3 Amendments of Burkhard BALZ related to 2010/0279(COD)
Amendment 82 #
Proposal for a regulation
Recital 4 a (new)
Recital 4 a (new)
(4a) The framework for preventing and correcting macroeconomic imbalances and the complete economic governance framework should complement and be compatible with a Union strategy for growth and jobs which aims at boosting the Union's competitiveness and social stability. However, these interlinkages should neither provide for exemptions to the provisions of this Regulation nor for exemptions to the Stability and Growth Pact.
Amendment 137 #
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 neither the subject of an excessive imbalance procedure nor have an excessive deficitallocated to the stability mechanism announced in a Council Decision on 16 December 2010. Until the establishment of this mechanism the fines should be credited to the European Financial Stability Facility.
Amendment 235 #
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, betweenbe allocated to the stability mechanism for 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 determined in accordance with Article 126(6) of the Trea. Until the establishment of this mechanism those fines shall be credited to the European Financial Stability Facility.