429 Amendments of Gay MITCHELL
Amendment 59 #
2013/2277(INI)
Motion for a resolution
Recital D
Recital D
Amendment 69 #
2013/2277(INI)
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 #
2013/2277(INI)
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 #
2013/2277(INI)
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 #
2013/2277(INI)
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 #
2013/2277(INI)
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 #
2013/2277(INI)
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;
Amendment 6 #
2013/2058(INI)
Motion for a resolution
Recital C
Recital C
C. whereas, since all policies of the Union have an external impact, they must be designed to meet the long-term needs of developing countries andin relation to combating poverty, provideing social security and a decent income, and safeguarding fundamental human rights and economic and environmental rights;
Amendment 7 #
2013/2058(INI)
Motion for a resolution
Recital I a (new)
Recital I a (new)
Ia. whereas coordination of EU Member States' development policies and aid programmes is an important part of the PCD agenda; whereas it is estimated that as much as EUR 800 million could be saved annually from cutting transaction costs if the EU and its Member States concentrated their aid efforts on fewer countries and activities;
Amendment 8 #
2013/2058(INI)
Motion for a resolution
Recital I b (new)
Recital I b (new)
Ib. whereas the effectiveness of EU development policy is hindered by fragmentation and duplication of aid policies and programmes across Member States; whereas a more coordinated EU- wide approach would reduce the administrative burden and reduce the related costs;
Amendment 10 #
2013/2058(INI)
2. Calls on the European Union, the Member States and their partner institutions to ensure that the new ‘post- 2015’ framework includes a PCD objective which makes it possible to develop reliable indicators to measure the progress of donors and southern partnerpartner countries and to assess the impact of the various policies on development, in particular by applying a ‘PCD lens’ to key issues such as population growth, global food security, illicit financial flows and green growth;
Amendment 18 #
2013/2058(INI)
Motion for a resolution
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Points out the importance of the role of the European External Action Service in implementing PCD, in particular the role of the EU Delegations in monitoring, observing and facilitating consultations and dialogue with stakeholders and partner countries on EU policy impacts in developing countries;
Amendment 22 #
2013/2058(INI)
Motion for a resolution
Paragraph 7
Paragraph 7
7. Stresses the important role which the European Parliament could play in the process of promoting PCD by assigning it priority in Parliament’s agendas, by increasing the number of meetings between committees and between parliaments relating to PCD, by promoting dialogue on PCD with partner countries and by fostering exchanges of views with civil society; recalls that structured annual meetings between national parliaments of Member States' and the European Parliament is an important way of strengthening PCD and coordination;
Amendment 1 #
2013/2057(INI)
Motion for a resolution
Citation 21 a (new)
Citation 21 a (new)
- having regard of the Council Decision of 26 July 2010 Establishing the organisation and functioning of the European External Action Service (2010/427/EU), especially article 9 External action instruments and programming,
Amendment 3 #
2013/2057(INI)
Motion for a resolution
Recital A
Recital A
A. whereas recent estimations set out in the above-mentioned ‘Cost of Non-Europe Report’ show that as much as EUR 800 million could be saved annually from cutting transaction costs if EU donorthe EU and its Member States concentrated their aid efforts on fewer countries and activities;
Amendment 4 #
2013/2057(INI)
Motion for a resolution
Recital C
Recital C
C. whereas, given the change in international demographics and the greater future interdependence between what is now the developing world and the EU as a whole, more efficiency in the spending of development aid will bring about more effective assistance on the ground and have the added benefit of breeding greater mutual respect into the future;
Amendment 6 #
2013/2057(INI)
Motion for a resolution
Recital E
Recital E
E. whereas the EU and its Member States should continue to lead by example in reducing aid fragmentation by fully implementing the international aid and development effectiveness commitments made in Paris, Accra and Busan and by building on the progress made in the current process of Joint Programming;
Amendment 11 #
2013/2057(INI)
Motion for a resolution
Paragraph 1
Paragraph 1
1. Calls on the EU and its Member States to honour their commitments under the Paris Declaration and, the Accra Agenda for Action and the Busan Global Partnership for Effective Development Cooperation, the main obstacles to which are lack of political will, bureaucracy and high transaction costs;
Amendment 14 #
2013/2057(INI)
Motion for a resolution
Paragraph 2
Paragraph 2
2. Calls for more effective EU coordination ofby the EU and its Member States through, inter alia, Joint Programming including in-country division of labour in order to avoid overlapping of actions and high transaction costs;
Amendment 16 #
2013/2057(INI)
Motion for a resolution
Paragraph 3
Paragraph 3
3. Calls for more effective EU coordination by the EU and its Member States of cross- country division of labour in order to address the problem of ‘aid darlings’ and ‘aid orphans’; stresses that the aim to increase the impact of aid and to get more results and value for money should not lead to a risk-averse development policy which only focuses on ‘easy countries’;
Amendment 24 #
2013/2057(INI)
Motion for a resolution
Paragraph 7
Paragraph 7
7. Considers that, as a result of their voluntary, non-binding nature, current EU initiatives to enhance donor coordination have not completely exploited the full potential of the EU and its Member States to render its development aid more effective and efficient; therefore calls on the EU and its Member States to establish a new instrument for coordination in the form of a Regulation;
Amendment 30 #
2013/2057(INI)
Annex to the Motion for a Resolution
Recommendation 3
Recommendation 34 (on division of labour) The EU has developed a wide array of guiding principles on the way division of labour should be effectively conducted. The EU Code of Conduct on Complementarity and Division of Labour in Development Policy provides guidance to Member States and the Commission and should be speedily implemented in all partner countries. Recommendation 34.1: on in-country division of labour The EU and its Member States should reduce transaction costs by limiting the number of EU donors active in sector policy dialogue and cooperation activities. In order to do so, they should develop and implement sector exit plans for better sector concentration, based on a dialogue with partner governments and other donors as well as on an impact analysis of potential financing gaps. Recommendation 34.2: on cross-country division of labour With a view to reducing cross-country aid fragmentation and donor proliferation, the EU and its Member States should ensure that their country allocations are carried out on an informed basis including by taking into account other Member States' intentions and opportunities for EU impact. Member States should strive for better geographic concentration while the Commission shall play a coordinating role, particularly in orphan countries. In this respect, EU joint analyses and strategies for both EU “darling” and "orphan" countries could serve as a basis for better cross-country division of labour.
Amendment 31 #
2013/2057(INI)
Annex to the Motion for a Resolution
Recommendation 4
Recommendation 43 (on Joint Programming) The Regulation should codify the Member States' and Commission's commitment to increasing their participation in joint multi- annual programming based on partner countries' development strategies including, to the best possible extent, the synchronisation of EU and national programming cycles at partner country level. The EU joint programming framework is a pragmatic tool to advance division of labour and should complement and strengthen existing arrangements for donor coordination in order to avoid unnecessary parallel processes. The Regulation should ensure that the EU actively monitors progress at country level and at headquarters to ensure that steady progress is made on existing commitments, and that road maps for the implementation of the EU joint programming framework are duly followed up.
Amendment 32 #
2013/2057(INI)
Annex to the Motion for a Resolution
Recommendation 3 - Introductory Part
The EU hasand its Member States have developed a wide array of guiding principles on the way division of labour should be effectively conducted. The EU Code of Conduct on Complementarity and Division of Labour in Development Policy provides guidance to Member States and the Commissionthe EU and its Member States and should be speedily implemented in all partner countries.
Amendment 33 #
2013/2057(INI)
Annex to the Motion for a Resolution
Recommendation 4 - Sub-paragraph 1
The Regulation should codify the EU and its Member States' and Commission's commitment to increasing their participation in joint multi- annual programming based onaligned with partner countries' development strategies including, to the best possible extent, the synchronisation of EU and nationalwith programming cycles at partner country level. The EU joint programming framework is a pragmatic tool to advance division of labour and should complement and strengthen existing arrangements for donor coordination in order to avoid unnecessary parallel processes.
Amendment 34 #
2013/2057(INI)
Annex to the Motion for a Resolution
Recommendation 5 - Sub-paragraph 1
The Regulation should codify the mechanisms to report evidence of progress of increased donor coordination at the country level by including, inter alia: a) disaggregated information on all relevant aid flows; b) progress on division of labourJoint Programming processes, with particular attention to joint programmingdivision of labour; c) evidence of reduced transaction costs through division of labour; and d) the mainstreaming of Joint Programming and division of labour in EU donors' strategic planning processes.
Amendment 1 #
2013/2040(INI)
Draft opinion
Paragraph 1
Paragraph 1
Amendment 3 #
2013/2040(INI)
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
Amendment 4 #
2013/2040(INI)
Draft opinion
Paragraph 1 b (new)
Paragraph 1 b (new)
1b. Asserts that, when implementing the specific clauses on the prohibition on coercion or compulsion in sexual and reproductive health matters agreed on at the Cairo International Conference on Population and Development, as well as the legally binding international human rights instruments, the EU acquis communautaire and the Union policy competencies in these matters, Union assistance should not be provided to any authority, organisation or programme which promotes, supports or participates in the management of any action which involves such human rights abuses as coercive abortion, forced sterilisation of women and men, determining foetal sex resulting in prenatal sex selection or infanticide;
Amendment 5 #
2013/2040(INI)
Draft opinion
Paragraph 1 c (new)
Paragraph 1 c (new)
1c. States that every child, regardless of sex, has the right to appropriate legal protection before as well as after birth1, survival and development, and reaffirms that female children have equal status under the UN Convention on the Rights of the Child; calls on EU delegations in developing countries to work with the governments of those countries to ensure that girl children enjoy their rights without discrimination found on their sex, inter alia by ending the unethical and discriminatory practices of prenatal sex selection, abortion of female foetuses, female infanticide, early forced marriage, female genital mutilation; __________________ 1 Declaration of the Rights of the Child, Adopted by UN General Assembly Resolution 1386 (XIV) of 10 December 1959.
Amendment 7 #
2013/2040(INI)
Draft opinion
Paragraph 1 d (new)
Paragraph 1 d (new)
1d. Reminds that the European Court of Justice held in judgment C-34/10 that any human ovum after fertilization constitutes a human embryo, and that an human embryo constitutes a precise stadium in the development of the human body;
Amendment 8 #
2013/2040(INI)
Draft opinion
Paragraph 2
Paragraph 2
2. UrgInvites the Commission, in this context, to maintain in its development priorities the removal of all barriers to allow access to quality, affordable, acceptable and accessible sexuprenatal and reproductivematernal health care services (SRHSs) and education, including voluntary family planning, safe abortion, and youth-friendly service, relational, affective and sexual education for boys and girls under the prior responsibility of their parents1, voluntary family planning including natural family planning methods, while combating gendersex based discrimination leading to sex-selective and involuntary abortions, forced sterilization and sexual violence, as well as ensuring the provision of SRH supplies,prenatal and maternal health care supplies, including HIV prevention, treatment, care and support, without discrimination; __________________ 1 "Parents have a prior right to choose the kind of education that shall be given to their children." Art 26.3 of UNGASS Resolution 217 A (III) of 10 December 1948 (Universal Declaration of Human Rights)
Amendment 31 #
2013/2040(INI)
Draft opinion
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Urges the Commission and the EEAS to fully respect the reservations on SHRH expressed by national governments in the concerned international treaties, conventions and programs;
Amendment 32 #
2013/2040(INI)
Draft opinion
Paragraph 5 b (new)
Paragraph 5 b (new)
5b. Further reaffirms the sovereign right of each country to implement the recommendations of the Cairo ICPD Programme of Action or other proposals in the present resolution, consistent with national laws and development priorities, with full respect for the various religious and ethical values and cultural backgrounds of its people, and in conformity with universally recognized international human rights;
Amendment 33 #
2013/2040(INI)
Draft opinion
Paragraph 5 c (new)
Paragraph 5 c (new)
5c. upholds the human right to conscientious objection as outlined in Art 18 of the Universal Declaration of Human Rights and Art 10 of the EU Charter of Fundamental Rights, highlights therefore that no person, hospital or institution shall be coerced, held liable or discriminated against in any manner because of a refusal to perform, accommodate, assist or submit to an abortion, the performance of a human miscarriage, or any act which could cause the death of a human foetus or embryo, for any reason; affirms the right of conscientious objection together with the responsibility of the state to ensure that patients are able to access lawful medical care in a timely manner in particular in cases of emergency;
Amendment 34 #
2013/2040(INI)
Draft opinion
Paragraph 5 d (new)
Paragraph 5 d (new)
5d. reminds § 8.25 of the Programme of Action of the International Conference on Population and Development stating: "In no case should abortion be promoted as a method of family planning. (...) Prevention of unwanted pregnancies must always be given the highest priority and every attempt should be made to eliminate the need for abortion. Women who have unwanted pregnancies should have ready access to reliable information and compassionate counselling. Any measures or changes related to abortion within the health system can only be determined at the national or local level according to the national legislative process."
Amendment 48 #
2013/2026(INI)
Motion for a resolution
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Notes that with title deeds to land, a person can borrow money at reasonable rates of interest, which can be used to establish and develop a business; emphasises that the protection of property rights can promote a competitive business environment where the entrepreneurial and innovative spirit can grow;
Amendment 71 #
2013/2026(INI)
Motion for a resolution
Paragraph 8
Paragraph 8
8. Notes that the limited proportion of land which is registered in Africa (10 %) is recorded via outdated erroneous systems; underlines the fact that, according to World Bank estimates4 , the 27 economies that modernised their registries in the past seven years cut the average time for transferring property ownership by half, thereby increasing transparency, reducing corruption and simplifying revenue collection; emphasises that a high priority of development policy should be to establish and improve Land Registries in developing countries; __________________ 4 2012b. Doing Business 2012: Doing Business in a More Transparent World. Washington, DC: World Bank.
Amendment 73 #
2013/2026(INI)
Motion for a resolution
Paragraph 10
Paragraph 10
10. Calls for the EU to strengthen the capacity of courts in developing countries to enforce property law effectively, to resolve land disputes and manage expropriations as part of a holistic approach aimed at consolidating judicial systems and the rule of law;
Amendment 84 #
2013/2026(INI)
Motion for a resolution
Paragraph 14 a (new)
Paragraph 14 a (new)
14a. Notes that along with improving property rights systems in developing countries, the EU must aim to ensure that people have access to social protection and insurance schemes in order to protect their livelihoods and protect their assets in the case of a disaster or shock;
Amendment 162 #
2013/0314(COD)
Proposal for a regulation
Recital 22
Recital 22
(22) Employees of the administrator may identify possible breaches of this Regulation or potential vulnerabilities that could lead to manipulation or attempted manipulation. This Regulation shouldall therefore ensure that adequate arrangements are in place, and, in particular, a whistleblowing procedure, to enable employees to alert administrators confidentially of possible breaches of this Regulation.
Amendment 189 #
2013/0314(COD)
Proposal for a regulation
Recital 35
Recital 35
(35) The administrator should be authorised and supervised by the competent authority of the Member State where that administrator is located. ESMA shall be empowered to supervise critical interbank benchmarks. However, when a critical benchmark administrator is located in a Member State where sufficient national regulation and supervision on benchmarks is applicable, ESMA may delegate its supervisory powers to the national competent authority of the Member State where the administrator is located.
Amendment 210 #
2013/0314(COD)
Proposal for a regulation
Article 2 – paragraph 2 a (new)
Article 2 – paragraph 2 a (new)
2 a. National Statistic Authorities of European Union Member States
Amendment 211 #
2013/0314(COD)
Proposal for a regulation
Article 2 – paragraph 2 b (new)
Article 2 – paragraph 2 b (new)
2 b. National Statistic Authorities of third countries
Amendment 230 #
2013/0314(COD)
Proposal for a regulation
Article 3 – paragraph 1 – point 2 a (new)
Article 3 – paragraph 1 – point 2 a (new)
Amendment 270 #
2013/0314(COD)
Proposal for a regulation
Article 3 – paragraph 1 – point 21 a (new)
Article 3 – paragraph 1 – point 21 a (new)
(21 a) 'major benchmark' means a benchmark that references financial instruments admitted to trading or traded on a Union trading venue, or other financial assets as defined in international accounting standards IAS 32, excluding physical and physically delivered commodities, having a large impact on retail markets, consumers and the potential to threaten market integrity, as provided in ESMA's draft regulatory standards under Article 3 paragraph 2 a
Amendment 285 #
2013/0314(COD)
Proposal for a regulation
Article 5 – paragraph 1 a (new)
Article 5 – paragraph 1 a (new)
1 a. Administrators of the following qualifying benchmark categories shall be subject to the requirements of this Regulation: (a) critical benchmarks; (b) major benchmarks as per ESMA's draft regulatory standards under Article 3 paragraph 2 (a); (c) benchmarks which the competent authority has investigated and concluded by way of a reasoned decision requires supervision due to its vulnerability; (d) substantial numbers of benchmarks which the competent authority or ESMA considers collectively have significant single market impact; ESMA shall provide guidelines for competent authorities concerning the application of the criteria in points (b) (c) and (d). Those guidelines shall include lists of exempted types of institutions which shall include identification of the corresponding governance controls.
Amendment 320 #
2013/0314(COD)
Proposal for a regulation
Article 8 – paragraph 3 a (new)
Article 8 – paragraph 3 a (new)
3 a. A comprehensive external process for reporting potential breaches shall be put in place, including breaches of the [Market Abuse Regulation or Directive] and a whistleblowing procedure for benchmarking, whereby whistleblowers may report directly to ESMA or the relevant Member State competent authority without fear of retaliation. This Regulation shall therefore ensure that adequate arrangements are in place to enable whistleblowers to alert ESMA or the relevant Member State competent authority to possible breaches of this Regulation and to protect them from retaliation.
Amendment 327 #
2013/0314(COD)
Proposal for a regulation
Article 9 – paragraph 2
Article 9 – paragraph 2
2. The code of conduct shall be signed by the administrator and the contributors and shall be legally binding on all parties to it insofar as it is practicable. The administrator shall demonstrate to the competent authority that a code of conduct is in place for its contributors and shall explain to the satisfaction of the competent authority circumstances where the contributors claim it is not practicable.
Amendment 331 #
2013/0314(COD)
Proposal for a regulation
Article 9 – paragraph 2 a (new)
Article 9 – paragraph 2 a (new)
2 a. The code of conduct shall be legally binding for submitters of critical benchmarks.
Amendment 378 #
Amendment 380 #
Amendment 386 #
2013/0314(COD)
Proposal for a regulation
Article 13 – paragraph 1 a (new)
Article 13 – paragraph 1 a (new)
1a. The Commission shall adopt a list of benchmarks located within the Union which are major benchmarks, in accordance with the definition of major benchmarks as per Article 3, paragraph 1, point 21 a (new). Those implementing acts shall be adopted in accordance with the examination procedure as provided for in Articles 37 and 38.
Amendment 391 #
2013/0314(COD)
Proposal for a regulation
Article 13 – paragraph 2
Article 13 – paragraph 2
2. Within 5 working days from the date of application of the decision including a criticalmajor benchmark in the list referred to in paragraph 1a of this Article, the administrator of that criticalmajor benchmark shall notify the code of conduct to the relevant competent authority. The relevant competent authority shall verify within 30 days whether the content of the code of conduct complies with the requirements of this Regulation. In case the relevant competent authority finds elements which do not comply with the requirements of this Regulation, it shall inform the administrator. The administrator shall adjustmend the code of conduct to ensure that it complies with the requirements of this Regulation within 30 days of such a request.
Amendment 392 #
2013/0314(COD)
Proposal for a regulation
Article 13 – paragraph 2 a (new)
Article 13 – paragraph 2 a (new)
Amendment 393 #
2013/0314(COD)
Proposal for a regulation
Article 14 – title
Article 14 – title
Mandatory contribution for critical benchmarks
Amendment 397 #
2013/0314(COD)
Proposal for a regulation
Article 14 – paragraph 1 – introductory part
Article 14 – paragraph 1 – introductory part
1. Where contributors, comprising at least 20% of the contributors to a critical benchmark have ceased contributing, or there are sufficient indications that at least 20% of the contributors are likely to cease contributing, in any year, as provided for in recital 35, ESMA or the competent authority, of the administrator of a critical benchmark shall have the power to:
Amendment 399 #
2013/0314(COD)
Proposal for a regulation
Article 14 – paragraph 2 – introductory part
Article 14 – paragraph 2 – introductory part
2. For a critical benchmark, the supervised entities that are required to contribute in accordance with paragraph 1 shall be determined by ESMA or the competent authority of the administrator on the basis of the following criteria:
Amendment 406 #
2013/0314(COD)
Proposal for a regulation
Article 14 – paragraph 4 – introductory part
Article 14 – paragraph 4 – introductory part
4. TESMA or the competent authority of the administrator shall review each measure adopted under paragraph 1 one year following its adoption. It shall revoke it if:
Amendment 414 #
2013/0314(COD)
Proposal for a regulation
Article 14 – paragraph 5
Article 14 – paragraph 5
5. The administrator shall notify ESMA or the relevant competent authority in the event that any contributors breach the requirements of paragraph 1 of this Article as soon as is technically possible.
Amendment 422 #
2013/0314(COD)
Proposal for a regulation
Article 16 – paragraph 1
Article 16 – paragraph 1
1. An administrator shall publish the input data used to determine the benchmark immediately after publication of the benchmark except where publication would have serious adverse consequences for the contributors or adversely affect the reliability or integrity of the benchmark. In such cases publication may be delayed for a period that significantly diminishes these consequences. Any personal data included in input data shall not be published.of a critical benchmark shall publish, in the public interest, the input data and methodology used to determine the benchmark immediately after publication of the benchmark
Amendment 430 #
2013/0314(COD)
Proposal for a regulation
Article 16 – paragraph 1 a (new)
Article 16 – paragraph 1 a (new)
Amendment 431 #
2013/0314(COD)
Proposal for a regulation
Article 16 – paragraph 1 b (new)
Article 16 – paragraph 1 b (new)
1b. Where a benchmark is neither a critical benchmark or a benchmark compiled from regulated data, ESMA’s draft regulatory standards shall determine whether the benchmark administrator must publish information relating to the input data and methodology, as provided in Article 16.2
Amendment 432 #
2013/0314(COD)
Proposal for a regulation
Article 16 – paragraph 1 c (new)
Article 16 – paragraph 1 c (new)
1c. Where publication would have serious adverse consequences for the contributors or adversely affect the reliability and integrity of the benchmark, ESMA or the competent authority shall make a determination on whether the administrators of these benchmarks shall be exempt from publishing the information.
Amendment 433 #
2013/0314(COD)
Proposal for a regulation
Article 16 – paragraph 2
Article 16 – paragraph 2
2. The Commission shall be empowered to adESMA shall developt delegated acts in accordance with Article 37raft regulatory technical standards concerning measures to further specify the information to be disclosed in accordance with paragraph 1, (b), which shall be proportionate considering the source of the data and the methodology used to compile the benchmarks. The measures shall take into account the means of publication as well as the circumstances when publication may be delayed and the means by which it shall be transmitted.
Amendment 453 #
2013/0314(COD)
Proposal for a regulation
Article 20 – paragraph 1 – introductory part
Article 20 – paragraph 1 – introductory part
1. Benchmarks provided by an administrator established in a third country may be used by supervised entities in the Union provided that the following conditions are complied with: . Where such benchmarks would have, by analogy, fallen within the qualifying benchmark categories referred to in Article 5 (1) (a) they may be used provided that the legal framework, supervisory practice, or rules of the producer or administrator of the benchmark in that third country comply with IOSCO principles for financial benchmarks or other international standards for benchmarks. The supervised entity shall notify its competent authority and ESMA of the actual or prospective benchmarks and of the basis on which it relies to demonstrate compliance with IOSCO or international standards for benchmarks. ESMA shall maintain a register of third countries and benchmark providers that it considers can be relied upon as a basis for compliance with international standards without further evidence. ESMA shall update that list using its own information and taking into account evidence submitted by supervised entities. In the event of a dispute between competent authorities of Member States concerning the use of a third-country benchmark by a supervised entity that has extensive cross- border use, ESMA may conduct binding mediation. Where the benchmarks of a third country administrator are used within the European Union, such third country administrator may be permitted by ESMA to make a public statement declaring compliance with IOSCO or international standards for benchmarks. This statement shall be capable of being subjected to legal remedy for those who rely on it, should it be false. By ...* [OJ please insert date: Six months before the date of application of this Regulation] ESMA shall produce a report on the implementation of IOSCO principles.
Amendment 490 #
2013/0314(COD)
Proposal for a regulation
Article 20 a (new)
Article 20 a (new)
Article 20 a By way of derogation from paragraph 2, and even if the criteria specified in accordance with paragraph 1 have not been fulfilled, the Commission may, for the period set out in paragraph 20 (b), decide that the legal framework and supervisory practice of a third country in which the administrator is established, is provisionally equivalent to that laid down in this regulation if the following criteria are met: (a) the legal framework or supervisory practice in the third country, in principle, allows for the cooperation and exchange of confidential supervisory information with ESMA and supervisory authorities as defined in this Regulation; (b) the third country has an independent system of financial market supervision; ESMA shall publish and keep up to date on its website a list of all third countries referred to in the first subparagraph.
Amendment 491 #
2013/0314(COD)
Proposal for a regulation
Article 20 b (new)
Article 20 b (new)
Article 20 b The initial period of the provisional equivalence referred to in paragraph 5 shall be 5 years from the date of publication in the Official Journal, unless before the expiry of that period: (a) that decision has been revoked; or (b) a decision in accordance with paragraph 2, that the legal framework and supervisory practice of that third country has been deemed to be equivalent to that laid down this regulation, has been taken.
Amendment 494 #
2013/0314(COD)
Proposal for a regulation
Article 22 – paragraph 2
Article 22 – paragraph 2
2. An authorised administrator shall comply at all times with the conditions for authorisation and shall notify the competent authority or in the case of critical benchmarks, ESMA, as provided for by Recital 35, of any material changes to the conditions for initial authorisation.
Amendment 498 #
2013/0314(COD)
Proposal for a regulation
Article 23 – paragraph 1
Article 23 – paragraph 1
1. The administrator shall submit an application for authorisation to the competent authority of the Member State in which the administrator is located. In the case of critical benchmarks, ESMA shall be the competent authority unless a Member State has sufficient national regulation and supervision of benchmarks and ESMA has delegated power to the competent authority of that Member State, as provided for by Recital 35.
Amendment 526 #
2013/0314(COD)
Proposal for a regulation
Article 29 – paragraph 1
Article 29 – paragraph 1
1. For critical benchmarks, the relevant competent authority shall be ESMA, unless power has been delegated to the national competent authority as provided for by Recital 35. For administrators and supervised contributors, each Member State shall designate the relevant competent authority responsible for carrying out the duties resulting from this Regulation and shall inform the Commission and ESMA thereof.
Amendment 546 #
2013/0314(COD)
Proposal for a regulation
Article 34 – paragraph 1
Article 34 – paragraph 1
1. As provided for by Recital 35, ESMA shall supervise critical benchmarks, unless it has delegated power to a competent authority. In such circumstances where ESMA has delegated the power to the competent authority, the following provisions shall apply: Within 30 working days from the entry into force of the decision referred to in Article 13(1) determining a benchmark as critical benchmark, the competent authority shall establish a college of competent authorities.
Amendment 615 #
2013/0314(COD)
Proposal for a regulation
Annex 1 – section 1 – part IV – point 20 a (new)
Annex 1 – section 1 – part IV – point 20 a (new)
20a. An administrator shall establish effective internal control mechanisms, in particular an effective whistleblowing mechanism as well as complaints procedure in order to facilitate early reporting of misconduct or manipulation;
Amendment 633 #
2013/0314(COD)
Proposal for a regulation
Annex 1 – section 5 – point 2 a (new)
Annex 1 – section 5 – point 2 a (new)
2a. A supervised contributor shall establish internal procedures to address the issue of non-compliance, including an effective whistleblowing policy.
Amendment 91 #
2013/0306(COD)
Proposal for a regulation
Recital 45
Recital 45
(45) In order to be able to absorb day-to- day fluctuations in the value of a CNAV MMF's assets and allow it to offer a constant NAV per unit or share, the CNAV MMF should have at all times a NAV buffer amounting to at least 3% of its assets. The NAV buffer should serve as an absorbing mechanism for maintaining the constant NAV. All differences between the constant NAV per unit or share and the NAV per unit ormitigate client redemptions in times of severe market stress, whereby investors are given the choice in investing in either VNAV or CNAV MMFs whilst ensuring CNAV MMF managers perform their fiduciary duty of treating all share should be neutralized by usingers equally, the CNAV buffer. During stressed market situations, when the differences can rapidly increase, a procedure should ensure that the whole chain of management is involved. This escalation procedure should permit the senior management to take rapid remedy acMMF shall have in place redemption gate and / or fee provisions to ensure "early redeemers" do not redeem in periods of extreme market conditions, leaving other investors unfairly exposed to the then prevailing market conditions.
Amendment 97 #
2013/0306(COD)
Proposal for a regulation
Recital 46
Recital 46
(46) As a CNAV MMF that does not maintain the NAV buffer at the required level is not capable of sustaining a constant NAV per which cannot meet the minimum amounit or share, it should be required to fluctuate the NAV andf weekly liquidity requirements shall cease to be a CNAV MMF. Therefore, where despite the use of the escalation procedure the amount ofredemption gate, the CNAV buffer remains for one month below theMMF has not been requpaired 3% by 10within 7 bausis pointness days, the CNAV MMF should automatically convert into a MMF that is not allowed to use amortised cost accounting or rounding to the nearest percentage point. If before the end of the one month allowed for the replenishmentvariable NAV MMF or be liquidated. If a liquidity fee is implemented it may remain in place at least until the MMF meets the minimum weekly liquidity requirements. If a competent authority has justifiable reasons demonstrating the incapacability of the CNAV MMF to replenish the buffer, it should have the power to convert the CNAV MMF into a MMF other than a CNAV MMF. The NAV buffer is the only vehicle through which external support to a CNAV MMF can be providedmeet certain conditions, such conditions to be determined by the competent authorities, it should have the power to request the MMF manager to either convert the CNAV MMF into a MMF other than a CNAV MMF or to liquidate the CNAV MMF.
Amendment 108 #
2013/0306(COD)
Proposal for a regulation
Recital 54
Recital 54
(54) It is essential to carry out a review of this Regulation in order to assess the appropriateness of exempting certain CNAV MMFs that concentrate their investment portfolios on debt issued by the Member States from the requirement to establish a capital buffer that amounts to at least 3 % of the total value of the CNAV MMF's assetthe proposals. Therefore, during the three years after the entry into force of this Regulation, the Commission should analyse the experience acquired in applying this Regulation and the impacts on the different economic aspects attached to the MMFs. The debt issued or guaranteed by the Member States represents a distinct category of investment displaying specific credit and liquidity traits. In addition, sovereign debt plays a vital role in financing the Member States. The Commission should evaluate the evolution of the market for sovereign debt issued or guaranteed by the Member States and the possibility to create a special framework for MMF that concentrate their investment policy on that type of debt.
Amendment 119 #
2013/0306(COD)
Proposal for a regulation
Article 2 – point 22 a (new)
Article 2 – point 22 a (new)
(22a) "gates" or "gating" means the ability of an MMF to impose restrictions on the right of shareholders or unitholders to redeem their shares or units in an MMF on any dealing day;
Amendment 120 #
2013/0306(COD)
Proposal for a regulation
Article 2 – point 22 b (new)
Article 2 – point 22 b (new)
(22b) "a liquidity fee" means a fee imposed by an MMF on shareholders or unitholders redeeming their shares or units in the MMF which is intended to ensure that costs associated with such redemptions are borne by the redeeming shareholders or unitholders;
Amendment 290 #
2013/0306(COD)
Proposal for a regulation
Article 25 – paragraph 2
Article 25 – paragraph 2
2. In addition, in the case of CNAV MMFs, the stress tests shall estimate for different scenarios the difference between the constant NAV per unit or share and the NAV per unit or share, including the impact of the difference on the NAV buffer.
Amendment 304 #
2013/0306(COD)
Proposal for a regulation
Article 29 – paragraph 1
Article 29 – paragraph 1
1. A CNAV MMF shall not use the amortised cost methohave redemption gate and / or fee provisions, to be determined by ESMA. The MMF board for valuation, or advertise a constant NAV per unit or share, or round the constant NAV per unit or share to the nearest percentage point or its equivalent whenmanagement company shall implement redemption gates and / or fees once a trigger is breached. The trigger to apply redemption gates and / or fees should be when the level of weekly liquidity falls below 10%. The redemption fee should be set to ensure that remaining shareholders do not suffer the liquidity costs of redeeming shareholders. If a gate is implemented and it has not repaired the CNAV MMF within 7 business days, the CNAV is published in a currency unit unless it has been explicitly authorised as a CNAV MMFMMF shall convert to a VNAV MMF or be liquidated. If a redemption fee is implemented, it may remain in place until the minimum weekly liquidity level is achieved. The MMF board or management company may implement a redemption gate and / or a fee before the trigger is met if it believes it is in the best interest of shareholders to do so.
Amendment 308 #
2013/0306(COD)
Proposal for a regulation
Article 29 – paragraph 2
Article 29 – paragraph 2
Amendment 332 #
Amendment 347 #
2013/0306(COD)
Proposal for a regulation
Article 31
Article 31
Amendment 350 #
2013/0306(COD)
Proposal for a regulation
Article 32
Article 32
Amendment 357 #
2013/0306(COD)
Proposal for a regulation
Article 33
Article 33
Amendment 362 #
2013/0306(COD)
Proposal for a regulation
Article 34
Article 34
Amendment 384 #
2013/0306(COD)
Proposal for a regulation
Article 37 – paragraph 5
Article 37 – paragraph 5
5. In addition to the information to be provided in accordance with paragraphs 1 to 4, a CNAV MMF shall explain clearly to investors and potential investors the use of the amortised cost method and/or of rounding. A CNAV MMF shall indicate the amount of its NAV buffer, the procedure to equalise the constant NAV per unit or share and the NAV per unit or share and shall state clearly the role of the buffer and the risks related to it. The CNAV MMF shall clearly indicate the modalities of replenishing the NAV buffer and the entity expected to fund the replenishment. It shall make available to investors all information concerning compliance with the conditions set out in Article 29(2)(a) to (g)procedure to apply liquidity fees and /or gates and the circumstances under which these will be triggered.
Amendment 422 #
2013/0306(COD)
Proposal for a regulation
Article 43 – paragraph 3
Article 43 – paragraph 3
Amendment 427 #
2013/0306(COD)
Proposal for a regulation
Article 43 – paragraph 4
Article 43 – paragraph 4
Amendment 431 #
2013/0306(COD)
Proposal for a regulation
Article 45 – paragraph 1 – introductory part
Article 45 – paragraph 1 – introductory part
By three years after the entry into force of this Regulation, the Commission shall review the adequacy of this Regulation from a prudential and economic point of view. In particular the review shall consider the operation of the CNAV buffer and the operation of the CNAV buffer to those CNAV MMFs that, in future, might concentrate their portfolios on debt issued or guaranteed by the Member States. The review shall:
Amendment 1 #
2012/2323(INI)
Draft opinion
Citation 1a (new)
Citation 1a (new)
1a. having regard to the European Parliament legislative resolution of 1 December 2011 on the joint text approved by the Conciliation Committee for a regulation of the European Parliament and of the Council amending Regulation (EC) No 1905/2006 establishing a financing instrument for development cooperation (PE-CONS 00059/2011 – C7- 0379/2011 – 2010/0059(COD));
Amendment 2 #
2012/2323(INI)
Draft opinion
Citation 1b (new)
Citation 1b (new)
1b. having regard to the European Parliament resolution of 8 June 2011 on establishing a financing instrument for development cooperation: lessons learned and perspectives for the future1; 1 P7_TA(2011)0261
Amendment 9 #
2012/2309(INI)
Motion for a resolution
Recital C a (new)
Recital C a (new)
Ca. Whereas the Treaty on European Union provides for a simpler procedure for Treaty amendment through an intergovernmental conference in certain circumstances,
Amendment 42 #
2012/2309(INI)
Proposal for a Decision establishing the composition of the European Parliament
Article 3 –introductory part
Article 3 –introductory part
Amendment 56 #
2012/2309(INI)
Proposal for a Decision establishing the composition of the European Parliament
Article 3 a (new)
Article 3 a (new)
Article 3a The above numbers do not represent a fair and logical redistribution of seats, as required by the Lisbon Treaty.
Amendment 24 #
2012/2289(INI)
Motion for a resolution
Recital B
Recital B
B. whereas global challenges remain – hunger and malnutrition, lack of access to quality health care for all, lack of proper and, safe sanitation and hygiene, insufficient levels of primary education, and gender inequalityquality, primary and secondary education, high unemployment – particularly youth unemployment, lack of social protection and gender inequality, environmental degradation and climate change;
Amendment 33 #
2012/2289(INI)
Motion for a resolution
Recital B a (new)
Recital B a (new)
B a. whereas the problem of malnutrition in developing countries kills an estimated 2.6 million children every year and owing to the effects of climate change the number of undernourished is expected to increase;
Amendment 97 #
Amendment 98 #
2012/2289(INI)
Motion for a resolution
Subheading 3 a (new)
Subheading 3 a (new)
Recognises that addressing child and maternal malnutrition requires long-term development strategies, focusing on sectors which influence malnutrition, such as health, education, water and sanitation, and agriculture;
Amendment 101 #
2012/2289(INI)
Motion for a resolution
Paragraph 7
Paragraph 7
7. Recalls that health, nutrition, and education are key drivers of poverty eradication and economic growth;
Amendment 525 #
2012/2151(INI)
Motion for a resolution
Recital CH
Recital CH
Amendment 764 #
2012/2151(INI)
Motion for a resolution
Annex – part 2 – point 2.3 – title
Annex – part 2 – point 2.3 – title
Recommendation 2.3: Enhanced Cooperation in the field of tTaxation
Amendment 767 #
2012/2151(INI)
Motion for a resolution
Annex – part 2 – point 2.3 – paragraph 1
Annex – part 2 – point 2.3 – paragraph 1
Amendment 119 #
2012/2115(INI)
Motion for a resolution
Paragraph 15
Paragraph 15
15. Recognises the important role money market funds (MMFs) fulfil in the financing of financial institutions in the short run and the real economy as well as in allowing for risk diversification; recognises the different role and structure of MMFs based in the EU and the US; recognises that the 2010 ESMA guidelines imposed stricter standards on MMFs (credit quality, maturity of underlying securities and better disclosure to investors); notes, however, that some MMFs, in particular those offering a stable net asset value to investors, are vulnerable to massive runs; stresses, therefore, that additional measures need to be taken to improve the resilience of these funds and to cover the liquidity risk; invites the Commission to submit a legislative proposal at the beginning of 2013 requiring MMFs either to adopt a variable asset value with a daily evaluation or, if retaining a constant value, to be subject to capital requirementsfollowing an impact assessment and the examination of developments on the international stage, particularly IOSCO's recommendations to the G20;
Amendment 125 #
2012/2115(INI)
Motion for a resolution
Paragraph 16
Paragraph 16
16. Recognises the benefits Exchange Traded Funds (ETFs) provide by giving retail investors access to a wider range of assets (such as commodities, in particular), but stresses the risks ETF carry in terms of complexity, counterparty risk, liquidity of products and possible regulatory arbitrage; invites the Commission, therefore, to submit a legislative proposal at the beginning of 2013 to tackle these potential structural vulnerabilities to examine further regulatory measures for ETFs in the EU;
Amendment 35 #
2012/2063(INI)
Motion for a resolution
Paragraph 3 a (new)
Paragraph 3 a (new)
3 a. Calls on the Member States and their national parliaments to promote PCD through a specific working programme with binding timetables, in order to improve the European PCD work programme; calls for the introduction of structured annual meetings between representatives of national parliaments of EU Member States and the European Parliament to ensure consistency in the spending of development aid;
Amendment 47 #
2012/2063(INI)
Motion for a resolution
Paragraph 7 a (new)
Paragraph 7 a (new)
7 a. Welcomes the Commission's proposal to deepen the cooperation with the European Parliament and national parliaments on Policy Coherence for Development by engaging in more exchanges with them on the subject and by accompanying them in acquiring specific analytical capacity to contribute to promoting PCD in the EU; proposes that these exchanges between national parliaments, the European Parliament and the Commission should come in the form of structured annual meetings which include clear objectives along with task monitoring activities with the goal of strengthening PCD in the EU;
Amendment 37 #
2012/2055(INI)
Motion for a resolution
Recital J
Recital J
J. whereas in order to be effective a basic bank account needs to be straightforward to open, even for those with non-standard proof of identity and to provide a specified range of core services, and there need to be measures in place for effective supervision and settlement of conflicts;
Amendment 42 #
2012/2055(INI)
Motion for a resolution
Recital K
Recital K
K. whereas as part of their corporate social responsibility strategies, banks should share responsibility with public authorities and civil society for the provision of access to basic banking serviceopening of basic bank accounts without cost;
Amendment 98 #
2012/2055(INI)
Proposal for a recommendation
Annex – recommendation 1 – paragraph 4
Annex – recommendation 1 – paragraph 4
Amendment 104 #
2012/2055(INI)
Proposal for a recommendation
Annex – recommendation 2 – paragraph 5
Annex – recommendation 2 – paragraph 5
5. The legislation should ensure that any consumer, that is to say any natural person who is acting for purposes other than his trade, business, craft or profession, legally resident in the Union has the right to open and use a basic bank account, in the country where he or she habitually resides, with a payment service provider operating in a Member State provided that the consumer does not already hold a current account or basic bank account meeting the requirements of Union legislation as specified in these Recommendations in the territory of that Member State. Proof of identity when opening a basic bank account is necessary.
Amendment 146 #
2012/2055(INI)
Proposal for a recommendation
Annex – recommendation 3 – paragraph 15
Annex – recommendation 3 – paragraph 15
15. Access toThe opening of a basic bank account should be free of charge.
Amendment 153 #
2012/2055(INI)
Proposal for a recommendation
Annex – recommendation 3 – paragraph 16
Annex – recommendation 3 – paragraph 16
16. Any default charges should be affordablewithin reason and at least as favourable as the provider’s usual pricing policy. The legislation should ensure that the consumer does not bear any fee or penalty arising from circumstances independent of his/her will, such as insufficient funds in his account due to late payment of wages or social benefits.
Amendment 166 #
2012/2055(INI)
Proposal for a recommendation
Annex – recommendation 3 – paragraph 17 – section A – subparagraph 1
Annex – recommendation 3 – paragraph 17 – section A – subparagraph 1
The consumer should be provided with non-discriminatory access to personal service, such as over-the-counter service in branches and to the use of automatic teller machines (ATMs), including other banks’ ATMs where technically possible. The provider should not charge anyminimal fees related to the execution of basic account management services.
Amendment 176 #
2012/2055(INI)
Proposal for a recommendation
Annex – recommendation 3 – paragraph 17 – section C
Annex – recommendation 3 – paragraph 17 – section C
Amendment 181 #
2012/2055(INI)
Proposal for a recommendation
Annex – recommendation 3 – paragraph 17 – section D
Annex – recommendation 3 – paragraph 17 – section D
Member States may require further functionalities to be included to the basic bank account. Payment service providers should be permitted to, at their own initiative, enlarge the range of functionalities, with the exception of providing an overdraft facility, such as a facility for savings or international money remittances. Access to a basic bank account should not be made conditional on the purchase of such additional services.
Amendment 199 #
2012/2055(INI)
Proposal for a recommendation
Annex – recommendation 4 – paragraph 21
Annex – recommendation 4 – paragraph 21
21. Providers should, after identifying consumers’ needs, recommend a basic bank account if it fits the needs expressed by the consumer. Consumers interested in opening a basic bank account should receive information in a durable medium setting out the services included, the fact that they are not tied to purchasing other products or services, and the cost, if any. The information should be understandable, standardised and as simple as possible and distributed in any Union language requested by the costumer. Staff should make sure that the consumer has understood what his rights and obligations are when contracting such an account.
Amendment 9 #
2012/2016(BUD)
Draft opinion
Paragraph 7 (new)
Paragraph 7 (new)
7. Underlines the importance of maintaining sufficient funding levels for the humanitarian aid budget lines as well as the Emergency Aid Reserve; insists that, bearing in mind the marked increase in the frequency, severity and scale of humanitarian crises and natural disasters witnessed over the last few years, the EU must be ready to quickly mobilise funding in response to such crises abroad;
Amendment 10 #
2012/2016(BUD)
Draft opinion
Paragraph 8 (new)
Paragraph 8 (new)
Amendment 4 #
2012/2002(INI)
Motion for a resolution
Citation 2 c (new)
Citation 2 c (new)
- having regard to the Joint Communication of 12 December 2011 entitled ‘Human Rights and Democracy at the Heart of EU External Action - towards a more effective approach’ (COM(2011) 886),
Amendment 14 #
2012/2002(INI)
Motion for a resolution
Recital D
Recital D
D. whereas the Commission communication states that respect for human rights and good governance continue to be preconditions for development, which does not exclude the possibility of finding the rhythm best suited to the circumstances of each countryand that the form and level of development cooperation will be designed to suit each partner country’s specific situation, including its ability to conduct reforms,
Amendment 30 #
2012/2002(INI)
Motion for a resolution
Paragraph 1
Paragraph 1
1. Considers that the Agenda for Change is innovative in that it focuses, inter alia, on harnessing budgetary resources, combining subsidies and loans and promoting the private sector; considers that the use of these mechanisms should contribute, principally, to lifting the inhabitants of developing countries out of extreme poverty and aid dependence;
Amendment 39 #
2012/2002(INI)
Motion for a resolution
Paragraph 2 b (new)
Paragraph 2 b (new)
2b. Considers that, from a financial, regulatory, administrative, and social point of view, the setting up of micro- businesses and SMEs in developing countries in order to boost entrepreneurship and development of the private sector, is essential to create favourable business environments in developing countries; considers that. the EU should focus on lifting excessive regulatory burdens from SMEs and micro-businesses, and in this context, should encourage and further strengthen access to micro-credit and micro- financing;
Amendment 41 #
2012/2002(INI)
Motion for a resolution
Paragraph 2 d (new)
Paragraph 2 d (new)
2d. Considers that effective land rights systems in developing countries are essential to the eradication of poverty and for creating a fair and inclusive society; to this end, one of the objectives of the Agenda for Change should be to ensure that secure land rights systems are in place in developing countries and that they are monitored accordingly;
Amendment 46 #
2012/2002(INI)
Motion for a resolution
Paragraph 4 b (new)
Paragraph 4 b (new)
4b. Invites representatives from national parliaments of EU Member States to have structured annual meetings with the European Parliament to ensure consistency in the spending of development aid and to strengthen Policy Coherence for Development;
Amendment 49 #
2012/2002(INI)
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Calls on the Commission and the EEAS to live up to their pledge of a ‘Human Rights based approach’ across the entire development cooperation process;
Amendment 55 #
2012/2002(INI)
Motion for a resolution
Paragraph 5 g (new)
Paragraph 5 g (new)
5g. Considers that addressing the issue of malnutrition is of critical importance as it continues to be a major health burden in developing countries; to this end, calls for specific investments in food, health and nutrition, recognising that improving the nutrition of mothers and children, particularly during the first 1,000 days from conception to a child’s second birthday, is key to eradicating poverty and achieving sustainable growth;
Amendment 88 #
2012/2002(INI)
Motion for a resolution
Paragraph 11 c (new)
Paragraph 11 c (new)
11c. Believes that maintaining high levels of funding for development education is crucial as it promotes necessary public awareness of development issues;
Amendment 103 #
2012/2002(INI)
Motion for a resolution
Paragraph 13
Paragraph 13
13. Recalls that an active and inclusive civil society is the best guarantee – in the countries of the North and of the South – of good democratic governance, private sector responsibility and an improved capacity to distribute the benefits of economic growth;
Amendment 112 #
2012/2002(INI)
Motion for a resolution
Paragraph 15
Paragraph 15
15. Demands that any support provided to the private sector in the form of ODA, whether as a gift or in combination with loans, come within the framework of the national plans and/or strategies of the partner countries, and that the amounts allocated be focused on the development of human resources, decent work, the sustainable management of natural resources and the development of high- quality inclusive public services for the benefit of the population;
Amendment 1 #
2011/2212(DEC)
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Urges the Commission to increase the level of information regarding the implementation of the EDF at national and regional level in the ACP countries and to ensure better visibility for all Union-funded activities overseas;
Amendment 6 #
2011/2212(DEC)
Draft opinion
Paragraph 9 (new)
Paragraph 9 (new)
9. Highlights the importance of EDF oversight by the Joint Parliamentary Assembly (JPA);
Amendment 59 #
2011/2156(INI)
Motion for a resolution
Paragraph 4
Paragraph 4
4. Observes that, despite unitary monetary policy, monetary conditions diverge considerably in the euro area; in countries experiencing turbulence, banks are tightening the availability of credit, with the opposite happening in other countries with a current account surplus; this asymmetry is likely to become even more pronounced if the ECB keeps increasing rates, given the prevalence of loans indexed to short-term interest rates in the former group of countries;
Amendment 65 #
2011/2156(INI)
Motion for a resolution
Paragraph 5
Paragraph 5
Amendment 84 #
2011/2156(INI)
Motion for a resolution
Paragraph 8
Paragraph 8
Amendment 116 #
2011/2156(INI)
Motion for a resolution
Paragraph 12
Paragraph 12
12. Restates with concern the overreliance of many euro area banks on the liquidity provided by the ECB, in the absence of a fully functional interbank market; nNotes with concern the collateral policies of the ECB as regards the amount and the quality of asset-backed securities provided to the Eurosystem as collateral, estimated at EUR 488 billion;
Amendment 160 #
2011/2156(INI)
Motion for a resolution
Paragraph 17
Paragraph 17
17. Stresses the need for a single European minister of Finance to be foreseen in the next EU Treaty change in order to coordinate a basic common fiscal policy that could enhance the effectiveness of the euro; believes that the democratic legitimacy of such a proposal must adequately be addressed; notes in this sense that in a monetary union, fiscal policy does not only concern the Member States and that the present crisis has shown the limits of 100% decentralised fiscal policies;
Amendment 180 #
2011/2156(INI)
Motion for a resolution
Paragraph 18
Paragraph 18
18. Stresses the need for a single European Treasury to relieve the ECB off its quasi- fiscal role; until that is the case, suggests confining more tasks to the European Stability Mechanism (ESM); regrets that, as it stands, the ESM will not operate under Community rules and did not acquire the right to purchase government bonds on the secondary market as this would have meant a relief for the ECB in the current circumstancbe foreseen in the next EU Treaty change to relieve the ECB of its quasi-fiscal role; regrets that, as it stands, the ESM will not operate under Community rules;
Amendment 214 #
2011/2156(INI)
Motion for a resolution
Paragraph 21
Paragraph 21
21. Reiterates its long-standing call for the summary of minutes of the meetings of the Governing Council to be made public; considers their non- publication as a sign of weakness of the monetary union, as if the public and necessary individual accountability in the decision-taking within the Governing Council should be interpreted as a confrontation between Member States;
Amendment 48 #
2011/2051(INI)
Draft opinion
Paragraph 7 (new)
Paragraph 7 (new)
7 (new). Recognises that reforms of the CAP have significantly reduced the impact of the EU's agricultural production on developing countries with export refunds all but eliminated; calls for the EU to recognise the importance of supporting the agricultural sectors of developing countries, namely by ensuring that agriculture is prioritised in developing countries and in the EU's overseas development aid budget;
Amendment 6 #
2011/2047(INI)
Motion for a resolution
Citation 12 a (new)
Citation 12 a (new)
– having regard to its resolution of 8 March 2011 on Tax and Development - Cooperating with Developing Countries on Promoting Good Governance in Tax Matters (2010/2102 (INI)),
Amendment 11 #
2011/2047(INI)
Motion for a resolution
Paragraph 1
Paragraph 1
1. Welcomes efforts to develop European Country Strategy documents in order to achieve better coordination between the Commission and the Member States; emphasises that the programming process must ensure that the aid effectiveness agenda is implemented, and that Parliament’s right to exercise democratic scrutiny as defined by the Lisbon Treaty in article 290 is respected;
Amendment 12 #
2011/2047(INI)
Motion for a resolution
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Reiterates its call for incorporation of the EDF into the EU budget as an important step for better coordination between different EU aid instruments; insists that this may not lead to a reduction in the financing of either the future development cooperation instrument or the EDF (as compared to their present levels);
Amendment 14 #
2011/2047(INI)
Motion for a resolution
Paragraph 1 c (new)
Paragraph 1 c (new)
1c. Calls on the Commission and Member States to play a leading role in the Busan High Level Forum on Aid Effectiveness 2011, as well as ensure that this decisive process adheres to the previously outlined objectives with regard to the aid effectiveness framework towards 2015;
Amendment 15 #
2011/2047(INI)
Motion for a resolution
Paragraph 1 d (new)
Paragraph 1 d (new)
1d. Welcomes renewed efforts by the Commission to monitor and report on the impact and results of EU development assistance; stresses that the Commission’s approach must take into account the principles of the Paris Declaration on Aid Effectiveness and the Accra Agenda for Action;
Amendment 17 #
2011/2047(INI)
Motion for a resolution
Paragraph 1 f (new)
Paragraph 1 f (new)
1f. Believes that the MDG contracts provide a positive model for predictable and results based aid, which should be further developed by the Commission and Member States;
Amendment 19 #
2011/2047(INI)
Motion for a resolution
Paragraph 1 h (new)
Paragraph 1 h (new)
1h. Supports the Commission proposals to enhance the promotion of good governance and the fight against corruption in beneficiary countries; stresses, however, that mechanisms using aid as an incentive for political reforms must be transparent, put particular emphasis on democracy and human rights and engage national development stakeholders;
Amendment 31 #
2011/2047(INI)
Motion for a resolution
Paragraph 3
Paragraph 3
3. Insists that although needs must remain a crucial criterion for the allocation of EU development aid; aid effectiveness must be improved by focusing on tangible results; calls on the Commission and the Member States to focus the disbursement of Official Development Assistance (ODA) on the poorest countries, and on reaching the poorest layers of society; while taking into consideration achieved results and impact of aid;
Amendment 48 #
2011/2047(INI)
Motion for a resolution
Paragraph 5 c (new)
Paragraph 5 c (new)
5c. Believes that in order to guarantee high impact the EU development policy should have an incentive-based approach, based on more differentiation by rewarding those countries who are performing well and supporting those who are most off track;
Amendment 63 #
2011/2047(INI)
Motion for a resolution
Paragraph 7
Paragraph 7
7. Takes the view that the added value of the Commission’s development aid and the approaching MDG’s deadline justifies a significant increase in real terms in the budget earmarked for development aidannual figures for ODA in the next MFF (Multiannual Financial Framework) period; stresses that the share of overall European aid channelled through the EU budget should not be reduced;
Amendment 65 #
2011/2047(INI)
Motion for a resolution
Paragraph 7 a (new)
Paragraph 7 a (new)
7a. Recalls that aid under the future EU instruments for development cooperation must continue to be linked to the ODA criteria established by the OECD Development Assistance Committee;
Amendment 71 #
2011/2047(INI)
Motion for a resolution
Paragraph 9
Paragraph 9
9. Acknowledges that economic growth can beis an important driver of development; stresses, however, that the impact of growth on poverty eradication will be much higher if inequality is reduced; insists, therefore, that EU development assistance must be geared towards pro-poor growth through the adoption of measures which specifically focus on the poor and the marginalized in order to foster an increase in their share of national wealth and allow them to become a driving force for growth;
Amendment 88 #
2011/2047(INI)
Motion for a resolution
Paragraph 11 a (new)
Paragraph 11 a (new)
11a. Points out that industrial development has tremendous transformative potential for national economies and, unlike agricultural exports or natural resources extraction, which expose economies to shocks, is likely to offer enhanced scope for long- term productivity growth; therefore calls on developing countries to address this issue by designing and implementing industrialisation policies with a specific focus on manufacturing specialisation and trade-capacity building;
Amendment 94 #
2011/2047(INI)
Motion for a resolution
Paragraph 12 b (new)
Paragraph 12 b (new)
12b. Stresses that investment projects supported by EU mechanisms for blending grants and loans must be subject to monitoring of their implementation and impact studies of internationally agreed social and environmental standards; insists that the decision-making process on the selection of projects must be transparent and ensure coherence with EU strategy papers, the principle of country ownership and the EU’s commitment to untie its aid;
Amendment 95 #
2011/2047(INI)
Motion for a resolution
Paragraph 12 c (new)
Paragraph 12 c (new)
12c. Insists that blending should generate new funds, rather than lead to a replacement of grants in EU’s ODA by loans;
Amendment 97 #
2011/2047(INI)
Motion for a resolution
Paragraph 12 e (new)
Paragraph 12 e (new)
12e. Underlines that promoting gender equality will help to unlock the productivity of women and thus contribute to sustainable and pro-poor growth;
Amendment 99 #
2011/2047(INI)
Motion for a resolution
Paragraph 13
Paragraph 13
13. Emphasises that the provision of basic social services is crucial to pro-poor growth; calls for 20% of all EU assistance to be earmarked for basic social services, as defined by the OECDUnited Nations in the Millennium Development Goals (indicator 8.2 for goal 8:’Develop a global partnership for development), with a special focus on free access to primary health care and basic and secondary education;
Amendment 129 #
2011/2047(INI)
Motion for a resolution
Paragraph 17 a (new)
Paragraph 17 a (new)
17a. Is convinced that investment has a positive impact on growth and jobs, not only in the EU but also in developing countries; stresses in this respect the need for enhanced cooperation in order to help developing countries improve their institutional and regulatory capacity to manage foreign investments;
Amendment 132 #
2011/2047(INI)
Motion for a resolution
Paragraph 17 d (new)
Paragraph 17 d (new)
17d. Calls on the EU to meet its Aid for Trade Strategy commitments on development assistance specifically targeted at projects designed to help developing countries develop their trade- related skills, increase goods to market and ultimately compete in regional and global markets;
Amendment 181 #
2011/2047(INI)
Motion for a resolution
Paragraph 23 d (new)
Paragraph 23 d (new)
23d. Points out that it is necessary to introduce better agricultural production methods, including low-cost technologies, provide research in agriculture, and strengthen the productivity - efficiency ratio in developing countries in order to enhance the sustainability;
Amendment 182 #
2011/2047(INI)
Motion for a resolution
Paragraph 23 e (new)
Paragraph 23 e (new)
23e. Calls on EU and developing countries to promote land ownership as a tool for reducing poverty, by strengthening property rights and facilitating access to credit for farmers, small businesses and local communities;
Amendment 186 #
2011/2047(INI)
Motion for a resolution
Paragraph 23 i (new)
Paragraph 23 i (new)
23i. Underlines that the EU’s Fisheries Partnership Agreements (FPAs) should help to consolidate the fisheries policies of partner countries, and strengthen their capacity to guarantee sustainable fishing in their own waters and local employment in the sector;
Amendment 13 #
2011/2032(INI)
Draft opinion
Paragraph 3 – subparagraph 1 (new)
Paragraph 3 – subparagraph 1 (new)
Insists on strict eligibility criteria for budget support; insists that the Commission must refrain from using this modality in countries where transparency in public spending cannot be assured, and insists that budget support must always be accompanied by actions to develop the receiving country’s parliamentary control and audit capacities and to increase transparency and public access to information, and that civil society should be involved in its monitoring,
Amendment 2 #
2011/2020(BUD)
Draft opinion
Paragraph 5
Paragraph 5
5. Supports the creation of a European tax on financial transactions at the global level to fund global public goods, including poverty eradication, and stresses that innovative financing should be additional to, and not as a substitute for, existing development aid;
Amendment 2 #
2011/2019(BUD)
Draft opinion
Paragraph 1
Paragraph 1
1. Points up the fact that, without additional sources of funding,Notes the challenges of the global economic and financial crisis, the global food crisis, climate change and the special needs of fragile states and states in transition; calls in this regard for additional and innovative sources of financing to ensure theat Member States will be unableare best positioned to honour the commitments entered into in connection withmade in regard to the Millennium Development Goals; advocates establishing a European tax on financial transactions with a view to funding global public goodsurges furthermore that the possibility of a global tax on financial transactions to assist the achievement of the MDGs by 2015 be explored;
Amendment 8 #
2011/2019(BUD)
Draft opinion
Paragraph 4
Paragraph 4
4. Considers that the emergAgrees that a differentiated approach to the diverse group of developing economies - India, China and Brazil - should no longer beuntries is needed, and that traditional financial aid may become less relievant on official development assistance, given that poverty for emerging countries; considers that aid for emerging countries, while promoting sustainable economic growth, should still focus on reinforcing those countries can be combated with own resources generated by high-growth economiese partner country's fiscal policy and promoting mobilisation of domestic revenue which should lead to the reduction of poverty and of aid dependency;
Amendment 14 #
2011/2019(BUD)
Draft opinion
Paragraph 5
Paragraph 5
5. Calls on the Commission to concentrate development aid on the poorest countries and on the least favoured sections of their populations;least developed countries but stresses the need to assist all countries to the achievement of the MDGs by 2015, in this regard, asks that a system based on rewards and incentives be put in place so that developing countries are actively encouraged to meet MDG targets
Amendment 19 #
2011/2019(BUD)
Draft opinion
Paragraph 7
Paragraph 7
7. Takes the view that, owing to the efforts ofNotes that the efforts of actors funded through the Global Fund to Fight AIDSids, Tuberculosis and Malaria, has led to substantial progress has been made in combating these evils; regards the amount allocated to the Global Fund for this purpose as insufficient, howeverand rapid results and commends the Fund on what has been achieved thus far, emphasises that continued support to these actors is essential to counteract and eliminate the spread of AIDS, Tuberculosis and Malaria; however, is highly concerned about the misappropriation of funds from the Global Fund and considers that it is of critical importance that concrete measures are taken against future fraud, stresses that the misuse of funds and corruption are totally unacceptable;
Amendment 22 #
2011/2019(BUD)
Draft opinion
Paragraph 7 a (new)
Paragraph 7 a (new)
7a. Stresses the importance of zinc for the treatment and prevention of diarrhoea and malnutrition in order to improve the survival, growth and brain development of young children; urges the EU and the Member States to allocate the necessary funds to provide zinc supplementation in developing countries which could save the lives of 450,000 children under the age of five every year;
Amendment 23 #
2011/2019(BUD)
Draft opinion
Paragraph 8
Paragraph 8
8. Urges that funding for mechanisms to improve access to financial services in developing countries be continued and stepped up; calls on the EU and developing countries to strengthen property rights and to facilitate access to credit and loans for small businesses, farmers and local communities;
Amendment 233 #
2011/0406(COD)
Proposal for a regulation
Recital 6 b (new)
Recital 6 b (new)
(6 b) The Union's action in the field of development cooperation under this Regulation should have an impact reflected in concrete changes in partner countries. As a general rule, that impact should be monitored and assessed on the basis of pre-defined, clear, transparent and measurable indicators, including outputs and outcomes.
Amendment 246 #
2011/0406(COD)
Proposal for a regulation
Recital 12
Recital 12
(12) This Regulation should provide an enabling framework for programming, allowing enhanced consistency between Union policies by using a joint framework document as a basis for programmingallow for enhanced consistency between Union policies while respecting the overall requirement of Policy Coherence for Development. It should enable full alignment with partner countries and regions by relyusing, where appropriate, onpossible, national development plans or similar comprehensive development documents as the basis for the programming of the Union's action; and pursue a better coordination amongst donors, in particular between the Union and its Member States, through joint programming. It should enable structured annual meetings between representatives of national parliaments of Member States and the European Parliament to ensure consistency in the spending of development aid.
Amendment 303 #
2011/0406(COD)
Proposal for a regulation
Article 3 – paragraph 8 – point e a (new)
Article 3 – paragraph 8 – point e a (new)
(e a) the delivery of measurable outputs and outcomes at regular intervals to demonstrate the impact of development aid.
Amendment 317 #
2011/0406(COD)
Proposal for a regulation
Article 7 – paragraph 1
Article 7 – paragraph 1
1. The objective of Union assistance under the programme ‘Global public goods and challenges’ shall be to support actions in areas such as thefrom among the following subthemes: environment and climate change, sustainable energy, human development, food and nutrition security, and migration and asylum.
Amendment 343 #
2011/0406(COD)
Proposal for a regulation
Article 12 – paragraph 1 – subparagraph 3
Article 12 – paragraph 1 – subparagraph 3
Where partner countries or groups of partner countrieregions are directly involved in, or affected by, a crisis, post-crisis or fragility situation, special emphasis shall be placed on stepping up coordination between relief, rehabilitation and development to help them makeamongst all relevant actors to help the transition from an emergency situation to the development phase. Programmes for countries and regions in fragility or regularly subject to natural disasters shall provide for disaster preparedness and, prevention and for managing the consequences of such disasterresponse. Reducing risk and building resilience of communities are effective measures to prevent natural hazards from turning into disasters. Disaster risk reduction measures protect people, people's livelihoods, social equity and economic growth, as well as crucial infrastructure such as schools, hospitals and airports from disasters. A disaster risk management approach shall therefore be an integral part of development planning and programmes.
Amendment 385 #
2011/0406(COD)
Proposal for a regulation
Annex IV – Chapter A – paragraph II – point a
Annex IV – Chapter A – paragraph II – point a
(a) Social protection, health, education and jobs; Health, education, employment and social protection; - supporting sector reforms that increase access to basic social services, in particular quality health and education services, with a central focus on access to such services by the poor, marginalised and vulnerable groups, - strengthening local capacities to respond to global challenges, including through using sectoral budget support with intensified policy dialogue, - strengthening health systems, addressing the human resource crisis of health providers, fair financing for health and making medicines more affordable for the poor, - supporting the full implementation of strategies to promote sexual and reproductive health, and strategies to reduce child and maternal mortality, - ensuring an adequate supply of sufficient and affordable good quality drinking water, adequate sanitation and hygiene, - enhancing support for and equal access to quality education; supporting vocational training for employability and capacity to carry out and use the results of research in favour of sustainable development, - supporting national social protection schemes and floors, including social insurance systems, which contribute to reducing inequalities, preventing social exclusion and combating discrimination against all groups, while paying particular attention to gender issues, the rights of indigenous peoples, children and the condition of disabled people, - supporting the decent work agenda, and promoting social dialogue, - ensuring implementation of insurance schemes, accessible primarily to those living in poverty, which would require the Union to work with insurance providers to provide greater economic security, to provide people living in poverty with better ways of protecting their livelihoods, to protect against major health difficulties and to provide prospects of pensions in old age, - creating the conditions for a strong market for health and pension insurance by collaborating with insurance providers and government agencies to subsidise insurance premiums for those living in poverty.
Amendment 391 #
2011/0406(COD)
Proposal for a regulation
Annex IV – Chapter A – paragraph II – point b
Annex IV – Chapter A – paragraph II – point b
(b) Business environment, regional integration and world markets; and - supporting the development of a competitive local private sector, including by building local institutional and business capacity, promoting SMEs, microenterprises and cooperatives, - supporting legislative and regulatory framework reforms and their enforcement, including for the use of modern means of communication, facilitating access to business and financial services, such as micro-credit and micro-finance, and reducing excessive regulatory burden; supporting the enforcement of internationally agreed labour rights, promoting corporate social responsibility and social dialogue, - promoting a competitive business environment where the entrepreneurial and innovative spirit is free to flourish, - establishing and improving laws and land registries to protect land property rights and intellectual property and establishing title deeds which would enable borrowing money at reasonable rates of interest, which can be used to establish and develop a business, - promoting agricultural, industrial and innovation policies which contribute to sustainable and inclusive development in favour of the poorest regions and sectors of the society; foster cooperation in the area of science, research and technology, in particular for development-related research, - promoting investments that generate employment and support human resources development; improving infrastructure with full respect for social and environmental standards; supporting national, regional and local public authorities and parliaments to enable them to regulate markets effectively, - engaging with the private sector, including through blending facilities, with a focus on financing for domestic companies and leveraging of domestic capitals, in particular at SME level, in order to enhance socially responsible and sustainable development and the development of high-quality inclusive public services for the benefit of the population, - assisting developing countries in trade and regional and continental integration efforts, and providing assistance for their smooth and gradual integration into the world economy, and linking trade and poverty reduction or equivalent strategies; supporting partners' policies in areas such as markets, infrastructure and cross- border cooperation regarding access by the poor to water, sustainable energy and human security with a view to supporting social justice and pro-poor growth, - promoting a sustainable transport sectoral approach, ensuring transport safety, affordability, efficiency, and minimising negative effects on the environment, - supporting more generalized access to information and communication technologies to bridge the digital divide.
Amendment 397 #
2011/0406(COD)
Proposal for a regulation
Annex IV – Chapter A – paragraph II – point c
Annex IV – Chapter A – paragraph II – point c
(c) Sustainable agriculture and energy. , food security and sustainable energy; - helping insulate developing countries from shocks (such as scarcity of resources and supply, price volatility) and tackling inequalities, by giving poor people better access to land, food, water, energy and finance without harming the environment, - supporting sustainable agricultural practices and relevant agricultural research, including the safeguarding of ecosystem services, giving priority to locally-developed practices and focusing on smallholder agriculture and rural livelihoods, formation of producer groups, the supply and marketing chain, and supporting women in agriculture, - encouraging government efforts to facilitate responsible private investment, as well as to adopt responsible rules on large-scale land acquisitions, - supporting strategic approaches to food security, with a focus on food availability, access (including markets, safety nets and gender awareness), nutrition, with a focus on combating malnutrition in the early ages, and stability, - addressing food insecurity in situations of transition and fragility, by supporting interventions to protect, maintain and recover productive and social assets vital for food security, to facilitate economic integration and longer-term rehabilitation, - establishing a dedicated trust fund to address the problem of malnutrition in developing countries through a set of basic interventions which could prevent the vast majority of cases of malnutrition, especially in the critical 1,000-day window between conception and age 2. These include encouraging breastfeeding to avoid contaminated water, proper introduction of varied foods for infants, fortification of basic staples and vitamin supplementation, - promoting cooperation with developing countries in the area of science, research, technology and innovation in such areas as health, food security, marine and maritime research, renewable energies and the fight against and adaptation to climate change in order to boost competitiveness and industrialisation of developing countries, - supporting country-led, participatory, decentralised and environmentally sustainable territorial development, aimed at involving beneficiaries in the identification of investments, - improving access to modern, affordable, sustainable, efficient, clean (including renewable) energy services, with a priority for local and regional sustainable energy solutions, and decentralised energy production, so as to bring development priorities in line with environmental concerns.
Amendment 429 #
2011/0406(COD)
Proposal for a regulation
Annex V – Chapter A – paragraph 1 – point d a (new)
Annex V – Chapter A – paragraph 1 – point d a (new)
(d a) Integrating both disaster risk management and climate change adaptation into development planning and investment, and promoting the implementation of strategies which aim to reduce disaster risk such as protecting ecosystems and restoring wetlands.
Amendment 431 #
2011/0406(COD)
Proposal for a regulation
Annex V – Chapter A – paragraph 2 – point a
Annex V – Chapter A – paragraph 2 – point a
(a) promoting access to secure, affordable, clean and sustainable energy services as a key driver for women's empowerment, poverty eradication and inclusive growth, with a special emphasis on the use of local energy sources and of ensuring access for poor people and remote regions;
Amendment 439 #
2011/0406(COD)
Proposal for a regulation
Annex V – Chapter A – paragraph 3 – point a
Annex V – Chapter A – paragraph 3 – point a
Promoting actions aiming at creating more and better jobs, in areas such asby developing the competitiveness and resilience of local MSMEs and their integration into the local, regional and global economy, assisting developing countries to integrate into the multilateral trading system, developing the local private sector and improving the business environment, supporting the definition and implementation of industrial innovation and technology policies and of trade policies and agreements, supporting regional integration efforts, promoting investment relations between the EU and partner countries and regions and leveraging private and public investment and cooperation - including by local SMEs - through innovative financial instruments. Promoting the green economy, resource efficiency and sustainable consumption and production processes. Promoting the use of electronic communications as a tool to support pro-poor growth across all sectors in order to bridge the digital divide, to achieve a between adequate policy and regulatory framework in this area and promoting the development of necessary infrastructure and the use of services and applications based on ICTveloping and industrialised countries and inside developing countries; promoting women's leadership and create economic opportunities for women.
Amendment 446 #
2011/0406(COD)
Proposal for a regulation
Annex V – Chapter A – paragraph 3 – point b – point iii a (new)
Annex V – Chapter A – paragraph 3 – point b – point iii a (new)
(iii a) setting up insurance schemes for those living in poverty through which the Union would work with insurance providers and government agencies to subsidise premiums for health and pension insurance products.
Amendment 454 #
2011/0406(COD)
Proposal for a regulation
Annex V – Chapter A – paragraph 3 – point c – point ii a (new)
Annex V – Chapter A – paragraph 3 – point c – point ii a (new)
(ii a) helping to eradicate sex-selective practices such as gendercide which favour males over females at birth and which have led to gender imbalances in many countries, highlighting gendercide as a practice that is a harmful form of sexual discrimination that devalues women.
Amendment 464 #
2011/0406(COD)
Proposal for a regulation
Annex V – Chapter A – paragraph 3 – point d – point iii
Annex V – Chapter A – paragraph 3 – point d – point iii
(iii) supporting specific initiatives especially at regional and global level, which strengthen health systems and help countries develop and implement sound, evidence-based national health policies, and in priority areas (e.g., maternal health and sexual and reproductive health and rights, access to family planning; global public goods and response to global health threats).
Amendment 466 #
2011/0406(COD)
Proposal for a regulation
Annex V – Chapter A – paragraph 3 – point e – point iii
Annex V – Chapter A – paragraph 3 – point e – point iii
(iii) improving equal access and quality of education, including for vulnerable groups, migrants, women and girls, and countries furthest from achieving global targets and improving the completion of basic education and the transition to lower secondary education.
Amendment 475 #
2011/0406(COD)
Proposal for a regulation
Annex V – Chapter A – paragraph 4 – point c
Annex V – Chapter A – paragraph 4 – point c
(c) strengthening food and nutrition security through adequate policies, including the protection of biodiversity and ecosystem services, climate adaptation policies, information systems, crisis prevention and management, and nutrition strategies directed to vulnerable populations which mobilise the necessary resources to deliver basic interventions that could prevent the vast majority of cases of malnutrition;
Amendment 195 #
2011/0359(COD)
Proposal for a regulation
Article 10 – paragraph 2 – point f a (new)
Article 10 – paragraph 2 – point f a (new)
Amendment 321 #
2011/0359(COD)
Proposal for a regulation
Article 22 – paragraph 2 – point t
Article 22 – paragraph 2 – point t
(t) give an opinion which shall state clearly the opinion of the statutory auditor(s) or the audit firm(s) as to whether the annual or consolidated financial statements give a true and fair view and have been prepared in accordance with the relevant financial reporting framework and, where appropriate, whether the annual or consolidated financial statements comply with statutory requirements; in accordance with International Standards on Auditing the audit opinion shall be either unqualified, qualified, an adverse opinion or, if the statutory auditor(s) or audit firm(s) are unable to express an audit opinion, a disclaimer of opinion. In case of a qualified or an adverse opinion or a disclaimer of opinion, the report shall explain the reasons of such decision;
Amendment 322 #
2011/0359(COD)
Proposal for a regulation
Article 22 – paragraph 2 – point u
Article 22 – paragraph 2 – point u
(u) refer in accordance with International Standards on Auditing to any matters to which the statutory auditor(s) or the audit firm(s) draw attention by way of emphasis without qualifying the audit opinion;
Amendment 323 #
2011/0359(COD)
Proposal for a regulation
Article 22 – paragraph 2 – point v
Article 22 – paragraph 2 – point v
(v) give an opinion in accordance with International Standards on Auditing concerning the consistency or otherwise of the annual report with the annual financial statements for the same fiscal year;
Amendment 328 #
2011/0359(COD)
Proposal for a regulation
Article 22 – paragraph 3
Article 22 – paragraph 3
3. When more than one statutory auditor or audit firm have been appointed to carry out the statutory audit of the public-interest entity, they shall agree on the results of the statutory audit and submit a joint report and opinion. In case of disagreement, each statutory auditor or audit firm shall submit his, her or its opinion separately. If one statutory auditor or audit firm qualifies his, her or its opinion, submits an adverse opinion or a disclaimer of opinion, the overall opinion shall be considered as qualified, adverse opinion or a disclaimer of opinion, in accordance with International Standards on Auditing. In a separate paragraph each statutory auditor or audit firm shall state the reasons of disagreement.
Amendment 330 #
2011/0359(COD)
Proposal for a regulation
Article 22 – paragraph 4
Article 22 – paragraph 4
4. The audit report shall not be longer than four pages or 10000 characters (without spaces). It shall not contain any cross- references to the additional report to the audit committee referred to in Article 23, and shall be in clear and unambiguous language.
Amendment 366 #
2011/0359(COD)
Proposal for a regulation
Article 31 – paragraph 1 – subparagraph 3
Article 31 – paragraph 1 – subparagraph 3
A majority of the members of the audit committee shall be independent. The chairmaperson of the audit committee shall be appointed by its members and shall be independentelected annually by the general meeting of shareholders of the audited entity and shall be independent. The chairperson shall report directly to the shareholders.
Amendment 49 #
2011/0308(COD)
Proposal for a directive
Article 3 – paragraph 1 – introductory part
Article 3 – paragraph 1 – introductory part
1. Small undertakings shall be undertakings which on their balance sheet dates do not exceed the limits of twoone of the threewo following criteria:
Amendment 50 #
2011/0308(COD)
Proposal for a directive
Article 3 – paragraph 1 – point a
Article 3 – paragraph 1 – point a
(a) balance sheet total: EUR 5 04 500 000;
Amendment 51 #
2011/0308(COD)
Proposal for a directive
Article 3 – paragraph 1 – point b
Article 3 – paragraph 1 – point b
(b) net turnover: EUR 109 000 000;
Amendment 52 #
2011/0308(COD)
Proposal for a directive
Article 3 – paragraph 1 – point c
Article 3 – paragraph 1 – point c
Amendment 80 #
2011/0308(COD)
Proposal for a directive
Article 36 – paragraph 1 – point 3
Article 36 – paragraph 1 – point 3
3. ‘Government’ means any international administration or any national, regional or local authority of a Member State or of a third country. It includes a department, agency or undertaking controlled by that authority as laid down in Article 23 (1) to (6) of this Directive.
Amendment 85 #
2011/0308(COD)
Proposal for a directive
Article 36 – paragraph 1 – point 4
Article 36 – paragraph 1 – point 4
4. ‘Project’ is equivalent to a specific operational reporting unit at the lowest level within the undertaking at which regular internal management reports are prepared to monitor its businessshould be based on the contract, licence, lease, concession or other legal agreement which gives rise to a company’s tax and revenue liabilities at each level of government.
Amendment 92 #
2011/0308(COD)
Proposal for a directive
Article 37 – paragraph 1
Article 37 – paragraph 1
1. Member States shall require large and medium undertakings and all public interest entities active in the extractive industry or the logging of primary forests to prepare and make public a report on payments made to governments on an annual basis.
Amendment 185 #
2011/0308(COD)
Proposal for a directive
Article 41 a (new)
Article 41 a (new)
Amendment 46 #
2011/0298(COD)
Proposal for a directive
Recital 4
Recital 4
(4) The financial crisis has exposed weaknesses in the functioning and in the transparency of financial markets. The evolution of financial markets have exposed the need to strengthen the framework for the regulation of markets in financial instruments in order to increase transparency, better protect investors, reinforce confidence, reduce unregulated areas, ensure that supervisors are granted adequate powers to fulfil their tasks. As commodity derivative markets have an effect on global food prices, strengthening the regulatory framework is also necessary in order to ensure Policy Coherence for Development as enshrined in Article 208 TFEU.
Amendment 254 #
2011/0298(COD)
Proposal for a directive
Recital 39
Recital 39
(39) In order to have an effective oversight and control over the activities of investment firms, the management body should be responsible and accountable for the overall strategy of the investment firm, taking into account the investment firm's business and risk profile. The management body should assume clear responsibilities across the business cycle of the investment firm, in the areas of the identification and definition of the strategic objectives of the firm, of the approval of its internal organization, including criteria for selection and training of personnel, of the definition of the overall policies governing the provision of services and activities, including the remuneration of sales staff and the approval of new products for distribution to clients. Periodic monitoring and assessment of the strategic objectives of investment firms, their internal organization and their policies for the provision of services and activities should ensure their continuous ability to deliver sound and prudent management, in the interest of the integrity of the markets and the protection of investors. In relation to the launch of new products, product producers should also periodically review the performance of their products, to assess whether a product has performed in accordance with its design and to establish whether the target market for the product is still correct.
Amendment 585 #
2011/0298(COD)
Proposal for a directive
Article 17 – paragraph 2
Article 17 – paragraph 2
2. An investment firm that engages in algorithmic trading shall at leastprovide annually provideor on demand to its home Competent Authority a description of the nature of its algorithmic trading strategies, details of the trading parameters or limits to which the system is subject, the key compliance and risk controls that it has in place to ensure the conditions in paragraph 1 are satisfied and details of the testing of its systems. A competent authority may at any time request further information from an investment firm about its algorithmic trading and the systems used for that trading.
Amendment 833 #
2011/0298(COD)
Proposal for a directive
Article 25 – paragraph 5
Article 25 – paragraph 5
5. The client must receive from the investment firm adequate reports in writing on the service provided to its clients. These reports shall include periodic communications to clients, taking into account the type and the complexity of financial instruments involved and the nature of the service provided to the client and shall include, where applicable, the costs associated with the transactions and services undertaken on behalf of the client. When providing investment advice, the investment firm shall specify how the advice given meets the personal characteristics of the client.
Amendment 1103 #
2011/0298(COD)
Proposal for a directive
Article 59 – paragraph 1 – subparagraph 1 – introductory part
Article 59 – paragraph 1 – subparagraph 1 – introductory part
Member States shall ensure that regulated markets, operators of MTFs and OTFs which admit to trading or trade commodity derivatives apply limits on the number of contractoutstanding positions which any given market members or participants can enter into over a specified period of time, or alternative arrangements with equivalent effect such as position management with automatic review thresholds , to be imposed in order to:
Amendment 1138 #
2011/0298(COD)
Proposal for a directive
Article 59 – paragraph 3
Article 59 – paragraph 3
3. The Commission shall be empowered to adopt delegated acts in accordance with Article 94 to determine the limits or alternative arrangements on the number of contractoutstanding positions which any person can enter into over a specified period of time and the necessary equivalent effects of the alternative arrangements established in accordance with paragraph 1, as well as the conditions for exemptions. The limits or alternative arrangements shall take account of the conditions referred to in paragraph 1 and the limits that have been set by regulated markets, MTFs and OTFs. The limits or alternative arrangements determined in the delegated acts shall also take precedence over any measures imposed by competent authorities pursuant to Article 72(1) paragraph (g) of this Directive.
Amendment 1265 #
2011/0298(COD)
Proposal for a directive
Article 83 – paragraph 5 – subparagraph 2
Article 83 – paragraph 5 – subparagraph 2
The notification shall include, where relevant, the details of the request pursuant to Article 72(1)(f) including the identity of the person or persons to whom it was addressed and the reasons thereof, as well as the scope of the limits introduced pursuant to Article 72(1)(g) including the person or class of persons concerned, the applicable financial instruments, any quantitative measures or thresholds such as the maximum number of contracts persoutstanding positions can enter into before a limit is reached, any exemptions thereto, and the reasons thereof.
Amendment 9 #
2011/0261(CNS)
Proposal for a directive
Recital 1 a (new)
Recital 1 a (new)
(1a) Revenue from an FTT should provide developing countries with additional revenue to finance social programmes.
Amendment 17 #
2011/0058(CNS)
Proposal for a directive
Recital 1
Recital 1
Amendment 22 #
2011/0058(CNS)
Proposal for a directive
Recital 1 a (new)
Recital 1 a (new)
(1 a) The report on the 'Future of the Single Market' by former Commissioner Mario Monti states that tax competition does not adversely affect growth in the Single Market.
Amendment 28 #
2011/0058(CNS)
Proposal for a directive
Recital 2
Recital 2
(2) Tax obstacles to cross-border business are particularly severe for small and medium enterprises, which commonly lack the resources to resolve market inefficiencimay affect small and medium enterprises.
Amendment 45 #
2011/0058(CNS)
Proposal for a directive
Recital 5 a (new)
Recital 5 a (new)
(5 a) This Directive is not a first step towards harmonisation of the corporate tax rates of the Member States. Each Member State reserves the sovereign right to set its own corporate tax rate.
Amendment 49 #
2011/0058(CNS)
Proposal for a directive
Recital 6
Recital 6
(6) Consolidation is an essential element of such a system, since the major tax obstacles faced by companies in the Union can be tackled only in that way. It eliminates transfer pricing formalities and intra-group double taxation. Moreover, losses incurred by taxpayers are automatically offset against profits generated by other members of the same group. However, the CCCTB is not a tax- neutral operation. The European Commission's own impact assessment states that the EU tax base will decrease under a voluntary CCCTB by 2.7%.
Amendment 415 #
2011/0058(CNS)
Proposal for a directive
Article 133 – paragraph 1
Article 133 – paragraph 1
The Commission shall, five years after the entry into force of this Directive, review its application and report to the Council on the operation of this Directive. The report shall in particular include an analysis of the impact of the mechanism set up in Chapter XVI of this Directive on the distribution of the tax bases between the Member States. Any matter not covered by the scope of the Directive, in particular the examination of the impact of non-harmonised tax rates, need not be examined.
Amendment 10 #
2010/2301(INI)
Draft opinion
Paragraph C a (new)
Paragraph C a (new)
Ca. whereas China’s rapid economic growth has taken place partially at the expense of human rights, and is partially built on forced labour and child labour;
Amendment 42 #
2010/2301(INI)
Draft opinion
Paragraph 4
Paragraph 4
4. Calls on the Commission to move away from traditional development cooperation and aid towards a more commercially oriented relationship with China in the interests of both sides, but emphasises that the EU's trade relations with China should continuously be complemented with efforts and demands for democratic development;
Amendment 51 #
2010/2301(INI)
Draft opinion
Paragraph 5
Paragraph 5
5. Calls on the Commission, therefore, to treat China as a partner, with respect for its cultural traditions, and valueto establish the same legitimate claims on China as on the EU’s other trade partners regarding the respect for human rights; considers that such an approach will help to overcome current tensions, intensify further exchanges and increase mutual investment;
Amendment 6 #
2010/2270(INI)
Motion for a resolution
Recital A a (new)
Recital A a (new)
A a. whereas international standards define a large dam as higher than 15 metres, and a small dam, generally, as lower than 15 metres,
Amendment 45 #
2010/2270(INI)
Motion for a resolution
Paragraph 16
Paragraph 16
16. Urges thate constructiong and reinforcingement of dams in LDCs is not enough to safeguard vulnerable areas and calls for a concerted effort in dealing with the root of the problem, not merely the symptom, thus preventing the wasteful spending of EU taxpayers' money, especially in regions where there is a threat posed by unstable glacial lakes, which is vital for protection against the devastating causes of flooding;
Amendment 16 #
2010/2211(INI)
Draft opinion
Paragraph 2
Paragraph 2
2. Demands a sizeable increase in the Heading 4 ceiling, in particular for the Development Cooperation Instrument (DCI), given that over the last seven years little genudespite some progress in cuttineg progress has been achieved in cutting povertyoverty; due to insufficient aid effectiveness and coordination, as well as the impact of various natural disasters, and energy, food, financial and economic crises, especially in sub- Saharan Africa and South-East Asia, and that much more needs to be done, and also that some DCI resources have been redeployed for new non-ODA activities;
Amendment 26 #
2010/2211(INI)
Draft opinion
Paragraph 7
Paragraph 7
7. Calls for the EU to step up its efforts to alleviate the humanitarian situation in all conflict zones, including in Palestine, in particular through its support for UNRWA and its assistance in preparing the Palestinian people for statehood;
Amendment 35 #
2010/2211(INI)
Draft opinion
Paragraph 10 a (new)
Paragraph 10 a (new)
10 a. Points out that although aid can act as a leverage for developing countries, it is not enough to guarantee sustainable and lasting development; therefore calls on developing countries to strengthen and mobilise their domestic resources, involve effectively private sector and local government in the MDG agenda and for developing countries' greater ownership of their MDG projects;
Amendment 8 #
2010/2205(INI)
Draft opinion
Paragraph 2
Paragraph 2
2. Deplores the fact that FTAs contain few references to social standardRecognises that the international trend on bilateral trade agreements is moving towards a greater acceptance of labour and social standards linked to trade agendas; urges the EU to incorporate a social clause into all EU external trade agreements, including those coming within the ambit of the WTO;
Amendment 15 #
2010/2205(INI)
Draft opinion
Paragraph 3
Paragraph 3
3. Deplores the poor implementation and enforcement of social standards, especially the ILO conventions and CSR principles; emphasises that the ILO permits the imposition of trade sanctions on countries that do not comply with their international obligations; calls on the EU to pursue an approach based on incentives and sanctions in the context of bilateral and regional agreements, so ascalls on the EU to ensure that the social provisions of EU preferential agreements are effectively enforced;
Amendment 21 #
2010/2205(INI)
Draft opinion
Paragraph 4
Paragraph 4
4. Urges the EU to mainstream social policy in the context of the External Action Service and to increase development aid to ensure the ratification and implementation of the CLS, while avoiding derogations from general regulations, e.g. in export processing zones;
Amendment 38 #
2010/2205(INI)
Draft opinion
Paragraph 6 a (new)
Paragraph 6 a (new)
6 a. Considers the need to find an appropriate balance between boosting the competitiveness of industry whilst addressing the impact of business on the environment and society; welcomes the initiatives taken by the European Commission to include Corporate Social Responsibility as part of the Europe 2020 strategy for smart, sustainable and inclusive growth.
Amendment 1 #
2010/2204(DEC)
Draft opinion
Paragraph 2
Paragraph 2
2. Regrets that EDF support for regional integration has not yet been wholly effective, mainly due to African authorities' lack of capacity, overlapping membership of African regional economic organisations, and leading to the duplication of efforts and dispersion of resources, as well as inadequate support and coordination from Commission delegations, principally due to lack of resources;
Amendment 2 #
2010/2204(DEC)
Draft opinion
Paragraph 3
Paragraph 3
3. Calls, accordingly, on the Commission to step up capacity-building for East African and West African regional economic organisations and their institutions, including support for parliaments and local civil society, and actively to encourage convergence between regional blocs with a view to eliminating overlapping membership over time, whilst taking care to respect partner countries' ownership of the process;
Amendment 4 #
2010/2204(DEC)
Draft opinion
Paragraph 5
Paragraph 5
5. Insists that the EU should not pressure African states to sign up to Economic Partnership Agreements (EPAs) any faster or which cover a greater range of i, in the ongoing negotiations, enable Economic Partnership Agreements (EPAs) to contribute to strengthening regional integration processues than they want to, and that the EU should avoid undermining existing regional groupings by agreeing EPAs with individual countriand to be compatible with World Trade Organization rules and practices;
Amendment 5 #
2010/2204(DEC)
Draft opinion
Paragraph 6
Paragraph 6
6. InvitesCalls on the Commission to provide particular support for smaller states, especially least-developed countries, that are heavily dependent on regionacontinue its funding for regional programmes, otherwise known as Intra-ACP Programmes, which cover several or all economic 'giants', such as Nigeria in West Africauntries in a particular region;
Amendment 7 #
2010/2204(DEC)
Draft opinion
Paragraph 9
Paragraph 9
9. Is concerned that the Court of Auditors found the Commission's selection processes to be insufficiently transparent andat there are difficulties translating the strict legal requirements to select partners objectively and that monitoring of the effectiveness of aid implemented through UN bodies is inadequateransparently into practical criteria to support decision making;
Amendment 8 #
2010/2204(DEC)
Draft opinion
Paragraph 11
Paragraph 11
11. Calls on the Commission to monitor more thoroughly UN-implemented aid projects to ascertain more reliably their actual impact and cost-effectiveness;
Amendment 9 #
2010/2204(DEC)
Draft opinion
Paragraph 12
Paragraph 12
12. Urges the Commission to increase the amount of information on the implementation of the EDF at national and regional level in the ACP countries and to ensure better visibility for all EU- funded activities overseas.
Amendment 32 #
2010/2102(INI)
Motion for a resolution
Paragraph 5
Paragraph 5
Amendment 46 #
2010/2102(INI)
Motion for a resolution
Paragraph 8
Paragraph 8
8. Recalls that the main challenge for poor countries is to broaden the tax base; points out that the decline in trade taxes has led to the introduction of consumption taxes (VAT or energy taxes); considers that even if VAT can enable the widening of the tax base in economies with large informal sectors, it is not an ideal instrument as itthe non- discriminatory nature of VAT hits poor people the hardest; believes that EU assistance for tax reform should be geared to developing direct taxationdevelopment assistance should prioritise initiatives to improve the effectiveness and transparency of tax systems;
Amendment 54 #
2010/2102(INI)
Motion for a resolution
Paragraph 9
Paragraph 9
9. Recalls thate benefits of tax competition affects the way the tax burden is distributed between owners of capital and wage earners; underlines that the costs of tax competition are higher for developing countrito attract Foreign Direct Investment, which creates well-paid jobs and in turn increases since they derive a larger part of their tax revenues from capital and have little possibility to collect alternative taxome tax revenues; considers that multinational enterprises should pay a fair share of taxes, while developing countries should have policy space to impose capital controls;
Amendment 57 #
2010/2100(INI)
Motion for a resolution
Paragraph 4
Paragraph 4
4. Agrees that EU assistance programmes should focus onassist sustainable small-scale food production and that priority should be given to ‘ecologically-efficient’ approaches that strengthen biodiversity, princrease agricultural output in developing countries, which can be achieventd the degradation of fertile land, promote agro-ecological and low- external-input (LEI) practices, and excludes GMOs;rough better access for smallholder’s farmers to loans and microcredit for investment.
Amendment 87 #
2010/2100(INI)
Motion for a resolution
Paragraph 8
Paragraph 8
8. CRecalls for the recognition of the coimportancept of food sovereignty, defined as the capacity of a country or a region to democratically implement its own agricultural and food policies, priorities and strategies;
Amendment 96 #
2010/2100(INI)
Motion for a resolution
Paragraph 11 a (new)
Paragraph 11 a (new)
11a. Urges the Commission to focus on under-nutrition, particularly maternal and infant under-nutrition, and to integrate sound and multi-sectoral nutrition strategies into its development policy
Amendment 110 #
2010/2100(INI)
Motion for a resolution
Paragraph 14
Paragraph 14
14. Believes that commodity derivatives are different from other financial derivatives and that access to this market should be restricted and the market better regulated;
Amendment 137 #
2010/2100(INI)
Motion for a resolution
Paragraph 19 a (new)
Paragraph 19 a (new)
19a. Welcomes the efforts of the G20 in tackling price volatility and food security
Amendment 166 #
2010/2100(INI)
Motion for a resolution
Paragraph 26
Paragraph 26
26. Urges the Commission to focus on development concerns in the ongoing EPA negotiations and to grant more flexibility to developing countries as to trade rules; demands that the Commission takes a strong pro-development position in WTO negotiations and works towards the completion of the Doha Round; calls on the Commission to apply a human rights- based approach to international trade negotiations and to apply human rights impact assessments to agreements with third countriereiterates the importance of human rights within international trade negotiations;
Amendment 16 #
2010/2070(INI)
Motion for a resolution
Paragraph 5
Paragraph 5
5. Points out that women have the right to exercise full control over matters relating to their reproductive health, as regards procreation, contraception, abortion oraccess relating to their health care, in regards to (deleted) sexually transmitted diseases; points to the fact that they are still subject to genital mutilation and extreme violence, while rape remains a weapon of war;
Amendment 20 #
2010/2070(INI)
Motion for a resolution
Paragraph 6
Paragraph 6
Amendment 27 #
2010/2070(INI)
Motion for a resolution
Paragraph 7
Paragraph 7
7. Condemns the proliferation of sectwitch doctors which exploit the credulity of the most vulnerable populations to provide pseudo- health care, while the authorities do nothing to intervene;
Amendment 45 #
2010/2070(INI)
Motion for a resolution
Paragraph 19
Paragraph 19
19. Considers that health insurance schemes must provide universequal access to health care and must be non-profit making and participatory;
Amendment 52 #
2010/2070(INI)
Motion for a resolution
Paragraph 31 a (new)
Paragraph 31 a (new)
31a. Calls on the Commission to ensure access to health care systems for certain groups that have difficulty accessing health care such as Pastoralists;
Amendment 63 #
2010/2070(INI)
Motion for a resolution
Paragraph 35
Paragraph 35
35. Calls on the Commission to ensure that European policies on reproductive health care are properly promoted among all associations receiving European funds;
Amendment 4 #
2010/2037(INI)
Motion for a resolution
Recital B
Recital B
B. whereas the EU and its Member States, as the world's largest donor, needs to play a leading role at the September MDG meeting and adopt an ambitious, united position that can drive the planet forwardwork as a driving force towards meeting the MDGs on time,
Amendment 5 #
2010/2037(INI)
Motion for a resolution
Recital E
Recital E
Amendment 6 #
2010/2037(INI)
Motion for a resolution
Recital F
Recital F
Amendment 7 #
2010/2037(INI)
Motion for a resolution
Recital G
Recital G
G. whereas unpredictable aid can be detrimental to recipient countries and whereas better quality aid could free uplease an extra EUR 3 billion a year for the development spendingbudgets of the EU and its Member States1, ________ 1 'Aid Effectiveness Agenda: Benefits of a European Approach', European Commission, October 2009
Amendment 8 #
2010/2037(INI)
Motion for a resolution
Recital H
Recital H
Amendment 10 #
2010/2037(INI)
Motion for a resolution
Recital J
Recital J
J. whereas incoherencies in the European Union's policies mustshould not undermine the impact of development funding,
Amendment 11 #
2010/2037(INI)
Motion for a resolution
Recital K
Recital K
K. whereas remittances pumpcontribute at least USD 300 billion a year into developing countries' economies1, ________________ 1 'Migration and Remittance Trends 2009', World Bank, November 2009
Amendment 13 #
2010/2037(INI)
Motion for a resolution
Recital M
Recital M
M. whereas manysome LDCs are on track to meet no MDGs whatsoever,
Amendment 14 #
2010/2037(INI)
Motion for a resolution
Recital N
Recital N
N. whereas the recent food and fuel crises, coupled with the global economic downturn and climate change, have reversed much ofled to set-backs in the last decade's progress on poverty reduction,
Amendment 15 #
2010/2037(INI)
Motion for a resolution
Recital N a (new)
Recital N a (new)
Na. whereas land ownership creates incentives for individuals, families and communities to take control of their own development and ensure food security at a local level,
Amendment 16 #
2010/2037(INI)
Motion for a resolution
Recital O
Recital O
O. whereas fmitighating climate change in the south will cost upwards of USD 100 billion a year and the economic downturn at least as much againdeveloping countries could cost around USD 100 billion a year by 20201, _________ 1 Stepping up international climate finance: A European blueprint for the Copenhagen deal, COM(2009) 475/3
Amendment 18 #
2010/2037(INI)
Motion for a resolution
Recital S
Recital S
S. whereas a lack of securitpeace and security, democracy and political stability often prevents poor countries from meeting their full potential development potential,
Amendment 21 #
2010/2037(INI)
Motion for a resolution
Recital U a (new)
Recital U a (new)
Ua. whereas trade is a prerequisite for sustainable development,
Amendment 22 #
2010/2037(INI)
Motion for a resolution
Recital V
Recital V
V. whereas a third of all maternal deaths in Africa are due to unsafe abortionsfor the first time in decades, researchers are reporting a significant drop worldwide in the number of women dying each year from pregnancy and childbirth, to about 342,900 in 2008 from 526,300 in 1980, which signals a persistent and welcome progress towards the achievement of this MDG,
Amendment 24 #
2010/2037(INI)
Motion for a resolution
Recital W
Recital W
W. whereas funding for family planning on a per-woman basis has fallen sharply away over the last decadethis significant drop is due to lower pregnancy rates in some countries; higher income, which improves nutrition and access to health care; more education for women; and the increasing availability of “skilled attendants” - people with some medical training - to help women give birth,
Amendment 25 #
2010/2037(INI)
Motion for a resolution
Recital W a (new)
Recital W a (new)
Wa. whereas about 60,000 pregnant women died from AIDS over this period and it is becoming increasingly clear that in order to tackle the rising maternal mortality in the regions of eastern and southern Africa, urgent action is required not so much in emergency obstetrical care, but in access to antiretrovirals,
Amendment 26 #
2010/2037(INI)
Motion for a resolution
Recital Y
Recital Y
Y. whereas failing to meet our MDG promises will mean a death sentencecontinued suffering for millions of poor people and will seriously erode trust between north and south,
Amendment 27 #
2010/2037(INI)
Motion for a resolution
Recital Y a (new)
Recital Y a (new)
Ya. whereas there is a demographic deficit of 100 million women in the world due to abortions and infanticide based on cultural preferences for male children,
Amendment 29 #
2010/2037(INI)
Motion for a resolution
Paragraph 1
Paragraph 1
1. Expects the June 2010 European Council to agree on an ambitious and united EU position ahead of September's UN MDG meeting and to lead to new, results- -oriented, additional, transparent and measurable commitments;
Amendment 36 #
2010/2037(INI)
Motion for a resolution
Paragraph 4
Paragraph 4
4. Calls on the EU and the OECD not to broaden the definition of development aid (ODA) and not to count debt cancellation or other non-ODA financial flows as aid spending;
Amendment 38 #
2010/2037(INI)
Motion for a resolution
Paragraph 5
Paragraph 5
Amendment 41 #
2010/2037(INI)
Motion for a resolution
Paragraph 6
Paragraph 6
Amendment 45 #
2010/2037(INI)
Motion for a resolution
Paragraph 7
Paragraph 7
7. Calls on all Member States actively to crack down onounteract tax havens and tax evasion, within the G20 framework, and to promote greater transparency and country-by- country reporting by multinationals;
Amendment 47 #
2010/2037(INI)
Motion for a resolution
Paragraph 8
Paragraph 8
8. Calls on all Member States and the international community to take action to make remittances cheaper;
Amendment 50 #
2010/2037(INI)
Motion for a resolution
Paragraph 9
Paragraph 9
9. Calls on all Member States to apply an interest-free debt moratorium on debt repayments until 2015 for developing countries and to make renewed efforts to write off debts of LDCsand the international community to make renewed efforts to ease the debt burden of LDCs with a track-record of accountability, transparency and good governance;
Amendment 57 #
2010/2037(INI)
Motion for a resolution
Paragraph 11
Paragraph 11
11. Calls on all Member States to commit to allotting significantly more resources to development cooperation and emergency aid under the next Financial Perspective and European Development Fund;
Amendment 60 #
2010/2037(INI)
Motion for a resolution
Paragraph 12
Paragraph 12
12. Calls on all Member States to increase significantly the amount of aid provided through budget support, particularly via MDG contracts, but insistson condition that democracy, human rights, governance and other essential criteria are met and that there is more and better monitoring and audits;
Amendment 70 #
2010/2037(INI)
Motion for a resolution
Paragraph 17
Paragraph 17
17. Calls on the EU not to pressure poor countries through its trade policy into opening up vulnerable market sectors when their level of development precludes them fromand the international community to support rule of law and non-corrupt administration, processing and diversification of production, as well as efficient infrastructure in developing countries for their increased capacity to competinge fairly on the global stage;
Amendment 80 #
2010/2037(INI)
Motion for a resolution
Paragraph 22
Paragraph 22
22. Calls on all Member States and the Commission to reverse the worrying decline in funding for sexual and reproductive health and rights in developing countries and to support responsible policies on family planning, abortion, treatment of sexual diseases and provision of condoms;
Amendment 83 #
2010/2037(INI)
Motion for a resolution
Paragraph 22 a (new)
Paragraph 22 a (new)
22a. Calls for an end to abortion as a form of contraception or family planning and a recalibration of the ideas of "women's rights" and "sexual and reproductive health" to once again focus on the protection of vulnerable women, born and unborn, in the developing world;
Amendment 85 #
2010/2037(INI)
Motion for a resolution
Paragraph 24
Paragraph 24
24. Calls on the EU to channel at least half its aid into LDCs and to target the neediest within these c Least Developed Countries, focusing especially on women, children and people with disabilities, and to mainstream more effectively the interests of vulnerable groups in its development strategies;
Amendment 89 #
2010/2037(INI)
Motion for a resolution
Paragraph 26
Paragraph 26
26. Calls on the EU and partner governments to increase investment in farming and food security to levels that guarantee, the international community and developing country governments to prioritise efforts for food security and freedom from hunger for all, looking particularly at urgent hunger needs, small-scale farming and social protection programmes;
Amendment 90 #
2010/2037(INI)
Motion for a resolution
Paragraph 26 a (new)
Paragraph 26 a (new)
26a. Calls on the Commission to promote land ownership as a tool for poverty reduction and the guarantee of food security by strengthening property rights and facilitating access to credit to farmers, small businesses and local communities;
Amendment 99 #
2010/2037(INI)
Motion for a resolution
Paragraph 31
Paragraph 31
31. Intends, when codeciding the upcoming revisionnewal of the European Investment Bank's external mandate, to seize the opportunity to turn the EIB into an effective, pro-poor lending instituensure fulfilment of its development obligations;
Amendment 101 #
2010/2037(INI)
Motion for a resolution
Paragraph 32
Paragraph 32
32. Calls on all Members States and the international community to ensure the UN remains the forum of choice for addressing global governance and poverty- related issues;
Amendment 13 #
2010/2021(INI)
Draft opinion
Paragraph 5 d (new)
Paragraph 5 d (new)
5d. Calls on the Commission to present as a matter of urgency a legislative proposal based on Article 291(3) TFEU setting out the rules and general principles concerning mechanisms for control by Member States of the Commission’s exercise of implementing powers; stresses that Parliament should, at the very least, retain a right of information concerning implementing acts and control their legality, along with the right to adopt resolutions in cases where the implementing act goes beyond the authority permitted by the basic act;
Amendment 4 #
2010/2008(INI)
Draft opinion
Paragraph 1
Paragraph 1
1. EWhile recognising the positive role of derivatives when they are used for hedging purposes, expresses concern about the adverse impact of the growing presence of financial investors in agricultural commodity markets, whereby institutional investors look at commodities as an alternative financial asset class to provide portfolio diversification;
Amendment 128 #
2010/2002(BUD)
Motion for a resolution
Paragraph 50 a new
Paragraph 50 a new
50a. Welcomes the agreement of EUR2.4 billion a year for mitigation and adaptation to climate change but insists that this 'fast start' climate finance package must be genuinely additional and does not come at the expense of existing development cooperation programmes; requests confirmation that the EU share of this package — EUR 65 million proposed for 2011 — is not redeployed from the Development Cooperation Instrument and is therefore additional; is concerned that the draft budget for 2011 foresees over EUR 1 million less for the environment and sustainable management of natural resources than in 2010;
Amendment 133 #
2010/2002(BUD)
Motion for a resolution
Paragraph 51 a new
Paragraph 51 a new
51a. Firmly rejects any attempts to finance the programme for ACP banana- producing countries through redeployment of development appropriations within heading 4, in particular from the budget lines for development cooperation; is particularly opposed to the proposal in the draft budget to redeploy for this purpose EUR 13 million from the Development Cooperation Instrument and EUR 5 million from the Civil Protection Financial Instrument;
Amendment 134 #
2010/2002(BUD)
Motion for a resolution
Paragraph 51 b new
Paragraph 51 b new
51b. Welcomes the proposal to amend the regulation creating an instrument for industrialised countries1 but resolutely opposes its being financed with appropriations programmed for use under the Development Cooperation Instrument; stresses that funds earmarked for development cooperation must target poverty alleviation; is extremely dissatisfied that of the EUR 70,6 million total appropriations earmarked for this new instrument in the draft budget, EUR 45 million are taken from the Development Cooperation Instrument; 1 Proposal for a Regulation amending Regulation EC N° 1934/2006 establishing a financing instrument for cooperation with industrialised countries and other high-income countries and territories
Amendment 141 #
2010/2002(BUD)
Motion for a resolution
Paragraph 52 a new
Paragraph 52 a new
52a. Welcomes the recognition under the Treaty of Lisbon of humanitarian aid as a European policy in its own right; underlines the increasingly serious consequences of natural or man-made disasters, particularly those linked to climate change, to the changing nature of conflicts and to violations of international humanitarian law; calls therefore for an increase in humanitarian aid funding, incorporating disaster risk reduction;
Amendment 146 #
2010/2002(BUD)
Motion for a resolution
Paragraph 53 a new
Paragraph 53 a new
53a. Is surprised at the reduction in appropriations, over 2010, proposed in the 2011 draft budget for Article 23 03 06 on civil protection in third countries when the recent disaster in Haiti clearly demonstrated the need to bolster the Community civil protection mechanism; calls in addition on the Commission to provide details of the specific measures it proposes to put in hand in setting up a preparatory action for a European Voluntary Humanitarian Aid Corps;
Amendment 147 #
2010/2002(BUD)
Motion for a resolution
Paragraph 53 b new
Paragraph 53 b new
53b. Welcomes the proposed 30% increase in the contribution to the global fund to fight AIDS, tuberculosis and malaria but considers that supporting basic health services is ultimately more effective than such than vertical health funds when it comes to improving health standards in developing countries;
Amendment 148 #
2010/2002(BUD)
Motion for a resolution
Paragraph 53 c new
Paragraph 53 c new
53c. Notes the vital contribution played by improved access to financial services, such as microfinance schemes, in helping smallholder farmers, particularly women, achieve food self-sufficiency and food security; welcomes the success of financing in the 2009 and 2010 budgets to support such schemes and stresses the need for this to be continued and extended;
Amendment 149 #
2010/2002(BUD)
Motion for a resolution
Paragraph 53 d new
Paragraph 53 d new
53d. Calls on the Commission to extend and increase funding for existing preparatory actions that target developing countries' specific needs, such as improving water management and combating the economic and financial crisis in non-ACP developing countries; asks the Commission, where necessary, to change the legal basis of these initiatives in order to give them permanent status;
Amendment 150 #
2010/2002(BUD)
Motion for a resolution
Paragraph 53 e new
Paragraph 53 e new
53e. Points out to the Council the increasing discrepancy between the chronic underfunding of heading 4 and the Council's new political commitments, particularly where development policy is concerned; demands a revision of the heading 4 ceiling for the years 2011-13;
Amendment 151 #
2010/2002(BUD)
Motion for a resolution
Paragraph 53 f new
Paragraph 53 f new
53f. Insists that the Commission and Council refrain from reducing heading 4 administrative spending budget lines, as these are necessary for full and effective implementation of the multiannual programmes; sincerely regrets that the Commission's draft budget proposes significant cuts to administrative expenditure for development programmes;
Amendment 65 #
2010/0281(COD)
Proposal for a regulation
Recital 2
Recital 2
(2) To strengthen the economic and monetary union there is a need to build upon the experience gained during the first decade of functioning of the economic and monetary union.
Amendment 117 #
2010/0281(COD)
Proposal for a regulation
Recital 9
Recital 9
(9) Based on the multilateral surveillance procedure and the alert mechanism, the Commission should identify in a transparent procedure the Member States to be subject to an in-depth review. The in- depth review should encompass a thorough analysis of sources of imbalances in the Member State under review. It should be discussed withininclude a surveillance mission by the Commission to the Member State concerned, in liaison with the ECB when those missions concern Member States whose currency is the euro or Member States participating in ERM II. It should be discussed within the European Parliament, the Council and the Euro Group for the Member States whose currency is the euro.
Amendment 122 #
2010/0281(COD)
Proposal for a regulation
Recital 10
Recital 10
(10) A procedure to monitor and correct adverse macroeconomic imbalances, with preventive and corrective elements, will require enhanced surveillance tools based on those used in the multilateral surveillance procedure. This mayshould include enhanced surveillance missions and control of statistics by the Commission to Member States in liaison with the ECB when those missions concern participating Member States or Member States participating in the ERM II and additional reporting by the Member State in case of severe imbalances, including imbalances that jeopardise the proper functioning of the economic and monetary union.
Amendment 150 #
2010/0281(COD)
Proposal for a regulation
Recital 13
Recital 13
(13) The early warnings and recommendations by the European Systemic Risk Board to Member States or the Union address risks of a macrofinancial nature. These may also warrant appropriate follow-up action in the context of the surveillance of imbalances. The independence and confidentiality regime of the European Systemic Risk Board should be strictly respected.
Amendment 183 #
2010/0281(COD)
Proposal for a regulation
Article 2 – paragraph 1 – point a
Article 2 – paragraph 1 – point a
(a) 'imbalances‘ means macroeconomic developments which are adversely affecting, or have the potential adversely to affect, the proper functioning and/or the competitiveness of the economy of a Member State or of economic and monetary union, or of the Union as a whole.
Amendment 194 #
2010/0281(COD)
Proposal for a regulation
Article 3 – paragraph 1
Article 3 – paragraph 1
1. The Commission shall, after consultation with Member States and the European Parliament, establish an indicative scoreboard as a tool to facilitate early identification and monitoring of imbalances.
Amendment 210 #
2010/0281(COD)
Proposal for a regulation
Article 3 – paragraph 2
Article 3 – paragraph 2
2. The scoreboard shall be made up of an array of macroeconomic and, macrofinancial indicators for Member Stateand structural indicators, which are adequate to measure the economic equilibrium and competitiveness of the Member States in comparison to other Member States as well as their international competitiveness. The Commission may set indicative lower or upper thresholds for these indicators to serve as alert levels. The thresholds applicable to Member States whose currency is the euro may be different from those applicable to the other Member States.
Amendment 220 #
2010/0281(COD)
Proposal for a regulation
Article 3 – paragraph 2 a (new)
Article 3 – paragraph 2 a (new)
2a. The list of indicators to be included in the scoreboard and the thresholds should allow the detection of internal and external macroeconomic imbalances.
Amendment 243 #
2010/0281(COD)
Proposal for a regulation
Article 3 – paragraph 4
Article 3 – paragraph 4
4. The Commission shall regularly assess the appropriateness of the scoreboard, including the composition of indicators, the thresholds set and the methodology used, and shall adapt it, in accordance with Article 3 paragraph 1, and in case of emergency the Commission may temporarily adapt the scoreboard, the indicators and the thresholds if necessary to preserve or enhance its capability to detect emerging imbalances and monitor their development. Changes in the underlying methodology and composition of the scoreboard and the associated thresholds shall be made public.
Amendment 263 #
2010/0281(COD)
Proposal for a regulation
Article 4 – paragraph 3 a (new)
Article 4 – paragraph 3 a (new)
3a. The Report should be transmitted in a timely manner to the European Parliament.
Amendment 272 #
2010/0281(COD)
Proposal for a regulation
Article 5 – paragraph 1
Article 5 – paragraph 1
1. Taking account of the discussions in the Council, the European Parliament and the Euro Group, as provided for in Article 4(4), the Commission shall prepare an in- depth review for each Member State it considers affected by, or at risk of, imbalances. This assessment shall include an evaluation of whether the Member State in question is affected by macroeconomic imbalances, and of whether these macroeconomic imbalances constitute excessive imbalances. The in-depth review shall involve a surveillance mission by the Commission to the Member State concerned, in liaison with the ECB when the Member State concerned is a Member State participating in ERM II.
Amendment 302 #
2010/0281(COD)
Proposal for a regulation
Article 6 – paragraph 2
Article 6 – paragraph 2
2. The Councilmmission shall inform the European Parliament of its recommendations. The Council recommendations shall be made public.
Amendment 306 #
2010/0281(COD)
Proposal for a regulation
Article 6 – paragraph 3
Article 6 – paragraph 3
3. The Councilmmission shall review these recommendations at least annually and may amend them if appropriate in accordance with paragraph 1.
Amendment 309 #
2010/0281(COD)
Proposal for a regulation
Article 7 – paragraph 1
Article 7 – paragraph 1
1. If, on the basis of the in-depth review referred to in Article 5, the Commission considers that the Member State concerned is affected by excessive imbalances, it shall inform the Council accordinglyEuropean Parliament and the Council accordingly and draft the necessary recommendations to take corrective action. The recommendations shall set out the nature of the imbalances and specify the corrective action to be taken in detail and the deadline within which the Member State concerned must take such corrective action.
Amendment 347 #
2010/0281(COD)
Proposal for a regulation
Article 9 – paragraph 1
Article 9 – paragraph 1
1. The Commission shall monitor implementation of the recommended corrective action and of the corrective action plan by the Member State concerned. For this purpose, the Member State shall report to the Council and the Commission at regular intervals in the form of progress reports whose frequency shall be established by the Councilmmission in the recommendation referred to in Article 7(21).
Amendment 353 #
2010/0281(COD)
Proposal for a regulation
Article 9 – paragraph 2
Article 9 – paragraph 2
2. Member States’ progress reports shall be made public by the Councilmmission.
Amendment 354 #
2010/0281(COD)
Proposal for a regulation
Article 9 – paragraph 3
Article 9 – paragraph 3
3. The Commission mayshall carry out surveillance missions to the Member State concerned to monitor implementation of the corrective action plan, in liaison with the ECB when those missions concern Member States whose currency is the euro or Member States participating in ERM II.
Amendment 366 #
2010/0281(COD)
Proposal for a regulation
Article 10 – paragraph 1
Article 10 – paragraph 1
1. On the basis of a Commission report, the CouncilThe Commission shall conclude whether or not the Member State concerned has taken the recommended corrective action.
Amendment 368 #
2010/0281(COD)
Proposal for a regulation
Article 10 – paragraph 2
Article 10 – paragraph 2
2. The Commission's report shall beconclusions shall be discussed in the Council and made public.
Amendment 371 #
2010/0281(COD)
Proposal for a regulation
Article 10 – paragraph 3
Article 10 – paragraph 3
3. The Councilmmission conclusions shall be adopted by the deadline set by the Councilmmission in its recommendations adopted in accordance with Article 7.
Amendment 377 #
2010/0281(COD)
Proposal for a regulation
Article 10 – paragraph 4
Article 10 – paragraph 4
4. Where ithe Commission concludes that the Member State has not taken the recommended corrective action, the Council, on a recommendation from the Commission, shall adoptpropose revised recommendations in accordance with Article 7, on a recommendation from the Commission, setting another deadline for corrective action by when another assessment in accordance with this Article shall be conducted.
Amendment 383 #
2010/0281(COD)
Proposal for a regulation
Article 10 – paragraph 5
Article 10 – paragraph 5
5. Where the Councilmmission concludes that the Member State has taken the recommended corrective action, the excessive imbalance procedure shall be held in abeyance.
Amendment 387 #
2010/0281(COD)
Proposal for a regulation
Article 10 – paragraph 6
Article 10 – paragraph 6
6. The state of abeyance of the procedure for Member States concerned shall be reviewed regularly by the Councilmmission in accordance with the procedure set out in paragraphs (1) to (5).
Amendment 410 #
2010/0281(COD)
Proposal for a regulation
Article 12 a (new)
Article 12 a (new)
Amendment 194 #
2010/0251(COD)
Proposal for a regulation
Recital 17
Recital 17
(17) Measures relating to sovereign debt and sovereign credit default swaps including increased transparency and restrictions on uncovered short selling should impose requirements which are proportionate and at the same time avoid an adverse impact on the liquidity of sovereign bond markets and sovereign bond repurchase (repo) markets. In practice, sovereign credit default swaps are commonly and legitimately used to hedge risks other than direct exposure to sovereign bonds. This Regulation should not therefore prohibit the use of uncovered positions in sovereign credit default swaps.
Amendment 9 #
2010/0135(NLE)
Draft legislative resolution
Paragraph 8
Paragraph 8
8. Calls on the Member States to allow the Commission to assess compliance with the Maastricht criteria on the basis of definite, independent, current, reliable, and high- quality data;
Amendment 13 #
2010/0135(NLE)
Draft legislative resolution
Paragraph 10 b (new)
Paragraph 10 b (new)
10b. Calls on the Commission and the ECB to report to Parliament on steps being considered to minimise asset inflation as a consequence of low interest rates;
Amendment 26 #
2009/2218(INI)
Motion for a resolution
Paragraph 3
Paragraph 3
3. Recalls the responsibility of the European Union in taking into account the interests of developing countries and their citizens to prevent the short-term interests of donor countries clashing with recipient countries’ development priorities;
Amendment 29 #
2009/2218(INI)
Motion for a resolution
Paragraph 4
Paragraph 4
4. Considers that all EU policy areas with an external impact must be designed to support the fight against poverty as well as the fulfilment of human rights, including social, economic and environmental rights and gender equality;
Amendment 53 #
2009/2218(INI)
Motion for a resolution
Paragraph 8
Paragraph 8
Amendment 77 #
2009/2218(INI)
Motion for a resolution
Paragraph 14
Paragraph 14
14. Calls for the cessation of export subsidies irrespective of the successful conclusion of the ‘ on the Commission to eliminate export subsidies by 2013 within the context of 'Doha Round’,' to avoid dumping of EU products on markets in developing countries and the economic loss that ithis generates;
Amendment 83 #
2009/2218(INI)
Motion for a resolution
Paragraph 16
Paragraph 16
Amendment 114 #
2009/2218(INI)
Motion for a resolution
Paragraph 26
Paragraph 26
26. DecideSuggests to draft a biennial European ParliamentP report on PCD; advisessuggests to all the committees to draft reports that address the development perspective of their respective committee;
Amendment 116 #
2009/2218(INI)
Motion for a resolution
Paragraph 27
Paragraph 27
27. Encourages the existing joint parliamentary assemblies, such as the ACP-EU Joint Parliamentary Assembly, to appoint standing rapporteurs for PCD and to draft an adraft a biennuial PCD report in order to detect policy incoherencies;
Amendment 26 #
2009/2150(INI)
Motion for a resolution
Paragraph 7
Paragraph 7
Amendment 36 #
2009/2150(INI)
Motion for a resolution
Paragraph 10
Paragraph 10
10. Notes that the IMF'’s membership has approved a USD 250 billion allocation of Special Drawing Rights (SDRs) and that only USD 18 billion of SDRs will go to developing countries; urges the Member States and the international community to explore the Soros proposal that the wealthy countries should allocate their SDRs to a fund for global public goods, such as the fight against climate change and against poverty;
Amendment 39 #
2009/2150(INI)
Motion for a resolution
Paragraph 12
Paragraph 12
12. Firmly believeConsiders that taxing the banking system to fund a deposit insurance or a resolution fund wouldmay not be a fair contribution from the financial sector to global social justice; calls instead for the possibilty of an international levy on financial transactions to make the overall tax system more equitable and to generate additional resources for financing development and global public goodsto be explored;
Amendment 43 #
2009/2150(INI)
Motion for a resolution
Paragraph 13
Paragraph 13
13. Notes with great concern that developing countries are expected to face a financial gap of between USD 350 billion and USD 635 billion in 2009 and that mounting fiscal distress in the most vulnerable countries is imperilling USD 11.6 billion of core spending in education, health, infrastructure and social protection; advocates therefore a three-year moratorium on debt repayments, including capital and interest, to enable developing countries to implement countercyclical fiscal policies to mitigate the severe effects of the crisis; proposes the establishment at international level of an independent and transparent body for debt arbitration;
Amendment 50 #
2009/2150(INI)
Motion for a resolution
Paragraph 15
Paragraph 15
15. Calls uponInvites the Member States, within the European Union Emission Trading System framework, to devote a fair share of the revenues generated from the auctioning of carbon emission allowances to support developing countries in coping with climate change, in accordance with Directive 2003/87/EC1; 1 Article 10 of Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a scheme for greenhouse gas emission allowance trading within the Community (OJ L 275, 25.10.2003, p. 32).Or. en
Amendment 63 #
2009/2150(INI)
Motion for a resolution
Paragraph 21
Paragraph 21
21. Reaffirms the fact that Economic Partnership Agreements (EPAs) should not only be regarded as an international trade instrument but also as a pro-development tool and urges the Commission to work towards a rapid conclusion of the negotiations, while taking into account the ways in which EPA provisions may impact on the ability of developing countries to cope with the crisis;
Amendment 7 #
2009/2149(INI)
Motion for a resolution
Recital D a (new)
Recital D a (new)
Da. whereas, in accordance with the joint Declaration on Democratic Scrutiny and Coherence of External Actions and the Declaration of the Commission on the Democratic Scrutiny and Coherence of External Actions attached to the Interinstitutional Agreement on budgetary discipline and sound financial management, the Commission committed itself ‘to take due account of the position of the European Parliament when implementing the strategies’,
Amendment 11 #
2009/2149(INI)
Motion for a resolution
Recital F b (new)
Recital F b (new)
Fb. whereas Article 290 of the TFEU states that a legislative act may delegate to the Commission the power to adopt non- legislative acts of general application to supplement or amend certain non- essential elements of the legislative act,
Amendment 15 #
2009/2149(INI)
Motion for a resolution
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Regrets that the committee set up under Article 35 of the DCI did not react to Parliament’s resolutions signalling that the Commission exceeded its implementing powers; urges the Member States to assume their responsibilities and to ensure, in close collaboration with Parliament, that the measures proposed by the Commission are in full compliance with the DCI prescriptions;
Amendment 17 #
2009/2149(INI)
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Considers that many country and regional strategy papers do not allocate sufficient resources to the DCI’s overarching goal of poverty eradication in the context of sustainable development, and that many documents lack clear indications of how far the proposed actions will contribute to the MDGs targets;
Amendment 27 #
2009/2149(INI)
Motion for a resolution
Paragraph 13
Paragraph 13
13. Calls for closer coordination between the Commission and Members States, so as to achieve the Treaty prescription of Article 210 TFEU, and supports the development of joint European strategy papers; believes that all EU programming documents for each country and region should include detailed and up-to-date donor matrices, as well as a special chapter on EU aid effectiveness, specifying actions taken to increase donor coordination, harmonisation and complementarity and improve division of labour amongst donors and particularly amongst EU Member States;
Amendment 29 #
2009/2149(INI)
Motion for a resolution
Paragraph 14 a (new)
Paragraph 14 a (new)
14a. Believes that support for vulnerable groups (women, people with disabilities, young and unemployed people, indigenous people), as well as for gender mainstreaming and for other ‘cross- cutting issues’ must be enhanced; insists that the DCI successor instrument requires clear benchmarks in programming documents to ensure that the impact of EU interventions in these areas can be measured;
Amendment 42 #
2009/2149(INI)
Motion for a resolution
Paragraph 22
Paragraph 22
22. Stresses that a new thematic programme on ‘Investing in People’ must put a focus on, but not be limited to, the achievement of those MDGs which are most off track, and in countriewith particular attention to countries and regions with critical MDG indicators;
Amendment 43 #
2009/2149(INI)
Motion for a resolution
Paragraph 22 a (new)
Paragraph 22 a (new)
22a. Believes that the new instrument should provide for a differentiated approach to funding for civil society organisations and local authorities; stresses the need to address the problem of over-subscription of the current programme and to respect the right of initiative of the organisations themselves; calls for the results of the Structured Dialogue to be fully reflected in the definition of the role of non-state actors and local authorities in the future instrument and the proposed aid modalities;
Amendment 239 #
2009/0064(COD)
Proposal for a directive
Recital 15
Recital 15
(15) Given that an AIFM may employing high levels of leverage inat their investment strategies level of the AIF and may, under certain conditions, contribute to the build up of systemic risk or disorderly markets, special requirements should be imposed on AIFM using certain techniques giving rise to particular riskemploying leverage on a systemically significant basis. The information needed to detect, monitor and respond to those risks has not been collected in a consistent way throughout the CommunityUnion, and shared across Member States so as to identify potential sources of risk to the stability of financial markets in the CommunityUnion. To remedy this situation, special requirements should apply to AIFM, which consistently use highemploy leverage at the levels of leverage in their investment strategies. Thosethe AIF on a systemically significant basis. Such AIFM should be obliged to disclose information regarding their use and sources of leverage. That information in their AIF. Information gathered by competent authorities should be aggregated and shared with other authorities in the CommunityUnion, so as to facilitate a collective analysis of the impact of the leverage of thoseAIF managed by AIFM on the financial system in the CommunityUnion, as well as a common response.
Amendment 248 #
2009/0064(COD)
Proposal for a directive
Recital 16
Recital 16
(16) Activities of AIFM based on the use of high levels of leverage could be detrimental to the stability and efficient functioning of financial markets. It is considered necessary to allow the Commission to impose limits on the level of leverage that AIFM could use, in particular in those cases where AIFM employ high levels of leverage on a systematic basisIt is considered necessary to allow the competent authorities of the home Member State of the AIFM to impose limits on the level of leverage that AIFM could employ in AIF where the stability and integrity of the financial system may be threatened. Those limits to the maximum amount of leverage should take into account aspects related to the source of leverage and the strategies employed by the AIFM, as well as the market conditions in which the AIF operates. They should also take into account the essentially dynamic nature of the management of leverage by most AIFM using a high level of leverage. I in this respect the limits to leverage could for example either consist in a threshold that should not be breached at any point in time or a limit on the average leverage employed during a given period (i.e. monthly or quarterly)eir AIF and possible pro-cyclical effects.
Amendment 482 #
2009/0064(COD)
Proposal for a directive
Article 3 – point l
Article 3 – point l
(l) ‘Leverage’ means any method by which the AIFM increases the exposure of an AIF it manages to a particular investments whether through borrowing of cash or securities, or leverage embedded in derivative positions or; the level of leverage shall bye any other meanssessed in all cases on an appropriately netted and risk-adjusted basis;
Amendment 492 #
2009/0064(COD)
Proposal for a directive
Article 3 – paragraph 1 a (new)
Article 3 – paragraph 1 a (new)
The Commission shall adopt delegated acts in accordance with Articles 49a, 49b and 49c with a view to clarifying the methods of leverage as defined in point (l) of the first paragraph and for the purpose of Article 21(4) specifying when leverage is considered to be employed on a systemically significant basis and how leverage shall be calculated.
Amendment 869 #
2009/0064(COD)
Proposal for a directive
Article 17 – paragraph 3
Article 17 – paragraph 3
3. The depositary shall be: (a) a credit institution having its registered office in the Community and be authorised in accordance with Directive 2006/48/EC of the European Parliament and Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions (recast).;
Amendment 879 #
2009/0064(COD)
Proposal for a directive
Article 17 – paragraph 3 – point a d (new)
Article 17 – paragraph 3 – point a d (new)
Amendment 884 #
2009/0064(COD)
Proposal for a directive
Article 17 – paragraph 3 – point a e (new)
Article 17 – paragraph 3 – point a e (new)
(ae) a legal person which is authorised by the competent authorities of the home Member State of the AIF to act as a depositary, which is subject to prudential regulation and ongoing supervision and which can ptovide sufficient financial an professional guarantees to be able to effectively perform the relevant depositary functions and meet the commitments inherent to those functions.
Amendment 1188 #
2009/0064(COD)
Proposal for a directive
Article 22
Article 22
Amendment 1205 #
2009/0064(COD)
Proposal for a directive
Article 23
Article 23
Amendment 1219 #
2009/0064(COD)
Proposal for a directive
Article 24
Article 24
Amendment 1240 #
2009/0064(COD)
Proposal for a directive
Article 25 – paragraph 2
Article 25 – paragraph 2
2. HThe competent authorities of the home Member States shall ensure that all information receivgathered under Article 241, aggregated in respect of all AIFM that ithey supervises, areis made available to other competent authorities of other Member States, to the ESMA and to the ESRB through the procedure set out in Article 46 on supervisory co-operation. ItThey shall, without delay, also provide information through this mechanism, and bilaterally to the competent authorities of other Member States directly concerned, if an AIFM under itstheir responsibility, or the AIF managed by that AIFM, could potentially constitute an important source of counterparty risk to a credit institution or other systemically relevant institution in those other Member States. Or. en Justification
Amendment 1249 #
2009/0064(COD)
Proposal for a directive
Article 25 – paragraph 3
Article 25 – paragraph 3
Amendment 1261 #
2009/0064(COD)
Proposal for a directive
Article 25 – paragraph 3 a (new)
Article 25 – paragraph 3 a (new)
Amendment 1264 #
2009/0064(COD)
Proposal for a directive
Article 25 – paragraph 3 b (new)
Article 25 – paragraph 3 b (new)
3b. The Commission shall adopt delegated acts in accordance with Articles 49a, 49b and 49c setting out principles clarifying the circumstances in which competent authorities would exercise the provisions in paragraph 3a, taking into account different strategies of AIF, different market conditions in which AIF operate and possible pro-cyclical effects following from exercising the provisions.
Amendment 1272 #
2009/0064(COD)
Proposal for a directive
Article 25 – paragraph 4
Article 25 – paragraph 4
Amendment 1 #
2008/2155(INI)
Motion for a resolution
Citation 31 a (new)
Citation 31 a (new)
- having regard to the conclusions of the Presidency of the European Council meeting in Brussels of 11 and 12 December 2008 concerning economic and financial questions,
Amendment 2 #
2008/2155(INI)
Motion for a resolution
Citation 31 b (new)
Citation 31 b (new)
- having regard to the EIB's "SME Consultation 2007/2008 Findings and Conclusions" and to the subsequent modernising and strengthening of the EIB Group's support for European SMEs,
Amendment 12 #
2008/2155(INI)
Motion for a resolution
Recital I a (new)
Recital I a (new)
Ia. whereas the Decision 2006/1016/EC on the EIB external mandate foresees EUR 25.8 billion of loans being available over the period 2007-2013 broken down by region as follows: Pre-Accession countries, including Croatia and Turkey EUR 8.7 billion; Mediterranean 8.7 billion; Eastern Europe, Southern Caucasus and Russia EUR 3.7 billion; Latin America EUR 2.8 billion; and Asia EUR 1 billion; and the Republic of South Africa EUR 0.9 billion,
Amendment 13 #
2008/2155(INI)
Motion for a resolution
Recital L a (new)
Recital L a (new)
Amendment 14 #
2008/2155(INI)
Motion for a resolution
Recital L b (new)
Recital L b (new)
Lb. whereas EBRD equity investments increased in 2007 from EUR 1 billion in 2006 to EUR 1.7 billion in 2007 and the equity share of the Bank's annual business volume increased from 20 per cent in 2006 to 30 per cent in 2007,
Amendment 15 #
2008/2155(INI)
Motion for a resolution
Recital P a (new)
Recital P a (new)
Pa. whereas the EIB Group continues to actively support SMEs via loans as well as venture capital and loan guarantees, the latter two activities through the European Investment Fund,
Amendment 16 #
2008/2155(INI)
Motion for a resolution
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Notes that the EIB is the only Treaty based financial institution and that the majority of its operations are concentrated on projects in the Members States, while it has an increasingly important role to play also outside of the EU's borders as stipulated in the Decision 2006/1016/EC;
Amendment 19 #
2008/2155(INI)
Motion for a resolution
Paragraph 1 b (new)
Paragraph 1 b (new)
1b. Welcomes the decision by the EIB to increase its total lending volume by some 30% (EUR 15 billion) in both 2009 and 2010 in order to mitigate the current financial and economic crisis in response to the request of Member States and the decision to increase the EIB's subscribed capital by some EUR 67 billion to EUR 232 billion;
Amendment 24 #
2008/2155(INI)
Motion for a resolution
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Notes that EIB borrowing and lending activity both inside and outside the EU has progressively increased and constitutes today the main tool for borrowing (i.e. issuing of bonds) and lending activity at EU level; takes the view that the EIB should maximize this borrowing potential by continuing to issue bonds - in particular euro dominated bonds - both inside and outside the EU in order to support EU policy objectives as a public policy-driven bank;
Amendment 30 #
2008/2155(INI)
Motion for a resolution
Paragraph 3
Paragraph 3
3. Notes with satisfaction the systematic follow-up undertakendone by the EIB on Parliament's recommendations in recent yearsrecommendations from the European Parliament in recent years. Recommends that this follow-up be made available to the general public in context of the EIB Annual Report;
Amendment 33 #
2008/2155(INI)
Motion for a resolution
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Welcomes the development and publication of the EIB sectoral operational policies in the energy, transport, and water sectors made in 2007 and recognises them as an important step towards increasing the transparency of the EIB lending operations;
Amendment 35 #
2008/2155(INI)
Motion for a resolution
Paragraph 3 b (new)
Paragraph 3 b (new)
Amendment 36 #
2008/2155(INI)
Motion for a resolution
Paragraph 3 c (new)
Paragraph 3 c (new)
3c. Welcomes the review of the EIB Statement on Environmental and Social Standards and Principles made in 2008. Takes the view that the Bank should allocate sufficient resources for the implementation of the new Statement and produce a report on its functioning;
Amendment 38 #
2008/2155(INI)
Motion for a resolution
Paragraph 3 d (new)
Paragraph 3 d (new)
3d. Welcomes the progress made by the EBRD in introducing gender mainstreaming in 2008; urges both banks to strengthen the mainstreaming of gender equality in their institutional structures and external policies;
Amendment 39 #
2008/2155(INI)
Motion for a resolution
Paragraph 3 e (new)
Paragraph 3 e (new)
3e. Calls on the European Council to urgently explore a role for the EIB in a European Economic Recovery Plan along the lines of the Marshall Plan;
Amendment 45 #
2008/2155(INI)
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Notes that the EBRD operates primarily outside of the border of the Union, but that some operations continue to remain important also in EU Member States;
Amendment 46 #
2008/2155(INI)
Motion for a resolution
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Welcomes the decision of the EBRD to increase the Bank’s annual business volume in 2009 of about 20 per cent to approximately EUR 7 billion in order to mitigate the current financial and economic crisis and notes that half of the 1 billion in extra spending in 2009 is earmarked for central and Eastern Europe;
Amendment 49 #
2008/2155(INI)
Motion for a resolution
Paragraph 11 – point a
Paragraph 11 – point a
(a) both banks have an improved functional division of labour on a path towards greater specialisation in order to focus on their respective skills and strengths, such as large-scale financing capacities by EIB and local level presence and knowledge by EBRD;
Amendment 57 #
2008/2155(INI)
Motion for a resolution
Paragraph 11 a (new)
Paragraph 11 a (new)
11a. Recommends that the shareholders of the EIB consider an increase of the banks ownership of the EBRD, in particular in the case that a current shareholder of the EBRD is considering a withdrawal of its ownership in the bank; considers that this may in the longer run support better coherence of policies and specialisation of the two banks both from a functional and a geographical point of view;
Amendment 60 #
2008/2155(INI)
Motion for a resolution
Paragraph 12 a (new)
Paragraph 12 a (new)
12a. Recalls the importance of the agreement stipulated in the "The European Consensus" according to which there should be a strengthening of the synergies between the programmes supported by the EIB and other financial institutions and those financed by the Community in order to guarantee a maximum impact for the beneficiary countries; stresses the need to take the interest of the beneficiaries as the main guideline;
Amendment 85 #
2008/2155(INI)
Motion for a resolution
Paragraph 20
Paragraph 20
20. Recommends thea rapid establishment of an inter-institutional groupagreement between the Parliament, the Council and the Commission to discuss how to proceed after the judgmentfollowing the ruling of the Court (case C-155/07) without endangering the continuity of the external financial operations of the EIB; recommends that the EIB take part in those discussions as an observer;
Amendment 93 #
2008/2155(INI)
Motion for a resolution
Paragraph 22
Paragraph 22
22. Recommends, therefore, tohat the Steering Committee for the purposes of the mid- term review, that it finalise its work bin early 20109 and invites the Chairman of the Committee to report on its conclusions to the Parliament soon thereafter; rRequests that Parliament participation on the Steering Committee, at least at an observer levelto be regularly informed of developments by the Steering Committee;
Amendment 2 #
2008/2128(INI)
Motion for a resolution
Citation 23 a (new)
Citation 23 a (new)
- having regard to the signature of the UN Convention on the Rights of Persons with Disabilities by the European Community as well as by the EU Member States
Amendment 19 #
2008/2128(INI)
Motion for a resolution
Recital O
Recital O
O. whereas the eligibility criteria for MDG contracts include compliance with Article 96 of the Cotonou Agreement on human rights, democratic principles and the rule of law,
Amendment 20 #
2008/2128(INI)
Motion for a resolution
Recital R
Recital R
R. whereas the Commission envisages that, to be eligible, countries should have achieved satisfactory macro-economic results and budgetary management results when implementing budget support, thereby differing from other aid donors, such as the IMF or the World Bank, which attach many conditions to their aid in order to impose economic policies which have hitherto done more harm than good to the people of the countries concerned,
Amendment 23 #
2008/2128(INI)
Motion for a resolution
Recital U
Recital U
U. whereas the fundamental principle of development aid is to provide aid to those who need it most and to where it can be put to the most efficient use,
Amendment 28 #
2008/2128(INI)
Motion for a resolution
Recital W a (new)
Recital W a (new)
Wa. whereas there are 650 million persons with disabilities, of whom 80% live in developing countries and 1 in 5 lives in extreme poverty; considering that they constitute one of the largest groups of excluded and poor, facing multiple discrimination and rarely having access to education and health care,
Amendment 29 #
2008/2128(INI)
Motion for a resolution
Recital W b (new)
Recital W b (new)
Wb. whereas under the ‘general obligations’, and in particular article 32 of the UN Convention on the Rights of Persons with Disabilities, signatories are obliged to take disability into account in their development cooperation,
Amendment 30 #
2008/2128(INI)
Motion for a resolution
Recital W c (new)
Recital W c (new)
Wc. whereas the MDGs will not be achieved by 2015 without giving due consideration to the inclusion and participation of persons with disabilities,
Amendment 32 #
2008/2128(INI)
Motion for a resolution
Recital W c (new)
Recital W c (new)
Wc. whereas the implementation report of the EU-Africa Strategy of 22 November 2008, notably paragraph 37, identifies the apparent lack of action with regard to the situation of persons with disabilities in efforts to achieve the MDGs,
Amendment 33 #
2008/2128(INI)
Motion for a resolution
Paragraph 1
Paragraph 1
1. Reasserts that development aid should be based on need and performance and development aid policy should be geared to itsdesigned in partnership with the recipient countries;
Amendment 35 #
2008/2128(INI)
Motion for a resolution
Paragraph 4
Paragraph 4
4. Calls on the Commission to continue to link its aid to the results achieved in the health and education sectors, and in particular basic health care and primary education, to the results achieved; also calls on the Commission to specify the importance which will be attached to countries' performance in these sectors compared to a wider range of indicators, and how it intends to assess the progress achieved in these fields;
Amendment 37 #
2008/2128(INI)
Motion for a resolution
Paragraph 12
Paragraph 12
12. Calls onAsks the Commission and the recipientbeneficiary countries to ensure thate involvement of their parliaments and civil society are involved, including disabled people's organisations, in every stage of the budget support dialogue, including the formulation, implementation and assessment of the programme established in the MDG contract;
Amendment 38 #
2008/2128(INI)
Motion for a resolution
Paragraph 13
Paragraph 13
13. Stresses that donors, rather than imposing strictunilateral conditions on recipients, should seek to find the best means of promotinge good governance, democracy and stability in recipient countries through transparent criteria established in partnership with these countries;
Amendment 39 #
2008/2128(INI)
Motion for a resolution
Paragraph 18
Paragraph 18
18. Calls on the Commission to make its budget support conditional on results achieved with regard not only in the field of good governance and transparency, but also in terms of defending and upholding human rights, particularly of the most poor and marginalised such as persons with disabilities, minorities, women and children, and to ensure that budget support is not provided for sectors other than those specified in the MDG contract;
Amendment 43 #
2008/2128(INI)
Motion for a resolution
Paragraph 22
Paragraph 22
22. Recommends that MDG contracts should also be available to countries covered by the development cooperation instrument (DCI) and recommends that the Commission create advantages for countries which are not covered by MDG contracts;
Amendment 45 #
2008/2128(INI)
Motion for a resolution
Paragraph 26
Paragraph 26
26. Calls onAsks the Commission, togetherin collaboration with the partner countries, to ensure thatmatch every draft MDG contract is accompanied bywith a series of performance indicators by which thin order to evaluate progress achieved byin the implementingation of the contract can be measured; The inclusion of persons and children with disabilities should also be measured by these indicators;
Amendment 46 #
2008/2128(INI)
Motion for a resolution
Paragraph 27
Paragraph 27
27. Draws the Commission's attention to the fact that it is essential for the Commission toshould ‘imperativement’ continue to link its budget support to the recipient countries' performance with regard to taking the gender dimension into acresults in beneficiary countries related to gender and the promotion of women’s rights, and asks that the performance indicators be strengthened in this area in the MDG count and promoting women's rightracts to expand to other spheres such as women’s rights and the rights of persons with disabilities;
Amendment 12 #
2008/2122(INI)
Motion for a resolution
Recital H a (new)
Recital H a (new)
Ha. whereas there is a need to recognise the unique structure of financial services providers existing across the EU such as credit unions which are non-bank financial institutions mobilising members' deposits for micro-lending and these unique structures should not a priori exclude them from relevant micro-credit funding programmes.
Amendment 3 #
2008/2050(INI)
Motion for a resolution
Recital C
Recital C
C. whereas financing for development should be defined as the most cost- effective way to respond to the world's development needs and global insecurities,
Amendment 4 #
2008/2050(INI)
Motion for a resolution
Recital E
Recital E
E. whereas the EU is the biggest donor ofworld's biggest aid don the global scaleor, a major shareholder in the international financial institutions, and the most important trading partner for developing countries,
Amendment 7 #
2008/2050(INI)
Motion for a resolution
Recital I
Recital I
I. whereas significant new development challenges have emerged since 2002recently emerged, including climate change, structural changes in commodity markets and in particular those for food and oil, and important new trends in South- South cooperation, including support for infrastructure by China in Africa and lending by the Brazilian Development Bank BNDES in Latin America,
Amendment 9 #
2008/2050(INI)
Motion for a resolution
New Recital I a (new)
New Recital I a (new)
Ia. Whereas financial services in many developing countries are underdeveloped as a result of many factors including restrictions on supply of services, lack of legal certainty and property rights,
Amendment 11 #
2008/2050(INI)
Motion for a resolution
Paragraph 2
Paragraph 2
2. Calls on Member States to implementplace a clear division between development spending and spending on foreign policy interests and in this regard ODA should be in line with the criteria for ODA established by the Development Assistance Committee of the Organisation for Economic Co- operation and Development (OECD/DAC) and the OECD/DAC recommendations on untying ODA;
Amendment 22 #
2008/2050(INI)
Motion for a resolution
Paragraph 9
Paragraph 9
9. Views as totally unacceptable the discrepancy between the frequent pledges of increased financial assistance and the considerably lower sums that are actually disbursed and is concerned that some Member States are demonstrating aid fatigue;
Amendment 25 #
2008/2050(INI)
Motion for a resolution
Paragraph 12
Paragraph 12
12. EmphasisesStrongly calls for the clear observance of the principles of responsible lending and financing, among traditional donors and emerging South- South donors, to make lending and financing operations sustainable in terms of economic and environmental development along and in line with the equator principles; calls on the Commission to participate in establishing such principles and press in international fora for binding measures to put them into practice in such a way that their coverage extends to new development actors from public and private sectors;
Amendment 52 #
2008/2050(INI)
Motion for a resolution
New paragraph
New paragraph
Calls for a redoubling of efforts to encourage the development of financial services, considering that the banking sector has the potential to unleash local financing for development and that furthermore a stable financial services sector is the best way to combat capital flight;
Amendment 53 #
2008/2050(INI)
Motion for a resolution
New paragraph
New paragraph
Calls on all stakeholders to appreciate fully the enormous potential of revenues from natural resources; in this regard sees it as essential that resource industries are transparent; considers that, while the Extractive Industries Transparency Initiative (EITI) and the Kimberley Process are moving in the right direction, much more needs to be done to encourage the transparent management of resource industries and their revenues;
Amendment 4 #
2008/2004(INI)
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Considers that trade in services is a necessary complement to trade in goods and that they should not be considered as distinct from one another;
Amendment 5 #
2008/2004(INI)
Draft opinion
Paragraph 1 b (new)
Paragraph 1 b (new)
1b. Considers that the service economy has become the most quantitatively important economic sector in the OECD economies and that increased trade and availability of services will increase economic growth and facilitates business growth and development, improving the performance of other industries, as services provide key intermediate inputs especially in an increasingly interlinked globalised world;
Amendment 7 #
2008/2004(INI)
Draft opinion
Paragraph 2
Paragraph 2
2. Recognises that achieving market access for services is a difficult process within the ongoing WTO/Doha Development Agenda negotiations; calls on the Commission to pursue a balanced package with an ambitious offer in services, especially in financial services, where the European Union has a strong potential for growth;
Amendment 26 #
2008/2004(INI)
Draft opinion
Paragraph 6
Paragraph 6
6. Considers that access to financial services (micro credits, access to bank accounts and, basic banking services, mortgages, leasing and factoring, insurance, pensions and local and international transfers), in particular, is necessary for individuals in developing countries to engage in basic economic activities, and therefore asks the Commission to promote better market access for financial services in developing countries and to encourage sound prudential regulation, the development of competitive markets and financial services education.
Amendment 144 #
2008/0191(COD)
Proposal for a directive – amending act
Article 1 – point 27
Article 1 – point 27
Directive 2006/48/EC
Article 122a – paragraph 1 – introductory part
Article 122a – paragraph 1 – introductory part
1. A credit institution shall only be exposed to the credit risk of an obligation or potential obligation or a pool of obligations or potential obligations where it was not involved in directly negotiating, structuring and documenting the original agreement which created the obligations or potential obligations, if and provided that the said commitment is from either a credit institution or a corporate entity which has total liabilities (including contingent liabilities) that do not exceed eight times own funds:
Amendment 164 #
2008/0191(COD)
Proposal for a directive – amending act
Article 1 – point 27
Article 1 – point 27
Directive 2006/48/EC
Article 122a – paragraph 2 – subparagraph 1 – introductory part
Article 122a – paragraph 2 – subparagraph 1 – introductory part
2. Paragraph 1 shall not apply to obligations or potential obligations that constitute claims or contingent claims on or wholly, unconditionally and irrevocably guaranteed by:
Amendment 185 #
2008/0191(COD)
Proposal for a directive – amending act
Article 1 – point 27
Article 1 – point 27
Directive 2006/48/EC
Article 122a – paragraph 4 – introductory part
Article 122a – paragraph 4 – introductory part
4. Before investing and on an ongoing basis, credit institutions shall be able to demonstrate at all times, prior to investing and thereafter, to the competent authorities for each of their individual securitisation positions that they have a comprehensive and thorough understanding of and have implemented formal policies and procedures for analysing and recording, in writing
Amendment 205 #
2008/0191(COD)
Proposal for a directive – amending act
Article 1 – point 27
Article 1 – point 27
Directive 2006/48/EC
Article 122a – paragraph 4 – point g
Article 122a – paragraph 4 – point g
(g) all the structural features of the securitisation that can materially impact the performance of the credit institution's securitisation position. To this end, credit institutions shall prior to investing and regularly thereafter perform and record appropriate stress tests, such stress tests to be conducted independently of the ECAI or ECAIs who have rated the securitisation and to be based on all relevant information provided by the originator for this purpose. and provided in the same format as it was provided to the ECAI.
Amendment 220 #
2008/0191(COD)
Proposal for a directive – amending act
Article 1 – point 27
Article 1 – point 27
Directive 2006/48/EC
Article 122a – paragraph 7 – save for last sentence
Article 122a – paragraph 7 – save for last sentence
7. Sponsor and originator credit institutionsThe relevant credit institution or corporate entity shall disclose to investors the level of their commitment under paragraph 1 to maintain a net economic interest in the securitisation. Sponsor and originator credit institutionsThe relevant credit institution or corporate entity shall ensure that prospective investors have readily available access to all materially relevant data on the credit quality and performance of the individual underlying exposures, cash flows and collateral supporting a securitizsation exposure as well as such information that is necessary to conduct comprehensive and well informed stress tests on the cash flows and collateral values supporting the underlying exposures.
Amendment 27 #
2008/0082(COD)
Proposal for a directive – amending act
Article 1 – point -1 b (new)
Article 1 – point -1 b (new)
Directive 98/26/EC
Recital 14 b (new)
Recital 14 b (new)
Amendment 48 #
2008/0082(COD)
Proposal for a directive – amending act
Article 2 – point 3 – subpoint a
Article 2 – point 3 – subpoint a
Directive 2002/47/EC
Article 3 – paragraph 1 – subparagraph 1a (new)
Article 3 – paragraph 1 – subparagraph 1a (new)
(a) In pParagraph 1, the following subparagraph is added: “W shall be replaced by the following: “1. Without prejudice to Article 1(5), when credit claims are provided as financial collateral, Member States shall not require that their creation, perfection, validity or, admissibility in evidence, of their provision as financial collateral under a financial collateral arrangementr enforceability be dependent on the performance of any formal act such as the registration or the notification of the debtor of the credit claim provided as collateral.” Member States may, however, maintain the performance of a formal act, such as registration or notification, for purposes of perfection, priority or enforceability against the debtor and/or third parties."
Amendment 72 #
2007/0143(COD)
Proposal for a directive
Recital 6 a (new)
Recital 6 a (new)
(6a) References in this Directive to insurance or reinsurance undertakings, should include captive insurance and captive reinsurance undertakings, except where specific provision is made for those undertakings.
Amendment 76 #
2007/0143(COD)
Proposal for a directive
Recital 12 a (new)
Recital 12 a (new)
(12a) In particular, the Solvency II regime should take account of the specific nature of captive insurance and reinsurance undertakings. As those undertakings cover only risks associated with the industrial or commercial group to which they belong, appropriate approaches should be provided in line with the principle of proportionality to reflect the nature, scale and complexity of their business.
Amendment 143 #
2007/0143(COD)
Proposal for a directive
Article 13 – point 1 a (new)
Article 13 – point 1 a (new)
(1a) 'captive insurance undertaking' means an insurance undertaking owned either by a financial undertaking other than an insurance or reinsurance undertaking or a group of insurance or reinsurance undertakings, or by a non- financial undertaking, the purpose of which is to provide insurance cover exclusively for the risks of the undertaking or undertakings to which it belongs or of an undertaking or undertakings of the group of which the captive insurance undertaking is a member;
Amendment 259 #
2007/0143(COD)
Proposal for a directive
Article 85 – paragraph 1 – point h
Article 85 – paragraph 1 – point h
(h) where necessary, simplified methods and techniques to calculate technical provisions, in order to ensure the actuarial and statistical methodologies referred to in point (a) and (d) are proportionate to the nature, scale and complexity of the risks supported by insurance and reinsurance undertakings including captive insurance and reinsurance undertakings.
Amendment 388 #
2007/0143(COD)
Proposal for a directive
Article 109 – paragraph 1 – subparagraph 1 – point j a (new)
Article 109 – paragraph 1 – subparagraph 1 – point j a (new)
(ja) the simplified calculations provided for specific sub-modules and risk modules, as well as the criteria that captive insurance and reinsurance undertakings are required to meet in order to be entitled to use each of these simplifications, as set out in Article 108.
Amendment 417 #
2007/0143(COD)
Proposal for a directive
Article 127 – paragraph 1 – point d
Article 127 – paragraph 1 – point d
(d) it shall have an absolute floor of 1 0: (i)EUR 2 200 000 EUR for non-life insurance and reinsurance undertakings and 2 000 000 EUR for life insurance undertakings. undertakings, save in the event that all or some of the risks included in one of the classes10 to 15 listed in point A of Annex 1 are covered, in which case it shall be no less than EUR 3 200 000, (ii) EUR 3 200 000 for life insurance undertakings, (iii) EUR 3 000 000 for reinsurance undertakings, except in the case of captive reinsurance undertakings, in which case the minimum capital requirement shall be no less than EUR 1 000 000.
Amendment 10 #
2006/0167(COD)
Proposal for a decision
Recital 3 e (new)
Recital 3 e (new)
(3e) EU principles and standards, derived from EU policy and law, and supplemented by other examples of international good practice, should be the guide for all projects financed by ECAs, and include a social and environmental impact assesment, which includes human rights and the standards incorporated in the body of EU environmental and social legislation relevant to the sectors and projects financed by ECAs.
Amendment 11 #
2006/0167(COD)
Proposal for a decision
Recital 3 f (new)
Recital 3 f (new)
(3f) ECAs should apply environmental and social impact assessment methodology throughout the project cycle to ensure the sustainability of all the projects they finance. Social and environmental risk calculation should be included in the assessments.
Amendment 12 #
2006/0167(COD)
Proposal for a decision
Recital 3 g (new)
Recital 3 g (new)
(3g) Environmental and Social Impact Assessment methodology that ensures compliance with ECA requirements should be fully consistent with the principles of the EU Sustainable Development Strategy, the Cotonou Agreement and the European Consensus on Development and should reflect the EU's commitment and obligations under the UN Framework Convention on Climate Change (UNFCCC), the UN Convention on Biological Diversity (CBD) as well as the attainment of the UN Millennium Development Goals (MDGs and the social, labour and environmental standards as embodied in international agreements.
Amendment 13 #
2006/0167(COD)
Proposal for a decision
Annex a (new)
Annex a (new)