8 Amendments of Sari ESSAYAH related to 2012/2028(INI)
Amendment 85 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Points out that it is in the long-term strategic interest of the eurozone to draw all possible benefits from issuing the euro, such as establishing a commonnsuring a liquid and diversified bond market and establishing the euro as a global reserve currency;
Amendment 137 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Urges Member States to seriously consider the option of immediately establishing a European Redemption Fund in order to allow participating countries to reduce excessive debt over a maximum period of 25 years by using the interest rate savings for debt reductionamong those countries whose indebtedness exceeds 60% of GDP, for the part of their debt which exceeds 60% of GDP, with the participating countries undertaking to make their repayments over a maximum period of 25 years, which is a longer period than provided for in the renewed Stability and Growth Pact but which likewise in practice requires sufficient economic growth and very strict financial discipline;
Amendment 147 #
Motion for a resolution
Paragraph 9
Paragraph 9
Amendment 163 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Calls on the Commission to prepare contingency plans allowing a rapid implementation of these schemfor special circumstances;
Amendment 173 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Believes that, in parallel, there is an urgent need to recapitalise the European banking sector and to further complete financial integration in the EU; calls on the Commission to put forward proposals for a single financial supervisory authority to oversee systemic financial institutions, a banking resolution regime including a recapitalisation fund and an EU-wide deposit guarantee schend proposals for reducing the systemic risks derived from them and for a banking resolution regime;
Amendment 191 #
Motion for a resolution
Paragraph 12
Paragraph 12
Amendment 201 #
Motion for a resolution
Paragraph 13
Paragraph 13
Amendment 215 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Advocates, following the implementation of short-term measures to exit the crisis, the setting-up of a committee inspired by the Delors Committee of 1988, including representatives from Member States, the Commission and the ECB; believes that this committee should evaluate progress and make recommendations for further steps with regard to post-crisis phases, to be discussed in Parliament; takes the view that this committee should also look at the possibility of issuing genuine federal bonds;