Activities of Gunnar HÖKMARK related to 2017/2226(INI)
Plenary speeches (1)
European Semester for economic policy coordination: Annual Growth Survey 2018 - European Semester for economic policy coordination: employment and social aspects in the Annual Growth Survey 2018 (debate)
Amendments (20)
Amendment 13 #
Motion for a resolution
Recital A a (new)
Recital A a (new)
A a. Whereas the EU’s excessively low productivity and global competitiveness calls for structural reforms, continued fiscal efforts and investment in Member States in order to bring about sustained growth and employment and achieve upward convergence with other global economies and within the EU;
Amendment 17 #
Motion for a resolution
Recital A b (new)
Recital A b (new)
A b. Whereas growth has to an important degree relied upon unconventional and, in the long term, unsustainable monetary policies; whereas this supports the call for a three-pronged policy approach of growth-friendly investment, a full and consistent implementation of the Stability and Growth pact across Member States, and a particular focus on structural reforms;
Amendment 18 #
Motion for a resolution
Recital A c (new)
Recital A c (new)
A c. Whereas the EU’s insufficient level of global competitiveness and productivity calls for structural reforms in the Member States in order to bring about sustained growth;
Amendment 80 #
Motion for a resolution
Paragraph 1 a (new)
Paragraph 1 a (new)
1 a. Welcomes the Commission’s Annual Growth Survey 2018 reaffirming the strategy of a virtuous triangle of investment, structural reforms and responsible public finances; agrees that faster progress on the adoption of reforms, in line with the country-specific recommendations, is needed to deliver on growth and jobs;
Amendment 111 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Stresses the importance of a wage increase at European level in order to boost private consumption as the main support for growthdevelopments in line with productivity; points out the need to focus on the interaction between monetary, fiscal and incomes (including wage and profit development) policies rather than only fiscal issues;
Amendment 162 #
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5 a. Agrees that the economic upswing needs to be supported by investment and notes that there is still an investment gap in the euro area; recognises, however, that in some Member States investments already exceed the pre-crisis level;
Amendment 163 #
Motion for a resolution
Paragraph 5 b (new)
Paragraph 5 b (new)
5 b. Considers that reforms removing investment bottlenecks would allow for immediate support for economic activity and at the same time set the conditions for long-term growth;
Amendment 225 #
Motion for a resolution
Paragraph 9 a (new)
Paragraph 9 a (new)
9 a. Stresses that the lack of competitiveness and investment in the EU is linked to a general tax burden that is 10 to 15 % higher than in competing markets, creating tax wedges on companies, investments and labour;
Amendment 227 #
Motion for a resolution
Paragraph 9 b (new)
Paragraph 9 b (new)
9 b. Agrees that high taxation is a hindrance to investments and jobs; calls for reforms in taxation with a view to tackling the high tax burden on labour in Europe;
Amendment 236 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Regrets thatWelcomes the overall neutral fiscal stance proposed by Commission in the recommendations for the euro area, even though the fiscal stance is expected to be slightly expansionary in a number of Member States in 2018, does not appear to fully support and points out that the neutral fiscal stance presents an appropriate balance of debt sustainability requirements withe strengthening of economic growth and job creationupport for investment;
Amendment 240 #
Motion for a resolution
Paragraph 10 a (new)
Paragraph 10 a (new)
10 a. Underlines that the fiscal stances at national and euro-area level must balance the long-term sustainability of public finances in full compliance with the Stability and Growth Pact with short- term macroeconomic stabilisation;
Amendment 241 #
Motion for a resolution
Paragraph 10 b (new)
Paragraph 10 b (new)
10 b. Stresses the need improving the quality and management of national budgets by addressing the triggers for growth in line with Union fiscal rules;
Amendment 286 #
Motion for a resolution
Paragraph 15
Paragraph 15
Amendment 303 #
Motion for a resolution
Paragraph 15 a (new)
Paragraph 15 a (new)
15 a. Underlines that Member States needs to build own fiscal capacities on national level in order to increase stability and to counter economic shocks;
Amendment 317 #
Motion for a resolution
Paragraph 16 a (new)
Paragraph 16 a (new)
16 a. Shares the Commission’s view on the need for changes in labour market legislation that provide flexibility and security for both employees and employers, thereby increasing employment and ensuring sustainable growth;
Amendment 319 #
16 b. Considers that well-functioning, flexible labour markets have proven to be quicker to recover from the economic downturn;
Amendment 336 #
Motion for a resolution
Paragraph 17 a (new)
Paragraph 17 a (new)
17 a. Stresses that a step-by-step completion of the Banking Union shall aim at increasing resilience in the banking sector and contributing to financial stability;
Amendment 340 #
Motion for a resolution
Paragraph 18
Paragraph 18
Amendment 354 #
Motion for a resolution
Paragraph 18 a (new)
Paragraph 18 a (new)
18 a. Recognises that Member States have made progress in the area of fiscal policy and active labour market policies, while least progress was made in areas such as competition in services and the business environment; expects a greater commitment on the part of Member States to take the necessary policy actions based on the CSRs;
Amendment 355 #
Motion for a resolution
Paragraph 18 b (new)
Paragraph 18 b (new)
18 b. Considers that prudent fiscal policies play a fundamental role for the stability of the euro area and the Union as a whole; underlines that strong coordination of fiscal policies and compliance with the Union rules in this area are a legal requirement and key to the proper functioning of Economic and Monetary Union (EMU);