15 Amendments of Esther DE LANGE related to 2017/2124(INI)
Amendment 68 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Underlines the federal and independent nature of the ECB, which rules out national vetoes, enabling it to act decisively in addressing the crisis;
Amendment 80 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Gives a positive assessment ofValues the independence of the ECB and its policies; notes that the monetary policy pursued by the ECB in the period 2012-2016 had some positive effects in terms of its contribution to economic recovery by preventing deflation, preserving favourable financing conditions and maintaining financial stability and the proper functioning of the payment systems; notes at the same time that the prolonged period of low interest rates has also had a negative impact, inter alia on citizen's deposits and pension funds;
Amendment 91 #
Motion for a resolution
Paragraph 2 a (new)
Paragraph 2 a (new)
2 a. Invites the ECB to assess how to phase out the APP in a sustainable manner and normalise the current accommodative monetary policy;
Amendment 135 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Agrees with the ECB that in order to reach the inflation target, supportive and sustainable fiscal policies ands well as socially balanced productivity- and competitiveness enhancing reforms are required;
Amendment 148 #
Motion for a resolution
Paragraph 7
Paragraph 7
Amendment 165 #
Motion for a resolution
Paragraph 8
Paragraph 8
Amendment 239 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Considers that monetary policy alone is not sufficient to achieve a sustainable and more even and inclusive economic recovery, and that public and private investments should;calls therefore on Member States to redouble therir effore be encouraged in the context of a moderately positive fiscal stance in the Eurozone as proposed by the Commissionts along the principles of the "virtuous triangle" of boosting investment, pursuing structural reforms and ensuring responsible fiscal policies;
Amendment 260 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Points out that while unemployment has decreased, aggregate demand in the euro area remains subdued, lpargetially as a result of the rise in poor quality, temporary, low-paid jobs; calls on the ECB to evaluate how this phenomenon is slowing the recovery and explore ways to stimulate demand in spite of wage stagnation; urges, in this regard, Member States to structurally reform their economies in order to boost productivity and calls for wage increases in line with productivity growth;
Amendment 278 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Stresses that excessive current account surpluses in some Member States must be corrected through appropriate fiscal policiesare a sign of competitiveness; notes that current account imbalances are always balanced out by the financial account;
Amendment 322 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Agrees with the ECB that a bank’s profitability depends on its business model, low interest rates notwithstanding; notes, however, the negative effects of prolonged periods of low interest rates on deposits and pension funds;
Amendment 390 #
Motion for a resolution
Paragraph 26
Paragraph 26
26. EncouragesStresses the need for an independent central bank; notes the possibility for the ECB to take steps to align its CSPP purchases with the EU’s commitment to tackling climate change;
Amendment 406 #
Motion for a resolution
Paragraph 27
Paragraph 27
27. Agrees that a well-functioning, diversified and integrated capital market would support the transmission of the single monetary policy; calls for the full completion and implementation of the capital markets union and the banking union, if and when conditions are met;
Amendment 429 #
Motion for a resolution
Paragraph 29
Paragraph 29
29. UnderlinesTakes note of the Eurgent need to proceed towardsopean Commission's reflections on establishing a truly European safe asset for the Eeurozone area’s bBanking uUnion;
Amendment 470 #
Motion for a resolution
Paragraph 33
Paragraph 33
33. Urges the ECB to support Greece, for example through ensuringmake an independent decision on the eligibility of Greek companies for the CSPP and the inclusion of Greek sovereign bonds in the APP;
Amendment 495 #
Motion for a resolution
Paragraph 35
Paragraph 35
35. BelievNotes that ECB profits from seigniorage revenue shcould be considered an EU budgetary resource, since they are directly linked to a fully developed, sui generis European policy in the future and could lead to lower direct contributions from the Member States' budgets;