Activities of Syed KAMALL related to 2011/2288(INI)
Shadow reports (1)
REPORT on the attractiveness of investing in Europe PDF (288 KB) DOC (190 KB)
Amendments (10)
Amendment 1 #
Motion for a resolution
Citation 22 a (new)
Citation 22 a (new)
- having regard to the European Parliament resolution of 13 December 2011 on trade and investment barriers (2011/2115(INI))4 __________________ 4 Text adopted P7_TA-PROV(2011)0565
Amendment 26 #
Motion for a resolution
Recital F
Recital F
F. whereas the European sovereign debt and roll-over risks, as well as deficiencies and barriers to trade and to the completion of the internal market, including non-tariff barriers and data restrictions, may limit the EU region's ability to attract both European and international investors;
Amendment 29 #
Motion for a resolution
Recital G
Recital G
G. whereas, as shown in the Commission's Alert Mechanism Report (COM (2012)0068), national budget constraints and high unemployment rates highlight the need, especially with regard to current account balances, export market shares and private and public debt, to introduce effective structural reforms in order to improve the business environment, while cutting red tape and optimising the added value of the structural funds and the European Investment Bank's activities, especially in the countries benefitting from the European neighbourhood policy;
Amendment 43 #
Motion for a resolution
Paragraph 2 – point 1 (new)
Paragraph 2 – point 1 (new)
(1) Urges the Commission to improve international regulatory cooperation, including in multilateral fora, and convergence of regulatory requirements on the basis of international standards and, where possible, engage in regulatory dialogue to address existing or potential future barriers to trade with a view to limiting disputes and associated trade costs;
Amendment 55 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Recalls that excessively reducing public investment due to the fiscal crisis in crucial sectors such as health, education, research and infrastructures canould adversely affect competitiveness and attractiveness to investors, especially if this becomes a long-term pattern;
Amendment 66 #
Motion for a resolution
Paragraph 12
Paragraph 12
Amendment 69 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Welcomes the ECB's longer-term refinancing operations (LTRO); cCalls on the ECB to further act in a decisive way in addressing the current euro-area debt crisis by maintaining price stability while at the same time minimising negative spill-over effects on the real economy and on the investments that the banking sector's liquidity problems could generate;
Amendment 79 #
Motion for a resolution
Paragraph 17 a (new)
Paragraph 17 a (new)
17 a. Calls on the Commission to take any appropriate measures to improve the third country regimes embedded in financial services regulation in view of the need to attract foreign investment, including private equity and venture capital, to the Union's single market; considers, in this regard, that improving the regulatory structures in relation to third country regimes in financial services regulation becomes a horizontal priority;
Amendment 84 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Expresses concern about the high youth unemployment figures observed in a number of Member States and the negative employment prospects; notes with concern the EU's limited ability to attract high- quality human capital while there are significant human capital flows from the EU towards the third world; considers, in this regard, that the EU should step up its efforts to achieve the employment objectives of the EU 2020's strategy for smart, sustainable and inclusive growth by focusing, amongst other, on reducing red tape and labour costs for EU companies, including through shifting taxes away from labour, and by implementing flexicurity principles;
Amendment 89 #
Motion for a resolution
Paragraph 22
Paragraph 22
22. Calls for greater fiscal coordination, on both the revenue and expenditure sides; eExpresses concern about the heavy administrative burdens and high tax compliance costs that European businesses are facing, which create disincentives for investment in the EU; asks the Commission and Member States to cooperate further on their respective tax policies against double taxation, double non-taxation, tax fraud, tax evasion and dumping, and to combat the use of tax havens for illicit purposes;