2019/2211(INI) European Semester for economic policy coordination: Annual Sustainable Growth Strategy 2020
Lead committee dossier:
Progress: Awaiting committee decision
| Role | Committee | Rapporteur | Shadows |
|---|---|---|---|
| Lead | ECON |
LALUCQ Aurore ( S&D)
|
GYŐRI Enikő ( EPP),
EROGLU Engin ( Renew),
BECK Gunnar ( ID),
LAMBERTS Philippe ( Verts/ALE),
JURZYCA Eugen ( ECR),
GUSMÃO José ( GUE/NGL)
|
| Committee Opinion | BUDG |
MARQUES Margarida ( S&D)
|
|
| Committee Opinion | ENVI |
CANFIN Pascal ( Renew)
|
|
| Committee Opinion | REGI | ||
| Committee Opinion | FEMM |
Lead committee dossier:
Legal Basis:
RoP 54
Legal Basis:
RoP 54Subjects
Events
2020/03/04
EP - Vote in committee
2020/02/17
EP - Committee opinion
Documents
2020/02/17
EP - Committee opinion
Documents
2020/01/27
EP - Amendments tabled in committee
Documents
2020/01/09
EP - Committee draft report
Documents
2019/12/19
EP - Committee referral announced in Parliament
2019/12/19
EP - Referral to associated committees announced in Parliament
2019/12/19
EP - CANFIN Pascal (Renew) appointed as rapporteur in ENVI
2019/11/25
EP - MARQUES Margarida (S&D) appointed as rapporteur in BUDG
2019/10/24
EP - LALUCQ Aurore (S&D) appointed as rapporteur in ECON
Documents
| Amendments | Dossier |
| 641 |
2019/2211(INI)
2020/01/20
ENVI
33 amendments...
Amendment 1 #
Draft opinion Paragraph 1 1.
Amendment 10 #
Draft opinion Paragraph 3 3. Welcomes the fact that the Annual Sustainable Growth Strategy 2020 report refocuses the European Semester process to put sustainability and the well-being of citizens at the center of economic and social policy, in particular with the new section created in the 2020 reports focusing on sustainability;
Amendment 11 #
Draft opinion Paragraph 3 3. Welcomes the fact that the Annual Growth Strategy 2020 report
Amendment 12 #
Draft opinion Paragraph 3 – subparagraph 1 (new) Notes that the European Semester needs to place a stronger focus on environmental sustainability by providing guidance to member States on where structural reforms and investments towards a sustainable economic model are most needed.
Amendment 13 #
Draft opinion Paragraph 4 4. Notes in that respect that coordination of Member States’ macroeconomic policies is, amongst others, an essential tool to securing the achievement of the objectives of the European Green Deal, notably the carbon neutrality by 2050; welcomes the need to change the tax/subsidy systems, and urges for greater flexibility allowed within stability and growth pact at the very last to exclude environmental and social public investment from this3% rule; calls for State aid rules to be reformed to allow for unprecedented public investment in the green transition, public services and social protection;
Amendment 14 #
Draft opinion Paragraph 4 4. Notes in that respect that
Amendment 15 #
Draft opinion Paragraph 4 a (new) 4 a. Stresses that definitive decoupling of energy and resource use from economic growth is needed to achieve the EU’s climate and energy targets, in line with the commitments made under the Paris Agreement
Amendment 16 #
Draft opinion Paragraph 5 Amendment 17 #
Draft opinion Paragraph 5 5. Calls on the European Commission to
Amendment 18 #
5.
Amendment 19 #
Draft opinion Paragraph 5 5. Calls on the European Commission to extend the European semester by completing the current approach based on fiscal and budgetary discipline with climate and environmental discipline
Amendment 2 #
Draft opinion Paragraph 2 2.
Amendment 20 #
Draft opinion Paragraph 5 5.
Amendment 21 #
Draft opinion Paragraph 5 5. Calls on the European Commission to
Amendment 22 #
Draft opinion Paragraph 5 5. Calls on the European Commission to extend the European semester by complementing the current approach based on fiscal and budgetary discipline with climate and environmental
Amendment 23 #
Draft opinion Paragraph 5 – subparagraph 1 (new) Calls on the European Commission to create a real protection strategy for forests which must be developed in close cooperation with the Member States and their national forestry policies. This strategy must provide a coherent framework for sustainable forest management having in account their role in the fight against climate change and biodiversity loss.
Amendment 24 #
Draft opinion Paragraph 5 – point 1 (new) (1) Calls for greater coherence of the Civil Union Protection Mechanism with other EU policies in the field of disaster prevention and preparedness, such as the EU strategy for climate change adaptation, the European Structural and Investment Funds, the Solidarity Fund, the environmental legislation, research or innovation policies.
Amendment 25 #
Draft opinion Paragraph 5 – point 2 (new) (2) Welcomes the decision of the European Commission to include in the new list of energy projects the completion of the energy interconnections between Portugal, Spain and France. Notes that these interconnections are essential for renewable energy sources to thrive and make Europe world number one in renewable energy and strengthening the security of energy supply across Europe.
Amendment 26 #
Draft opinion Paragraph 5 a (new) 5 a. Underlines that a substantial part of the investments needed to meet the ambitions outlined in the European Green Deal will have to come from public national and sub-national budgets; urges therefore the Commission to revise the EU fiscal rules with a view to removing barriers to public sustainable investments and allow the EU to fully seize the opportunity presented by low or even negative interest rates, to substantially increase green investment including by spreading the amount of the investment expenditure over the lifetime of the gross capital formation for public sustainable investments compliant with the requirements under the Taxonomy Regulation;
Amendment 27 #
Draft opinion Paragraph 5 a (new) 5 a. Notes the necessity to implement the virtuous triangle of effective structural reforms, investments and responsible fiscal policies, in order to prepare the EU for its challenges, such as the transition to a low carbon economy in line with the Paris Agreement on Climate Change, whilst strengthening competitiveness;
Amendment 28 #
Draft opinion Paragraph 5 b (new) 5 b. Insists equally that coherence requires a revision of state aid rules (in particular the General Block Exemption Regulation, the Guidelines on State aid for environmental protection and energy, as well as the ETS State Aid Guidelines) to be fully consistent with GHG reduction and environmental objectives, in particular the need to phase out direct and indirect fossil fuel subsidies by 2020, including disguised aid granted to fossil fuels such as closure aid for coal mines and compensation for stranded assets or airport expansions;
Amendment 29 #
Draft opinion Paragraph 5 b (new) 5 b. Emphasizes the importance and employment potential of the Member States' contribution towards the achievement of the SDGs as this will create new jobs in the service sector and in the development of sustainable products and markets;
Amendment 3 #
Draft opinion Paragraph 2 2. Welcomes the fact that the Communication makes the European Green Deal the Union's new growth strategy and engine of the economic strategy of the EU in order to put the Union on the right path to carbon neutrality while benefting European citizens and companies by creating additional jobs and new growth;
Amendment 30 #
Draft opinion Paragraph 5 c (new) 5 c. Strongly agrees with the Commission that taxes and subsidies should support the transition to a green economy; calls on the Commission to issue ambitious country specific recommendations to promote national tax reforms and a swift phase out of fossil fuel subsidies to support the transition to a green economy;
Amendment 31 #
Draft opinion Paragraph 5 c (new) 5 c. Notes that without sustainable fiscal policy and credible financial situation of Member States any future financing model of Green deal is endangered, therefore, demands that public "green investment" must be treated under Stability and Growth pact just like any other public spending.
Amendment 32 #
Draft opinion Paragraph 6 6. Underlines the importance of structured and systematic dialogue with civil society at the national level with a view of increasing ownership
Amendment 33 #
Draft opinion Paragraph 6 6. Underlines the importance of structured and systematic dialogue with national parliaments and civil society at the national level with a view of increasing ownership.
Amendment 4 #
Draft opinion Paragraph 2 2. Welcomes the fact that the Communication makes the European Green Deal the engine of the economic strategy of the EU in order to put the Union on the right path to carbon neutrality and a just and inclusive transition;
Amendment 5 #
Draft opinion Paragraph 2 2.
Amendment 6 #
Draft opinion Paragraph 2 2. Welcomes the fact that the Communication makes the European Green Deal the engine of the
Amendment 7 #
Draft opinion Paragraph 2 – subparagraph 1 (new) Underline that a coherent and consistent industrial policy and an ambitious green deal must be debated together in order to deliver smart solutions.
Amendment 8 #
Draft opinion Paragraph 3 3. Welcomes the fact that the Annual Growth Strategy 2020 report refocus the European Semester process to put sustainability and the well-being of citizens at the center of economic policy, in particular with the new section created in the 2020 reports focusing on sustainability; calls on the Commission to give a territorial dimension to the European Semester at both analytical and operational level; considers, furthermore, that in order to ensure the effective management of structural policies, regional and local authorities must be involved in drawing and taking decisions on these policies;
Amendment 9 #
Draft opinion Paragraph 3 3. Welcomes the fact that the Annual Sustainable Growth Strategy 2020 report refocus the European Semester process to put sustainability and the well-being of citizens at the center of economic policy, in particular with the new section created in the 2020 reports focusing on sustainability; welcomes the recognition of the Commission that economic growth is not an end in itself and that the economy must work for the people and the planet.
source: 646.849
2020/01/27
ECON
540 amendments...
Amendment 1 #
Motion for a resolution Citation 12 a (new) - having regard to the Commission proposal of 2 May 2018 for a Regulation of the Parliament and of the Council on the protection of the Union's budget in case of generalised deficiencies as regards the rule of law in the Member States (COM(2018)324),
Amendment 1 #
Draft opinion Paragraph 1 1. Acknowledges that Europe’s economy
Amendment 10 #
Motion for a resolution Citation 22 a (new) - having regard to the Charter of Fundamental Rights of the European Union,
Amendment 10 #
Draft opinion Paragraph 1 1. Acknowledges that Europe’s economy is showing signs of less dynamic growth as the Commission projects Euro area GDP growth of 1.2% for 2020/2021; highlights that more must be done to support Member States which are experiencing slower growth and high unemployment, particularly where young people are concerned;
Amendment 100 #
Motion for a resolution Paragraph 2 2. Notes the role of the European Green Deal as the EU’s new growth strategy
Amendment 100 #
Draft opinion Paragraph 7 – point 2 (new) (2) Stresses that fair compensation and real wage growth are paramount in reducing working people poverty;
Amendment 101 #
Motion for a resolution Paragraph 2 2. Notes the role of the European Green Deal as the EU’s new strategy defining ecological issues and the wellbeing of citizens as principal goals for the Union; notes, with regard to the scope of the European Semester, the inclusion of the SDGs and of the principles of the European Pillar of Social Rights (EPSR), which will require the adjustment of existing indicators and the creation of new ones to monitor the implementation of EU economic, environmental and social policies, as well as coherence between policy goals and budgetary means; notes the need to implement long-term planning to tackle climate change while preventing the widening of current socioeconomic cleavages within Europe;
Amendment 101 #
Draft opinion Paragraph 7 a (new) 7a. Regrets that, as highlighted by the European Commission in the Annual Sustainable Growth Strategy 2020, women remain at a disadvantage in the labour market, despite generally achieving better educational outcomes; recalls the crucial role of work-life balance policies to close the gender employment and the gender pay gap; underlines, in this respect, the need to strengthen the gender dimension in the European Semester process and in Cohesion Policy;
Amendment 102 #
Motion for a resolution Paragraph 2 2. Notes the role of the European Green Deal as the EU’s new strategy defining ecological issues and the wellbeing of citizens as principal goals for the Union; notes, with regard to the scope of the European Semester, the inclusion of the SDGs
Amendment 102 #
Draft opinion Paragraph 7 a (new) 7a. Notes that some Member States are in urgent need for investment in infrastructure and public services and calls on the European Commission to find the necessary instruments to transmit the knowhow of more developed countries in this sector to the countries in need.
Amendment 103 #
Motion for a resolution Paragraph 2 2. Notes that the role of the European Green Deal as the EU’s new strategy defining ecological issues and the wellbeing of citizens
Amendment 103 #
Draft opinion Paragraph 7 b (new) 7b. Underlines the importance of social dialogue as an essential instrument to improve workers’ conditions, both in its bipartite and tripartite form; calls for the promotion of this dimension in the European Semester process;
Amendment 104 #
Motion for a resolution Paragraph 2 2. Notes the role of the European Green Deal as the EU’s new strategy defining ecological issues and the wellbeing of citizens as one of the principal goals for the Union; notes, with regard to the scope of the European Semester, the inclusion of the SDGs and of the principles of the European Pillar of Social Rights (EPSR), which
Amendment 104 #
Draft opinion Paragraph 8 Amendment 105 #
Motion for a resolution Paragraph 2 2. Notes the role of the European Green Deal as the EU’s new strategy defining ecological issues and the wellbeing of citizens as principal goals for the Union; notes, with regard to the scope of the European Semester, the inclusion of the SDGs and of the principles of the European Pillar of Social Rights
Amendment 105 #
Draft opinion Paragraph 8 8. Believes that the relationship between cohesion policy and economic governance processes under the European Semester should be balanced, reciprocal and focused on positive incentives; supports further recognition of the territorial dimension, which would be beneficial for the European Semester; calls for the European Agricultural Fund for Rural Development to be substantially increased to support changes in the agricultural sector, to modernise it, to prevent carbon emissions and the excessive use of plant protection products and GMOs; encourages the use of short supply chains in order to shorten delivery journeys which generate greenhouse gas emissions.
Amendment 106 #
Motion for a resolution Paragraph 2 a (new) 2 a. Calls for the transformative agenda of the European Green Deal to be reflected in a greener European Semester; believes that the UN Sustainable Development Goals should be integrated in the EU Semester, in order to make the process also a driver of change towards sustainable wellbeing for all in Europe; therefore calls for the further integration of social and environmental indicators and targets into the semester;
Amendment 106 #
Draft opinion Paragraph 8 8. Believes that the relationship between cohesion policy and economic governance processes under the European Semester should be balanced, reciprocal, transparent and focused on positive incentives; supports further recognition of the territorial dimension, which would be beneficial for the European Semester
Amendment 107 #
Motion for a resolution Paragraph 2 a (new) 2 a. Calls on European Institutions to assess whether EU methodologies for the evaluation of the economic and social performance of EU Member States as well as the targets applied under the Stability and Growth Pact are still up-to-date, given that the overall socioeconomic conditions both at national and European level have changed drastically since the time when they were first drafted;
Amendment 107 #
Draft opinion Paragraph 8 8. Believes that the relationship between cohesion policy and economic governance processes under the European Semester should be balanced, reciprocal and focused on positive incentives; supports further recognition of the territorial dimension
Amendment 108 #
Motion for a resolution Paragraph 2 a (new) 2 a. Calls on the Commission urgently to start work on the creation of it’s own coordination mechanism in the EU to ensure that Europe is able to become the first climate-neutral continent by 2050;
Amendment 108 #
Draft opinion Paragraph 8 8. Believes that the relationship between cohesion policy and economic governance processes under the European Semester should be balanced, reciprocal and focused on positive incentives; supports further recognition of the territorial dimension and expertise capacities at local and regional level, which would be beneficial for the European Semester.
Amendment 109 #
Motion for a resolution Paragraph 2 b (new) Amendment 109 #
Draft opinion Paragraph 8 8. Believes that the relationship between cohesion policy and economic governance processes under the European Semester should be balanced
Amendment 11 #
Motion for a resolution Citation 22 b (new) - having regard to the conventions and recommendations of the International Labour Organisation (ILO),
Amendment 11 #
Draft opinion Paragraph 1 1. Acknowledges that Europe’s economy is showing signs of less dynamic growth and that inequalities still persist; highlights that more must be done to fight these inequalities and to support Member States which are experiencing slower growth and high unemployment, particularly where young people are concerned;
Amendment 110 #
Draft opinion Paragraph 8 a (new) 8a. Calls for a support to all aspects of European Territorial Cooperation (cross- border, transnational and interregional cooperation, both internally and externally),thereby working towards the overall objective of economic, social and territorial cohesion;
Amendment 111 #
Draft opinion Paragraph 8 a (new) 8a. Points out that the European Semester should take into account the promotion of access to effective funding in highly polluting sectors in order to research and implement ecological and less polluting solutions with the aim of reducing toxic gasses;
Amendment 112 #
Draft opinion Paragraph 8 a (new) Amendment 113 #
Motion for a resolution Paragraph 2 a (new) 2 a. Is of the opinion that the integration of the Sustainable Development Goals into the Semester process must include the integration of targets and indicators related to Sustainable Development Goals 13 (Climate Action), 14 (Life Below Water) and 15 (Life on Land);
Amendment 113 #
Draft opinion Paragraph 8 a (new) 8a. Recalls the need to ensure that greater attention should be paid, including appropriate budgetary allocations, in order to safeguard and enhance the historical and cultural heritage of the Member States;
Amendment 114 #
Motion for a resolution Paragraph 2 b (new) 2 b. Calls therefore on the Commission to expand the European Semester by complementing the current approach based on fiscal and budgetary discipline with climate and environmental discipline to ensure that EU economic governance improves the well-being of all within planetary boundaries; calls, in particular, on the European Commission to use or, if necessary, adjust the indicators related to SDG 13 (Climate Action) to assess the discrepancy between Member States' actual budgets and a Paris aligned scenario for their national budgets; stresses that these climate indicators must provide Member States with an indication on their trajectory of temperature under the framework of the Paris Agreement, thus enabling the extended European Semester to provide Member States with recommendations for the decrease of their climate debts;
Amendment 114 #
Draft opinion Paragraph 8 b (new) 8b. Stresses that SMEs are a fundamental engine of development and employment in EU economy, in particular in Mediterranean regions and countries, and that - for structural reasons -they hardly can exploit the full potential of the single market if charged with heavy tax and administrative burdens; asks the Commission therefore to eliminate unnecessary burdens and barriers.
Amendment 115 #
Motion for a resolution Paragraph 3 3. Considers achieving a fair transition to climate neutrality to be a major responsibility for the EU’s citizens and economy and its role in the world; calls for appropriate support and policies, with involvement for and of the public, the various sectors, regions and Member States with a view to benefiting from this transformation and making it a success; calls on the Commission to undertake an annual evaluation of the Union’s ecological debt, carbon budget and imported emissions; Deplores the Just Transition Fund financial proposal (€7,5 billion) for not being nearly sufficient to ensure that carbon-dependent countries achieve a fair transition to a greener economy; Insists that the criteria underlying the distribution of the fund should take into account the need to promote economic and social upward convergence, countries’ vulnerability to climate change consequences and also the level of fiscal effort that some countries have made in the past to promote energy transition.
Amendment 115 #
Draft opinion Paragraph 8 b (new) 8b. Calls on the Commission to urge the Member States to increase the cooperation between national and regional authorities and all the steak- holders in order to jointly establish development priorities and the distribution of funds stimulating the engagement of the civil society in their own future;
Amendment 116 #
3. C
Amendment 116 #
Draft opinion Paragraph 8 b (new) 8b. Considers necessary to ensure greater economic commitment in favour of preventing measures to reduce natural risks related to natural disasters and the spread of plant diseases;
Amendment 117 #
Motion for a resolution Paragraph 3 3. Considers achieving a fair transition to climate neutrality to be a major responsibility for the EU’s citizens and economy and its role in the world;
Amendment 117 #
Draft opinion Paragraph 8 c (new) 8c. Acknowledges the importance of independent communication channels and correct information at the national, regional and local levels; therefore we strongly recommend to the European Commission to put in place measures to support independent journalism at the regional and local level to disseminate the European Values and the achievements of the Cohesion Policy;
Amendment 118 #
Motion for a resolution Paragraph 3 3. Considers achieving
Amendment 118 #
Draft opinion Paragraph 8 d (new) 8d. Points out that the European Semester should assess the measures for real and accessible information for all the potential eligible beneficiaries of European Funds;
Amendment 119 #
Motion for a resolution Paragraph 3 3. Considers achieving a fair transition to climate neutrality
Amendment 119 #
Draft opinion Paragraph 8 e (new) 8e. Considers that there is a need for further simplification and greater flexibility of mechanisms of accessing European Funds both at the Commission and at the Member States level, an increase of the access to the funds for the potential beneficiaries including NGOs and economic actors.
Amendment 12 #
Motion for a resolution Citation 22 c (new) - having regard to the revised European Social Charter of the Council of Europe,
Amendment 12 #
Draft opinion Paragraph 1 1. Acknowledges that Europe’s economy is showing signs of less dynamic growth; highlights that more must be done to support Member States which are experiencing slower growth and high unemployment, which is projected to be over 7 % in the Euro area in 2020/2021, particularly where young people are concerned;
Amendment 120 #
Motion for a resolution Paragraph 3 3. Considers achieving a fair transition to climate neutrality to be a major responsibility for the EU’s citizens and economy and its role in the world; calls for appropriate support and policies, with involvement for and of the public, the various sectors, regions and Member States with a view to benefiting from this transformation and making it a success; calls on the Commission to undertake an annual evaluation of the Union’s ecological debt, carbon budget and imported emissions; calls for the establishment of indicators on the poverty rate, on inequalities, on fuel poverty rate, on environmental employment, on biodiversity loss and on chemical pollution to take account of Planetary boundaries.
Amendment 120 #
Draft opinion Paragraph 8 f (new) 8f. Emphasises that the degree of involvement of the social partners at national level is still low and that both the Commission and the Member States governments should do more to ensure that they are regularly consulted and their views are taken into consideration in both policy and decision-making.
Amendment 121 #
Motion for a resolution Paragraph 3 3. Considers achieving a fair transition to climate neutrality - while at the same time doing its utmost to safeguard the EU's competitiveness worldwide and protect EU citizens from any potential negative social consequences that such transformation might cause - to be a
Amendment 121 #
Draft opinion Paragraph 8 g (new) 8g. Stresses that the ecological transformation of the European economy and society must not overshadow the importance of the economical and industrial development of the European Union and its position in the global economy; furthermore the Commission should take into account the promotion of access to effective development tools for all the steak-holders in the regions most affected by the ecological transition.
Amendment 122 #
Motion for a resolution Paragraph 3 3.
Amendment 122 #
Draft opinion Paragraph 8 h (new) 8h. Welcomes the European Commission's proposal to establish a Just Transition Fund in order to boost investments in climate-friendly technologies; stresses that the fund also aims to compensate efforts, requiring several economic sectors to comply with the EU’s climate objectives; warns that the money used for the constitution of the just transition fund should not impact the overall level of cohesion allocations; recalls the European Parliament's position to maintain the level of cohesion funding in the next MFF; notes that some existing cohesion funds already contribute to the fight against climate change.
Amendment 123 #
Motion for a resolution Paragraph 3 3.
Amendment 123 #
Draft opinion Paragraph 8 i (new) 8i. Stresses that the implementation of Green Deal projects will require significant levels of know-how, manpower and expertise; calls for the EIB and the Commission to ramp up their efforts to provide assistance to project holders and local, regional and national authorities;
Amendment 124 #
Motion for a resolution Paragraph 3 3. Considers achieving a fair transition to climate neutrality to be
Amendment 124 #
Draft opinion Paragraph 8 j (new) 8j. Welcomes the EU's commitment to implement the SDGs both in its policies and their inclusion in the European Semester; believes that Implementation of the SDGs should be on the focus of the EU in the next years.
Amendment 125 #
Motion for a resolution Paragraph 3 3. Considers achieving a fair transition to climate neutrality to be a major responsibility for the EU’s citizens and economy and its role in the world; calls for appropriate support and policies, with involvement for and of the public, the various sectors, regions and Member States with a view to benefiting from this transformation and making it a success; calls on the Commission to undertake an annual evaluation of the Union’s e
Amendment 126 #
Motion for a resolution Paragraph 3 – subparagraph 1 (new) Calls on the European Commission to extend, without weakening the current EU economic governance process, the European Semester by complementing the current approach, based on fiscal and budgetary discipline, with climate and environmental discipline; calls therefore on the European Commission to develop a new climate indicator, mirroring the economic indicators, to assess the discrepancy between the structure of Member States’ budget and a Paris- aligned scenario for each of their national budgets; stresses the need for this indicator to provide Member States with an indication on their trajectory of temperature under the framework of the Paris Agreement, thus enabling the extended European Semester to provide recommendations about the decrease of their climate debt;
Amendment 127 #
Motion for a resolution Paragraph 3 a (new) 3 a. stresses that not all Member States, regions and cities are starting from the same starting point when it comes to designing and implementing climate and environmental policies; therefore, although the transition to a sustainable economic model has the potential to stimulate growth and employment, policy measures are needed to mitigate short- term negative consequences for certain sectors and regions
Amendment 128 #
Motion for a resolution Paragraph 3 a (new) 3 a. Emphasizes, in this context, that an ambitious Just Transition Fund must mitigate the, mostly social, costs of the transformation connected to the New Green Deal especially in the regions that will be mostly affected by this change;
Amendment 129 #
Motion for a resolution Paragraph 3 a (new) 3 a. Underlines the need to improve the functioning of the European Semester process and ensure sound fiscal policies, reduce public debt, and build up fiscal buffers to improve the euro area economic resilience against future shocks;
Amendment 13 #
Motion for a resolution Citation 22 d (new) - having regard to the European Pillar of Social Rights,
Amendment 13 #
Draft opinion Paragraph 1 1. Acknowledges that Europe’s economy is showing signs of less dynamic growth; highlights that more must be done to support Member States which are experiencing slower growth and high unemployment, particularly where young people and less-developed regions are concerned;
Amendment 130 #
Motion for a resolution Paragraph 3 a (new) 3 a. Stresses that economic growth and fiscal stability is a necessity to combine fight against climate change with a high level of welfare and public support for the transition;
Amendment 131 #
Motion for a resolution Paragraph 3 a (new) 3 a. Welcomes the recent proposal by the Commission on a Just Transition Mechanism and the Commission’s commitment of leaving no one behind on the fight on climate change;
Amendment 132 #
Motion for a resolution Paragraph 3 b (new) 3 b. Recalls that fiscal cost linked to pensions, health care and long-term are expected to rise over the coming decades, as Europe’s population continues to age significantly; therefore, calls Member States to take responsibility towards future generations and build up fiscal buffers;
Amendment 133 #
Motion for a resolution Paragraph 3 b (new) 3 b. Reiterates the importance of ensuring that European industries are protected from external competition operating with lower emission standards
Amendment 134 #
Motion for a resolution Subheading 2 Economic outlook (based on winter Economic outlook)
Amendment 135 #
Motion for a resolution Paragraph 4 4. Notes that the euro area is going through a prolonged period of subdued growth (1.1 % in the euro area and 1.4% in the EU as a whole in
Amendment 136 #
Motion for a resolution Paragraph 4 4. Notes that the euro area is going through a prolonged period of subdued growth (1.1 % in the euro area and 1.4% in the EU as a whole in 2019), with growth in the euro area in 2020 and 2021 forecast at 1.2 % and for the EU in 2020 and 2021 forecast at 1.4 %; also notes that the inflation rate is forecast to further slow down, to 1.2 % in 2019 and 2020, in a context of high uncertainty due to geopolitical tensions
Amendment 137 #
Motion for a resolution Paragraph 4 4. Notes that the euro area is going through a prolonged period of subdued growth (1.1 % in the euro area and 1.4% in the EU as a whole in 2019), with growth in the euro area in 2020 and 2021 forecast at 1.2 % and for the EU in 2020 and 2021 forecast at 1.4 %; also notes that the
Amendment 138 #
Motion for a resolution Paragraph 4 4. Notes that the euro area is going through a prolonged period of subdued growth (1.1 % in the euro area and 1.4% in the EU as a whole in 2019 with significant differences between Member States from 0.1 % to 5.6 %), with growth in the euro area in 2020 and 2021 forecast at 1.2 % and for the EU in 2020 and 2021 forecast at 1.4 %; also notes that the inflation rate is forecast to further slow down, to 1.2 % in 2019 and 2020, in a context of high uncertainty due to geopolitical tensions and Brexit; is concerned at the high level of both public and private debt;
Amendment 139 #
Motion for a resolution Paragraph 4 4. Notes with concern that the euro area is going
Amendment 14 #
Motion for a resolution Citation 22 e (new) - having regard to the United Nations 2030 Agenda for Sustainable Development and to the Sustainable Development Goals (SDGs),
Amendment 14 #
Draft opinion Paragraph 1 1. Acknowledges that Europe’s economy is showing signs of less dynamic growth; highlights that more must be done to support Member States which are experiencing slower growth and high unemployment, particularly where young people and vulnerable groups are concerned;
Amendment 140 #
Motion for a resolution Paragraph 4 4. Notes that the euro area is going through a prolonged period of subdued growth (1.
Amendment 141 #
Motion for a resolution Paragraph 4 a (new) 4 a. Is concerned about risks to the wider economy that originate in an insufficiently de-risked financial sector; notes in this context the unintended side- effects of persistently low interest rates, elevated levels of private debt, the continued existence of banks that are too big and interconnected to fail, and present obstacles to their orderly resolution, and the under-provisioned danger that climate change poses to financial stability; is also concerned about the sovereign-bank nexus and the absence of a European safe asset;
Amendment 142 #
Motion for a resolution Paragraph 4 a (new) 4 a. Is concerned of the anaemic productivity and increasing level of private debts, is equally concerned that public debt in some Member States is expected to increase in 2021;
Amendment 143 #
Motion for a resolution Paragraph 4 a (new) 4 a. Notes that long-term potential growth is affected by negative demographic situation, therefore demanding policies to overcome this situation and to foster productivity;
Amendment 144 #
Motion for a resolution Paragraph 5 5. Is concerned that post-crisis investment has been on a down ward path in the EU in spite of historically low interest rates, currently standing at 3.4 %, with overall infrastructure investment now at about
Amendment 145 #
Motion for a resolution Paragraph 5 5. Is concerned that post-crisis investment has been on a downward path in the EU in spite of historically low interest rates, currently standing at 3.4 %, with overall infrastructure investment now at about 75 % of its pre-crisis level;
Amendment 146 #
Motion for a resolution Paragraph 5 5. Is concerned that post-crisis investment has been on a downward path in the EU in spite of historically low interest rates set by the ECB, currently standing at 3.4 %, with overall infrastructure investment now
Amendment 147 #
Motion for a resolution Paragraph 5 5. Is concerned that post-crisis investment has been on a downward path in the EU in spite of historically low interest rates, currently standing at 3.4 %, with overall infrastructure investment now at about 75 % of its pre-crisis level;
Amendment 148 #
Motion for a resolution Paragraph 5 5. Is concerned that post-crisis investment has been on a downward path in the EU in spite of historically low interest rates, currently standing at 3.4 %,
Amendment 149 #
Motion for a resolution Paragraph 5 5. Is concerned that post-crisis investment has been on a downward path in the EU in spite of historically low interest rates, currently standing at 3.4 %,
Amendment 15 #
Motion for a resolution Citation 23 Amendment 15 #
Draft opinion Paragraph 1 1. Acknowledges that Europe
Amendment 150 #
Motion for a resolution Paragraph 5 5. Is concerned that post-crisis investment has been on a downward path in the EU in spite of historically low interest rates, currently standing at 3.4 %, with overall infrastructure investment now at about 75 % of its pre-crisis level; notes that monetary policy of low interest rates has not helped to increase the level of investments to pre-crisis level; whereas 80 % of the shortfall is the result of cutbacks in the public sector, which have occurred particularly in countries subject to adverse macroeconomic conditions and the more severe fiscal constraints imposed on disadvantaged regions already characterised by poor infrastructure quality and weak socio-
Amendment 151 #
Motion for a resolution Paragraph 5 a (new) 5 a. Considers that the transition to a new growth model requires significant amount of public and private investment; stresses the importance of a properly funded EU budget able to deliver on the common challenges committed and to meet citizens expectations; recalls the need to create the right conditions for private investment to accelerate the transformation and the importance to complete the Capital Markets Union to support long-term investment, including the one for the transitions, and foster higher-risk investment for young and innovative firms.
Amendment 152 #
Motion for a resolution Paragraph 5 a (new) 5 a. Emphasises that reliable investment requires a regulatory environment that allows for a return on investment; considers that predictable rules, a level playing field and reduced compliance costs are crucial factors for attracting investment;
Amendment 153 #
Motion for a resolution Paragraph 5 a (new) 5 a. Therefore reiterates its requests for a stronger EU policy aimed at creating a more concrete stimulus towards having the right conditions to acquire higher levels of public and private investment in the Union;
Amendment 154 #
Motion for a resolution Paragraph 5 a (new) 5 a. Emphasises that Member States must increase productivity through productive investments that can stimulate much-needed potential economic growth;
Amendment 155 #
Motion for a resolution Paragraph 5 b (new) 5 b. Stresses that intra-European foreign direct investment can lead to productivity gains for both the investing firm and local firms in the host regions, and helps generate economic convergence within Europe; considers that clear and enforceable rules, a level playing field and reduced compliance costs are crucial factors for attracting investment, a key component of the EU Single Market that delivers economic growth, creates jobs and secures prosperity for our citizens;
Amendment 156 #
Motion for a resolution Paragraph 5 c (new) 5 c. Highlights the urgent Need for a fully-fledged capital markets union, as better integrated financial markets could provide for further private risk-sharing and risk-reduction mechanisms, facilitate cross-border investments and access to finance for SMEs and the real economy, and promote sustainable investments
Amendment 157 #
Motion for a resolution Paragraph 5 d (new) 5 d. Considers that reforms removing disproportionate red tape to investments would both facilitate economic activity and create conditions conducive to long- term growth;
Amendment 158 #
Motion for a resolution Paragraph 5 e (new) 5 e. Stresses that increasing productivity growth requires investment in skills, innovation, Automation, digitalisation, R&D, sustainable mobility and infrastructure, and emphasises the need to invest in both physical and human capital, and thereby calls on the Member States to ensure equal access to lifelong education, upskilling and retraining to best prepare our citizens to face the challenges of the Digital age;
Amendment 159 #
Motion for a resolution Paragraph 6 Amendment 16 #
Motion for a resolution Citation 24 Amendment 16 #
Draft opinion Paragraph 1 – point 1 (new) (1) Notes that EU export growth in 2020/2021 is expected to be slower than in the 10 previous years; stresses the importance of export promoting initiatives to spur economic growth in the EU;
Amendment 160 #
Motion for a resolution Paragraph 6 6. Endorses the conclusion of the European Fiscal Board (EFB)
Amendment 161 #
Motion for a resolution Paragraph 6 6. Endorses the conclusion of the European Fiscal Board (EFB) that the current EU fiscal framework
Amendment 162 #
Motion for a resolution Paragraph 6 6.
Amendment 163 #
Motion for a resolution Paragraph 6 6. Endorses the conclusion of the European Fiscal Board (EFB) that the fiscal framework has not protected the quality of public expenditure
Amendment 164 #
Motion for a resolution Paragraph 6 6. Endorses the conclusion of the European Fiscal Board (EFB) that the fiscal framework has not protected the quality of public expenditure, and welcomes the EFB’s proposal
Amendment 165 #
Motion for a resolution Paragraph 6 6.
Amendment 166 #
6. Endorses the conclusion of the European Fiscal Board (EFB) that the fiscal framework has not protected the quality of public expenditure, and welcomes the EFB’s proposal for a ‘golden rule’ to protect public investment, provided that it is framed within clear parameters to prevent circumvention; calls, therefore, for the reform of the Stability and Growth Pact and the introduction of a golden rule aimed at implementing sound fiscal policy on an equal footing with investment within the EU’s policy objectives; whereas this should cover the investment foreseen for the realisation of the Green Deal, the Digital Revolution, the SDGs and the EPSR Rights, including expenditure aimed at reducing poverty and inequality related to social protection, health services and long-term care, and education and training;
Amendment 167 #
Motion for a resolution Paragraph 6 6. Endorses the conclusion of the European Fiscal Board (EFB) that the fiscal framework has not protected the quality of public expenditure, and
Amendment 168 #
Motion for a resolution Paragraph 6 6. Endorses the conclusion of the European Fiscal Board (EFB) that the fiscal framework has
Amendment 169 #
6. Endorses the conclusion of the European Fiscal Board (EFB) that the fiscal framework has not protected the quality of public expenditure, and welcomes the EFB’s proposal for a ‘golden rule’ to protect public investment; calls, therefore, for the reform of the Stability and Growth Pact and the introduction of a
Amendment 17 #
Motion for a resolution Citation 24 a (new) - having regard to its legislative resolution of 4 April 2019 on the proposal for a Regulation of the European Parliament and of the Council on the protection of the Union’s budget in case of generalised deficiencies as regards the rule of law in the Member States1a, _________________ 1a Texts adopted, P8_TA(2019)0349.
Amendment 17 #
Draft opinion Paragraph 1 – point 2 (new) (2) Points out that export promoting initiatives could help solve unemployment issues, increase cohesion and reduce economic regional disparities;
Amendment 170 #
Motion for a resolution Paragraph 6 6. Endorses the conclusion of the European Fiscal Board (EFB) that the fiscal framework has not protected the quality of public expenditure, and welcomes the EFB’s proposal for a ‘golden rule’ to protect public investment; calls, therefore, for the reform of the Stability and Growth Pact and the introduction of a golden rule aimed at implementing sound fiscal policy on an equal footing with investment within the EU’s policy objectives; whereas
Amendment 171 #
Motion for a resolution Paragraph 6 6. Endorses the conclusion of the European Fiscal Board (EFB)
Amendment 172 #
Motion for a resolution Paragraph 6 a (new) 6 a. Notes that without sustainable fiscal policy and credible financial situation of Member States any future financing model of Green deal is endangered, therefore, demands that public "green investment" must be treated under Stability and Growth pact just like any other public spending;
Amendment 173 #
Motion for a resolution Paragraph 6 a (new) 6 a. urges the Eurogroup and the Economic and Financial Affairs Council to assess the orientation to begiven to national fiscal and economic policies in the light of the climate urgency and of the risks and costs that will follow from insufficient or late action
Amendment 174 #
Motion for a resolution Paragraph 6 a (new) 6 a. Welcomes that for 2020, the European Fiscal Board recommends a neutral fiscal stance in the euro area, with appropriate country differentiation;
Amendment 175 #
Motion for a resolution Paragraph 7 Amendment 176 #
Motion for a resolution Paragraph 7 Amendment 177 #
Motion for a resolution Paragraph 7 Amendment 178 #
Motion for a resolution Paragraph 7 7.
Amendment 179 #
Motion for a resolution Paragraph 7 7.
Amendment 18 #
Motion for a resolution Citation 24 b (new) - having regard to its resolution of 16 January 2020 on ongoing hearings under Article7 (1) of the TEU regarding Poland and Hungary1b, _________________ 1b Texts adopted, P9_TA(2020)0014.
Amendment 18 #
Draft opinion Paragraph 2 Amendment 180 #
Motion for a resolution Paragraph 7 7. Highlights the problem of too low a level of public investment; calls on the Commission to assess the cost of not taking action in this area, in particular by evaluating the difference between the need for investment and the actual investments made; Public policies by Member States need also to reflect the objectives of SDGs and the European Social Rights Pillar;
Amendment 181 #
Motion for a resolution Paragraph 7 7. Highlights the problem of too low a level of public investment; calls on the Commission to assess the cost of not taking action in this area, in particular by evaluating the difference between the need for investment and the actual investments made
Amendment 182 #
Motion for a resolution Paragraph 7 7. Highlights the problem of too low a level of public
Amendment 183 #
Motion for a resolution Paragraph 7 7. Highlights the problem of too low a level of public and private investment; calls on the Commission to assess the cost of not taking action in this area, in particular by evaluating the difference between the need for investment and the actual investments made;
Amendment 184 #
Motion for a resolution Paragraph 7 7. Highlights the problem of too low a level of p
Amendment 185 #
Motion for a resolution Paragraph 7 a (new) 7 a. Insists equally that coherence requires a revision of state aid rules (in particular the General Block Exemption Regulation, the Guidelines on State aid for environmental protection and energy, as well as the ETS State Aid Guidelines) to be fully consistent with GHG reduction and environmental objectives, in particular the need to phase out direct and indirect fossil fuel subsidies by 2020, including disguised aid granted to fossil fuels such as closure aid for coal mines and compensation for stranded assets or airport expansions;
Amendment 186 #
7 a. Stresses that increasing productivity growth requires a systematic and forward-looking research and innovation strategy, with an emphasis on increasing both physical and human capital; notes thereby that the productivity gap between the best and worst performing firms has increased in most Member States; urges for public and private investment in innovative technologies to foster the creation of new goods, services and business models;
Amendment 187 #
Motion for a resolution Paragraph 7 a (new) 7 a. Emphasises the fiscal benefits of investment efficiency measurements and investment quality comparison; recommends the Commission to systematically monitor the value for money of EU funded projects and to publish the evaluation criteria to maximise the benefits of public scrutiny;
Amendment 188 #
Motion for a resolution Paragraph 7 a (new) 7 a. Stresses the need for a growth- friendly investment climate and structural reforms fostering private investments and labour market participation;
Amendment 189 #
Motion for a resolution Paragraph 7 b (new) 7 b. warns that boosting investment should not be seen as an alternative to productivity-enhancing reforms;
Amendment 19 #
Motion for a resolution Citation 25 a (new) - having regard to the Commission communication of 14 January 2020 on the Sustainable Europe Investment Plan (COM(2020) 21 final)
Amendment 19 #
Draft opinion Paragraph 2 2. Notes that global growth prospects are uncertain and that trade tensions in the manufacturing sector have a negative impact on investment; strongly believes in an urgent need to shift our economy from linear to circular and calls on the Commission to start changing the policies from growth paradigm to post-growth and sustainable development thus putting the Economic and Monetary Union on a sustainable footing;
Amendment 190 #
Motion for a resolution Paragraph 8 Amendment 191 #
Motion for a resolution Paragraph 8 Amendment 192 #
Motion for a resolution Paragraph 8 Amendment 193 #
Motion for a resolution Paragraph 8 Amendment 194 #
Motion for a resolution Paragraph 8 8.
Amendment 195 #
Motion for a resolution Paragraph 8 8. Calls for a European Green Industrial Strategy
Amendment 196 #
Motion for a resolution Paragraph 8 8. Calls for a European Green Industrial Strategy and the reinforcement of the ambition of the Mobility Package in terms of support to investment on Green Mobility; calls for a Program to support investment in energy-efficient housing and reduce the energy poverty;
Amendment 197 #
Motion for a resolution Paragraph 8 8. Calls for a European Green Industrial Strategy; calls for a revision of state aid rules, thus allowing states to direct investment and promote certain industries in accordance with the objectives of industrial policy and social and environmental development.
Amendment 198 #
Motion for a resolution Paragraph 8 8. Calls for a European Green Industrial Strategy; calls on the Member States to promote private and public investment in real economy with fiscal incitation or other adequate measures ;
Amendment 199 #
Motion for a resolution Paragraph 8 8. Calls for a European Green Industrial Strategy that is sensitive to the social, economic and geographical characteristics of the different regions of the EU;
Amendment 2 #
Motion for a resolution Citation 13 — having regard to the Commission communication of
Amendment 2 #
Draft opinion Paragraph 1 1.
Amendment 20 #
Motion for a resolution Citation 25 a (new) - having regard to its resolution of 15 January 2020 on the European Green Deal (2019/2956(RSP)1a _________________ 1a Texts adopted, P9_TA(2020)0005.
Amendment 20 #
Draft opinion Paragraph 2 2.
Amendment 200 #
Motion for a resolution Paragraph 8 8. Calls for a European Green Industrial Strategy on the basis of innovations and incentives, rather than on the basis of sanctions and taxes;
Amendment 201 #
Motion for a resolution Paragraph 8 8. Calls for a European Green Industrial Strategy and taking into account the socio-economic differences of all Member States and regions;
Amendment 202 #
Motion for a resolution Paragraph 8 a (new) 8 a. Underlines the importance of boosting public investment in the EU Member States, particularly in those countries with less fiscal space, in order to remedy to the adverse effect of austerity policies on aggregate demand and employment; calls, to this end, that public productive investments be exempted from deficit and debt calculations; considers that the regulatory framework for private investment should be improved further;
Amendment 203 #
Motion for a resolution Paragraph 8 a (new) 8 a. Stresses that industrial competitiveness and climate policy are mutually reinforcing and that an innovative and climate neutral reindustrialisation will create local jobs and ensure competitiveness of the European economy;
Amendment 204 #
8 a. Considers that the green investments should be excluded when national deficits are assessed in the Stability and Growth Pact, allowing public authorities to spend on services and infrastructure;
Amendment 205 #
Motion for a resolution Paragraph 8 a (new) 8 a. Notes with concern that the EU share of global foreign direct investments flows have fallen significantly since the crisis;
Amendment 206 #
Motion for a resolution Paragraph 8 b (new) Amendment 207 #
Motion for a resolution Subheading 4 Amendment 208 #
Motion for a resolution Paragraph 9 Amendment 209 #
Motion for a resolution Paragraph 9 9.
Amendment 21 #
Motion for a resolution Citation 25 b (new) - having regard to the Proposal for a Regulation of the European Parliament and of the Council establishing the Just Transition Fund (COM(2020) 22 final)
Amendment 21 #
Draft opinion Paragraph 2 2. Notes that global growth prospects are uncertain and that trade tensions in the manufacturing sector have a negative impact on investment in equipment, which is forecasted to be almost two times lower in 2020/2021 than in 2018;
Amendment 210 #
Motion for a resolution Paragraph 9 9. Shares the concern expressed in others of the EFB’s conclusions regarding the pro-cyclical elements in the EU fiscal rules, which forced Member States to adjust their economies in a poor or difficult economic situation,
Amendment 211 #
Motion for a resolution Paragraph 9 9. S
Amendment 212 #
Motion for a resolution Paragraph 9 9.
Amendment 213 #
Motion for a resolution Paragraph 9 9.
Amendment 214 #
Motion for a resolution Paragraph 9 a (new) 9 a. Underlines that implementation of the Green deal shall not distort the long- term sustainability of public finances and shall be in full compliance with the Stability and Growth Pact and with short- term macroeconomic stabilisation;
Amendment 215 #
Motion for a resolution Paragraph 9 a (new) 9 a. States that climate policy must go hand-in-hand with supporting public and private investment in the EU and enhance industrial competitiveness of the EU economy as well as create further jobs;
Amendment 216 #
Motion for a resolution Paragraph 10 10. Notes that the debt levels of all the Member States are above the pre-crisis level and are expected to exceed 60 % in 2021; further notes that in six Member States the ratio will be higher than 90 %;
Amendment 217 #
Motion for a resolution Paragraph 10 10. Notes that the debt levels of all the Member States are above the pre-crisis level and are expected to exceed 60 % in 2021; further notes that in six Member States the ratio will be higher than 90 %;
Amendment 218 #
Motion for a resolution Paragraph 10 10. Notes that the debt levels of all the Member States are above the pre-crisis level and are expected to exceed 60 % in 2021; further notes that in six Member States the ratio will be higher than 90 %;
Amendment 219 #
Motion for a resolution Paragraph 10 10.
Amendment 22 #
Motion for a resolution Citation 27 Amendment 22 #
Draft opinion Paragraph 2 2. Notes that global growth prospects
Amendment 220 #
Motion for a resolution Paragraph 10 10. Notes with concern that the debt levels of all the Member States are above the pre-crisis level and are expected to exceed 60 % in 2021; further notes that in six Member States the ratio will be higher than 90 %;
Amendment 221 #
Motion for a resolution Paragraph 10 10. Notes that the debt levels of all the Member States are above the pre-crisis level and are expected to exceed 60 % in 2021; further notes that in six Member States the ratio will be higher than 90 %; highlights the fact that
Amendment 222 #
Motion for a resolution Paragraph 10 10.
Amendment 223 #
Motion for a resolution Paragraph 10 10. Notes that the debt levels of all the Member States are above the pre-crisis level and are expected to exceed 60 % in 2021; further notes that in six Member States the ratio will be higher than 90 %; highlights the fact that the
Amendment 224 #
Motion for a resolution Paragraph 10 10.
Amendment 225 #
Motion for a resolution Paragraph 10 a (new) 10 a. Recalls the need to reduce the levels of public debt to help the European economies to be more resilient to shocks, especially in highly indebted countries; warns about higher financing costs in the future once monetary policy accommodation is reduced, especially in the euro area;
Amendment 226 #
Motion for a resolution Paragraph 10 b (new) 10 b. Recalls that growth-friendly structural reforms do not require fiscal space but rather political, legislative and administrative efforts aimed at strengthening market forces and private sector initiatives;
Amendment 227 #
Motion for a resolution Paragraph 11 11.
Amendment 228 #
Motion for a resolution Paragraph 11 11. Supports flexibility in the implementation of the SGP as proposed by the Commission in 2015; considers that much more flexibility should be introduced in order to boost investment and ecological transition in the EU; calls, therefore, for the reform of the SGP and the introduction of a euro area fiscal capacity
Amendment 229 #
Motion for a resolution Paragraph 11 11.
Amendment 23 #
Motion for a resolution Citation 28 — having regard to the report of the Committee on Economic and Monetary Affairs, the opinions of the Committee on Budgets and the Committee on Regional Development (A9-0000/2019),
Amendment 23 #
Draft opinion Paragraph 2 – point 1 (new) (1) Points out that even without potential trade war escalations the Commission predicts tepid advanced economies’ growth for 2020/2021 of just 1.6%;
Amendment 230 #
Motion for a resolution Paragraph 11 11.
Amendment 231 #
Motion for a resolution Paragraph 11 11.
Amendment 232 #
Motion for a resolution Paragraph 11 11.
Amendment 233 #
Motion for a resolution Paragraph 11 11.
Amendment 234 #
Motion for a resolution Paragraph 11 11.
Amendment 235 #
Motion for a resolution Paragraph 11 11.
Amendment 236 #
Motion for a resolution Paragraph 11 a (new) 11 a. Stresses that Europe’s long economic crisis has revealed the structural fragility of the EU governance framework and the asymmetric nature of the EMU; calls for a change in the existing framework in order to effectively tackle the economic recession, boost quality job creation and regain competitiveness, including through public investment, especially in areas such as education, innovation and R&D;
Amendment 237 #
Motion for a resolution Paragraph 11 a (new) 11 a. Calls, therefore, for the reform of the SGP in order to simplify the European budgetary rules, in particular by ceasing to use indicators which are difficult to quantify, such as those related to the structural budgetary effort and the ‘output gap’;
Amendment 238 #
Motion for a resolution Paragraph 11 a (new) 11 a. Reiterates the need to further deepening the Economic and Monetary Union (EMU) and reminds that his can only be achieved by introducing a real Eurozone budget
Amendment 239 #
Motion for a resolution Paragraph 12 Amendment 24 #
Motion for a resolution Citation 28 a (new) - having regard to REGULATION (EU) 2018/1999 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 11 December 2018 on the Governance of the Energy Union and Climate Action
Amendment 24 #
Draft opinion Paragraph 2 a (new) 2a. Regrets that productivity growth in the EU remains significantly lower than that of other global players; in addition, it points out that disparities within the EU have increased, where among regions, the 10% most performing is six times more productive than the 10% least performing. Welcomes, in this regard, the establishment of National Productivity Committees in order to foster national debates on how to boost productivity and strengthen national ownership of structural reforms;
Amendment 240 #
Motion for a resolution Paragraph 12 Amendment 241 #
Motion for a resolution Paragraph 12 Amendment 242 #
Motion for a resolution Paragraph 12 Amendment 243 #
Motion for a resolution Paragraph 12 Amendment 244 #
Motion for a resolution Paragraph 12 12. Re
Amendment 245 #
Motion for a resolution Paragraph 12 12. Reiterates its call for a European stabilisation function and a European
Amendment 246 #
Motion for a resolution Paragraph 12 12. Reiterates its call for a European stabilisation function
Amendment 247 #
Motion for a resolution Paragraph 12 12.
Amendment 248 #
Motion for a resolution Paragraph 12 12. Reiterates its call for a European stabilisation function
Amendment 249 #
Motion for a resolution Paragraph 12 12. Reiterates its call for a
Amendment 25 #
Motion for a resolution Recital -A (new) -A. whereas the EU’s low productivity and global competitiveness require urgent structural reforms and fiscal discipline aiming at growth, employment and increased convergence within the EU;
Amendment 25 #
Draft opinion Paragraph 3 3.
Amendment 250 #
12 a. Recalls that growth-friendly structural reforms do not necessarily require fiscal space but rather legislative and administrative efforts aimed at strengthening market forces and private sector initiatives; notes especially that structural reforms aimed at fostering access to finance could enable a wider range of starters to benefit from innovations, thus boosting productivity growth;
Amendment 251 #
Motion for a resolution Paragraph 12 a (new) 12 a. Reminds, that one of the core policy areas of the European Semester and a prerequisite of sustained economic well-being is financial stability; therefore it is essential to ensure that financial institutions are better regulated and supervised both in the Eurozone and all over the EU, to put an end to the era of "too-big-to-fail" and massive bailouts paid for by taxpayers;
Amendment 252 #
Motion for a resolution Paragraph 12 a (new) 12 a. stresses the need to further strengthen the financial sector through the completion of the Banking Union and the Capital Markets Union;
Amendment 255 #
Motion for a resolution Paragraph 13 Amendment 256 #
Motion for a resolution Paragraph 13 13. Notes that the Commission warranted in-depth reviews for 13 Member States identified as having imbalances;
Amendment 257 #
Motion for a resolution Paragraph 13 13. Notes that the Commission
Amendment 258 #
Motion for a resolution Paragraph 13 13. Notes that the Commission warranted in-depth reviews for 13 Member States identified as having imbalances;
Amendment 259 #
Motion for a resolution Paragraph 13 a (new) 13 a. Recalls that some Member States still have large and persistent current account surpluses that are hampering recovery and preventing rebalancing within the Eurozone; deplores the fact that the Commission has never applied the existing tools available under the Macroeconomic imbalance procedure (MIP) to correct this imbalance; calls, in this regard, on the Commission to take decisive and effective action by applying the corrective arm of the MIP so as to ensure that excessive surpluses can be used to sustain public and private investments and boost economic growth;
Amendment 26 #
Motion for a resolution Recital -A a (new) -A a. whereas in order to achieve sustainable growth the EU needs to shift from rather experimental, unprecedented and unsustainable monetary policies to conventional, evidence based and growth- friendly investment, a comprehensive and non-selective implementation of the SGP, and structural reforms;
Amendment 26 #
Draft opinion Paragraph 3 3. Points out that the European Semester must consistently contribute to the elimination of social, economic and territorial inequalities and disparities between EU regions; emphasises that Member States play a key role in the economic and social development of the regions and in generating economic growth in the European Union; reiterates that it is essential that national governments work together in order for the European Green Pact to succeed; emphasises that achieving the objectives of the European Green Pact will depend mainly on the efforts of the Member States, which are natural intermediaries between the European Union and the regions.
Amendment 260 #
Motion for a resolution Paragraph 13 a (new) 13 a. Recalls that the Commission is legally required to report on the application of the 6-pack and 2-pack legislation; stresses on this regard that such report is overdue and calls on the Commission to finish this review without delay and to present its findings concerning the strengths and areas of improvement of these legislations; calls on the Commission to propose a revision of the 6-pack and 2-pack legislation as appropriate;
Amendment 261 #
Motion for a resolution Paragraph 13 a (new) 13 a. Believes that the Macroeconomic Imbalances Procedure (MIP) is a tool which has been under used since its creation; believes that it can be a useful tool for integrating environmental factors into the European semester and investment; calls for the creation of a new indicator and related thresholds within the established scoreboard to take environmental criteria into account;
Amendment 262 #
Motion for a resolution Paragraph 13 b (new) 13 b. Stresses that the 2 and 6 pack are both due to be reviewed very shortly and that the MIP is one of the few economic governance tools where the Parliament plays its full role of co-legislator;
Amendment 263 #
Motion for a resolution Paragraph 14 14. Is concerned about the accelerating rise in hous
Amendment 264 #
Motion for a resolution Paragraph 14 14. Is concerned about the accelerating rise in house prices; stresses that rising housing prices are having an impact on household private debt; underlines that private debt, if excessive, can play a significant role in the stability of the euro area; recalls the need for appropriate macro prudential supervision;
Amendment 265 #
Motion for a resolution Paragraph 14 14. Is concerned
Amendment 266 #
Motion for a resolution Paragraph 14 14. Is deeply concerned about the accelerating rise in house prices as a result of artificially cheap mortages due to the ultra-accommodative monetary policies of the ECB;
Amendment 267 #
Motion for a resolution Paragraph 14 14. Is concerned about the accelerating rise in house prices despite the persistent low levels of inflation in the euro area;
Amendment 268 #
Motion for a resolution Paragraph 14 14. Is concerned about the accelerating rise in house prices and the risk of asset bubbles in real estate markets;
Amendment 269 #
Motion for a resolution Paragraph 14 14. Is concerned about the accelerating rise in house prices as a consequence of ECB’s monetary policy;
Amendment 27 #
Motion for a resolution Recital -A b (new) -A b. whereas persisting high levels of public debt represent a drag on growth, greater risk of a fiscal crisis, lower national savings and income and lead to large tax hikes;
Amendment 27 #
Draft opinion Paragraph 3 3. Points out that the European Semester must consistently contribute to the elimination of social, economic and territorial inequalities and disparities between EU regions; calls on shifting any kind of investments towards sustainable investment; requires that ESI Funds have to be used for sustainable mobility, eco- entrepreneurs, green infrastructure and phasing out fossil fuels to avoid doing any harm on the environment and climate;
Amendment 270 #
Motion for a resolution Paragraph 14 a (new) 14 a. Therefore stresses the importance of wage increase at European level for reducing inequalities and supporting upward convergence of living standards; believes, therefore, that this wage increase should take the following format: an increase of 5 per cent in the minimum wage of all countries that have a minimum wage, while the minimum wage system, always adapted to national circumstances, is introduced in those countries that do not have it;
Amendment 271 #
Motion for a resolution Paragraph 14 a (new) Amendment 272 #
Motion for a resolution Paragraph 14 a (new) 14 a. Asks the Commission, in the context of the forthcoming revision of the six-pack, to use this revision to propose modifying the macroeconomic imbalances procedure so that it tackles more symmetrically, effectively and proactively the accumulation of excessive macroeconomic imbalances;
Amendment 273 #
Motion for a resolution Paragraph 14 a (new) 14 a. Is concerned that the low interest rates during a long growth period will lead to misperception about the high burden of indebtedness for future generations.
Amendment 274 #
Motion for a resolution Paragraph 14 b (new) 14 b. Recalls that addressing macroeconomic imbalances requires strengthening social, economic and territorial cohesion, and reducing regional disparities; notes the persisting asymmetry between the surveillance of macroeconomic policies and coordination of social policies within the Semester; demands accordingly that the Commission places economic and social objectives on an equal footing by introducing a Social Imbalance Procedure (SImP) aimed at flagging and correcting social imbalances within Member States in line with the principles of the Social Pillar and the possibly redefined indicators of the Social Scoreboard;
Amendment 275 #
Motion for a resolution Paragraph 15 15. Recalls the importance of the efficient regulation of the banking and financial sectors in order to prevent a new crisis; believes that such regulation must integrate the ecological situation;
Amendment 276 #
Motion for a resolution Paragraph 15 15. Recalls the importance of the efficient regulation of the banking and financial sectors in order to prevent a new crisis; believes that such regulation must integrate the ecological situation; emphasises the importance of completing the Banking Union and the need to reform the European Stability Mechanism; with a credible European deposit insurance scheme, a package to reduce non- performing loans and a structural reform of the banking sector to prevent financial institutions from being “too big to fail” and separate essential banking services for citizens from trading activities and speculation;
Amendment 277 #
Motion for a resolution Paragraph 15 15. Recalls the importance of
Amendment 278 #
Motion for a resolution Paragraph 15 15. Recalls the importance of the efficient regulation of the banking and financial sectors in order to prevent a new crisis;
Amendment 279 #
Motion for a resolution Paragraph 15 15. Recalls the importance of the efficient regulation of the banking and financial sectors in order to prevent a new crisis;
Amendment 28 #
Motion for a resolution Recital -A c (new) -A c. whereas debt reduction measures have been slow in a number of Member States;
Amendment 28 #
Draft opinion Paragraph 3 3. Points out that the European Semester must con
Amendment 280 #
Motion for a resolution Paragraph 15 15. Recalls the importance of the efficient regulation of the banking and financial sectors in order to prevent a new crisis; believes that such regulation must integrate the ecological situation; emphasises the importance of completing the Banking Union
Amendment 281 #
Motion for a resolution Paragraph 15 15. Recalls the importance of the efficient regulation of the banking and financial sectors in order to prevent a new crisis;
Amendment 282 #
Motion for a resolution Paragraph 15 15. Recalls the importance of the efficient regulation of the banking and financial sectors in order to prevent a new crisis; believes that such regulation must integrate the ecological situation; emphasises the importance of completing the Banking Union, through the adoption of the Third Pillar of the Banking Union (EDIS), and the need to reform the European Stability Mechanism, as the backstop for the SRF;
Amendment 283 #
Motion for a resolution Paragraph 15 15. Recalls the importance of the efficient regulation of the banking and financial sectors in order to prevent a new
Amendment 284 #
Motion for a resolution Paragraph 15 15. Recalls the importance of the efficient regulation of the banking and financial sectors in order to prevent a new crisis;
Amendment 285 #
Motion for a resolution Paragraph 15 15. Recalls the importance of the efficient regulation of the banking and financial sectors in order to prevent a new crisis;
Amendment 286 #
Motion for a resolution Paragraph 15 15. Recalls the importance of
Amendment 287 #
Motion for a resolution Paragraph 15 15. Recalls the importance of the efficient regulation of the banking and financial sectors in order to prevent a new crisis;
Amendment 288 #
Motion for a resolution Paragraph 15 a (new) 15 a. Notes that the financial system and its institutions are crucial for investment and growth and thus the financing of the European economy; calls for the swift completion of the Banking Union, including a credible European deposit insurance scheme and a common fiscal backstop, as a crucial step to increase resilience in the banking sector and to contribute to financial stability;
Amendment 289 #
Motion for a resolution Paragraph 15 a (new) 15 a. Welcomes the agreement that was recently reached on the EU-wide classification system, or "taxonomy", which provides businesses and investors with a common language to identify what economic activities can be considered environmentally sustainable investment, thereby facilitating the channelling of savings towards sustainable investments;
Amendment 29 #
Motion for a resolution Recital -A d (new) -A d. whereas five euro area Member States with high debt-to-GDP ratios are forecast to have a sizeable structural deficit in 2020;
Amendment 29 #
Draft opinion Paragraph 3 3. Points out that the European Semester must consistently contribute to the elimination of social, economic and territorial inequalities and disparities between EU regions, including the most peripheral ones such as islands, mountains and sparsely populated areas;
Amendment 290 #
Motion for a resolution Paragraph 15 a (new) 15 a. Stresses the need of targeting chronic imbalances of the balance of payments of the Member States to enhance economic convergence and strengthen competitiveness in the EU;
Amendment 291 #
Motion for a resolution Paragraph 15 a (new) 15 a. Stresses the urgent need for a fully-fledged capital markets union, in order to increase the financing to the real economy and promote growth;
Amendment 292 #
Motion for a resolution Paragraph 15 a (new) 15 a. Calls for a tax shift away from the high tax burden on labour in Europe, transferring it towards the banks and multinationals;
Amendment 293 #
Motion for a resolution Paragraph 15 a (new) 15 a. Points out that macro-financial stability and sound public finances remain a precondition of sustainable growth;
Amendment 294 #
Motion for a resolution Paragraph 15 b (new) 15 b. Calls for taxation reforms with a view to improving tax collection and tackling tax evasion; highlights the need for Council to progress on public country by country reporting, digital services tax, a financial transaction tax, CCCTB and better coordination of administrative practices in the field of taxation;
Amendment 295 #
Motion for a resolution Paragraph 15 b (new) 15 b. Calls for those Member Stateswith high levels of deficits and public debt to undertake continuous efforts to reduce them; acknowledges the efforts made by a number of Member States to consolidate their public finances, but regrets the fact that some have missed the opportunity to carry out the necessary reforms;
Amendment 296 #
Motion for a resolution Paragraph 15 b (new) 15 b. Urges the Commission to quickly present its new sustainable finance action plan, needed to further incorporate sustainability into the corporate governance framework of companies and financial institutions;
Amendment 297 #
Motion for a resolution Paragraph 15 b (new) 15 b. Recalls the European Parliament’s request to fully integrate the European Stability Mechanism (ESM) into the community framework and make it formally accountable to the Parliament;
Amendment 298 #
Motion for a resolution Paragraph 15 c (new) 15 c. Recalls that an Economic and Monetary Union that works for people requires an increased euro area fiscal capacity to be able to introduce a powerful anti-cyclical mechanism for a deeper economic policy coordination and to reinforce democratic legitimacy;
Amendment 299 #
Motion for a resolution Paragraph 15 c (new) 15 c. Welcomes that some Member States with good fiscal space have consolidated even further;
Amendment 3 #
Motion for a resolution Citation 13 — having regard to the Commission
Amendment 3 #
Draft opinion Paragraph 1 1. Acknowledges that Europe’s economy is showing signs of less dynamic growth; highlights that more must be done to support Member States which are experiencing slower growth and high unemployment, particularly where young people are concerned; reiterates that the Single Market must not operate in such a way as to violate human rights; stresses the need to protect personal data and intellectual property in the context of the Digital Single Market; reiterates the need to combat plant relocations in order to reduce the number of international shipments which generate greenhouse gas emissions.
Amendment 30 #
Motion for a resolution Recital A A. whereas the
Amendment 30 #
Draft opinion Paragraph 3 3. Points out that the European Semester must consistently contribute to the elimination of social, economic and territorial inequalities and disparities between EU regions; and therefore new indicators focussing also on social aspects are necessary;
Amendment 300 #
Motion for a resolution Paragraph 15 d (new) 15 d. Urges the Member States to build appropriate fiscal Buffers;
Amendment 301 #
Motion for a resolution Paragraph 15 e (new) Amendment 302 #
Motion for a resolution Paragraph 15 f (new) 15 f. Welcomes the Commission’sefforts to encourage those Member States with current account deficits or high external debt to improve their competitiveness;
Amendment 304 #
Motion for a resolution Paragraph 16 Amendment 305 #
Motion for a resolution Paragraph 16 Amendment 306 #
Motion for a resolution Paragraph 16 16.
Amendment 307 #
Motion for a resolution Paragraph 16 16. Calls for qualified majority voting in Council on tax matters
Amendment 308 #
Motion for a resolution Paragraph 16 16.
Amendment 309 #
Motion for a resolution Paragraph 16 16.
Amendment 31 #
Motion for a resolution Recital A A. whereas the improvement in the economic situation and low interest rates provide an opportunity to implement ambitious
Amendment 31 #
Draft opinion Paragraph 3 3. Points out that the European Semester must
Amendment 310 #
Motion for a resolution Paragraph 16 16. Calls for
Amendment 311 #
Motion for a resolution Paragraph 16 16. Calls for
Amendment 312 #
Motion for a resolution Paragraph 16 16.
Amendment 313 #
Motion for a resolution Paragraph 16 a (new) Amendment 314 #
Motion for a resolution Paragraph 16 a (new) 16 a. Agrees that national tax and benefit systems should be optimised to strengthen incentives for labour market participation, to increase fairness and transparency and to ensure the financial sustainability and adequacy of welfare systems in a changing world of work;
Amendment 315 #
Motion for a resolution Paragraph 17 17.
Amendment 316 #
Motion for a resolution Paragraph 17 17. Calls for the systematic inclusion of tax matters in the Country Specific Recommendations (CSRs), with the aim of ensuring economic coherence across EU Member States
Amendment 317 #
Motion for a resolution Paragraph 17 17. Calls for the systematic inclusion of tax matters in the Country Specific Recommendations (CSRs), with the aim of ensuring economic coherence across EU
Amendment 318 #
Motion for a resolution Paragraph 17 17. Calls for the systematic inclusion of tax matters in the Country Specific Recommendations (CSRs)
Amendment 319 #
Motion for a resolution Paragraph 17 17. Calls for the systematic inclusion of tax matters in the Country Specific Recommendations (CSRs), with the aim of ensuring economic coherence across EU Member States as well as the fairness of EU tax systems;
Amendment 32 #
Motion for a resolution Recital A A. whereas the improvement in the economic situation and low interest rates provide an opportunity to use these good times to implement ambitious reforms, in particular measures aimed at
Amendment 32 #
Draft opinion Paragraph 3 3. Points out that the European Semester must consistently contribute to
Amendment 320 #
Motion for a resolution Paragraph 17 17.
Amendment 321 #
Motion for a resolution Paragraph 17 17.
Amendment 322 #
Motion for a resolution Paragraph 17 17. Calls for the systematic inclusion of tax matters in the Country Specific Recommendations (CSRs), with the aim of ensuring economic coherence across EU Member States as well as the fairness of EU tax systems; believes that the CSRs could ensure a fair balance between sources of revenue and should also include innovative elements aiming at promoting the Green Deal; further believes that they should also support Member States in tackling tax avoidance and aggressive tax planning; calls for the swift adoption of own-resources legislation at European level, namely through the adoption of Digital Tax and Carbon Border Tax at the European level;
Amendment 323 #
Motion for a resolution Paragraph 17 17.
Amendment 324 #
Motion for a resolution Paragraph 17 17. Calls for the systematic inclusion of tax matters in the Country Specific Recommendations (CSRs), with the aim of ensuring economic coherence across EU Member States as well as the fairness of EU tax systems, inline with the resolution on BEPS 2.0 recently adopted by the European Parliament; believes that the CSRs could ensure a fair balance between sources of revenue and should also include innovative elements aiming at promoting the Green Deal taking into account its social dimension; further believes that they should also support Member States in tackling tax avoidance and aggressive tax
Amendment 325 #
Motion for a resolution Paragraph 17 17. Calls for the systematic inclusion of tax matters in the Country Specific Recommendations
Amendment 326 #
Motion for a resolution Paragraph 17 17.
Amendment 327 #
Motion for a resolution Paragraph 17 17. Calls for the systematic inclusion of tax matters in the Country Specific Recommendations (CSRs), with the aim of ensuring economic coherence and a level playing field across EU Member States as well as the fairness of EU tax systems; believes that the CSRs could ensure a fair balance between sources of revenue and should also include innovative elements aiming at promoting the Green Deal; further believes that they should also support Member States in tackling tax avoidance and aggressive tax planning;
Amendment 328 #
Motion for a resolution Paragraph 17 a (new) 17 a. Calls on Member States to support and implement EU actions to combat Tax Fraud, Tax Avoidance and Aggressive Tax Planning and anti-money laundering, and in particular, the implementation of the Anti Tax Avoidance Directive (ATAD), so that the EU complies with current international standards; calls on the European Commission to publish a first assessment of the ATAD which should have been transposed since 1 January 2019; demands that such assessment includes an analysis on the level of corporate tax revenues, on tax strategies put in place by multinationals and on growth as well as an assessment of the robustness of implementation against new tax avoidance strategies
Amendment 329 #
Motion for a resolution Paragraph 17 a (new) 17 a. Rule of law Reiterates that the respect for the rule of law is the core basis for business initiatives, investment, a well-functioning labour market and is an essential precondition to comply with the principles of sound financial management enshrined in Article 317 of the Treaty on the Functioning of the European Union; calls on the Council therefore to start interinstitutional negotiations on this matter as soon as possible;
Amendment 33 #
Motion for a resolution Recital A A. whereas the improvement in the economic situation and low interest rates provide an opportunity to implement ambitious
Amendment 33 #
Draft opinion Paragraph 3 3. Points out that the European Semester must consistently contribute to the elimination of social, economic and territorial inequalities and disparities between EU countries and regions;
Amendment 330 #
17 a. Emphasizing that tax fraud has been a serious hit for the EU Member States' budgets, calls for decisive steps of the Commission and the Council to overcome the deadlock in the negotiations of the CC(C)TB and the public CbCR; Emphasizes a need for a clear common position of the EU for the international negotiations related to tax challenges arising from the digitalisation of the economy;
Amendment 331 #
Motion for a resolution Paragraph 17 a (new) 17 a. Highlights that small and medium- sized enterprises (SMEs), which are an important driver of employment, cannot fully harness the potential of the European single market owing to legislative and administrative barriers; urges the Commission to reduce these barriers; urges the Commission, moreover, to tackle unfair competition and taxation among SMEs and multinational corporations;
Amendment 332 #
Motion for a resolution Paragraph 17 a (new) 17 a. Believes that the CSRs could aim at ensuring a fair balance between sources of revenue and should also include innovative elements aiming at promoting the Green Deal within the context of a stronger and a more cohesive European Union; further believes that they should also support Member States in their efforts towards tackling tax avoidance and aggressive tax planning;
Amendment 333 #
Motion for a resolution Paragraph 17 a (new) 17 a. Reiterates its call for a common consolidated corporate tax base (CCCTB), a tax on the digital economy and public country-by-country reporting multinationals, with a view to improve fairness and efficiency of the EU tax systems;
Amendment 334 #
Motion for a resolution Paragraph 17 a (new) 17 a. Recalls that high levels of taxation in Europe are a hindrance to investments and jobs; supports the Commission’s initiatives to achieve increased transparency and a reformed VAT system;
Amendment 335 #
Motion for a resolution Paragraph 17 b (new) 17 b. supports the Commission’s initiatives to achieve increased transparency, a reformed VAT system and recognises the work that has been done on the common consolidated corporate tax base; welcomes efforts on the international level to fight tax fraud, tax evasion and tax avoidance; notes that improving effectiveness of national tax systems can increase government revenues significantly
Amendment 336 #
Motion for a resolution Paragraph 17 c (new) 17 c. Remains concerned about the implications of tax competition within the EU and with third countries on the sustainability of tax systems and tax collection, as well as consequences on fiscal capacity and fair competition in the EU Internal Market
Amendment 337 #
Motion for a resolution Paragraph 17 d (new) 17 d. Calls for the establishment of an Annual Survey on the European Tax Gap, which would allow to survey the evolution of the tax gap over time and ultimately a guidance on taxation and transparency policy
Amendment 338 #
Motion for a resolution Paragraph 17 e (new) 17 e. Reiterates the need for an annual listing of harmful tax practices that could feed into taxation policy formulation
Amendment 34 #
Motion for a resolution Recital A A. whereas the improvement in the economic situation and low interest rates provide an opportunity to
Amendment 34 #
Draft opinion Paragraph 3 3. Points out that the European Semester
Amendment 341 #
Motion for a resolution Paragraph 18 18. Notes that the EU-28 employment rate currently stands at 73.1
Amendment 342 #
Motion for a resolution Paragraph 18 18. Notes that the EU-28 employment rate currently stands at 73.1 % - the highest annual average ever recorded - while unemployment stands at 7.6 % in the euro area and 6.3 % in the EU as a whole; stresses the need for creating socially and environmentally sustainable jobs; stresses that social sustainability includes good working conditions, effective worker representation and collective bargaining rights, as well as the payment of, at least, living wages;
Amendment 343 #
Motion for a resolution Paragraph 18 18. Notes that the EU-28 employment rate currently stands at 73.1 % - the highest annual average ever recorded - while unemployment stands at 7.6 % in the euro area and 6.3 % in the EU as a whole; is concerned about the high level of unemployment rates in some of the euro area countries, whereby the highest level of unemployment is at 16.8%;
Amendment 344 #
Motion for a resolution Paragraph 18 18. Notes that the EU-28 employment rate currently stands at 73.1 % - the highest annual average ever recorded - while
Amendment 345 #
Motion for a resolution Paragraph 18 18. Notes that the EU-28 employment rate currently stands at 73.1 % - the highest annual average ever recorded - while unemployment stands at 7.6 % in the euro area and
Amendment 346 #
Motion for a resolution Paragraph 18 18. Notes that the EU-28 employment rate currently stands at 73.1 % - the highest annual average ever recorded - while unemployment stands at 7.6 % in the euro area and 6.3 % in the EU as a whole, with downward trend in 2020 and 2021;
Amendment 347 #
Motion for a resolution Paragraph 18 a (new) 18 a. Points out that flexible labour markets as well as education systems that focus on employable skills help bring down youth and overall unemployment; notes that dual education systems combining formal and practical education have a particularly good track record in preparing young people for the challenges of the labour market;
Amendment 348 #
Motion for a resolution Paragraph 18 a (new) 18 a. Emphasizes the importance and employment potential of the Member States' contribution towards the achievement of the SDGs as this will create new jobs in the service sector and in the development of sustainable products and markets;
Amendment 349 #
Motion for a resolution Paragraph 19 Amendment 35 #
Motion for a resolution Recital A A. whereas the improvement in the economic situation and low interest rates
Amendment 35 #
Draft opinion Paragraph 3 3. Points out that the European Semester
Amendment 350 #
Motion for a resolution Paragraph 19 19. Stresses that, according to the EU Labour Force Survey, there are 8.3 million involuntary part-time workers in the EU, two thirds of them women; recalls that the rise of precarious work in the EU, such as the emergence of new types of employment created by online platforms, is a direct consequence of labour market deregulation and poses risks to social cohesion(mainly affecting the youth), while damaging aggregate demand; Request the Commission to undertake measures to protect workers in these new forms of work and requests the Commission to undertake a study to analyse the impact of this development on pension systems and public finances;
Amendment 351 #
Motion for a resolution Paragraph 19 19.
Amendment 352 #
Motion for a resolution Paragraph 19 19. Stresses that, according to the EU Labour Force Survey, there are 8.3 million involuntary part-time workers in the EU, two thirds of them women; requests the Commission to undertake a study to analyse the impact of this development on pension systems and public finances taking into account the influence of tax wedge on the share of part-time workers;
Amendment 353 #
Motion for a resolution Paragraph 19 a (new) 19 a. Notes that despite of the recovery in the European labour market, productivity growth has slowed and strong disparities persist. Noting that skills constraints are still one of the main obstacles to investment, considers that technological changes can have a significant impact on jobs and that a long term strategy to foster adaptative and inclusive systems for skills development is needed;
Amendment 354 #
Motion for a resolution Paragraph 19 a (new) 19 a. Notes that there are significant disparities in the Members States’ job market situations; highlights the important role of investment in promoting growth and job creation;
Amendment 355 #
Motion for a resolution Paragraph 20 Amendment 356 #
Motion for a resolution Paragraph 20 Amendment 357 #
Motion for a resolution Paragraph 20 Amendment 358 #
Motion for a resolution Paragraph 20 20. Takes note of AMR 2020’s finding that wage growth at euro area level remains below what would be expected at the current levels of unemployment on the basis of historical data, and that this affects the inflation rate; highlights that the currently low productivity and inflation together with structural reforms transferring collective bargaining to the enterprise level are detrimental to wage growth and are leading to greater income inequality and an increase in the numbers of working poor, with in-work poverty affecting almost one in ten workers in Europe; accordingly advocates wage growth; Reminds that wage levels are unfairly low for substantial groups of European workers, which results in social tension, and has a negative impact on economic activity and growth; calls therefore on the Commission to propose legislation on EU-wide rules for fair minimum wages guaranteeing a dignified quality of life for all workers, as well as a minimum level of social protection; calls for policies to support the establishment of a minimum income scheme and collective bargaining as the main driver for a positive wage dynamic
Amendment 359 #
Motion for a resolution Paragraph 20 20. Takes note of AMR 2020’s finding that wage growth at euro area level remains below what would be expected at the current levels of unemployment on the basis of historical data, and that this affects the inflation rate; highlights that the currently low productivity and inflation together with structural reforms transferring collective bargaining to the enterprise level are detrimental to wage growth and are leading to greater income inequality and an increase in the numbers of working poor, with in-work poverty affecting almost one in ten workers in Europe; accordingly advocates
Amendment 36 #
Motion for a resolution Recital A A. whereas the improvement in the economic situation and low interest rates provide an opportunity to implement ambitious reforms, in particular measures aimed at
Amendment 36 #
Draft opinion Paragraph 4 Amendment 360 #
20. Takes note of AMR 2020’s finding that
Amendment 361 #
Motion for a resolution Paragraph 20 20. Emphasizing that youth unemployment is still a major issue in many EU Member States, underlines that the unemployment rate in the EU has been steadily falling; Takes note of AMR 2020’s finding that wage growth at euro area level remains below what would be expected at the current levels of unemployment on the basis of historical data, and that this affects the inflation rate; highlights that the currently low productivity and inflation together with structural reforms transferring collective bargaining to the enterprise level are detrimental to wage growth and are leading to greater income inequality and an increase in the numbers of working poor, with in-work poverty affecting almost one in ten workers in Europe; accordingly advocates wage growth;
Amendment 362 #
Motion for a resolution Paragraph 20 20.
Amendment 363 #
Motion for a resolution Paragraph 20 20. Takes note of AMR 2020’s finding that wage growth at euro area level remains
Amendment 364 #
Motion for a resolution Paragraph 20 20. Takes note of AMR 2020’s finding that wage growth at euro area level remains below what would be expected at the current levels of unemployment on the basis of historical data, and that this affects the inflation rate; highlights th
Amendment 365 #
Motion for a resolution Paragraph 21 Amendment 366 #
Motion for a resolution Paragraph 21 21. Agrees that it is a matter of great concern that income inequality is above pre-crisis levels in some countries, affecting new groups of people and being frequently linked to unequal opportunities in access to education, training and social protection; stresses the importance of redistributive, i.e., progressive income taxes to tackle growing inequality within the EU; Points out that corporate tax dumping promotes inequality, both by depriving Member-States of the necessary resources to fund public services and transferring the tax burden toward labour income.
Amendment 367 #
Motion for a resolution Paragraph 21 21. Agrees that it is a matter of great concern that income inequality is above pre-crisis levels in some countries, being frequently linked to unequal opportunities in access to education, training and social protection; calls on the Commission and member states to drastically limit the import of cheap labour into the EU, which drives the price of labour downwards;
Amendment 368 #
Motion for a resolution Paragraph 21 21. Agrees that it is a matter of great concern that income inequality is above pre-crisis levels in some countries, being frequently linked to unequal opportunities in access to education
Amendment 369 #
Motion for a resolution Paragraph 21 21.
Amendment 37 #
Motion for a resolution Recital A A. whereas the improve
Amendment 37 #
Draft opinion Paragraph 4 4.
Amendment 370 #
Motion for a resolution Paragraph 21 21. Agrees that it is a matter of great concern that income inequality is above pre-crisis levels in some countries
Amendment 371 #
Motion for a resolution Paragraph 22 Amendment 372 #
Motion for a resolution Paragraph 22 22. Underlines the fact that the number of people at risk of poverty or social exclusion stands, on 2017 figures, at 113 million, or 22.5 % of the population; underlines the fact that, in 2017, 9,4% of all employed people in the EU were at risk of poverty; recalls that the objectives laid out in 2010 in the Europe 2020 Strategy (namely, to lift 20million people out of poverty and social exclusion by 2020) haven’t been met yet, as the number of people in this situation has increased significantly.
Amendment 373 #
Motion for a resolution Paragraph 22 22. Underlines the fact that the number of people at risk of poverty or social exclusion stands, on 2017 figures, at 113 million, or 22.5 % of the population, which is in stark contrast to article 3 TEU which states that “the Union’s aim is to promote the well-being of its peoples”;
Amendment 374 #
Motion for a resolution Paragraph 22 22. Underlines the fact that the number of people at risk of poverty or social exclusion stands, on 2017 figures, at 113 million, or 22.5 % of the population and welcomes the decrease to 21.9% in 2018;
Amendment 375 #
Motion for a resolution Paragraph 22 22. Underlines the fact that the number of people at risk of poverty or social exclusion
Amendment 376 #
Motion for a resolution Paragraph 22 a (new) 22 a. Underlines that EU statistics show that 24% of children in the EU were at risk of poverty or social exclusion;
Amendment 377 #
22 b. Notes that 18.6% of our pensioners fall within risk of poverty or social exclusion; in this regard recommends that pension systems across the European Union are made inflation proof and that they ensure that pension payments really reflect the needs of elderly families;
Amendment 378 #
Motion for a resolution Paragraph 23 Amendment 379 #
Motion for a resolution Paragraph 23 Amendment 38 #
Motion for a resolution Recital A A. whereas the improvement in the economic situation and low interest rates provide an opportunity to implement ambitious reforms, in particular measures aimed at encouraging public investment to tackle climate change and its social consequences and create
Amendment 38 #
Draft opinion Paragraph 4 4.
Amendment 380 #
Motion for a resolution Paragraph 23 Amendment 381 #
Motion for a resolution Paragraph 23 Amendment 382 #
Motion for a resolution Paragraph 23 Amendment 383 #
Motion for a resolution Paragraph 23 23. Stresses that
Amendment 384 #
Motion for a resolution Paragraph 24 Amendment 385 #
Motion for a resolution Paragraph 24 Amendment 386 #
Motion for a resolution Paragraph 24 24. Welcomes the ASGS 2020’s proposals for fostering social and regional convergence towards better living and working conditions in the EU; calls on the Commission to integrate targets and indicators related to SDGs 8 (Decent Work and Economic Growth) and 10 (Reduced Inequalities) into the Social Scoreboard;
Amendment 387 #
Motion for a resolution Paragraph 24 24. Welcomes the ASGS 2020’s
Amendment 388 #
Motion for a resolution Paragraph 24 a (new) 24 a. Urges Member States to prepare for demographic developments by: 1) building fiscal buffers to arm against rising fiscal costs; 2) implementing structural reforms to reduce these costs; 3) enhancing productivity growth, which is essential to ensuring sustainable economic growth in the future; and 4) reduction of debt and risk;
Amendment 389 #
Motion for a resolution Paragraph 24 a (new) 24 a. Demands the necessary respect for the principles of subsidiarity and proportionality; stresses that in line with the Treaties, Member States must continue to have sufficient flexibility in implementing an appropriate social policy;
Amendment 39 #
Motion for a resolution Recital A a (new) A a. whereas low interest rates environment is a golden opportunity to use windfall gains to reduce high levels of public debt in Member States;
Amendment 39 #
Draft opinion Paragraph 4 4. Stresses that the European Semester should further economic and social convergence between regions and Member States by adjusting trade imbalances, reducing the excessive surplus and giving effect to existing sanctions; highlights the fact that the European goal of more inclusive growth means greater investment in infrastructure, education and training, health, and research and innovation; stresses that increases in productivity should lead to increased pay; Notes that according to Commission forecasts the real compensation growth of employees per head is forecasted to be lower than 1% in the next two years in the Euro area;
Amendment 390 #
Motion for a resolution Paragraph 24 a (new) 24 a. Calls for the implementation of the European Pillar of Social Rights as a strategy to promote the fight against poverty and social exclusion namely improving working conditions, job security and stability and wage growth.
Amendment 391 #
Motion for a resolution Paragraph 25 Amendment 392 #
Motion for a resolution Paragraph 25 25. Highlights the time constraints on the current European semester process, which form an obstacle to full debate and the proper involvement in the process
Amendment 393 #
Motion for a resolution Paragraph 25 25. Highlights the
Amendment 394 #
Motion for a resolution Paragraph 25 25. Highlights the time constraints on the current European semester process, which form an obstacle to full debate and the proper involvement in the process of civil society organisations, social partners, and even national parliaments and the EP, and contribute significantly to the lack of a sense of ownership and implementation;
Amendment 395 #
Motion for a resolution Paragraph 25 25. Highlights the time constraints on the current European semester process, which form an obstacle to full debate and the proper involvement in the process of civil society organisations, social partners, EU regions with the EU bodies representing them, and eventually national parliaments and the EP, and contribute significantly to the lack of a sense of ownership and implementation;
Amendment 396 #
Motion for a resolution Paragraph 25 a (new) 25 a. Notes that there is evidence of backtracking on elements of certain reforms adopted in the past, and is concerned about Member States’ commitment to the CSRs, given that progress on the current recommendations is worse than in previous years; takes note of the limited implementation levels of the CSR, and calls for a critical assessment of the methods used to address their levels of implementation, and points out that amore streamlined and focussed European Semester could increase national ownership and uptake of reforms by Member States;
Amendment 397 #
Motion for a resolution Paragraph 25 a (new) 25 a. Recalls that the degree of implementation of the country-specific recommendations is too low; believes that the focus of the European Semester should be on national ownership; urges national and regional parliaments to debate country reports andcountry- specific recommendations and to engage with the relevant actors; Points out that a more streamlined and more focused European Semester could increase ownership;
Amendment 398 #
Motion for a resolution Paragraph 25 a (new) 25 a. Recalls that the focus of the European Semester should be on national ownership;
Amendment 399 #
Motion for a resolution Paragraph 26 Amendment 4 #
Motion for a resolution Citation 13 — having regard to the Commission communication of
Amendment 4 #
Draft opinion Paragraph 1 1. Acknowledges that Europe’s economy is showing signs of less dynamic growth; highlights that more must be done
Amendment 40 #
Motion for a resolution Recital A a (new) A a. whereas structural reforms in the Member States are needed in order to create the conditions for sustainable growth;
Amendment 40 #
Draft opinion Paragraph 4 4. Stresses that the European Semester
Amendment 400 #
Motion for a resolution Paragraph 26 26. Looks forward to the stronger involvement of the EP and the national parliaments in the European Semester process and to the creation of an institutionalised dialogue with the Commission, the social partners, territories and civil society, at both EU and national level, in order to further boost the process’s democratic legitimacy; Believes that streamlining the process and better communication on the European Semester could increase citizens' interest in the Commission's recommendations, intensify national ownership and - therefore - increase the willingness of EU Member States to commit to the reforms proposed by the Commission;
Amendment 401 #
Motion for a resolution Paragraph 26 26. Looks forward to the stronger involvement of the EP and the national parliaments in the European Semester process and to the creation of an institutionalised dialogue with the Commission, the social partners, territories and civil society, at both EU, local, regional and national level, in order to further boost the process’s democratic legitimacy; Points out that ownership, in order not to be a void concept, implies that democratic institutions at the different levels effectively shape the recommendations.
Amendment 402 #
Motion for a resolution Paragraph 26 26. Looks forward to the stronger
Amendment 403 #
Motion for a resolution Paragraph 26 26. Looks forward to the stronger involvement of the EP and the national parliaments in the European Semester process and to the creation of an institutionalised dialogue with the Commission,
Amendment 404 #
Motion for a resolution Paragraph 26 26. Looks forward to the stronger involvement of the EP and the national parliaments and regional in the European Semester process and to the creation of an institutionalised dialogue with the Commission
Amendment 405 #
Motion for a resolution Paragraph 26 26. Looks forward to the
Amendment 406 #
Motion for a resolution Paragraph 26 a (new) 26 a. Reiterates the European Parliament’s call for strengthening its democratic role in the economic governance framework; calls therefore for an Interinstitutional Agreement on Sustainable European Governance granting Parliament a right of consent on the policy recommendations presented in the Annual Sustainable Growth Survey and the Euro area fiscal and on the package of Country-specific Recommendations
Amendment 407 #
Motion for a resolution Paragraph 27 Amendment 408 #
Amendment 409 #
Motion for a resolution Paragraph 27 27. Invites the stakeholders in this necessary next step to create enhanced democratic accountability mechanisms at both EU and national levels, which can be ensured by the community method and an Interinstitutional Agreement on European Economic Governance, while formalising the scrutiny role of the EP in the European Semester; calls on the Commission and the Member States to enhance the social dialogue, including over the CSRs, and to engage in dialogue with the social partners;
Amendment 41 #
Motion for a resolution Recital A a (new) A a. whereas Europe still faces an investment gap, despite benefitting from low interest rates and favourable financing conditions;
Amendment 41 #
Draft opinion Paragraph 4 4. Stresses that the European Semester should further economic and social convergence between regions and Member States by adjusting trade imbalances, reducing the excessive surplus and giving effect to existing sanctions; highlights the fact that the European goal of more inclusive growth means greater investment in infrastructure, education and training, health, and research and innovation;
Amendment 410 #
Motion for a resolution Paragraph 27 27.
Amendment 411 #
Motion for a resolution Paragraph 27 27. Invites the stakeholders in this necessary next step to create enhanced democratic accountability mechanisms at both EU and national levels, while formalising the scrutiny role of the EP in the European Semester; calls on the Commission and the Member States to enhance the social dialogue, including over the CSRs, and to engage in dialogue with the social partners
Amendment 412 #
Motion for a resolution Paragraph 27 27. Invites the stakeholders in this necessary next step to create enhanced democratic accountability mechanisms at both EU, local, regional and national levels, while formalising the scrutiny role of the EP in the European Semester; calls on the Commission and the Member States to enhance the social and civil dialogue, including over the CSRs, and to engage in dialogue with the social partners;
Amendment 413 #
Motion for a resolution Paragraph 27 a (new) 27 a. calls the Commission and the MS to enhance the social dialogue including with regard to the CSRs and to engage in a dialogue with social partners on jobs and job quality there of, such as the fiscal, industrial and tax policies
Amendment 414 #
Motion for a resolution Paragraph 27 a (new) 27 a. Reminds Member States of the importance of committing to and delivering on the CSRs including recommendations of the European Court of Auditors;
Amendment 415 #
Motion for a resolution Paragraph 28 Amendment 416 #
Motion for a resolution Paragraph 28 28. Instructs its President not to forward this resolution to the Council and the Commission.
Amendment 42 #
Motion for a resolution Recital A b (new) A b. whereas close to zero interest rates severely distort the intertemporal allocation of capital; whereas a flat yield curve severely damages the traditional borrowing and lending business model of banks and drives them into riskier business activities;
Amendment 42 #
Draft opinion Paragraph 4 4. Stresses that the European Semester should further economic and social convergence between regions and Member States by adjusting trade imbalances, reducing the excessive surplus and
Amendment 43 #
Motion for a resolution Recital A b (new) A b. whereas according to the Commission forecast, eleven Member States are expected to have debt-to-GDP ratios of more than 60 % in 2021;
Amendment 43 #
Draft opinion Paragraph 4 4. Stresses that the European Semester should further economic and social convergence between regions and Member States by adjusting trade imbalances, reducing the excessive surplus and giving effect to existing sanctions; highlights the fact that the European goal of more inclusive growth means greater investment in growth-enhancing sustainable infrastructure, education and training, health, and research and innovation; stresses that increases in productivity should lead to increased pay;
Amendment 44 #
Motion for a resolution Recital A c (new) A c. whereas the unemployment rate in the EU is below the pre-crisis level and the unemployment rate in the euro area is still above the pre-crisis level;
Amendment 44 #
Draft opinion Paragraph 4 4. Stresses that the European Semester should further economic and social convergence between regions and Member States by adjusting trade imbalances, reducing the excessive surplus and giving effect to existing sanctions; highlights the fact that the European goal of more inclusive growth means greater support for exports and investment in infrastructure, education and training, health, and research and innovation; stresses that increases in productivity should lead to increased pay;
Amendment 45 #
Motion for a resolution Recital A c (new) A c. whereas over the past two decades, total factor productivity in the euro area has lagged behind that of major global competitors;
Amendment 45 #
Draft opinion Paragraph 4 4. Stresses that the European Semester should further economic and social convergence between regions and Member States by adjusting trade imbalances, reducing the excessive surplus and giving effect to existing sanctions; highlights the fact that the European goal of more inclusive growth means greater investment in infrastructure, education and training, health,
Amendment 46 #
Motion for a resolution Recital B Amendment 46 #
Draft opinion Paragraph 4 4. Stresses that the European Semester should further accelerate economic and social convergence between regions and Member States by adjusting trade imbalances, reducing the excessive surplus and giving effect to existing sanctions; highlights the fact that the European goal of more inclusive growth means greater investment in infrastructure, education and training, health, and research and innovation; stresses that increases in productivity should lead to increased pay;
Amendment 47 #
Motion for a resolution Recital B B. whereas
Amendment 47 #
Draft opinion Paragraph 4 4. Stresses that the European Semester should further economic and social convergence between regions and Member States by adjusting trade imbalances, reducing the excessive surplus and giving effect to existing sanctions; highlights the fact that the European goal of more inclusive growth means greater investment especially in infrastructure, education and training, health, and research and innovation; stresses that increases in productivity should lead to increased pay;
Amendment 48 #
Motion for a resolution Recital B B. whereas
Amendment 48 #
Draft opinion Paragraph 4 – point 1 (new) (1) Points out that currently real labour costs are expected to increase by 0.0% by the Commission for 2020/2021;
Amendment 49 #
Motion for a resolution Recital B B. whereas
Amendment 49 #
Draft opinion Paragraph 4 a (new) 4a. Remarks that the growth of the EU economy can’t be secured without a new approach to spending policy; therefore every single region in the EU should be provided with all the tools that allow the private sector to invest and exploit the hidden potential of the territory; calls on the Commission to create a pattern fit for business and trade in all lagging areas of the EU to improve local citizens’ lives and employment rates;
Amendment 5 #
Motion for a resolution Citation 16 a (new) - having regard to the European Investment Bank Report 2019/2020, "Accelerating Europe´s transformation"
Amendment 5 #
Draft opinion Paragraph 1 1. Acknowledges that Europe’s economy is showing signs of less dynamic growth; highlights that more must be done to support Member States which are experiencing slower growth and high unemployment, particularly where young people are concerned; underlines that a rating agency recently downgraded from “stable” to “negative” the annual outlook for sovereign creditworthiness in the Euro area for 2020;
Amendment 50 #
Motion for a resolution Recital B B. whereas inequality of income in the euro area has increased and poverty levels persist since the beginning of the financial crisis; whereas there are between 50 and 100 million people affected by energy poverty in Europe;
Amendment 50 #
4a. Welcomes the new Commission’s commitment to revise the current rules of the Stability and Growth Pact, which are no longer appropriate in times of economic stagnation and underinvestment; therefore, considers that additional flexibility is necessary in order to boost growth and promote environmental and social public investments, to counter climate emergency and its social consequences.
Amendment 51 #
Motion for a resolution Recital B B. whereas inequality of income in the euro area has increased since the beginning of the financial crisis;
Amendment 51 #
Draft opinion Paragraph 4 a (new) 4a. Points to the importance of involving local and regional authorities in the drafting of National Reform Programmes;
Amendment 52 #
Motion for a resolution Recital B a (new) B a. whereas gaps and labour market segregation remain high throughout the European Union, contributing to gender differences in pay, pensions, decision- making and wealth;
Amendment 52 #
Draft opinion Paragraph 4 b (new) Amendment 53 #
Motion for a resolution Recital B a (new) B a. whereas the most recent Eurostat figures from 2018 show that 21.7% of the EU population or some 109 million people was at risk of poverty or social exclusion;
Amendment 53 #
Draft opinion Paragraph 5 5.
Amendment 54 #
Motion for a resolution Recital B a (new) B a. whereas material deprivation has decreased since the crisis;
Amendment 54 #
Draft opinion Paragraph 5 5. Reiterates the crucial role of cohesion policy, as the main investment policy in Europe, in the recovery process; underlines the need to significantly increase the budget for cohesion policy for the 2021-2027 period, in order to maintain its European added value, thus contributing to sustainable economic
Amendment 55 #
Motion for a resolution Recital B a (new) Amendment 55 #
Draft opinion Paragraph 5 5. Reiterates the crucial role of cohesion policy, as the main investment policy in Europe, in the recovery process; underlines the need to increase the budget for cohesion policy for the 2021-2027 period, in order to maintain its European added value, thus contributing to economic growth, social inclusion, innovation and environmental protection; calls for the European Regional Development Fund, the European Social Fund, the European Agricultural Fund for Rural Development and the European Maritime and Fisheries Fund to become the key instruments in bringing about low-carbon economies.
Amendment 56 #
Motion for a resolution Recital B b (new) B b. whereas some Member States record high current account surpluses and European macro-economic imbalances are still large;
Amendment 56 #
Draft opinion Paragraph 5 5.
Amendment 57 #
Motion for a resolution Recital B b (new) B b. whereas productivity growth in the EU remains significantly below that of global competitors;
Amendment 57 #
Draft opinion Paragraph 5 5. Reiterates the crucial role of cohesion policy, as the main investment policy in Europe, in the recovery process; reiterates the European Parliament’s firm position to accept no cuts in cohesion policy and underlines the need to increase the budget for cohesion policy for the 2021-2027 period, in order to maintain and further enhance its European added value, thus contributing to economic growth, social and territorial inclusion, innovation and environmental protection;
Amendment 58 #
Motion for a resolution Recital C Amendment 58 #
Draft opinion Paragraph 5 5. Reiterates the crucial role of cohesion policy, as the main investment policy in Europe, in the recovery process and recommends that the Member States act on the specific recommendations made by the Commission as part of the European Semester; underlines the need to increase the budget for cohesion policy for the 2021-2027 period, in order to maintain its European added value, thus contributing to economic growth, social inclusion, innovation and environmental protection;
Amendment 59 #
Motion for a resolution Recital C Amendment 59 #
Draft opinion Paragraph 5 5. Reiterates the crucial role of cohesion policy, as the main investment policy in Europe, in the recovery process; underlines the need to increase the budget for cohesion policy for the 2021-2027 period and increase synergies and complementarity with other EU funds, in order to maintain its European added value, thus contributing to economic growth, social inclusion, innovation and environmental protection;
Amendment 6 #
Motion for a resolution Citation 17 — having regard to the Commission’s recommendation for a Council recommendation of 17 December 2019 on the economic policy of the euro area (COM(2019
Amendment 6 #
Draft opinion Paragraph 1 1. Acknowledges that Europe’s economy is showing signs of less dynamic
Amendment 60 #
Motion for a resolution Recital C Amendment 60 #
Draft opinion Paragraph 5 5. Reiterates the crucial role of cohesion policy, as the main public investment policy in Europe
Amendment 61 #
Motion for a resolution Recital C Amendment 61 #
Draft opinion Paragraph 5 5. Reiterates the crucial role of cohesion policy, as the main investment policy in Europe, in the
Amendment 62 #
Motion for a resolution Recital C C.
Amendment 62 #
Draft opinion Paragraph 5 5. Reiterates the crucial role of cohesion policy, as the main investment policy in Europe,
Amendment 63 #
Motion for a resolution Recital C C. having regard to the need for a European Climate Law with a legally binding goal of reaching net zero greenhouse gas emissions by 2050 at the latest and an intermediate target of at least 65 % for 2030 and that climate targets need to be accompanied by a strong social strategy that takes into account the long- established EU priority of economic and social cohesion between its regions;
Amendment 63 #
Draft opinion Paragraph 5 5. Reiterates the crucial role of cohesion policy, as the main investment policy in Europe, in the recovery process; underlines the need to
Amendment 64 #
Motion for a resolution Recital C C. having regard to the
Amendment 64 #
Draft opinion Paragraph 5 – point 1 (new) (1) Stresses that the increased budget for cohesion policy for the 2021-2027 period would help to offset the public investment-to-GDP ratio which is still forecasted to remain below pre-crisis levels in almost half the EU Member States;
Amendment 65 #
Motion for a resolution Recital C C. having regard to the need for a European Climate Law with a legally binding goal of reaching net zero greenhouse gas emissions by 2050 at the latest and an intermediate target of at least
Amendment 65 #
Draft opinion Paragraph 5 – point 2 (new) (2) Increased cohesion funds would help recipients of funds to maintain fiscal discipline through balanced budgets, while also stimulating growth and reducing unemployment;
Amendment 66 #
Motion for a resolution Recital C a (new) C a. Whereas net public investment in the euro area fluctuated during previous decade around a level near to zero leading to a deterioration of public infrastructures; Whereas the lack of investment in the European Union does not originate from a lack of saving, but goes hand in hand with an external surplus still expected to reach 3% in the euro area while some Member States have continued running large and persistent surpluses above levels
Amendment 66 #
Draft opinion Paragraph 5 – point 3 (new) (3) Notes that increased cohesion funds for the 2021-2027 period would allow to support more projects that clearly benefit the environment in terms of energy efficiency;
Amendment 67 #
Motion for a resolution Recital C a (new) C a. whereas the Banking Union remains incomplete without a deposit insurance scheme to safeguard tax payers and depositors and the backstop for the SRB;
Amendment 67 #
Draft opinion Paragraph 5 a (new) 5a. Believes that EU funds, programmes and instruments need to be simplified and made more flexible in order to make EU funding for strategic investment projects more efficient and geographically balanced;
Amendment 68 #
Motion for a resolution Recital C b (new) C b. Whereas it is expected that climate change and the deterioration of the environment will have significant negative impact on economic activities that results in slower productivity gains or sudden, catastrophic events with a non- negligeable probability
Amendment 68 #
Draft opinion Paragraph 6 6.
Amendment 69 #
Motion for a resolution Recital C b (new) C b. whereas the completion of the EMU must be seen as a decisive step towards the stabilization of the Euro Area and promotion of upward socioeconomic convergence and cohesion among Member States;
Amendment 69 #
Draft opinion Paragraph 6 6.
Amendment 7 #
Motion for a resolution Citation 17 — having regard to the Commission’s recommendation for a Council recommendation of 17 December 2019 on the economic policy of the euro area (2019/C652),
Amendment 7 #
Draft opinion Paragraph 1 1. Acknowledges that Europe’s economy is showing signs of less dynamic growth; highlights that more must be done to support Member States which are experiencing slower growth and high unemployment, particularly where young people are concerned, special schemes of subsidies could be foreseen to support and enhance employment in this regard;
Amendment 70 #
Motion for a resolution Recital C c (new) C c. Whereas an estimated supplementary investment in the energy, transport and building sectors in the size of 260 millions a year are necessary to only reach a 40%reduction of greenhouse gaz; the financing of those investments will have to come from European and national budgetary means as well as by private investors
Amendment 70 #
Draft opinion Paragraph 6 6. Welcomes the inclusion of the Sustainable Development Goals in the European Semester, with the aim of putting people, their health and the planet at the centre of economic policy; regrets that there is still no new European Strategy in place that would replace the Europe 2020 Agenda; notes that, in this respect, special attention must be paid to the labour market and the European Pillar of Social Rights, by safeguarding existing jobs and creating new ones
Amendment 71 #
Motion for a resolution Recital C c (new) C c. whereas the European Semester should contribute to drive the EU and its Member States towards the UN SDGs for 2030 and the compliance with the European Pillar of Social Rights and the Paris Agreement goals;
Amendment 71 #
Draft opinion Paragraph 6 6. Welcomes the inclusion of the 17 Sustainable Development Goals (SDGs) of the UN 2030 Agenda for Sustainable Development in the European Semester, with the aim of putting people, their health and the planet at the centre of economic policy; emphasises that the SDGs call for action to promote prosperity and build economic growth while protecting the planet, ending poverty and addressing a range of social needs including education, health, social protection and job opportunities; notes that, in this respect, special attention must be paid to the labour market, by safeguarding existing jobs and creating new ones;
Amendment 72 #
Motion for a resolution Recital C d (new) Amendment 72 #
Draft opinion Paragraph 6 6. Welcomes the inclusion of the
Amendment 73 #
Motion for a resolution Recital C e (new) C e. Whereas insufficient or late investment in climate change adaptation and mitigation orin the protection of biodiversity will substantially increase the cost of the unavoidable adjustment
Amendment 73 #
Draft opinion Paragraph 6 6. Welcomes the inclusion of the Sustainable Development Goals in the European Semester, and recommends that a balanced and stepwise approach be adopted with the aim of putting people, their health and the planet at the centre of economic policy; notes that, in this respect, special attention must be paid to the labour market, by safeguarding existing jobs and creating new ones; stresses that the New Green Deal must not hamper investment in basic infrastructure in regions where this is lacking;
Amendment 74 #
Motion for a resolution Recital C f (new) C f. Whereas the Member States are due to submit final National Energy and Climate Plans including an estimation of investment needs and financing sources to meet decarbonization targets
Amendment 74 #
Draft opinion Paragraph 6 6. Welcomes the inclusion of the Sustainable Development Goals in the European Semester, with the aim of putting people, their health and the planet at the centre of economic policy; notes that, in this respect, special attention must be paid to the labour market, by safeguarding existing jobs and creating new ones; calls for respect for the environment and the reduction of carbon emissions to become a mandatory criterion for the award of public contracts.
Amendment 75 #
Motion for a resolution Recital C g (new) C g. Whereas an approach to digitalization that is ecologically sustainable, human-centric approach and based on European values will require well designed, conditional financial public support and careful regulation
Amendment 75 #
Draft opinion Paragraph 6 6. Welcomes the inclusion of the Sustainable Development Goals in the European Semester, with the aim of putting people, their health and the planet at the centre of economic policy; notes that, in this respect, special attention must be paid to the labour market, by safeguarding existing jobs
Amendment 76 #
Motion for a resolution Recital C h (new) C h. whereas annual revenue losses caused by aggressive corporate tax planning in the EU ranges from EUR 50- 70 billion to EUR 160-190billion depending on the methodology; whereas latest estimates of tax evasion within the EU point to a figure of approximately EUR 825 billion per year
Amendment 76 #
Draft opinion Paragraph 6 6. Welcomes the inclusion of the Sustainable Development Goals in the European Semester, with the aim of putting people, their health and the planet at the centre of economic policy; notes that, in this respect, special attention must be paid to the labour market, by safeguarding existing jobs and creating new ones, while advocating inclusive growth with a view to reducing poverty, especially child poverty;
Amendment 77 #
Motion for a resolution Recital C i (new) C i. whereas tax optimization, tax evasion and tax avoidance for the benefit of some large companies and individuals have resulted in billions of euros in lost revenue for public finance management in several Member States at the expense of SMEs and other taxpayers; contributing to increasing inequality and imbalances
Amendment 77 #
Draft opinion Paragraph 6 6. Welcomes the inclusion of the Sustainable Development Goals in the European Semester, with the aim of putting people, their health and the planet at the centre of economic policy; notes that, in this respect, special attention must be paid to the labour market, by
Amendment 78 #
Motion for a resolution Paragraph 1 1. Notes that, in view of the climate change emergency, the EU’s Annual Growth Survey (AGS) has now been renamed the Annual Sustainable Growth Survey (ASGS)
Amendment 78 #
Draft opinion Paragraph 6 6. Welcomes the inclusion of the Sustainable Development Goals in the European Semester, with the aim of putting people, their health and the planet also at the centre of economic policy; notes that, in this respect, special attention must be paid to the labour market, by safeguarding existing jobs and creating new ones, or ensuring at least a just transition;;
Amendment 79 #
Motion for a resolution Paragraph 1 1. Notes that, in view of the
Amendment 79 #
Draft opinion Paragraph 6 6. Welcomes the inclusion of the Sustainable Development Goals in the European Semester, with the aim of putting people, their health and the planet at the centre of economic policy; notes that
Amendment 8 #
Motion for a resolution Citation 20 a (new) - having regard to the Commission’s communication of 6 December 2017 on further steps towards completing the Economic and Monetary Union (COM(2017) 821),
Amendment 8 #
Draft opinion Paragraph 1 1. Acknowledges that Europe’s economy is showing signs of less dynamic growth; highlights that more must be done to support Member States which are experiencing slower growth and high
Amendment 80 #
Motion for a resolution Paragraph 1 1. Notes that, in view of the climate change emergency, the EU’s Annual Growth Survey (AGS) has now been renamed the Annual Sustainable Growth Survey (ASGS), and considers that this implies a change in the positioning of the report and the implementation of ecological indicators; stresses that this needs to be more than a semantic aspect in the report, and requires serious and ambitious proposals to tackle climate change and promote environmental sustainability within the EU not downsizing the social dimension.
Amendment 80 #
Draft opinion Paragraph 6 6. Welcomes the inclusion of the Sustainable Development Goals in the European Semester, with the aim of putting
Amendment 81 #
Motion for a resolution Paragraph 1 1. Notes that
Amendment 81 #
Draft opinion Paragraph 6 6.
Amendment 82 #
Motion for a resolution Paragraph 1 1. Notes that,
Amendment 82 #
Draft opinion Paragraph 6 6. Welcomes the inclusion of the Sustainable Development Goals in the European Semester, with the aim of putting people, their health and the planet at the centre of economic policy; notes that, in this respect,
Amendment 83 #
Motion for a resolution Paragraph 1 1. Notes that, in view of the climate change emergency, the EU’s Annual Growth Survey (AGS) has now been renamed the Annual Sustainable Growth Survey (ASGS)
Amendment 83 #
Draft opinion Paragraph 6 – point 1 (new) (1) Welcomes that environmental sustainability, productivity gains, fairness and macro-economic stability will be the four dimensions economic policy in the following years; Stresses that monitoring progress of the following dimensions is crucial for the successful implementation;
Amendment 84 #
Motion for a resolution Paragraph 1 1. Notes that, in view of the climate change emergency, the EU’s Annual Growth Survey (AGS) has now been renamed the Annual Sustainable Growth Survey (ASGS), and considers that this implies a change in the positioning of the report and the implementation of ecological indicators; stresses however that this change must comply with the valid fiscal rules;
Amendment 84 #
Draft opinion Paragraph 6 a (new) 6a. It is necessary to stress that not all Member States, regions and cities are starting from the same starting point when it comes to designing and implementing climate and environmental policies; therefore, although the transition to a sustainable economic model has the potential to stimulate growth and employment, policy measures are needed to mitigate the short-term negative impact on certain sectors and regions; it is also necessary for the new mechanism for a just transition to provide tailor-made support to the most affected citizens and regions;
Amendment 85 #
Motion for a resolution Paragraph 1 1. Notes that, in view of the political prioritization of climate change
Amendment 85 #
Draft opinion Paragraph 6 a (new) 6a. Underlines that special attention must be paid to the implementation of the principles of the European Pillar of Social Rights, especially regarding the labour market by putting an end to its deregulation, safeguarding existing jobs and creating new and high-quality ones, tackling unemployment and in-work poverty and by eliminating the gender and age pay gap;
Amendment 86 #
Motion for a resolution Paragraph 1 1. Notes that,
Amendment 86 #
Draft opinion Paragraph 6 a (new) 6a. Acknowledges that the Green Deal and ecological challenges are among the most important priorities of the European Union and stresses that the European Commission must contribute consistently to the support of the industrial reconversion of the most polluting sector of the European industries;
Amendment 87 #
Motion for a resolution Paragraph 1 1. Notes that, in view of the climate change emergency, the EU’s Annual Growth Survey (AGS) has now been renamed the Annual Sustainable Growth Survey (ASGS), and considers that this implies a change in the positioning of the report and the implementation of
Amendment 87 #
Draft opinion Paragraph 6 a (new) 6a. Takes note of the objectives of the Sustainable Europe Investment Plan but expresses concern about the actual results obtainable through the leverage effect and about the innovation and effectiveness of the supported projects;
Amendment 88 #
Motion for a resolution Paragraph 1 1. Notes that, in view of the declared climate change emergency, the EU’s Annual Growth Survey (AGS) has now been renamed the Annual Sustainable Growth Survey (ASGS), and considers that this implies a change in the positioning of the report and the implementation of ecological indicators;
Amendment 88 #
Draft opinion Paragraph 6 b (new) 6b. Notes the role of the European Green Deal as the EU’s new growth strategy for Europe with sustainability, citizen well-being and fairness at its core; notes, however, that the starting point towards its implementation differs among EU countries and regions and that some of them will be more exposed to economic and social risks; underlines that the Just Transition Mechanism should ensure an adequate, inclusive and fair transition for all; deplores, in this regard, that the financial proposal for the Just Transition Fund will prove itself insufficient for a fair and inclusive transition to a greener economy;
Amendment 89 #
Motion for a resolution Paragraph 1 1. Notes that
Amendment 89 #
Draft opinion Paragraph 6 b (new) 6b. Reminds that the transition to a “zero emissions” productive model can’t be implemented without adequate graduality and attention to side effects on the economic, social and cultural frameworks in which stakeholders play;
Amendment 9 #
Motion for a resolution Citation 21 Amendment 9 #
Draft opinion Paragraph 1 1. Acknowledges that Europe’s economy is showing signs of less dynamic growth; points out that vulnerabilities persist ;highlights that more must be done to support Member States which are most affected by the crisis and experiencing slower growth and high unemployment, particularly where young people are concerned;
Amendment 90 #
Motion for a resolution Paragraph 1 1. Notes that, in view of the
Amendment 90 #
Draft opinion Paragraph 7 Amendment 91 #
Motion for a resolution Paragraph 1 a (new) 1 a. Notes that the Political Guidelines for the Commission 2019-20124 set out the principle to systematically integrate United Nations Sustainable Development Goals (SDGs) and the rights and principles of the European Pillar of Social Rights (EPSR) in the European Semester process and that such approach has been mirrored in the mission letters for the Commissioner responsible for Economy, and for the Executive Vice- Presidents responsible for, respectively, the European Green Deal and an Economy that Works for the People;
Amendment 91 #
Draft opinion Paragraph 7 7. Notes that the best response to citizens’ concerns is to support an increase in real earnings, seek greater investment in green and quality jobs, boost domestic demand and ensure a fairer distribution of the wealth generated; considers that the Stability and Growth Pact should be more flexible so as to take into account cyclical conditions, structural reforms and government investment; calls on the Commission to strengthen the role of the European Parliament in the European Semester process that should go beyond of providing only opinion on the employment guidelines and to make the European Semester process more transparent;
Amendment 92 #
Motion for a resolution Paragraph 1 a (new) 1 a. Notes the importance of (1) high quality sustainable investments, (2) structural reforms that increase productivity growth, and (3) macro- financial stability and sound public finances in order to prepare the EU for its challenges, such as the transition to a low carbon economy in line with the Paris Agreement on Climate Change, whilst strengthening competitiveness; moreover, emphasizes the growth and employment opportunities that are inherent to the environmental sustainability agenda;
Amendment 92 #
Draft opinion Paragraph 7 7. Notes that the best response to citizens’ concerns is to support an increase in real earnings, seek greater investment in quality jobs, boost domestic demand and ensure a fairer distribution of the wealth generated; considers that the Stability and Growth Pact should be more flexible so as to take into account cyclical conditions, structural reforms and government investment; reiterates that real earnings per head in the Euro area are forecasted to grow by less than 1% in 2020/2021;
Amendment 93 #
Motion for a resolution Paragraph 2 Amendment 93 #
Draft opinion Paragraph 7 7. Notes that the best response to citizens’ concerns is to support an increase in real earnings, seek greater investment in quality
Amendment 94 #
Motion for a resolution Paragraph 2 2. Notes the role of the European
Amendment 94 #
Draft opinion Paragraph 7 7. Notes that
Amendment 95 #
Motion for a resolution Paragraph 2 2.
Amendment 95 #
Draft opinion Paragraph 7 7. Notes that the best response to citizens’ concerns is to support an increase in real earnings, seek greater investment in quality jobs, boost domestic demand and ensure a fairer distribution of the wealth generated; considers that the implementation of the Stability and Growth Pact should
Amendment 96 #
Motion for a resolution Paragraph 2 2. Notes the role of the European Green Deal
Amendment 96 #
Draft opinion Paragraph 7 7. Notes
Amendment 97 #
Motion for a resolution Paragraph 2 2. Notes the
Amendment 97 #
Draft opinion Paragraph 7 7. Notes that the best response to citizens’ concerns is to support an increase in real earnings, seek greater investment in quality jobs, boost domestic demand and ensure a fairer and inclusive distribution of the wealth generated; considers that the Stability and Growth Pact should be more flexible so as to take into account cyclical conditions, structural reforms and government investment;
Amendment 98 #
Motion for a resolution Paragraph 2 2. Notes
Amendment 98 #
Draft opinion Paragraph 7 7. Notes that the best response to citizens’ concerns is to
Amendment 99 #
Motion for a resolution Paragraph 2 2. Notes
Amendment 99 #
Draft opinion Paragraph 7 – point 1 (new) (1) Notes that if the forecasts of the Commission are correct it will be 6 years in a row of sub-one-percent growth of real wages per head in the Euro area;
source: 646.869
2020/01/29
BUDG
68 amendments...
Amendment 1 #
Draft opinion Paragraph -1 (new) -1. Takes good note of the Commission's acknowledgement that growth prospects have been weakened, investment and potential growth still remain below pre-crisis levels, the economic gap among Member States and regions has widened, inequalities within the EU have increased and the pace of unemployment reduction has slowed down;
Amendment 10 #
Draft opinion Paragraph 1 a (new) 1 a. Considers that the European Semester is crucial in its role to create synergies towards a synchronisation of the public reforms that promotes a sustainable growth model. Underlines that the biggest risk for the European economy is to miss the opportunity of an economic coordination and coherence between national and European policies;
Amendment 11 #
Draft opinion Paragraph 1 a (new) 1 a. Underlines that implementation of the Green deal shall not distort the long- term sustainability of public finances and shall be in full compliance with the Stability and Growth Pact and with short- term macroeconomic stabilisation;
Amendment 12 #
Draft opinion Paragraph 2 2. Underlines that addressing these challenges may lead to negative distributional effects;
Amendment 13 #
Draft opinion Paragraph 2 2. Underlines that addressing these challenges may lead to negative distributional effects; considers, therefore, that ensuring the full implementation of the principles of the European Pillar of Social Rights is crucial, especially regarding the labour market by putting an end to its deregulation, safeguarding existing jobs and creating new and high-quality ones, tackling unemployment, in-work poverty and job precariousness and by eliminating the gender and age pay gap;
Amendment 14 #
Draft opinion Paragraph 2 2. Underlines that addressing these challenges may lead to negative distributional effects; considers, therefore, that ensuring the implementation of the principles of the European Pillar of Social Rights is crucial; underlines that inclusive growth must be achieved by significant investment in green jobs, infrastructure, education and training, health, research and innovation; increased productivity must nevertheless lead to overall higher wages;
Amendment 15 #
Draft opinion Paragraph 2 2. Underlines that
Amendment 16 #
Draft opinion Paragraph 2 2. Underlines that addressing these challenges may lead to negative distributional effects but also create positive opportunities, such as creating new jobs; considers, therefore, that ensuring the implementation of the principles of the European Pillar of Social Rights is crucial, notably to restore the dignity of work, ensure gender equality and reduce poverty;
Amendment 17 #
Draft opinion Paragraph 2 2. Underlines that addressing these challenges may lead to negative distributional effects; considers, therefore, that ensuring the implementation of the principles of solidarity and of the European Pillar of Social Rights is crucial;
Amendment 18 #
Draft opinion Paragraph 2 a (new) 2 a. Recalls that labour mobility is one of the main drivers of economic growth, but notes that the shrinkage of the active population in certain regions on the periphery of the EU presents a risk of macro-economic imbalances; recalls that such shrinkage is mainly due to mass emigration and warns that this trend presents a long-term threat to these regions’ economies, their public finances and the EU as a whole; recalls that EU cohesion funds aim at fostering convergence of the EU’s economies, revitalising the poorest regions of the Union and thus slowing down mass emigration; deplores, therefore, the Commission’s proposal to reduce the sum allocated to cohesion in the next multiannual financial framework;
Amendment 19 #
Draft opinion Paragraph 2 a (new) 2 a. Stresses the emergency of the climate change that must be addressed in each Member State. The European Green Deal has the potential of bringing all stakeholders together in front of an issue that is both a big challenge and an opportunity to relaunch the economy; therefore calls for a coordinated strategy within the European Semester;
Amendment 2 #
Draft opinion Paragraph 1 1.
Amendment 20 #
Draft opinion Paragraph 2 a (new) 2 a. stresses the importance to swiftly adopt the European investment stabilisation function together with a European unemployment benefit reinsurance scheme, with a view to protecting citizens and reducing pressure on public finances during asymmetric shocks so as to overcome social and economic imbalances;
Amendment 21 #
Draft opinion Paragraph 2 b (new) 2b. Deplores the fact that the European Semester advocates the dismantling of public pension systems;
Amendment 22 #
Draft opinion Paragraph 3 3.
Amendment 23 #
Draft opinion Paragraph 3 3. Underlines the importance of the European Semester as an instrument to ensure policy coordination and coherence; welcomes the increased focus on environmental sustainability and on the implementation of the Sustainable Development Goals in the Country Reports; calls for the semester to play a more active role to ensure that the EU delivers on its commitments under the Paris Agreement to limit global warming to 1.5 degree and in particular asks for the strengthening of links with the National Energy and Climate Plans, also when drafting the CSRs;
Amendment 24 #
Draft opinion Paragraph 3 3. Underlines the importance of the European Semester as an instrument to ensure policy coordination;
Amendment 25 #
Draft opinion Paragraph 3 3. Underlines the importance of the European Semester as an instrument to ensure policy coordination; supports a reinforced link between cohesion policy and the country-specific recommandations of the Commission in the context of the European Semester; welcomes the increased focus on environmental sustainability and on the implementation of the Sustainable Development Goals in the Country Reports;
Amendment 26 #
Draft opinion Paragraph 3 3. Underlines the importance of the European Semester as an instrument to ensure macroeconomic polic
Amendment 27 #
Draft opinion Paragraph 3 3. Underlines the importance of the European Semester as an instrument to ensure policy coordination; welcomes the increased focus on environmental sustainability and on the implementation of the Sustainable Development Goals in the Country Reports; insists that more needs to be done as regards the protection and upgrading of the European Social Model;
Amendment 28 #
3 a. Points out that the European Semester must consistently contribute to the elimination of social, economic, territorial, growth and investment inequalities and disparities between Member States and regions; highlights that more must be done to support Member States and regions that are experiencing slower growth, wider inequalities and higher unemployment, especially where young people are concerned;
Amendment 29 #
Draft opinion Paragraph 3 a (new) 3 a. Welcomes the new Commission’s commitment to revise the actual rules of the Stability and Growth Pact, which in an period of economic stagnation and underinvestment, are no longer appropriate; therefore, considers that additional flexibility is needed in order to boost growth, environmental and social public investments to counter the climate emergency and its social consequences;
Amendment 3 #
Draft opinion Paragraph 1 1. Considers that the European Union needs a more sustainable growth model in order to respond to economic, social, environmental
Amendment 30 #
Draft opinion Paragraph 3 a (new) 3 a. Recalls, for instance, the importante role of the Cohesion Funds in the implementation of the SDGs, as well as the European Pilar of Social Rights, in the Member States;
Amendment 31 #
Draft opinion Paragraph 3 b (new) 3 b. Moreover, invites the Commission to introduce “a golden rule” for public investments, in particular for environmental and social investments, which will allow investments outside the debt and deficit rules of the Stability and Growth Pact; underlines that being an investment budget, Member States’ GNI based contributions to the EU budget could be considered in this sense, or Member States’ co-financing of EU programmes;
Amendment 32 #
Draft opinion Paragraph 3 b (new) Amendment 33 #
Draft opinion Paragraph 3 b (new) 3 b. Reminds, as another example, the paramount effect of investments in research and development, as well as on skilling youth, in the Member States’ productivities, and stresses the paradox between this fact and the repetitive willingness from some Member States over the last years and for the next period, for a low ambition EU policy in this regards;
Amendment 34 #
Draft opinion Paragraph 4 Amendment 35 #
Draft opinion Paragraph 4 4. Welcomes the Single Market Performance Reports, which will debunk myths surrounding the ‘net contributors and net recipients’ approach to the EU budget by providing figures that demonstrate the benefits of single market access for
Amendment 36 #
Draft opinion Paragraph 4 4.
Amendment 37 #
Draft opinion Paragraph 4 4. Welcomes the Single Market Performance Reports, which will debunk myths surrounding the ‘net contributors and net recipients’ approach to the EU budget by providing figures that demonstrate the benefits of single market access for the Member States and the solidarity between our economies;
Amendment 38 #
Draft opinion Paragraph 4 a (new) 4 a. Notes the importance of the negotiations on the next MFF in order to set the budgetary framework for the next years, as the key instrument not only for the EU’s funding and upcoming policies but especially for the global coherence of the European Semester. Any delay will be detrimental to the scope of the European Semester; therefore calls the Council to advance with the negotiations on the MFF;
Amendment 39 #
Draft opinion Paragraph 4 a (new) 4 a. Recalls that the fight against tax evasion and tax avoidance can only be effectively solved through a concerted effort at European level;
Amendment 4 #
Draft opinion Paragraph 1 1. Considers that the European Union needs a more sustainable growth model in order to respond to environmental, digital and demographic challenges; welcomes the European Green Deal as the new green growth strategy for Europe with sustainability, citizen well-being and fairness at its core; therefore calls on the Commission urgently to start work on the creation of its own coordination mechanism in the EU to ensure that Europe is able to become the first climate- neutral continent by 2050;
Amendment 40 #
Draft opinion Paragraph 5 5.
Amendment 41 #
Draft opinion Paragraph 5 5. Stresses the importance of a properly and sufficiently funded EU budget in order to address common challenges and citizens’ expectations; recalls Parliament’s position demanding a strong and credible EU budget and an agreement on the reform of the EU’s own resources to give its consent; reiterates Parliament’s firm position to accept no cuts in cohesion policies and underlines the need to increase the budget for cohesion policies in order to maintain and further enhance its European added value, thus contributing to economic growth, social and territorial inclusion, innovation and environmental protection; requests that the Commission adopt a more transparent, stringent, comprehensive methodology for climate and biodiversity mainstreaming, while involving Parliament in this process;
Amendment 42 #
Draft opinion Paragraph 5 5. Stresses the importance of a properly funded EU budget in order to address common challenges and citizens’ expectations; recalls Parliament’s position demanding a strong and credible EU budget and an agreement on the reform of the EU’s own resources to give its consent; requests that the Commission adopt a more transparent, stringent, comprehensive methodology for climate and biodiversity mainstreaming,
Amendment 43 #
Draft opinion Paragraph 5 5. Stresses th
Amendment 44 #
Draft opinion Paragraph 5 5. Stresses the importance of a properly funded EU budget in order to address common challenges and citizens’ expectations while ensuring a policy coherence; recalls Parliament’s position demanding a strong and credible EU budget, both for traditional policies and for new challenges, and an agreement on the reform of the EU’s own resources to give its consent; recalls that in order to meet its obligations under the Paris Climate Agreement, the EU 's contribution to the climate target should reach 30% of expenditure over the period MFF 2021-2027; recalls that the MFF must notably include the just transition fund and the youth guarantee and bring its share to the European green deal; requests that the Commission adopt a more transparent, stringent, comprehensive methodology for climate and biodiversity mainstreaming, while involving Parliament in this process;
Amendment 45 #
Draft opinion Paragraph 5 5. Stresses the importance of a properly funded EU budget in order to address common challenges and citizens’ expectations; recalls Parliament’s position demanding a strong and credible EU development and social budget and an agreement on the reform of the EU’s own resources to give its consent; requests that the Commission adopt a more transparent, stringent, comprehensive methodology for climate and biodiversity mainstreaming, while involving Parliament in this process;
Amendment 46 #
Draft opinion Paragraph 5 5. Stresses the importance of a properly funded EU budget in order to address common challenges and citizens’ expectations; recalls Parliament’s position demanding a strong and credible EU budget and an agreement on the reform of the EU’s own resources to give its consent; requests that the Commission adopt a fairer, more transparent, stringent, comprehensive methodology for climate and biodiversity mainstreaming, while involving Parliament in this process;
Amendment 47 #
Draft opinion Paragraph 5 a (new) 5 a. Highlights the vital role of cohesion policy as the primary public investment policy in Europe, therefore emphasises the need to increase the budget for cohesion policy for the 2021- 2027 period, maintaining its European added value, and thus contributing to sustainable economic growth and green jobs, social inclusion, innovation and environmental protection, including the climate goals of the Paris Agreement; in addition, cohesion policy will play a key role in ensuring a socially fair and just transition of the European economy;
Amendment 48 #
Draft opinion Paragraph 5 a (new) 5 a. Considers that the transition to this new growth model requires a significant amount of investment and some of the instruments envisaged in the next MFF 2021-2027 can play an important role in supporting the green transition;
Amendment 49 #
Draft opinion Paragraph 6 6. Considers that the Member States
Amendment 5 #
Draft opinion Paragraph 1 1. Considers that the European Union needs a more sustainable growth model in order to respond to environmental, digital and demographic challenges; welcomes the European Green Deal as the new green growth strategy for Europe with sustainability, citizen well-being and fairness at its core as well as a socially just transition, that will respect the limitations of our natural resources and ensure job creation and lasting prosperity for the future;
Amendment 50 #
Draft opinion Paragraph 6 6.
Amendment 51 #
Draft opinion Paragraph 6 6. Considers that the Member States and regions have different starting points when it comes to the transition; considers that the Just Transition Mechanism should ensure an adequate, inclusive and fair transition for all; emphasises that the European Semester must consistently contribute to the elimination of social, economic and territorial inequalities and disparities between EU regions, and consequently new indicators focusing on social aspects are necessary;
Amendment 52 #
Draft opinion Paragraph 6 6. Considers that the Member States and regions have different starting points when it comes to the transition and the efforts already made shall not be neglected; considers that the Just Transition Mechanism should ensure an adequate, inclusive and fair transition for all affected by environmental and climate transformation towards a neutral carbon economy;
Amendment 53 #
Draft opinion Paragraph 6 6. Considers that the Member States and regions have different starting points when it comes to the transition; considers that the Just Transition Mechanism should ensure an adequate, inclusive and fair transition for all; therefore ensuring a strong facility that can provide the necessary technical assistance for the less developed regions;
Amendment 54 #
Draft opinion Paragraph 6 6. Considers that the Member States and regions have different starting points when it comes to the transition; considers that the Just Transition Mechanism should ensure an adequate, inclusive
Amendment 55 #
Draft opinion Paragraph 6 6. Considers that the Member States and regions have different starting points when it comes to the transition; considers that the Just Transition Mechanism should ensure an adequate, inclusive and fair transition for all including not least islands;
Amendment 56 #
Draft opinion Paragraph 6 a (new) 6 a. Welcomes the initiative of the Commission to present a Sustainable Europe Investment Plan as a real catalyser to the necessary investments to deliver on the European Green Deal;
Amendment 57 #
Draft opinion Paragraph 6 b (new) 6 b. Recalls the importance to complete the Economic and Monetary Union with a central fiscal capacity able to accommodate macro-economic shocks with instruments such as the European Unemployment Benefit Reinsurance Scheme and the European Investments Stabilisation Function; notes the proposals to create a Budgetary Instrument for Convergence and Competitiveness for the Euro area and a Reform Support Programme; considers that its governance structure should be subject to democratic control and fears that if this budgetary instrument is too small it risks not being macro- economically relevant;
Amendment 58 #
Draft opinion Paragraph 6 c (new) 6 c. Underlines the importance, for the budgetary resources of the EU and its Member States, of fighting tax evasion, tax avoidance and aggressive tax planning; recalls that investment in this fight brings back financing power to national budgets much more easily and systematically than any saving performed on the back of the EU budget; considers that digital technologies will impact the way value added is created in the economy and that the European taxation system should be reformed to cope with this transformation;
Amendment 59 #
Draft opinion Paragraph 6 d (new) 6 d. Considers that flexibility of the Stability and Growth Pact should be further revised to take into account Member States' efforts supporting, through public investment, a fair and inclusive transition towards a competitive green and digital economy; reiterates that, as a contribution to an investment and counter-cyclical budget, aligned with the Sustainable Development Goals, Member States’ contributions to EU budget and/or national co-financing of EU programmes should be excluded from the national deficits calculations;
Amendment 6 #
Draft opinion Paragraph 1 1. Considers that the European Union needs a more sustainable growth model in order to respond to environmental, digital and demographic challenges; welcomes the European Green Deal as the new green growth strategy for Europe with sustainability, citizen well-being and fairness at its core; ensuring that nobody is left behind through a just transition that creates jobs, infrastructure and helps the economic convergence between the regions;
Amendment 60 #
Draft opinion Paragraph 6 e (new) 6 e. Underlines that any taxation reform aiming at greening the national budgets must be conceived so as to avoid increasing the fiscal burden on the contributors;
Amendment 61 #
Draft opinion Paragraph 7 7.
Amendment 62 #
Draft opinion Paragraph 7 7.
Amendment 63 #
Draft opinion Paragraph 7 7. Invites the Commission to continue to enhance the democratic accountability of the European Semester
Amendment 64 #
Draft opinion Paragraph 7 7. Invites the Commission to continue to enhance the democratic accountability of the European Semester
Amendment 65 #
Draft opinion Paragraph 7 a (new) 7a. Dissociates itself from the Commission’s recommendations to Member States with regard to reversing macroeconomic imbalances; points out that weak growth, rampant inflation, increasing poverty and social inequality are the result of structural reforms introduced by national governments under pressure from the Commission;
Amendment 66 #
Draft opinion Paragraph 7 a (new) 7 a. Considers that to achieve sustainable growth the EU needs to shift from rather experimental, unprecedented and unsustainable monetary policies to conventional, evidence based and growth- friendly investment, a comprehensive and non-selective implementation of the SGP, and structural reforms;
Amendment 67 #
Draft opinion Paragraph 7 b (new) 7 b. Underlines the structural reforms in the Member States are needed in order to create the conditions for sustainable growth;
Amendment 68 #
Draft opinion Paragraph 7 c (new) 7 c. Considers that close to zero interest rates severely distort the intertemporal allocation of capital; whereas a flat yield curve severely damages the traditional borrowing and lending business model of banks and drives them into riskier business activities;
Amendment 7 #
Draft opinion Paragraph 1 1. Considers that the European Union needs a more sustainable growth model in order to respond to environmental, digital and demographic challenges as well as inequalities; welcomes the European Green Deal as the new green growth strategy for Europe with sustainability, citizen well-being and fairness at its core; calls for the new green growth strategy for Europe to be underpin a socially just transition;
Amendment 8 #
Draft opinion Paragraph 1 1. Considers that the European Union needs a more sustainable growth model in order to respond to environmental, digital and demographic challenges; welcomes the European Green Deal as the new green growth strategy for Europe with sustainability, citizen well-being and fairness at its core and the macroeconomic stability and its corollary 'the investment plan for a sustainable Europe';
Amendment 9 #
Draft opinion Paragraph 1 1. Considers that the European Union needs a more sustainable growth model in order to respond to environmental, social, digital and demographic challenges; welcomes the European Green Deal as the new green growth strategy for Europe with sustainability, citizen well-being and social fairness at its core;
source: 646.935
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2020-02-29Show (1) Changes | Timetravel
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2020-02-27Show (1) Changes | Timetravel
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2020-01-28Show (1) Changes | Timetravel
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