6 Amendments of Patrick LE HYARIC related to 2010/0279(COD)
Amendment 19 #
Proposal for a regulation
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The European Parliament rejects the Commission proposal.
Amendment 26 #
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 imbalances should be construed in such a way that the application of the fine on those Member States would be the rule and not the exceptfair, efficient and respect the fundamental objectives and the democratic values of the European Union.
Amendment 29 #
Proposal for a regulation
Recital 12
Recital 12
12. The collected fines should be distributed between Member States whose currency is the euro which are neithhave an excessive deficit in order theo subject of an excessive imbalance procedure nor havepport their adjustment process by providing finance strictly linked to social and excessive deficinvironmental sustainable investment.
Amendment 30 #
Proposal for a regulation
Article 1 – paragraph 2
Article 1 – paragraph 2
2. This Regulation shall apply to Member States whose currency is the euro. In respect of Article 153 of the Treaty, sanctions foreseen in this regulation will not relate to the issue of pay and related labour market institutions, in particular minimum wage systems and collective bargaining structures. In order to share the burden of adjustment between ‘deficit’ and ‘surplus’ countries, this regulation will be implemented only with regard to Member States with an excessive surplus.
Amendment 31 #
Proposal for a regulation
Article 3 – paragraph 1 – subparagraph 2
Article 3 – paragraph 1 – subparagraph 2
The decision shall be deemed adopted by the Council unless it decides,acting by qualified majority, to reject the proposal within ten days the Commission adopting it. The Council may amend the proposal in accordance with Article 293(1) of the Treaty.
Amendment 37 #
Proposal for a regulation
Article 4
Article 4
Fines collected in accordance with Article 3 of this Regulation shall constitute other revenue, as referred to in Article 311 of the Treaty, and shall be distributed, in proportion to their share in the total gross national income (GNI) of the eligible Member States, between Member States whose currency is the euro and which are not the subject of an excessive imbalance procedure within the meaning of Regulation (EU) No […/…] and do not have an excessive deficit as determdo have an excessive deficit as determined in accordance with Article 126(6) of the Treaty, in order to support their adjustment process by providing finance strictly linked in accordance with Article 126(6) of the Treatyto social and environmental sustainable investment.