12 Amendments of Lídia PEREIRA related to 2022/2006(INI)
Amendment 13 #
Motion for a resolution
Recital A a (new)
Recital A a (new)
Aa. whereas the European Semester, which started with the Annual Sustainable Growth Survey, is an important policy coordination instrument in the economic and fiscal field, and should, first and foremost, focus on these key dimensions of European economic and monetary integration; whereas, however, the European Pillar of Social Rights should be fully integrated in this process; whereas this process should also not ignore the objectives of the European Green Deal; whereas integration of the European Pillar of Social Rights and coherence with environmental policy should not detract from the mainly economic and fiscal nature of this European instrument;
Amendment 16 #
Motion for a resolution
Recital B
Recital B
B. whereas according to the Commission’s autumn economic forecast, the GDP growth rate for 2022 is expected to be 4.3 % of GDP per capita for both the euro area and the EU-27, but is expected to fall to 2.4 % and 2.5 % respectively in 2023; whereas it is therefore vital to adopt economic and fiscal policies that will mitigate the predicted economic slowdown and that will encourage higher growth rates in line with the global economic recovery;
Amendment 19 #
Motion for a resolution
Recital B a (new)
Recital B a (new)
Ba. whereas, given that the forecast growth rates for the EU and euro area in 2022 and 2023 are lower than the predicted global economic growth in GDP, Member States should adopt an ambitious approach when designing their national reform programmes for economic policy and their stability or convergence programmes for fiscal policy, as should the EU when producing country-specific recommendations; whereas, therefore, the EU (and the euro area in particular) should ideally, as a minimum, monitor global growth rates, which should include carefully assessing the gradual removal of public policy stimuli for growth, in line with the practice of other countries or economic cooperation areas;
Amendment 23 #
Motion for a resolution
Recital C a (new)
Recital C a (new)
Ca. whereas disparities in GDP growth among the Member States point to very different structural economic situations across the EU27, which should be taken into account in the European Semester process and, in particular, in the development of national and European instruments as part of the process; whereas, therefore, the process should take account of good examples of public policy (both economic and fiscal) of those Member States that exceed the average growth rates to a greater or lesser extent;
Amendment 42 #
Motion for a resolution
Recital F
Recital F
F. whereas the post-pandemic economic recovery requires the fast and, efficient and transparent implementation of the Recovery and Resilience Facility (RRF); whereas all national recovery and resilience plans should address each of the six pillars and the general and specific objectives of the RRF Regulation and respect its horizontal principles; whereas the Member States should therefore focus their efforts on implementing national plans that promote competitiveness, resilience and adaptation of the European economies to the challenges of the green and digital transitions; whereas funding should thus be targeted at the economies, and Member States should avoid using all or most of the funds for bureaucratic or administrative costs; whereas national plans should be fully consistent and mutually efficient with programmes implementing the multiannual financial framework (MFF);
Amendment 101 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Points out that the successful roll- outrapid, efficient, transparent and successful implementation of the RRF will help to make EU economies and societies more sustainable, inclusive, resilient and better prepared for the green and digital transitions;
Amendment 114 #
Motion for a resolution
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Points out that applying the general escape clause in the Stability and Growth Pact (SGP) cannot, under any circumstances, avoid the need for responsible economic policies and balanced fiscal policies, and stresses that SGP flexibility mechanisms should thus be discussed in relation to the necessary reform of the European fiscal framework;
Amendment 126 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Believes that the review of the EU’s economic governance framework is necessary; agrees with the European Fiscal Board on the importance of having a clear pathway towards a reviewed fiscal framework, preferablywhich must be defined prior to the deactivation of the general escape clause;
Amendment 127 #
Motion for a resolution
Paragraph 7 a (new)
Paragraph 7 a (new)
7a. Considers that reform of the European fiscal framework should be swift, fully transparent, targeted at dimensions that are key to sustainably correcting the macroeconomic imbalances, and based on both a thorough assessment of experience gained from applying the current rules and the specific economic and fiscal situation in each of the 27 Member States; notes that it should also fully involve the European Parliament to guarantee the democratic legitimacy of the European Semester process and instruments;
Amendment 137 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Is convinced that the coordination of national fiscal policies remains crucial in underpinning the recovery; notes that the overall fiscal stance, taking into account national budgets and the RRF, is projected to remain supportive in 2022 to sustain the recovery; agrees with the Commission that Member States with low or medium levels of debt should pursue or maintain a supportive fiscal stance, and that Member States with high levels of debt should use the RRF to finance additional investment to support the recovery, while pursuing a prudent fiscal policy that does not, however, prevent the public investment needed to fund sectors that are strategic for the recovery and resilience of European economies and societies; agrees with the Commission that all Member States should preserve or broadly preserve their national financed investment;
Amendment 233 #
Motion for a resolution
Paragraph 13 a (new)
Paragraph 13 a (new)
13a. Expresses concern about public debt levels, both in absolute values and in terms of their relationship to GDP, in various Member States, which face a key macroeconomic challenge concerning the sustainability of their debt, emphasising the importance of sustained debt reduction strategies in a scenario of inflationary pressure on interest rates and gradual withdrawal of monetary stimuli;
Amendment 236 #
Motion for a resolution
Paragraph 13 b (new)
Paragraph 13 b (new)
13b. Emphasises that failing to make reforms in the context of the favourable financial framework resulting from the application of the RRF and the implementation of the MFF will not only prolong structural weaknesses in national economies and societies, but will in fact worsen them, both in terms of the quality of services provided to the public (by governments) and promotion of the competitiveness of EU economies; urges the Member States to take advantage of all the opportunities offered by the RRF, combined with the application of the general escape clause in the SGP and the monetary stimuli provided by the European Central Bank, to make strategic reforms in order to protect the rights of citizens, provide quality services and create an environment conducive to investment and work by our businesses (particularly SMEs), notably in the areas of health, education, justice and social security;