6 Amendments of Sari ESSAYAH related to 2010/0279(COD)
Amendment 92 #
Proposal for a regulation
Recital 6
Recital 6
(6) Enforcement of Regulation (EU) No […/…]4 should be strengthened by establishing fines for Member States whose currency is the euro in case of repetitive non-compliance with the recommendations to address excessivf they deliberately provide false macroeconomic imbalancesdata.
Amendment 99 #
Proposal for a regulation
Recital 7
Recital 7
(7) Macroeconomic imbalances are likely to generate undue fluctuations in public revenues and spending throughout the economic cycle, affecting headline figures and distorting the picture for fiscal planning and decision-making. Inappropriate fiscal policy choices based on distorted trends could weaken, and possibly compromise, the sustainability of public finances. If unchecked, fiscal and other macroeconomic imbalances have the potential to reinforce each other and possibly to jeopardise the proper functioning of economic and monetary union. For these reasons a system of correction of macroeconomic imbalances should contribute to the budgetary discipline of the Member States whose currency is the euro. Current account surpluses shall not be regarded as macroeconomic imbalances.
Amendment 106 #
Proposal for a regulation
Recital 8
Recital 8
(8) Repeated failure to comply with Council recommendations to address excessivIf a Member State repeatedly provides false macroeconomic imbalancesdata, it should, as a rule, be subject to a yearly fine, until the Council establishes that the Member State has taken corrective action to comply with its recommendations.
Amendment 112 #
Proposal for a regulation
Recital 9
Recital 9
(9) Moreover, repeated failure of the Member State to draw up a corrective action plan to address the Council recommendationscorrect the data it has supplied should be equally subject to a yearly fine as a rule, until the Council establishes that the Member State has provided a corrective action plan that sufficiently addresses its recommendations.
Amendment 128 #
Proposal for a regulation
Recital 11
Recital 11
(11) The procedure for the application of the fines on the Member States which fail to take effective measures to correct macroeconomic imbalancesthe data they have supplied should be construed in such a way that the application of the fine on those Member States would be the rule and not the exception.
Amendment 175 #
Proposal for a regulation
Article 3 – paragraph 1 – subparagraph 1 – introductory part
Article 3 – paragraph 1 – subparagraph 1 – introductory part
A yearly fine shall be imposed by the Council, acting on a proposal by the Commission, if: a Member State deliberately supplies false macroeconomic data and if: