Activities of Sylvie GOULARD related to 2014/2157(INI)
Plenary speeches (1)
European Central Bank annual report for 2013 (debate)
Amendments (7)
Amendment 18 #
Motion for a resolution
Recital E
Recital E
E. whereas, according to the Commission services’ spring 2014 forecast, the average inflation rate in the euro area was 1.3 % in 2013, down from 2.5 % in 2012; whereas inflation in the euro area has continued to be on a downward path since the beginning of 2014, reaching a low of 0.3 % in September; whereas the overall HICP inflation rate went down to 0% in Portugal, -0.1% in Italy and -0.3% in Spain in September 2014;
Amendment 74 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Points out that the ECB forecasts published in 2013 had not anticipated the actual conjunction of a flat growth and a very low inflation and even deflationary signs; calls, against this background, for the current forecasts of stronger economic growth and higher inflation in 2015 and 2016 to be read with caution;
Amendment 110 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Notes that the ECB has announced that it will purchase asset-backed securities (ABS) and covered bonds in order to empower the credit-easing impact of the TLTROs; stresses that such interventions on ABS market must be conducted in a transparent manner that does not create excessive risks for the ECB’s balance sheet, notably through transparent and strict conditionality;
Amendment 157 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Recalls that the independence of the ECB in the conduct of its monetary policy, as enshrined in the Treaties, is crucial to the objective of safeguarding price stability; recalls that all governments and public national authorities should also refrain from asking for actions or commenting on decisions which the ECB takes;
Amendment 159 #
Motion for a resolution
Paragraph 18 a (new)
Paragraph 18 a (new)
18a. Reminds that all members of the ECB's General Council are committed to the decisions taken which remain confidential, unless a decision has been taken to make them public;
Amendment 169 #
Motion for a resolution
Paragraph 19 a (new)
Paragraph 19 a (new)
19a. believes that central banks worldwide should work actively to avoid any policy that would generate negative spillovers on others; notes that some central banks call on other central banks to take on board potential negative spillovers of monetary policies long after they have unilaterally implemented their own policies;
Amendment 202 #
Motion for a resolution
Paragraph 24
Paragraph 24
24. Points out that activity on government securities continues to be a major source of profit for banks of the euro area, even though credit to the non-financial private sector remains sluggish; considers that technical and legislative work on risks linked to sovereign debt should be accelerated;