10 Amendments of Nils TORVALDS related to 2015/2210(INI)
Amendment 55 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Welcomes the Commission's focus in the 2015 Country-Specific Recommendations (CSRs) on the four main priorities for economic growth: boosting investment, implementation of structural reforms in product, service and labour markets, fiscal responsibility and improving employment policy; stresses the importance of these growth drivers, also in the context of achieving the goals set out in the Europe 2020 strategy; and the overall objective of making the EU globally more competitive;
Amendment 78 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Notes with concern the varying degrees of commitment demonstrated by Member States to implementing last year's CSRs and the generally poor implementation record; stresses the importance of the implementation of the CSRs in order to ensure consistent and fair implementation of the economic governance framework across Member States; deplores in this context the non-binding nature of the recommendations;
Amendment 81 #
Motion for a resolution
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Is extremely worried that in some cases there is no progress at all in the implementation of CSRs; stresses that in several cases this is a major obstacle to creating a growth- and investment- friendly environment; calls on the Commission to support the implementation of the CSRs by making use of the economic governance toolkit, particularly the MIP;
Amendment 128 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Notes that further fiscal consolidation is still needed in many Member States in order to comply with the conditions of the Stability and Growth Pact (SGP); notes the Commission's interpretative communication on flexibility in the SGP, aimed at clarifying the scope of the investment clause and allowing for a certain degree of temporary flexibility in the preventive arm of the SGProle of investment , structural reforms and cyclical conditions in the preventive arm of the SGP; calls for clarity by way of timely, transparent and comprehensive update of the 'Specifications on the implementation of the SGP' (Code of Conduct) as regards how this complex matter will be implemented in practice;
Amendment 146 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Is concerned at the persisting macroeconomic imbalances in some Member States, in particular the high public and private debt levels and large current account gaps, as well as the excessive risks in the banking systems;
Amendment 200 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Stresses the need for Member States to adapt their public finances by conducting a counter-cyclical policy when necessary and making full use of the existing flexibility clauseschieve and maintain sound fiscal positions where automatic stabilisers can operate foreseen in the legislationely and effectively; considers that Member States with high debt levels in particular must continue with growth- friendly fiscal consolidation and urgently implement the recommended structural reforms, while those with more fiscal space should use it to accelerate investment and reduce the tax burden;
Amendment 211 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Welcomes the fall in the number of Member States subject to the Excessive Deficit Procedure (EDP), from 11 in 2014 to 9 in 2015; notes, however, that the number is still relatively high, and reiterates its call for the Country Specific Recommendations (CSRs) to be, where relevant, better coordinated with the EDP recommendations so as to ensure consistency between surveillance of the fiscal position and economic policy coordination;
Amendment 213 #
Motion for a resolution
Paragraph 14 a (new)
Paragraph 14 a (new)
14a. Stresses the importance to increase the transparency in the way the preventive arm of the SGP is applied as part of the Country Specific Recommendations in order to guarantee equal treatment among Member States;
Amendment 262 #
Motion for a resolution
Paragraph 17 a (new)
Paragraph 17 a (new)
17a. Calls on the Commission and the Council to make methodological improvements to the underlying procedures of the Semester; stresses the importance of the methodological aspects in order to enhance effectiveness and transparency in applying the current rules and urges both the Commission and the Council to improve the current practice; requests that all underlying analysis regarding the implementation of the SGP and MIP should be made public;
Amendment 263 #
Motion for a resolution
Paragraph 17 b (new)
Paragraph 17 b (new)
17b. Requests the Commission and the Council to include an explicit reference to the required fiscal effort for the current and the upcoming year in the relevant recommendations under the preventive and corrective arm of the SGP;