4 Amendments of Esther DE LANGE related to 2018/2101(INI)
Amendment 100 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Notes the ECB’s positive view on the establishment of a European deposit insurance scheme (EDIS) as the third pillar of the banking union; recognises that risk sharing is, as ECB President Draghi has stated, an effective risk reduction method and that the two should go hand in hand; welcomes, in that regard, the Commission's approach in their communication 'on completing the Banking Union'1a and the remarks made by ECB President Draghi during the Monetary Dialogue of 20 November 2017 that, among other things, an adequate reduction of risks on the balance sheet of banks needs to be achieved before deposit insurance losses should be shared at Banking Union level; _________________ 1a COM(2017) 592 final
Amendment 125 #
Motion for a resolution
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Agrees with the ECB that in order to reach the inflation target, sustainably supportive fiscal policies as well as competitiveness enhancing reforms, productivity enhancing reforms and wage increases in line with productivity growth are required; calls therefore on Member States to redouble their efforts along the principles of the "virtuous triangle" of boosting investment, pursuing structural reforms and ensuring responsible fiscal policies;
Amendment 133 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. AWhile valuing and respecting the independence of the ECB and its policies; agrees with the ECB’s decision to end the APP in a sustainable manner, subject to incoming data confirming its medium-term inflation outlook, and considers that this instrument should only be used on a temporary basis, as it creates new risks for financial stability and reduces incentives to consolidate public finances;
Amendment 164 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Is concerned by the impact of the negative deposit facility rate imposed on banks since June 2014; considers that this measure, were it still to be pursued, may affect the profitability of the banking sector and should be phased out in the course of normalising monetary policy in line with the current recovery; is concerned that the prolonged period of low interest rates also has a negative impact on citizen's deposits and pension funds;