29 Amendments of Bas EICKHOUT related to 2018/2119(INI)
Amendment 7 #
Motion for a resolution
Citation 17 a (new)
Citation 17 a (new)
- Having regard to the Paris Agreement
Amendment 8 #
Motion for a resolution
Citation 17 b (new)
Citation 17 b (new)
- Having regard to the IPCC Special Report on the impacts of global warming of 1.5°C above pre-industrial levels and related global greenhouse gas emission pathways, in the context of strengthening the global response to the threat of climate change, sustainable development, and efforts to eradicate poverty
Amendment 16 #
Motion for a resolution
Recital A
Recital A
A. whereas Europe’s economy is now entering its sixth year of uninterrupted GDP growth but large divergences between Member States in economic and employment performance persist; whereas the unemployment rate in many member states remain above pre-crisis levels;
Amendment 22 #
Motion for a resolution
Recital A a (new)
Recital A a (new)
Aa. whereas too many newly created jobs are part-time, temporary or precarious; whereas in-work poverty has not decreased;
Amendment 23 #
Motion for a resolution
Recital A b (new)
Recital A b (new)
Ab. whereas according to the European Environmental Agency, average annual losses caused by weather and climate-related extremes in the Union amounted to around €12.8 billion between 2010 and 2016, and that, if no further action is taken, climate damages in the EU could amount to at least €190 billion by 2080, equivalent to a net welfare loss of 1.8% of its current GDP
Amendment 44 #
Motion for a resolution
Recital C
Recital C
C. whereas the old-age dependency ratio is predicted to increase, without policy changes, from 29.3 % in 2016 to 52.3 % by 2080, which amounts to fewer than two working-age people for every elderly person;
Amendment 72 #
-1. Regrets that the Commission has failed to integrate the enormous task for the EU to comply with the Paris agreement and to address the physical and financial risks related to climate change in its Annual Growth Survey; calls on the Council to fully align its economic policy priorities with the Union’s climate and sustainability objectives;
Amendment 77 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Notes that the Commission’s 2018 Ageing Report shows that without policy changes, fiscal costs linked to pensions, healthcare and long- term care are expected to rise over the coming decades, as Europe’s population continues to age significantly;
Amendment 80 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Urges Member States to take responsibility for future generations by swiftly moving towards a resource efficient and circular economy as well as towards greenhouse gas emission reductions in line with the Paris agreement, and to ensure the sustainability and adequacy of our social security systems and, in so doing, the future of our welfare states;
Amendment 86 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Urges Member States to prepare for these demographic developments by: 1) building fiscal buffers to arm againstvelopments amongst others by increasing public and private investment into innovation and sectors directly related to meeting climate objectives, improving stability and riesing fiscal costs; 2) implementing structural reforms to reduce these costs; and 3)lience of the financial sector, the economic and monetary union, and by implementing sustainable and socially just structural reforms, enhancing productivity growth and resources efficiency, which is essential to ensuring sustainable economic growth in the future;
Amendment 96 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. WelcomesTakes note of the Commission’s Annual Growth Survey 2019, which reaffirms the importance of: 1) increasing high quality investments; 2) reforms that increase productivity growth, inclusiveness and institutional quality; and 3) macro- financial stability and sound public finances;
Amendment 117 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Notes that a higher proportion of elderly people entails higher healthcare, old-age care and pension spending; notes, moreover, that in an ageing society, everything else equal, the proportion of working-age people is falling in relation to the proportion of elderly people, meaning that there are fewer working-age contributors per elderly person; highlights that this places a massive burden on public finances, threatening their sustainability;
Amendment 124 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Is concerned that some Member States with budget deficits and high levels of public debt have missed the opportunity presented by favourable macroeconomic conditions to build fiscal buffersdid not or could not build fiscal buffers during the upside of the current economic cycle, while, in contrast, some Member States with fiscal space have consolidated further, thereby contributing to the euro area’s current account surplus of around 3.2 %, the highest in the world;
Amendment 129 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Welcomes the Commission’s efforts to encourage Member States with current account deficits or highcall for increasing real wage growth in support of demand and internal and external drebt to contain the growth of unit labour costs and improve their competitiveness, and to encourage Member States with large current account surpluses to promote demand by increasing wage growth in line with productivity growth and to foster productivity growth by promoting investmentalancing in the euro area; calls on the Commission and Member States to remove the obstacles to fair wage increases;
Amendment 137 #
Motion for a resolution
Paragraph 8
Paragraph 8
Amendment 148 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Urges Member States to build fiscal buffers for future generations; calls for improvements to the enforcement of the Stability and Growth Pact (SGP), with a focus on debt reductionCalls for significant reform of the Stability and Growth Pact (SGP) to eliminate pro-cyclical elements, allow for sufficient productive and sustainable investment thereby improving the public support and credibility of the rules;
Amendment 160 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. WelcomNotes the European Fiscal Board’s proposal for a radical simplification of the budgetary rules to overcome the weaknesses of the current EU fiscal framework; stresses that flexibility, as built into the SGP rules, should strike a good balance between the objective of ensuring prudent fiscal policy and allowing for productive investments; stresses that simplification should go hand in hand with addressing procyclicality of the budgetary rules;
Amendment 167 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Recalls that workforce ageing is likely to be a significant drag on European productivity growth over the next few decades everything else equal; urges Member States, therefore, to implement socially fair and sustainable productivity- enhancing structural reforms;
Amendment 175 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Stresses the importance of reviewingboth the adequacy and financial sustainability of national public pension schemes, largely fin; stresses the importanced on a pay-as-you-go basis, in order to reduce their budgetary burdenf social fairness and solidarity in pension reforms;
Amendment 185 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Calls for a tax shift away from the high tax burden on labour in Europeaxes on labour, in particular of lower income groups towards taxes less detrimental to growth including environmental taxes;
Amendment 202 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Highlights that mobilisinga context of a shrinking working-age population will require more versatile employees and more flexibleinter alia well regulated labour markets, combined with socially fair active labour market policies, where flexibility goes hand in hand with high standards of social protection, life- long learning and training, and accessible social security systems, as outlined in the European Pillar of Social Rights;
Amendment 211 #
Motion for a resolution
Paragraph 17
Paragraph 17
17. Highlights that small and medium- sized enterprises (SMEs), which are an important driver of employment, cannot fully harness the potential of the European single market owing to legislative and administrative barriers; urges the Commission to reduce these barriers; urges the Commission, moreover, to tackle unfair competition and taxation amongUrges the Commission to tackle unfair competition and combat tax avoidance including by ensuring a level playing field for SMEs and multinational corporations in the area of taxation;
Amendment 215 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Calls for taxation reforms with a view to improving tax collection and tackling tax evasion; highlights the need for better coordination of administrative practices in the field of taxationCouncil to progress on public country by country reporting, digital services tax, a financial transaction tax, CCCTB and better coordination of administrative practices in the field of taxation; calls on the Commission to make use of Article 116 TFEU in order to make progress towards fair taxation in the EU;
Amendment 225 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Recalls the importance of a resilient banking sector that safeguards financial stability; welcomes calls for the step-by- step completion of the banking union, with a credible European deposit insurance scheme and, a package to reduce non- performing loans and a structural reform of the banking sector to prevent financial institutions from being “too big to fail” and separate essential banking services for citizens from trading activities and speculation;
Amendment 237 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. HighlightNotes that a tgransition to a new risk weight regime for banks’dual limitation of bank’s own sovereign exposures willmay help to weaken the ‘doom loop’ between banks and sovereigns; underlines the need to proceed to a careful impact assessment of different options that could go in that direction;
Amendment 246 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. Highlights that to ensure intergenerational fairness, Member States must increase productivity through higher resource efficiency and productive investments, such as in growth- enhancing sustainable infrastructure projects, in order to stimulate much-needed potential economic growth and the transition to a sustainable economy;
Amendment 266 #
Motion for a resolution
Paragraph 22
Paragraph 22
22. Stresses the need for Member States to distinguish between productive public investment and current expenditure, since budgetary space must in no event be used to finance current expenditure; calls on Member States to use fiscal space to improve their long term debt sustainability;
Amendment 279 #
Motion for a resolution
Paragraph 24
Paragraph 24
24. Stresses that intra-European foreign direct investment should leads to productivity gains for both the investing firm and local firms in the host regions, and should generates economic convergence within Europe;
Amendment 297 #
Motion for a resolution
Paragraph 25
Paragraph 25
25. Highlights the urgent need for a fully-fledged capital markets union, as financial markets could provide for private risk-sharing and risk-reduction mechanisms, provided that they are strictly regulated and able to continue functioning in times of economic downturn;