9 Amendments of Edward SCICLUNA related to 2009/2203(INI)
Amendment 16 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Welcomes the active and flexible monetary policy of the ECB since August 2008 in extending liquidity provisions to credit institutions;
Amendment 19 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Is concerned about signs of credit shortages while financial institutions have access to cheap refinancingthat the extra liquidity provided by the ECB and other central banks has not been used by all banks to ease the ‘credit crunch’ faced by industry and, in particular, by small and medium sized businesses;
Amendment 20 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Welcomes the intensified coordinperation between the Council, the ECB and the Eurogroup;
Amendment 28 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Is concerned by the economic consequences of a fast loss of value of theweak US dollar for the economy, and particularly the exports, of the European Union;
Amendment 40 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Warns against focusing essentialxclusively on wage moderation as a way to achieve price stability; recalls that increased global competition has already contributed to a downward pressure on wages, while higher commodity prices have harmed the purchasing power of EU consumers;
Amendment 54 #
Motion for a resolution
Paragraph 12
Paragraph 12
Amendment 56 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Points out that internal imbalances pose a risk to the euro area and that countries with large current account surpluses or deficits were hit hardest bydeficits were the most restricted in their fiscal policies in dealing with the crisis;
Amendment 65 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Calls upon countries with current account surpluses to stimulate employment and internal demand inter alia by ending wage moderation, where not already in force, introducing minimum wages and making additional sustainable investments while taking into account the rules of the SGP;
Amendment 86 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Suggests using the relevant instruments included in the Treaty and the excessive deficit procedure of the SGP to ensure that Member States avoid excessive deficits and current account surpluses;