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11 Amendments of José GUSMÃO related to 2022/2051(INL)

Amendment 27 #
Draft opinion
Paragraph 2 a (new)
2a. Notes that the fiscal rules prohibiting Member States from exceeding a deficit level of 3 % and a debt ratio of 60 % of GDP are arbitrary, make no proven economic sense and have no proven economic effectiveness; points out that Member States have breached those thresholds more than 170 times since the European Semester was established in 2011 and that that was before exceptional budgetary expenditure was triggered in connection with their response to the COVID-19 pandemic; points out that 14 Member States are currently above the 60 % debt-to-GDP threshold;
2022/11/11
Committee: ECON
Amendment 28 #
Draft opinion
Paragraph 2 b (new)
2b. Calls for the long-term suspension of the Stability and Growth Pact so as to allow Member States more fiscal space;
2022/11/11
Committee: ECON
Amendment 29 #
Draft opinion
Paragraph 2 c (new)
2c. Regrets the fact that the Stability and Growth Pact and the European Semester are encouraging the implementation of a set of neoliberal reforms involving fiscal austerity, wage moderation, a business-friendly supply- side policy, privatisation of and competitive tendering for public services, and the weakening of social protection; acknowledges the need for a European macroeconomic governance framework, however, and calls for the current Stability and Growth Pact to be replaced by economic coordination and convergence based on combating poverty and inequality and on the green transition;
2022/11/11
Committee: ECON
Amendment 30 #
Draft opinion
Paragraph 2 d (new)
2d. Advocates abandoning the growth objective in the European Treaties and the macroeconomic governance framework; calls for the introduction of binding alternative indicators to GDP that are based on well-being, social equality and respect for planetary boundaries;
2022/11/11
Committee: ECON
Amendment 41 #
Draft opinion
Paragraph 3 a (new)
3a. Takes the view that the free movement of goods and capital within the EU is an obstacle to controlling the economy on the basis of social and ecological criteria; considers, by the same token, that the objectives of developing world trade, phasing out restrictions on international trade and foreign direct investment and reducing customs barriers are incompatible with the Commission's and Member States' stated objective of relocalising the economy and with the objectives of reducing greenhouse gas emissions and biodiversity harm; proposes therefore that the European Treaties be revised so as to give the EU and the Member States greater leeway to implement public policies in keeping with social justice and planetary boundaries, even if they were to hinder the free movement of goods and capital and international trade;
2022/11/11
Committee: ECON
Amendment 60 #
Draft opinion
Paragraph 4 a (new)
4a. Stresses the need to restore political oversight, in particular by the European Parliament, over monetary policy; recommends, in order to achieve that, that ECB independence be ended;
2022/11/11
Committee: ECON
Amendment 62 #
Draft opinion
Paragraph 4 b (new)
4b. Notes that price stability is the primary purpose of the ECB's actions; points out that the monetary policy that follows on from that is helping to widen inequalities and is hampering the green transition; urges that the ECB’s terms of reference be overhauled in the interests of climate change action and combating poverty and inequality; stresses in particular the need to allow the ECB to lend directly to Member States rather than using private banks as intermediaries;
2022/11/11
Committee: ECON
Amendment 78 #
Draft opinion
Paragraph 5 a (new)
5a. Stresses the importance of increasing the Union’s own resources; calls on the Commission and Member States to introduce a genuine financial transaction tax capable of raising more than EUR 50 billion per year; calls on the Commission and Member States to introduce a kerosene tax, which could raise EUR 27 billion per year, and to allocate it for planning the build-down of the aviation sector, supporting its employees and developing alternative means of transport; proposes the introduction at Union level of a universal tax on multinationals, which would enable the EU to recover an additional EUR 170 billion;
2022/11/11
Committee: ECON
Amendment 100 #
Draft opinion
Paragraph 6 a (new)
6a. Points out that it is crucial for Member States to be able to provide financial support for, and freely organise, economic sectors supplying services or products of general interest; notes that the relaxation granted by the Temporary Crisis Framework for State Aid to support the economy in the context of Russia’s war against Ukraine demonstrates the need for a thorough revision of the state aid rules;
2022/11/11
Committee: ECON
Amendment 101 #
Draft opinion
Paragraph 6 b (new)
6b. Highlights the considerable leverage effect of public procurement to guide the economy according to social, environmental and human rights criteria, and to give preference, for example, to local suppliers; calls therefore for a thorough revision of European competition law and public procurement rules;
2022/11/11
Committee: ECON
Amendment 102 #
Draft opinion
Paragraph 6 c (new)
6c. Believes it necessary to learn all the lessons from the crises encountered with the COVID-19 pandemic and Russia’s war against Ukraine and the consequences thereof; restates the importance of universal public services for combating precariousness and inequalities; suggests that health and energy should be common goods that are not governed by market rules;
2022/11/11
Committee: ECON