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9 Amendments of Andreas SCHWAB related to 2010/2099(INI)

Amendment 1 #
Draft opinion
Paragraph 1
1. Citation of the Monti Report1 and Parliament’s resolution on ‘Delivering a Single market’2whereas it is essential to proper European economic governance that the internal market be completed as envisaged in the Monti Report1, 1 ‘A new strategy for the single market – at the service of Europe’s economy and society’, report to the President of the European Commission, by Professor Mario Monti, 9 May 2010. 2 P7_TA(2010)0186.
2010/09/22
Committee: IMCO
Amendment 5 #
Draft opinion
Paragraph 5
5. Complete the existing SGP, including a new system of governance, with a separate ‘Growth and Employment Pact’ based on real economic objectives including employment and investment, in order to give job creation equal importance to the control of public deficit, and also designed as a legal instrument based on article 121 TFEU (Recommendation 1, new indent),deleted
2010/09/22
Committee: IMCO
Amendment 9 #
Draft opinion
Paragraph 6
6. Establish an enhanced analytical surveillance framework (including a scoreboard with specific trigger values for early warning) with appropriate methodological tools and transparency for an effective multilateral surveillance based on key economic indicators (real and nominal), which may affect competitiveness positions, including, but not limited to, growth rate, composition of the national GDP, employment rate, real exchange rate developments, labour cost developments, current account/balance of payments developments, credit growth, capital formation and inflows, productivity developments, asset markets (including private debt and property markets) developments, and investment in R&D as a % of GDP, reduction of greenhouse gas emissions, rate of achievement of tertiary and secondary education and reduction of poverty (Recommendation 1, Indent 2),
2010/09/22
Committee: IMCO
Amendment 18 #
Draft opinion
Paragraph 9
9. Not to make the following recommendation: ‘launch the Excessive Deficit Procedure (EDP)/Excessive Debt Surveillance Procedure (EDSP) on the basis of gross debt levels. The EDF/EDSP including detailed regular reports on the debt dynamics and development, would be triggered for all Member States in which government debt level exceeds the 60% threshold and is not diminishing at satisfactory pace. The EDP would be on ‘stand-still’ as long as the country fulfils its MTFO and would be abrogated once the debt level is below 60.’ (deletion of Recommendation 2, Indent 1),deleted
2010/09/22
Committee: IMCO
Amendment 29 #
Draft opinion
Paragraph 12
12. Establish a euro-area-specific framework for reinforced monitoring focusing on excessive macro-economic divergences, price competitiveness, real exchange rates, credit growth and current account developments of the Member States concerned, and investment in R&D as a % of GDP, reduction of greenhouse gas emission, rate of achievement of tertiary and secondary education and reduction of poverty (Recommendation 3, Indent 1),
2010/09/22
Committee: IMCO
Amendment 34 #
Draft opinion
Paragraph 15
15. Rapid creation of a European Debt Agency by pooling part of Member States’ national public debt into a common system with a mutual guarantee, which would issue new debt at a single interest rate, thereby reducing the risk of speculative attacks as seen in the case of Greece. This agency could also issue collective public debt (Eurobonds) to finance specific European investment projects, ideally via the EU budget (Recommendation 4, new indent),deleted
2010/09/22
Committee: IMCO
Amendment 36 #
Draft opinion
Paragraph 15 a (new)
15a. Ask the Commission to consider setting up a ‘European Monetary Fund’ to complement the Stability and Growth Pact in its function of controlling the budget situation in Member States. The fund could be financed by contributions from the euro area countries, pro rata with GDP, and fines proportionate to levels of debt and deficit. The Member States could request assistance from the fund to a level equivalent to their contributions to it,
2010/09/22
Committee: IMCO
Amendment 44 #
Draft opinion
Paragraph 18
18. Continue efforts regarding EU tax harmoniscoordination. (Recommendation 5, new indent).
2010/09/22
Committee: IMCO
Amendment 45 #
Draft opinion
Paragraph 18 a (new)
18a. As well as aligning national budget timetables, and in the context of the ‘Union Semester’, ensure better working coordination between the European Parliament, with its enhanced budgetary powers, and the national parliaments. The Council and the Commission should consult Parliament on the broad economic policy guidelines, on the employment guidelines and on the indicators used as a basis for national reform programmes.
2010/09/22
Committee: IMCO