Activities of Constance LE GRIP related to 2010/2099(INI)
Shadow opinions (2)
OPINION Communication from the Commission to the European Parliament, the European Council, the Council, the European Central Bank, the Economic and Social Committee and the Committee of the Regions : Reinforcing economic policy coordination
OPINION with recommendations to the Commission on improving the stability and economic governance framework of the Union, in particular in the euro area
Amendments (9)
Amendment 1 #
Draft opinion
Paragraph 1
Paragraph 1
1. Citation of the Monti Report1 and Parliament’s resolution on ‘Delivering a Single market’2whereas it is essential to proper European economic governance that the internal market be completed as envisaged in the Monti Report1, 1 ‘A new strategy for the single market – at the service of Europe’s economy and society’, report to the President of the European Commission, by Professor Mario Monti, 9 May 2010. 2 P7_TA(2010)0186.
Amendment 5 #
Draft opinion
Paragraph 5
Paragraph 5
Amendment 9 #
Draft opinion
Paragraph 6
Paragraph 6
6. Establish an enhanced analytical surveillance framework (including a scoreboard with specific trigger values for early warning) with appropriate methodological tools and transparency for an effective multilateral surveillance based on key economic indicators (real and nominal), which may affect competitiveness positions, including, but not limited to, growth rate, composition of the national GDP, employment rate, real exchange rate developments, labour cost developments, current account/balance of payments developments, credit growth, capital formation and inflows, productivity developments, asset markets (including private debt and property markets) developments, and investment in R&D as a % of GDP, reduction of greenhouse gas emissions, rate of achievement of tertiary and secondary education and reduction of poverty (Recommendation 1, Indent 2),
Amendment 18 #
Draft opinion
Paragraph 9
Paragraph 9
Amendment 29 #
Draft opinion
Paragraph 12
Paragraph 12
Amendment 34 #
Draft opinion
Paragraph 15
Paragraph 15
Amendment 36 #
Draft opinion
Paragraph 15 a (new)
Paragraph 15 a (new)
15a. Ask the Commission to consider setting up a ‘European Monetary Fund’ to complement the Stability and Growth Pact in its function of controlling the budget situation in Member States. The fund could be financed by contributions from the euro area countries, pro rata with GDP, and fines proportionate to levels of debt and deficit. The Member States could request assistance from the fund to a level equivalent to their contributions to it,
Amendment 44 #
Draft opinion
Paragraph 18
Paragraph 18
18. Continue efforts regarding EU tax harmoniscoordination. (Recommendation 5, new indent).
Amendment 45 #
Draft opinion
Paragraph 18 a (new)
Paragraph 18 a (new)
18a. As well as aligning national budget timetables, and in the context of the ‘Union Semester’, ensure better working coordination between the European Parliament, with its enhanced budgetary powers, and the national parliaments. The Council and the Commission should consult Parliament on the broad economic policy guidelines, on the employment guidelines and on the indicators used as a basis for national reform programmes.