7 Amendments of Gay MITCHELL related to 2013/2277(INI)
Amendment 59 #
Motion for a resolution
Recital D
Recital D
Amendment 69 #
Motion for a resolution
Recital F
Recital F
F. whereas the EU and its Member States created several ad hoc mechanisms to provide financial assistance for euro area countries, first through bilateral loans, including from several non- euro area countries, then through the EFSF and EFSM, and finally through the ESM, which was meant to replace all the other mechanisms;
Amendment 128 #
Motion for a resolution
Recital K
Recital K
K. whereas, in its resolution of 20 November 2012, Parliament calls for high standards of democratic accountability at Union level to be applied to the Troika; whereas such accountability notably requires the Commission representative(s) in the Troika to be heard in the European Parliament before taking up itstheir duties and to be subject to regular reporting to and democratic scrutiny by the European Parliament;
Amendment 220 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Notes that, at the beginning of the EU- IMF assistance programme, the Irish economy had just suffered a banking and economic crisis of unprecedented dimensions, causing Irish GDP to fall by 6.34% in 2009 (1.1% in 2010) from a positive growth level of 5% of GDP in 2007, unemployment to increase from 4.7% in 2007 to 13.79% in 2010 and - its most detrimental impact - the gGeneral Government balance of paymentsFiscal Balance to experience a deficit in 2010 of 30.6%, down from a surplus in 2007 (0.2%); further notes in the decade prior to the assistance programme that the Irish economy experienced a prolonged period of negative real interest rates;
Amendment 226 #
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Notes that Ireland's debt/GDP ratio increased from 25% in 2007 to 117.4% in 2012, and that an amount representing around 40% of GDP was injected into the banking sector by the taxpayer at a time when bail-in was not available;
Amendment 254 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Notes that the initial agreement between the Irish authorities and the EU and IMF was adopted on 7 December 2010 and 16 December 2010 respectively in the relevant MoUs containing the policy conditionality for EU-IMF assistance; further notes that the Irish programme has since been reviewed regularly, leading to a twelfth and final review on 9 December 2013 marking the imminent completion of the Irish programme;
Amendment 841 #
Motion for a resolution
Paragraph 43
Paragraph 43
43. Is concerned, in particular, to improve the accountability of the Commission when it acts in its capacity as a member of the Troika; requests that the Commission representative(s) in the Troika should be heard in the European Parliament before taking up their duties and should be subject to regular reporting to the European Parliament; notes that the European Court of Auditors has a role in auditing the activities of the Commission in relation to the programmes of support for the programme countries, and in reporting to the Parliament, and calls on the European Court of Auditors to complete its ongoing work programme in relation to the activities of the Commission in the context of the financial crisis;