2 Amendments of João FERREIRA related to 2015/2106(INI)
Amendment 10 #
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Highlights the opening of the consultation on the Capital Markets Union, and underlines the need on the one hand to consider the impact of the single market on the worsening economic and social asymmetries between Member States, and on the other hand to learn lessons from the 2007/2008 financial crisis, whose harmful effects on world economies, and in particular on people and workers, are still being felt; in this context, rejects the idea that (i) forms of financing associated with complex financial products should be promoted; (ii) financing the real economy, in particular industry, should be subject to the dictates of financial speculators (also known as investors), and (iii) there should be no separation of retail and investment banking;
Amendment 71 #
Draft opinion
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Rejects the establishment of the Capital Markets Union, on the grounds that the further development of the EU single market has accentuated the dismantling of sovereign instruments of economic regulation; takes the view, further, that this process does not represent convergence, cooperation or solidarity, and that instead it represents economic dominance, divergences and asymmetries in development;