27 Amendments of Emilie TURUNEN related to 2011/0386(COD)
Amendment 19 #
Proposal for a regulation
Recital 1 a (new)
Recital 1 a (new)
(1 a) Article 9 of the Treaty on the Functioning of the European Union requires that in defining and implementing its policies and activities, the Union shall take into account requirements linked to the promotion of a high level of employment, the guarantee of adequate social protection, the fight against social exclusion, and a high level of education, training and protection of human health.
Amendment 24 #
Proposal for a regulation
Recital 3 a (new)
Recital 3 a (new)
(3 a) The Union has committed itself to a Growth and Jobs strategy 'Europe 2020' containing objectives in the fields of employment, poverty, education, innovation and the environment;
Amendment 27 #
Proposal for a regulation
Recital 5
Recital 5
(5) Strongustainable public finances are best ensured at the planning stage and gross errors should be identified as early as possible. Member States should benefit not just from the setting of guiding principles and budgetary targets but also from a synchronised monitoring of their budgetary policies.
Amendment 38 #
Proposal for a regulation
Recital 10
Recital 10
(10) As demonstrated by the sovereign debt crisis, and in particular by the need to put in place common financial backstops, Member States whose currency is the euro share enhanced spillovers from their budgetary, and macro-economic policy. Each of the Member States whose currency is the euro should consult the Commission and other Member States whose currency is the euro before the adoption of any major fiscal policy reform plans with potential spillover effects, so as to give the possibility for an assessment of possible impact for the euro area as a whole, including social and environmental impact. They should consider their budgetary plans to be of common concern and submit them to the Commission for monitoring purposes in advance of the plans becoming binding. The Commission should be in a position, if necessary, to adopt an opinion on the draft budgetary plan, that the Member State and in particular budgetary authorities should be invited to take into account in the process of the budget law adoption. Such an opinion should ensure that Union's policy guidance given in the budgetary areaEuropean Semester is appropriately integrated in the national budgetary preparations. In particular, this opinion should include an assessment of whether or not the budgetary plans appropriately address the recommendations issued in the context of the European semester in the budgetary area. The Commission should stand ready to present this opinion to the Parliament of the Member State concerned at its request. The extent to which this opinion has been taken into account should be part of the assessment, if and when the conditions are met, leading to the decision to place the concerned Member State in excessive deficit procedure, where no follow-up to the early guidance from the Commission should be considered as an aggravating factor. Also, based on an overall assessment of the plans by the Commission, the Eurogroup should discuss the budgetary situation and prospects for the euro area.
Amendment 45 #
Proposal for a regulation
Recital 13
Recital 13
(13) In order to enhance the dialogue between the Union institutions, in particular the European Parliament, the Council and the Commission, and to ensure greater transparency and accountability, the competent committees of the European Parliament may offer the opportunity to the Member State concerned by a Commission recommendation to participate in an exchange of views,
Amendment 55 #
Proposal for a regulation
Article 4 – paragraph 1
Article 4 – paragraph 1
1. Member States shall have in place numerical fiscal rules on the budget balance that implemetake into account in the national budgetary processes their medium-term budgetary objective as defined in Article 2a of Regulation (EC) No 1466/97. Such rules shall cover the general government as a whole and be of binding, preferably constitutional, nature.
Amendment 64 #
Proposal for a regulation
Article 5 – paragraph 3 – point a a (new)
Article 5 – paragraph 3 – point a a (new)
(a a) a detailed description of projected expenditure directly related to the achievement of the objectives embedded in the Union strategy for growth and jobs including public investments, using indicators from the Joint Assessment Framework;
Amendment 66 #
Proposal for a regulation
Article 5 – paragraph 3 – point a b (new)
Article 5 – paragraph 3 – point a b (new)
(a b) A social impact assessement of the draft budgetary plan as well as an assessment of its consistency with the Union's growth and jobs objectives, and with the broad guidelines for the economic policies of the Member States and of the guidelines for the employment policies of the Member States;
Amendment 73 #
Proposal for a regulation
Article 5 – paragraph 4 a (new)
Article 5 – paragraph 4 a (new)
4 a. Member States shall include in their Stability Programmes and National Reform Programmes an updated and detailed description of projected expenditure directly related to the achievement of the objectives embedded in the Union strategy for growth and jobs, including public investments, using indicators from the Joint Assessment Framework. The detailed description referred to above shall duly explain differences of projected expenditure from the most recent Stability Programmes.
Amendment 76 #
Proposal for a regulation
Article 5 – paragraph 5 – subparagraph 2
Article 5 – paragraph 5 – subparagraph 2
Paragraphs 2 to 4a shall apply in case of revised draft budgetary plan.
Amendment 77 #
Proposal for a regulation
Recital 7
Recital 7
(7) There is strong evidence showing the effectiveness of rules-based fiscal frameworks in supporting sound and sustainable fiscal policies. The introduction of national fiscal rules that are consistent with the budgetary objectives set at Union level should be a crucial element to ensure the respect of the Stability and Growth Pact provisions. In particular, Member States should put in place structural balanced budget rules which transpose into national legislation the main principles of the Union fiscal framework. This transposition should be effective through binding rules preferably of a constitutional nature so as to demonstrate the strongest commitment of national authorities in relation to the Stability and Growth Pact.
Amendment 77 #
Proposal for a regulation
Article 6 – paragraph 1
Article 6 – paragraph 1
1. The Commission shall, if necessary, adopt an opinion on the draft budgetary plan by 301 November. in the case where a Member State fails to present a budget that is in line with the obligations of the Stability and Growth Pact, and progress towards the objectives defined in the Union strategy for growth and jobs;
Amendment 79 #
Proposal for a regulation
Article 6 – paragraph 2
Article 6 – paragraph 2
2. The Commission opinion shall be made public and, at the request of the Parliament of the Member State concerned or the European Parliament, shall be presented by the Commission to the Parliament concerned.
Amendment 83 #
Proposal for a regulation
Article 6 – paragraph 4
Article 6 – paragraph 4
4. The Eurogroup and the relevant committees of the European Parliament shall discuss opinions of the Commission on the national budgetary plans and the budgetary situation and prospects in the euro area as a whole on the basis of the overall assessment made by the Commission in accordance with paragraph 3. The assessment shall be made public.
Amendment 85 #
Proposal for a regulation
Article 7 – paragraph 3 – subparagraph 1
Article 7 – paragraph 3 – subparagraph 1
Member State shall report regularly to the Commission and to, the European Parliament, the Economic and Financial Committee or any sub-committee it will designate for that purpose, for the general government and its sub-sectors, the in-year budgetary execution, the budgetary impact of discretionary measures taken on both the expenditure and the revenue side, targets for the government expenditure and revenues, as well as information on the measures adopted and the nature of those envisaged to achieve the targets. The report shall be accompanied by a social impact assessment. The report shall be made public.
Amendment 89 #
Proposal for a regulation
Article 8 – paragraph 2
Article 8 – paragraph 2
2. In case of risks of non-compliance with the deadline to correct the excessive deficit, the Commission shall address a recommendation to the Member State concerned for adoption of further measures within a timeframe consistent with the deadline for the correction of its excessive deficit referred to in paragraph 1. The recommendation by the Commission shall be made public, and, at the request of the Parliament of the Member State concerned or the European Parliament, shall be presented by the Commission to the Parliament concerned.
Amendment 90 #
Proposal for a regulation
Article 8 – paragraph 3
Article 8 – paragraph 3
3. Within the timeframe set by the Commission recommendation referred to in paragraph 2, the Member State concerned shall report to the Commission on measures adopted in response to this recommendation together with the reports provided for in Article 7(3). The report shall include the budgetary and social impact of all discretionary measures taken, targets for the government expenditure and revenues, information on the measures adopted and the nature of those envisaged to achieve the targets, as well as information on the other actions being taken in response to the Commission recommendation as well as the impact of the measures on the achievement of progress towards the objectives of the Union strategy for growth and jobs. The report shall be made public.
Amendment 93 #
Proposal for a regulation
Article 11 – paragraph 1 – subparagraph 2 – point b a (new)
Article 11 – paragraph 1 – subparagraph 2 – point b a (new)
(b a) the contribution of this Regulation to the achievement of the Union strategy for growth and jobs;
Amendment 121 #
Proposal for a regulation
Article 1 – paragraph 1 – point c a (new)
Article 1 – paragraph 1 – point c a (new)
(ca) establishing enhanced economic policy coordination framework required for a euro area common issuance sovereign debt instruments.
Amendment 123 #
Proposal for a regulation
Article 1 – paragraph 2 a (new)
Article 1 – paragraph 2 a (new)
2a. The application of this Regulation shall fully respect Article 152 TFEU and the recommendations issued under this Regulation shall respect institutions for wage formation. It shall take into account Article 28 of the Charter of Fundamental Rights of the European Union, and, accordingly, shall not affect the right to negotiate, conclude and enforce collective agreements and to take collective action in accordance with national law and practices.
Amendment 149 #
Proposal for a regulation
Article 4 – paragraph 1
Article 4 – paragraph 1
1. Member States shall have in place numerical fiscal rules on the budget balance that implement in the national budgetary processes their medium-term budgetary objective as defined in Article 2a of Regulation (EC) No 1466/97. Such rules shall cover the general government as a whole and be of binding, preferably constitutional, nature.
Amendment 184 #
Proposal for a regulation
Article 5 – paragraph 3 – point e
Article 5 – paragraph 3 – point e
(e) the main assumptions about expected economic developments and important economic variables which are relevant to the achievement of the budgetary targets. These assumptions shall be based on independent macroeconomic growth forecast;. The macroeconomic forecasts shall provide sensitivity analysis and shall be compared with the most updated forecasts of the Commission and, if appropriate, those of other independent bodies. Significant differences between the chosen macro-fiscal scenario and the Commission's forecast shall be described with reasoning, in particular if the level or growth of variables in external assumptions departs significantly from the values contained in the Commission's forecasts. The macroeconomic and budgetary forecasts shall include an estimation of the potential output and macroeconomic multiplier effects. The methodology, the economic and econometric underlying models and assumptions, as well as any other relevant parameter underpinning independent macroeconomic forecast shall be annexed to the annual medium-term fiscal plans.
Amendment 193 #
Proposal for a regulation
Article 5 – paragraph 3 – point f a (new)
Article 5 – paragraph 3 – point f a (new)
(fa) an analysis of the contribution of reforms included in the National Reform Programmes to the achievement of the objectives of stability programmes including a cost-benefit analysis of the reforms from a budgetary point of view;
Amendment 195 #
Proposal for a regulation
Article 5 – paragraph 3 – point f b (new)
Article 5 – paragraph 3 – point f b (new)
(fb) an assessment of the consistency of different requirements and commitments embedded in the different instruments referred to in Article 1a of Regulation (EC) No 1467/97 as well as with the reports and requirements referred to in Regulation (EU) No 1176/2011 on the prevention and correction of macroeconomic imbalances.
Amendment 205 #
Proposal for a regulation
Article 5 – paragraph 5 b (new)
Article 5 – paragraph 5 b (new)
5b. No provision of this Regulation shall prevent a Member State's new government from updating its medium- term budgetary plan and stability programme to reflect its new policy priorities. Where a new government does so, it shall indicate the differences from the previous medium-term budgetary plan, stability programme and National Reform Programme.
Amendment 232 #
Proposal for a regulation
Article 6 – paragraph 4 b (new)
Article 6 – paragraph 4 b (new)
4b. Organisations representing the economic and social partners as well as of civil society organisations shall be consulted by the Commission on draft budgetary plans, draft Stability Programmes, draft National Reform Programmes and the overall assessment of the budgetary situation and prospects in the euro area as a whole.
Amendment 276 #
Proposal for a regulation
Article -11 (new)
Article -11 (new)
Article -11 Involvement of social partners and civil society Organisations representing the economic and the social partners as well as of civil society organisations shall be given the possibility to express their views on Commission's public recommendations and opinions referred to in this Regulation.