BETA

5 Amendments of Udo BULLMANN related to 2010/0281(COD)

Amendment 137 #
Proposal for a regulation
Recital 11 a (new)
(11a) Measures proposed to a given Member State for correcting imbalances should take into account the objectives of a Union strategy for growth and jobs as well as the Union’s objective of sustainable and high social cohesion, while also contributing to making the Union the most competitive knowledge based economy in the world. The medium- term growth and primary balance targets of the "catching-up countries" should be taken into consideration.
2011/02/16
Committee: ECON
Amendment 179 #
Proposal for a regulation
Article 2 – paragraph 1 – point a
(a) 'imbalances' means macroeconomic developmentspersistently diverging developments between aggregate demand and aggregate supply leading to a systematic surplus or deficit in the overall savings position of an economy, which areis adversely affecting, or haves the potential to adversely to affect, the proper functioning of the economy of a Member State or of economic and monetary union, or of the Union as a whole.
2011/02/16
Committee: ECON
Amendment 236 #
Proposal for a regulation
Article 3 – paragraph 3 a (new)
3a. The Commission shall adopt, by means of delegated acts in accordance with Article -12a, and subject to the conditions of Articles -12b and -12c, measures setting the list of relevant indicators to be included in the scoreboard and of the relevant thresholds. The list of indicators shall include, among others the following sets of indicators: (a) internal imbalances, including private and public debt and its evolution; internal income inequalities; unemployment rates; and asset price developments with particular attention to real estate, and financial markets; (b) external imbalances, including current account composition, balance and evolution; the evolution of relative export market shares in Union and third-country markets; and net foreign assets positions; (c) internal market developments, including a rolling average of five-year comparative real growth; an indicator of growth and employment dynamics including energy composition of the product and public and private research and development investment; and Union and third-country foreign direct investment flows.
2011/02/16
Committee: ECON
Amendment 319 #
Proposal for a regulation
Article 7 – paragraph 2
2. The Council, on a recommendation from the Commission, after consulting the European Parliament and the European social partners may adopt recommendations in accordance with Article 121(4) of the Treaty declaring the existence of an excessive imbalance and recommending the Member State concerned to take corrective action. Those recommendations shall set out the nature of the imbalances and specifyoutline the corrective action to be taken in detail and the deadline within which the Member State concerned must take such corrective action. The Council may, as provided for in Article 121(4) of the Treaty, make its recommendations public.
2011/02/16
Committee: ECON
Amendment 332 #
Proposal for a regulation
Article 8 – paragraph 1 a (new)
1a. The corrective action plan shall be coherent with the Stability and Growth Pact, the Stability and Convergence Programmes, the National Reform Programmes, the European Social Aquis and the medium and long-term objectives, namely convergence, improved living and working conditions, proper social protection, and a Union strategy for growth and jobs.
2011/02/16
Committee: ECON