36 Amendments of Esther DE LANGE related to 2014/2249(INI)
Amendment 49 #
Motion for a resolution
Recital G a (new)
Recital G a (new)
Ga. whereas the unity of liability and control is a key prerequisite for the stability of any institutional set-up, and in particular with regard to economic, fiscal and monetary matters; whereas the EU economic policy is built on a strong national ownership of Member States, including the no-bail-out principle of Article 125 TFEU; whereas the increase of powers conferred to the European level implies an agreement on the decrease of national sovereignty of Member States;
Amendment 55 #
Motion for a resolution
Recital H
Recital H
H. whereas, if powers to the EU level were agreed to be expanded, the Commission’s role as the executive shcould be strengthened in the field of Economic and Monetary Policy by the creation of the position of EU Finance Minister, assisted by an EU Fiscal and Treasury administration, and by endowing it with the powers to implement and enforce any future and existing Economic and Monetary Union (EMU) instruments;
Amendment 71 #
Motion for a resolution
Recital J
Recital J
J. whereas the existing economic governance system is not yet strong enough to tackle all potential future crises and shocks as it should, nor is it yet sufficiently good, when thoroughly applied and correctly enforced, provides an effective and strong toolkit to tackle existing crises and strengthen the resilience of the EU and the Eurozone in case of all potential future crises and shocks as it should, in particular to prevent a reoccurrence of the sovereign debt crisis; whereas the EU and Member States efforts aiming at generating higher competitiveness, structural convergence among its members, sustainable growth and social cohesion should be combined; whereas, therefore, progress towards the completion of the EMU should be sustained, as well as efforts to render its institutional structure more legitimate and democratically accountable;
Amendment 78 #
Motion for a resolution
Recital K
Recital K
K. whereas the Fiscal Compact and its budgetary and economic partnership programme should be incorporated into the EU legal framework on the basis of; whereas an assessment of experience with its implementation and enforcement should be carried out;
Amendment 92 #
Motion for a resolution
Recital M
Recital M
M. whereas the Union needs a new legal act onreinforcement of the application and enforcement of the existing economic policy framework, including the adoption of Convergence Guidelines, as well as somewhich lay down the implementation of crucial structural reforms in the areas of competitiveness, growth and social cohesion;
Amendment 114 #
Motion for a resolution
Recital P
Recital P
P. whereas the Union should be endowed with increased investment capacity by ensuring better use of the existing structural funds, by using the European Strategic Investment Fund and by fully implementing the existing six-pack and two-pack legal framework;
Amendment 126 #
Motion for a resolution
Recital Q
Recital Q
Q. whereas a limited part of the EU budget shcould be used to establish a fiscal capacity within the eurozone solely in order to assist Member States in the implementation of agreed structural reforms based on certain conditions; whereas this additional fiscal capacity should be placed outside the ceilings of the MFF and should be financed by genuine own resources;
Amendment 168 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Notes that the European Union and its Member States are facing unprecedented challenges, such as the refugee crisis, the foreign policy challenges in the immediate neighbourhood and the fight against terrorism, as well as globalisation, climate change, the causes and consequences of the financial and debt crisis, the lack of competitiveness and the social consequences in several Member States, and the need to reinforce the EU internal market, which have so far been inadequately addressed;
Amendment 319 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. Calls forBelieves that the creation of the position of European Finance Minister, combining the roles of a permanent President of the Eurogroup and Commission Vice-President (VP) for Economic and Financial Affairs, could not be pursued through an Interinstitutional Agreement between Parliament, Council and Commission, as Interinstitutional Agreements only allow for a specification of existing legal frameworks; recalls that the unity of liability and control is a key prerequisite for the stability of any institutional set-up, and in particular with regard to economic, fiscal and monetary matters, and points to the current set-up of budgetary sovereignty and ownership of Member States;
Amendment 328 #
Motion for a resolution
Paragraph 22
Paragraph 22
22. Demands that the Council switches completely to QMV voting, which requires a Treaty change, and that it abandons the practice of transferring contentious legislative fields to the European Council, as this goes against the letter and the spirit of the Treaty, which stipulates that the European Council can only decide unanimously, and should only do so, on broad political goals, not on legislation;
Amendment 349 #
Motion for a resolution
Paragraph 25
Paragraph 25
25. Suggests, on the basis of Article 352 TFEU, the creation of an EU Fiscal and Treasury Administration, with a role similar to that of the Congressional Budget Office in the United States, in order to support the EuropeInsists that the Vice-Presidents for the Euro and Social Dialogue and the Commissioner for Economic and Monetary Affairs should be granted with all necessary means and capacities to apply and to enforce the existing economic governance framework, without political interference, and without any differentiation in the application of rules on large and small Member States; calls for an Finance Ministerdependent chief economist in DG ECFIN whose work shall be made public;
Amendment 360 #
Motion for a resolution
Paragraph 26
Paragraph 26
26. Insists on ensurings cautious on proposals towards a single representation of the EU/eurozone within the International Monetary Fund (IMF), the World Bank and other international financial institutions (Article 138 TFEU) by its Finance Minister/VP of the Commission and the President of the European Central Bank (ECB)which may foster the EU credibility in the external perception of the EU institutions, but at the same time leads to a reduced influence, in particular with regard to voting rights, in an increasingly competitive global sphere;
Amendment 367 #
Motion for a resolution
Paragraph 27
Paragraph 27
27. Recalls that the Commission, the Member States and Parliament must ensure better application and implementation of European Union law;
Amendment 415 #
Motion for a resolution
Paragraph 31
Paragraph 31
31. Recalls that any further development of the EMU should be based onin line with, and build on, existing legislation and its implementation;
Amendment 423 #
Motion for a resolution
Paragraph 32
Paragraph 32
32. Calls for further institutional reforms in order to provide the EMU with an effective and democratic economic government with improved capacities for structural and economic reforms and integrated within the institutional framework of the Union, whereby the Commission acts as the executive and Parliament and Council as co-legislators, as outlined below;
Amendment 438 #
Motion for a resolution
Paragraph 33
Paragraph 33
33. Insists on the adoption of Convergence Guidelines, to be enshrined within a Convergence Code and adopted under the ordinary legislative procedure, if this procedure is compliant with the Treaties, with a view to creating a more binding framework for economic policy coordination (with key economic, competitiveness and social targetpolicies, such as in the areas of labour markets, competitiveness, business environment and public administrations, aspects of tax policy and social protection) that is open to all 28 Member States and that guarantees them the possibility of participating in a shock-absorption mechanism, while keeping priority to the facts that budgetary deficits in Member States must be offset with surpluses in order to achieve a budget which is in balance or in surplus over the medium term, and that further debt reduction is required to ensure rapid progress towards compliance with the debt ceiling of 60%;
Amendment 446 #
Motion for a resolution
Paragraph 34
Paragraph 34
34. Believes that a limitedn essential number of crucial areas for structural reforms that increase competitiveness, the growth potential, real economic convergence and social cohesion over a five-year period to strengthen the European social market economy, as outlined in Article 3 (3) TEU, should be laid down;
Amendment 451 #
Motion for a resolution
Paragraph 36
Paragraph 36
36. Calls for better use of available instruments in conjunction with Article 136 TFEU to facilitate the adoption and implementation of new measurenforcement of existing rules in the eurozone;
Amendment 452 #
Motion for a resolution
Paragraph 36 a (new)
Paragraph 36 a (new)
36a. Calls for the creation of a framework for an orderly sovereign default procedure to reconcile Article 125 TFEU and existing stabilisation instruments such as the ESM;
Amendment 457 #
Motion for a resolution
Paragraph 37
Paragraph 37
37. Points out the need for fewer and more targeted and binding Country Specific Recommendations (CSR), based on the policy framework set out in the Convergence Code and the Annual Growth Survey (AGS), and on the concrete proposals presented by each Member State, in line with their respective key reform objectives, from a broad range of structural reforms, fostering competitiveness, real economic upward convergence and social cohesion;
Amendment 461 #
Motion for a resolution
Paragraph 38
Paragraph 38
38. Insists on formalising Parliament’s scrutiny role in the European Semester through an interinstitutional Agreement, including by involving it formally in the adoption of the AGS;
Amendment 480 #
Motion for a resolution
Paragraph 41
Paragraph 41
41. Considers it necessary to have an overall assessment of the budgetary situations and prospects in the EU and the eurozone as a whole, of the individual Member States in the eurozone and of all members of the fiscal compact, ahead of the spring European Council, while ensuring that it is the individual Member States which are obliged to comply with the requirements of the Sixpack and Twopack;
Amendment 485 #
Motion for a resolution
Paragraph 42
Paragraph 42
42. Calls for the integration of the Fiscal Compact and its budgetary and economic partnership programme into the EU legal framework on the basis ofand for an assessment of the experience with its implementation and enforcement;
Amendment 511 #
Motion for a resolution
Paragraph 45
Paragraph 45
45. Calls for better use of the existing structural funds in the direction of fostering competitiveness and cohesion, and for the increation of an increasedse of the EU investment capacity through the exploitation of innovative approaches such as the European Fund for Strategic Investments, or through the creation of awhich includes specific facilityies to finance and guarantee infrastructure projects in the interest of the Union;
Amendment 522 #
Motion for a resolution
Paragraph 46
Paragraph 46
46. Insists on the full and strict implementation and enforcement of the existing six-pack and two-pack framework and of the European Semester to address, in particular, macroeconomic imbalances, and secure long-term control over within Member States, and secure the medium- and long-term decrease of the deficits and still extremely high levels of debt by improving spending and tax collection efficiency, prioritising productive investments, providing incentive to structural reform and taking into account business cycle conditionfostering private investments, consolidating public budgets and implementing agreed structural reforms; ;
Amendment 540 #
Motion for a resolution
Paragraph 48
Paragraph 48
48. ProposeConsiders the establishment of a fiscal capacity within the eEurozone solely in order to assist Member States in the implementation of agreed structural reforms, based on incentives and certain conditions, including the effective implementation of the National Reform Programmes agreed within the European Semester; considers that this could be done through the creation of a limited and conditional additional capacity and/or by earmarking funding from the existing EU budget for this purpose; underlines that any new instrument should be placed within the EU budget, but outside the ceilings of the MFF, and financed from real own resources;
Amendment 551 #
Motion for a resolution
Paragraph 49
Paragraph 49
49. Pledges to increasefoster the resilience of the EMU when facing economic shocks while preventing any form of permanent fiscal transfers; and believes that the Stability and Growth Pact is a powerful counter- cyclical instrument and leaves Member States with the necessary fiscal space for conducting an anti-cyclical policy, when properly implemented and correctly enforced;
Amendment 567 #
Motion for a resolution
Paragraph 51
Paragraph 51
51. Considers it necessary to incorporate the European Stability Mechanism into the Union legal framework and, as a potential next step, to transform it into a European Monetary Fund, but points to the fact that any further consideration on this matter requires a Treaty change;
Amendment 578 #
Motion for a resolution
Paragraph 52
Paragraph 52
52. Believes that the establishment of a European fiscal capacity and the European Monetary Fund armay be steps in the process of creating a European Treasury, which should be accountable to the European Parliament;
Amendment 582 #
Motion for a resolution
Paragraph 53
Paragraph 53
Amendment 601 #
Motion for a resolution
Paragraph 55
Paragraph 55
55. Calls for the rapisteps towards the application and completion of a Banking Union based on a single supervision mechanism (SSM) and a single resolution mechanism (SRM), and sustained by an adequate backstop; call with a strict application of the bail-in tool, and sustained by an adequate backstop whereby any backstop financing remains ultimately in the liability of the banks, including ex-post; appreciates, to this end, for a swiftthe agreement on an adequate bridge financing mechanism until the Single Resolution Fund becomes operational and calls for a European Insolvency Scheme is createdto enable orderly sovereign default procedures;
Amendment 603 #
Motion for a resolution
Paragraph 56
Paragraph 56
56. Considers it necessary to strengthen the level playing field inside the single market by creating a single rule book applicable to all banks in the EU, while ensuring proportionality in the rulebook and fostering diversity in the financial services sectors;
Amendment 610 #
Motion for a resolution
Paragraph 57
Paragraph 57
57. Calls for the establishment of a true capital markets union, with a single European capital markets supervisor;
Amendment 624 #
Motion for a resolution
Paragraph 59
Paragraph 59
59. Considers it necessary to improve the automatic information exchange between national tax authorities in order to avoid tax planning, base erosion and profit shifting, as well as to promote coordinated actions to fight tax havens; calls for the adoption of a Common Consolidated Corporate Tax Base directive establishing a minimum rate and spelling out common objectives for progressive harmonisation; deems it necessary to embark on a comprehensive review of the existing VAT legislation, addressing i.a. the issue of reduced rates and the introduction of the country of origin principle, and to establish a partially automatic stabilising mechanism to foster convergence and counter differences in the economic cycles of the Member States;
Amendment 633 #
Motion for a resolution
Paragraph 61
Paragraph 61
61. Insists that, when additional EU powers are required, Parliament’s role in economic governance be strengthened by means of extending the ordinary legislative procedure, which requires a Treaty change, to matters of economic and fiscal affairs, including the harmonisation of tax law and social law, using the flexibility clause, in combination with Article 333 (2) TFEU (enhanced cooperation) and general use of the ‘passerelle clause’ enshrined in Article 47 (8) TEU, to strengthen the democratic legitimacy and effectiveness of EU governance;
Amendment 641 #
Motion for a resolution
Paragraph 63
Paragraph 63
63. Insists that the Commission be endowed with powers to implement and enforce any future orthe existing instruments adopted in the area of EMU;