9 Amendments of Danuta Maria HÜBNER related to 2014/2248(INI)
Amendment 126 #
Motion for a resolution
Recital I
Recital I
I. whereas, while Article 16 of the TSCG provides that within five years of the date of entry into force (before 1 January 2018) the necessary steps must have been taken to incorporate the Fiscal Compact into the legal framework of the Union and while similar provisions are included in the Intergovernmental Agreement on the transfer and mutualisation of contributions to the Single Resolution Fund, it is clear that the resilience of the euro area, including the completion of the banking union, cannot be achieved without further fiscal deepening steps together with the establishment of a more reliable, effective and democratic form of governance; whereas thisuch reforms will complete the current Stability and Growth Pact, which, ever since it came into existence, even after its reform by the so- called six-pack and two-pack, has never been applied, for any obvious political reasons;
Amendment 215 #
Motion for a resolution
Recital Q
Recital Q
Q. whereas clarifications are still needed as regards the European elections and on the matter of who leadswho assumes the leadership of the Union; whereas, despite the outcome of the 2014 European parliamentary elections having for the first time led directly to the nomination of the candidate for President of the Commission, a clear direct democratic link is still lacking; whereas, although the European Council has agreed to review the ‘Spitzenkandidat’ process in time for 201918 , guarantees, such as a proper legal basis, to ensure that this new system will be preserved and will develop, are still lacking; whereas, moreover, there is still confusion – not least among third parties – about the interrelationship of the Presidents of the Commission and the European Council; __________________ 18 EUCO conclusions of 27 June 2014. EUCO conclusions of 27 June 2014.
Amendment 392 #
Motion for a resolution
Paragraph 9 a (new)
Paragraph 9 a (new)
9a. Considers that the scope of the future institutions, policies and instruments of the EMU as defined in the new Treaty should be applicable to all Member States, except where specific derogations or transitional periods for some Member States are deemed necessary or justified, and on an exceptional and temporary basis;
Amendment 395 #
Motion for a resolution
Paragraph 9 b (new)
Paragraph 9 b (new)
9b. Takes the view that the new treaty should provide for adequate mechanisms, under the responsibility of the Commission, in order to: ensure the consistency of all European policies, preserve the integrity of the single market and prevent discrimination against those Member States which are not yet euro area members;
Amendment 489 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Considers that neither the Stability and Growth Pact nor the ‘no bail-out’ clause (Article 125 TFEU) provide the intended solutions, and that they have furthermore lost credibility in their current form, as the pact has been infringed at different occurrences by several Member States without political or legal consequences, while Greece has been bailed out on a large scale on three occasions;
Amendment 493 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Acknowledges the improvements brought by the European Semester, the six- pack and the two-pack aimed at addressing these issues, but concludes that they have not solved the problems; believes, moreover, that they have contributed to making the system overly complex, are not binding with regard to cnd do not cover spill-over effects between one Member State and another, or to the euro area or the EU as a whole; regrets that Country-s Specific rRecommendations andre not binding and that the current system does not cover spill- over effects between one Member State and another, or to the euro area or the EUsufficiently ensure their national ownership; is interested in this regard in the potential offered by the Advisory European Fiscal Board and its future mission of advising the Commission on a fiscal stance that would be appropriate for the euro area as a whole;
Amendment 593 #
Motion for a resolution
Paragraph 20 a (new)
Paragraph 20 a (new)
20a. Highlights that the role of the ESM will evolve in the future, from this of a crisis management agency into, most likely, this of a debt management agency and backstop for the Single Resolution Fund; stresses that this warrants a comprehensive review of its architecture, in particular as regards its institutional arrangements such as voting procedures as well as the design of the Direct Recapitalisation Instrument;
Amendment 672 #
Motion for a resolution
Paragraph 25
Paragraph 25
25. Considers it necessary to endow the European Central Bank with the status of lender of last resort enjoying the full powers of a federal reserve b, in particular through a more direct control on the provision of emergency liquidity assistance (ELA) by National Central Banks ;
Amendment 696 #
Motion for a resolution
Paragraph 27
Paragraph 27
27. Calls, finally, for the banking union to be completed as soon as possible on the basis of a fast-track timetablewith a common deposit insurance or reinsurance system and with a fiscal backstop that should be fiscally neutral over the medium term on the basis of a fast-track timetable; stresses that, in this process, further recourse to intergovernmental agreements should be avoided unless they are absolutely necessary;