by the Commission to the Member States; expect that Commission stick to its commitment to analyse the success of the financed projects by their impact on the economy and employment;
Amendment 143 #
Motion for a resolution
Paragraph 7 b (new)
Paragraph 7 b (new)
7 b. Highlights that the Recovery and Resilience Facility Regulation clearly states that the milestones and goals of national recovery plans should be consistent with the country-specific recommendations(CSRs);
Amendment 144 #
Motion for a resolution
Paragraph 7 c (new)
Paragraph 7 c (new)
7 c. Stresses that to overcome administrative barriers and bureaucracy, coordination between the relevant authorities is essential to manage the Recovery and Resilience Facility, which implies national governments to work in coordination with regional and local authorities, avoiding centralised management of funds that would make their implementation even more difficult;
Amendment 145 #
7 d. Recalls that only through rapid, transparent and effective implementation of the funds by the governments of the Member States, compliance with the agreed reforms and the agreed deadlines that these funds will have the promised impact on the GDP of the Union and of each of its Member States;
Amendment 162 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Considers it necessary to reform the EU fiscal rules and welcomestakes into account the proposals put forward by the Commission as a good starting point for further negotiations ;
Amendment 165 #
Motion for a resolution
Paragraph 9 a (new)
Paragraph 9 a (new)
9 a. Recalls Member States’ exclusive competence in some own economic policies, in particular regarding tax policies within the boundaries of the EU Treaties; acknowledges that although tax policy largely remains a responsibility of the Member States, the single market requires coordination in setting tax policy in order to further single market integration; highlights that EU Member States cooperating on corporate taxation is not a goal in itself, but rather a tool to complete, improve and further develop the single market;
Amendment 171 #
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 enable Member States to meet the publstrategic investment needs for the green and digital transitions of their economies without undermining the sustainability of government debt; even so, recalls that the primary goal must be the reduction of debt and the public deficit;
Amendment 194 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Deplores 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 spending; underlines that public spending must be controlled and justified since otherwise a crowding out effect could occur that would cause the private sector to contract and public debt to skyrocket, increasing the inefficiency of public spending;
Amendment 197 #
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 preclude temporary deviations from the net expenditure path due to dedicated, justifiable and strategically significant investments realising EU objectives; considers that the delivery and commitment by Member States on the implementation of the investments and reforms committed in the national plans of the Recovery and Resilience Facility, Cohesion Funds and future EU investments instruments that serve the same purpose, should be taken into account as a relevant factor leading to the opening of an excessive deficit procedure;
Amendment 209 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Acknowledges the differences between individual Member States regarding the sustainability of their debt and their capacity to reduce debt while still being able to invest; emphasises therefore the need to allow Member States to have different debt reduction paths while preserving sustainable growth of EU economies ;
Amendment 221 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Welcomes the fact that the Commission negotiates with the Member States individual fiscal-structural plans; underlines that such an increase in discretionary power for the Commission must be accompanied by increased accountability towards the European Pasks the Commission that this does not justify large deviations that are allowed in an imparltiamentl manner;