12 Amendments of Enikő GYŐRI related to 2024/2054(INI)
Amendment 29 #
Motion for a resolution
Recital H a (new)
Recital H a (new)
Ha. whereas the value of the euro against the dollar has deteriorated considerably since the end of 2020; whereas energy derivatives are traded in dollars and a fall in the euro's exchange rate against the dollar further contributes to inflation;
Amendment 38 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Welcomes the role of the ECB in safeguarding monetary stability; underlines that the ECB is the institution responsible for maintaining price stability in the euro areaUnderlines that the ECB is the institution responsible for maintaining price stability in the euro area; is furthermore of the opinion that maintaining price stability is a necessary condition for realisation of the EU’s other policy objectives;
Amendment 68 #
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Stresses that high levels of inflation have a disproportionate effect on lower-income households, which spend a higher proportion of their budget on necessities;
Amendment 93 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Recalls that the Economic and Monetary Union requires solid fiscal policies in the Member States in order to be able to respond to external shocks, meaning a maximum government deficit of 3% of GDP and government debt of 60% of GDP, plus a credible path to reducing excessive debt and deficits, and building sufficient reserves in times of economic growth, in order to be able to respond to external shocks; stresses therefore the need to factor in all government expenditure in its entirety, including green spending and investment;
Amendment 108 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Recalls that prudent fiscal policies by the Member States canmust complement the ECB’s efforts to keep inflation low and prices stable; highlights that addressing excessive public deficit and debt levels is crucial to maintaining a stable economy and sustainable growth;
Amendment 113 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. EStresses that, in 13 of the 27 Member States, the level of government debt is above the 60% of GDP threshold, as is the euro area average, and that, in 10 Member States, the government deficit is above the 3% threshold, as is the euro area average; expresses concern about the high levels of government debt and deficits within the Member States and the risks of fiscal dominance that this entails;
Amendment 121 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Strongly welcomes the fact that headline inflation has come down from its peak of 10.6 % in October 2022 to 1.7 % in September 2024; notes that inflation levels vary widely across the euro area, ranging from 4.3% in Belgium to 0% in Ireland;
Amendment 191 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Stresses that diverging interest rates in the euro area are generally the result of different risk premia on government bonds; stresses that purchases under the TPI would merely conceal the symptoms of loose fiscal policy; calls on Member States to conduct responsible fiscal policies and ensure sustainable debt levelsand therefore lower levels of government debt;
Amendment 215 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. ReiterStresses that physical cash must remain a cornerstone of our payments system and provides the best guarantee of financial inclusion; states that the digital euro shouldcan serve as a complement to physical cash,; emphasises that it should not replace cash entirely and that cash should remain available at all times;
Amendment 276 #
Motion for a resolution
Paragraph 28
Paragraph 28
28. Calls on the ECB to use all its available tools to ensure that banks take climate risk seriously in order to mitigate the financial risks resulting from climate change and from the negative effects of the Green Deal on prices, in particular of commodities, and on employment that may arise if an unpragmatic approach is taken to the digital and green transition;
Amendment 280 #
Motion for a resolution
Paragraph 28
Paragraph 28
28. Calls on the ECB to use all its available tools to ensure that banks take climate risk seriously, in so far as it is properly quantified, in order to mitigate the financial risks resulting from climate change;
Amendment 298 #
Motion for a resolution
Paragraph 32
Paragraph 32
32. Welcomes the finalisation of the Basel III framework, as it will strengthen the resilience of the banking sectorCalls on the Commission to further refine the Basel III framework for banks, not only to ensure a level playing field internationally, but also to make it more balanced, more effective and more proportionate, in the spirit of the Draghi report; regrets that European implementation very much departs from the international framework; maintains that banking supervision should be based on real risks and not on secondary considerations;