Activities of Bernard MONOT related to 2017/2124(INI)
Plenary speeches (1)
European Central Bank Annual Report for 2016 (debate) FR
Amendments (10)
Amendment 175 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Asks the ECB to consiCalls for an amendment to the TFEU, and in particular Article 127(1) thereof, in order to complementingte the ECB's mandate and its price stability objective with nominal GDP growth targeting, while recalling the importance of fairly sharing the fruits of growth;
Amendment 202 #
Motion for a resolution
Paragraph 12
Paragraph 12
Amendment 207 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Underlines theIs unable to find objective evidence of any positive effect of the ECB monetary policy on growth, employment and the financing costs of Member States, non-financial companies and households; recognises, however, that it has provided the eurozone States with cheap financing, which delays the effort that many of them need to make to rationalise public spending;
Amendment 285 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Stresses that excessive current account surpluses in some Member States, first and foremost Germany, must be corrected through appropriate fiscal policies;
Amendment 301 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Acknowledges that monetary policy has effectivelymay have helped reduced the cost of credit and helped to improve access to finance for large companies and household; is concerned, however, about the consequences of a rise in interest rates for the stability of the real estate market in some countries; considers, howeverlastly, that the effect of this policy is limited owing to the lack of sufficient credit demand in the euro area;
Amendment 375 #
Motion for a resolution
Paragraph 24
Paragraph 24
24. WelcomNotes the improvementchanges made by the ECB in disclosing the list of securities held by the Eurosystem under the ECB’s CSPP;
Amendment 401 #
Motion for a resolution
Paragraph 27
Paragraph 27
Amendment 410 #
Motion for a resolution
Paragraph 28
Paragraph 28
Amendment 448 #
Motion for a resolution
Paragraph 31
Paragraph 31
31. Agrees with the ECB on the importance of physical money as the only legal tender, and reminds all Eurozone countries that euro coins and banknotes must not be rejected in transactions; deplores in this context the excessive lowering of thresholds for cash payments in certain countries;
Amendment 496 #
Motion for a resolution
Paragraph 35
Paragraph 35
35. Believes that ECB profits from seigniorage revenue should be considered an EU budgetary resource, since they are directly linked to a fully developed, sui generis European policyto be due to the Member States, in proportion to their share in the capital;