7 Amendments of Wolf KLINZ related to 2018/2094(INI)
Amendment 6 #
Draft opinion
Paragraph 1
Paragraph 1
1. Welcomes the approach presented during plenary debates on the ‘Future of Europe’, whereby the future EU budget should promote European added value, ensure finances for new challenges and, continue supporting European solidarity, stability and growth as well as the modernisation of EU policies; and the respect and promotion of fundamental values as stated in articles 2 and 3 of the TEU;
Amendment 18 #
Draft opinion
Paragraph 2
Paragraph 2
2. Underlines the importance of commitment to the process of completing the Banking Union and the need to ensure openness and equal treatment of all Member States participating in the Banking Union; calls on the Commission to prioritise regulations over directives as the legislative tool for the Banking Union and financial services legislation in order to avoid creating fragmentation and having supervisors dealing with different national regimes;
Amendment 22 #
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Invites the Commission, with the help of the European Supervisory Authorities, to identify and remove obstacles to the internal market; is of the opinion that one of the main priorities of the Commission should be to effectively enforce EU legislation;
Amendment 25 #
Draft opinion
Paragraph 3
Paragraph 3
3. Emphasises the urgent need to complete the Capital Markets Union; stresses that deep and well-integrated capital markets are complementary to the Banking Union, due to its contribution to private risk-sharing, increasing economic convergence and helping to cushion future shocks, helping to cushion future shocks and potentially participating to a better allocation of funds where it is needed; calls for a comprehensive study on the most appropriate framework, including through treaty change if necessary, for the adoption of legislation, enforcement and review in the field of the Economic and Monetary Union, notably to better take into account the rapidly evolving nature of financial services; considers in this respect that enabling the European Supervisory Authorities to write "no action letters" is an interesting path;
Amendment 33 #
Draft opinion
Paragraph 4
Paragraph 4
4. Underlines the importance of continuing the process of deepening and completing the EMU in order to preserve the stability of the single currency and enhance the convergence of economic, fiscal and labour market policies among the Member States; reiterates that the Euro is the currency of the EU and that, with the exception of Denmark's opt-out, every single Member State is bound to adopt the Euro; is of the opinion that additional provisions for enhanced dialogue between the Member States whose currency is the euro are not necessary provided all the other Member States, with the exception of Denmark, commit themselves to a realistic and middle-term timeline to adopt the common currency, commonly agreed, with the help of the ECB; supports further steps in the development of the ESM and the common backstop to the Single Resolution Fund (SRF) as confirmed by the European Council;
Amendment 42 #
Draft opinion
Paragraph 5
Paragraph 5
5. Stresses the importance of the Reform Support Programme having in mind that the European Semester has been strengthened and streamlined, but the implementation of key reforms in the Member States is still slow and remains a priority; believes that Country Specific Recommendations should better steer, or even condition, access to European funds; welcomes the convergence facility which will provide an incentive and help Member States outside the euro area to implement reforms and fulfil the criteria for introducing the euro;
Amendment 69 #
Draft opinion
Paragraph 7 a (new)
Paragraph 7 a (new)
7a. Invites all the European institutions to enhance to an even greater extent their crucial communication efforts in order to inform and explain to Europe's citizens what they are doing;