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9 Amendments of Antolín SÁNCHEZ PRESEDO related to 2010/0279(COD)

Amendment 36 #
Proposal for a regulation
Recital -1 (new)
(-1) The improved economic governance framework should rely on several inter- linked and coherent policies, namely a Union strategy for jobs and smart, sustainable and inclusive growth, a European Semester for strengthened coordination of economic and budgetary policies, an effective framework for preventing and correcting excessive budgetary positions (the Stability and Growth Pact), a robust framework for preventing and correcting macro- economic imbalances, enhanced financial market regulation and supervision (including macro-prudential supervision by the European Systemic Risk Board), a credible permanent financial stability mechanism, a multiannual financial framework and a increased Union budget with new financial and own resources, which should be aimed to improve economic coordination and achieve the objectives of the Union
2011/02/15
Committee: ECON
Amendment 37 #
Proposal for a regulation
Recital -1 a (new)
(-1a) Experience gained during the first decade of functioning of the economic and monetary union shows a need for improved economic governance in the Union, which should be built on a stronger national ownership of commonly agreed rules and policies and on a more robust framework at the Union level for national economic policies.
2011/02/15
Committee: ECON
Amendment 39 #
Proposal for a regulation
Recital -1 c (new)
(-1c) The Stability and Growth Pact and the Union's economic governance framework as a whole should complement and be compatible with a Union strategy for jobs and smart and sustainable growth which aims at boosting the Union's competitiveness, environmental responsibility and social progress.
2011/02/15
Committee: ECON
Amendment 40 #
Proposal for a regulation
Recital -1 d (new)
(-1d) Strengthening economic governance should go hand in hand with reinforcing the democratic legitimacy of European governance, which should be achieved through the closer and timelier involvement of the European Parliament and national parliaments throughout economic policy coordination .
2011/02/15
Committee: ECON
Amendment 42 #
Proposal for a regulation
Recital -1 e (new)
(-1e) The European semester for economic and budgetary policies coordination should play a vital role in implementing the requirement under Article 121(1) of the Treaty on the Functioning of the European Union (TFEU) that Member States regard their economic policies as a matter of common concern and coordinate them accordingly. Transparency, independent oversight and multilateral coordinated surveillance are an integral part of enhanced economic governance. The Council and the Commission should make public and set out the reasons for their positions and decisions at appropriate stages of the economic policy coordination procedures.
2011/02/15
Committee: ECON
Amendment 46 #
Proposal for a regulation
Recital -1 f (new)
(-1f) Without prejudice to their rights and obligations under the TFEU, the Member States whose currency is not the euro should have the right to opt-out from certain provisions of EU legislation in the field of economic governance according to the conditions provided for in each piece of EU legislation.
2011/02/15
Committee: ECON
Amendment 47 #
Proposal for a regulation
Recital 1
(1) The coordination of the economic policies of the Member States within the Union, as provided for by the Treaty, should be developed in the context of the broad economic and employment guidelines with a view to contributing to the achievement of the objectives of the Union defined in Article 3 of the TUE and the fulfilment of the requirements provided in Article 9 of the TFEU, and should entail compliance with the guiding principles of stable prices, sound and sustainable public finances and monetary conditions and a sustainable balance of payments.
2011/02/15
Committee: ECON
Amendment 199 #
Proposal for a regulation
Article 3 – paragraph 2
2. The yearly fine to be proposed by the Commission shall be 0.proportionate to the circumstances and must not be higher than 0,1% of the GDP of the Member State concerned in the preceding year.
2011/02/15
Committee: ECON
Amendment 250 #
Proposal for a regulation
Article 5 a (new)
Dialogue on macro-economic and budgetary surveillance In order to enhance the dialogue between the Union institutions, in particular the European Parliament, the Council and the Commission on the one hand, and the national parliaments, national governments and other relevant bodies of the Member States on the other, and to ensure greater transparency and accountability, the competent committee of the European Parliament may organise hearings and public debates on macro- economic and budgetary surveillance undertaken by the Council and the Commission.
2011/02/15
Committee: ECON