6 Amendments of Eero HEINÄLUOMA related to 2019/2129(INI)
Amendment 79 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Stresses that more fiscal policy is a necessary component for enhancing the impact of monetary policy and reducing possible side effects;
Amendment 91 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Underlines the findings of the ESCB expert group on low wage growth1 , which analysed the disconnect between wage growth and labour market recovery, namely that low wage growth over recent years can be explained mainly by technology and wage bargaining shocks, the latter being impacted by changes in wage bargaining structure – reducing the bargaining power of employees – and labour market regulations – mainly in countries most affected by the global economic and financial crisis and the combination of labour underutilisation, low inflation readings and subdued productivity growth; and believes this is a regrettable trend. _________________ 1ECB Occasional Paper Series No 232 / September 2019: Understanding low wage growth in the euro area and European countries. https://www.ecb.europa.eu/pub/pdf/scpops/ ecb.op232~4b89088255.en.pdf
Amendment 127 #
Motion for a resolution
Paragraph 5 – indent 4
Paragraph 5 – indent 4
- The creation of a safe asset guaranteed by euro-area Member States to foster the integration of bond markets;, provided the right conditions are fulfilled.
Amendment 173 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Underlines that very low or negative interest rates offer opportunities to consumers, workers and borrowers, who can benefit from stronger economic momentum, lower unemployment and lower borrowing costs; notes that in the long term this could be a problem for savers and pensioners.
Amendment 249 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Calls for the capital markets union (CMU) project to be accelerated in order to deepen financial integration and to improve the access of SME's to finance, with a view to improving resilience to shocks and making the transmission of monetary policy across the monetary union more effective;
Amendment 275 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Agrees with Christine Lagarde that a review of the ECB’s monetary policy framework is timely and warranted in order to ensure that the ECB has the right tools to deliver on its price stability mandate in the future; calls on the ECB to organise a public consultation as part of this process in order to ensure that the review is open to input and feedback from a broad range of diverse civil society stakeholders; agrees further with Christine Lagarde that the ECB has to enhance its communication of the impact of its policies towards the European citizens.