10 Amendments of Marco VALLI related to 2015/2326(INI)
Amendment 9 #
Draft opinion
Paragraph 1
Paragraph 1
1. Considers that the effectiveness of EU law is systematically undermined by its unsatisfactory application by Member Statend asymmetric application by the EU institutions; notes that this lack of enforcement is at the root of a number of European crisU crises and inefficiencies;
Amendment 16 #
Draft opinion
Paragraph 2
Paragraph 2
2. Notes with concern that 11the directives relating the area of banking and financeo banking legislation arhave being infringed by one or more Member States, with Germany being the only country to comply with all existing legislation in this field, and Austria the only other Member State with fewer than three infringements1; __________________ (footnote deleted)en applied unevenly, which has created fragmentation among the EU States to the detriment of less financially-oriented systems and to the benefit of large investment banking groups;
Amendment 26 #
Draft opinion
Paragraph 4
Paragraph 4
4. Recalls that non-compliance with the Maastricht criteria, and thCondemns the fact that the policies the Commission has imposed with the euro constraining exchange-rate flenient enforcement of the Stability and Growth Pact rules by the Commission and the Council before 2010, contributed to the emergence of the European debt crisis that followed the global financial crisixibility have significantly limited Member States’ ability to respond to crises and have caused a drop in competitiveness, a fall in domestic production and the loss of jobs, crises in the credit banking sector, an increase in debt, the cutting of welfare payments and the selling-off of public assets and services to the benefit of large capital holders;
Amendment 33 #
Draft opinion
Paragraph 5
Paragraph 5
Amendment 38 #
Draft opinion
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Condemns the differential treatment, within the framework of European economic governance, of trade deficits and trade surpluses which, despite jeopardising the entire EU economy, have gone unpunished;
Amendment 43 #
Draft opinion
Paragraph 7
Paragraph 7
7. Is very concerned by the fact that the Deposit Guarantee Scheme Directive (DGSD) has still not been implemented by 10 Member States6, which undermines the efforts to build a European Deposit Guarantee Scheme that would complete the Banking Union; __________________ (footnote deleted) .that under the BRRD Directive, which introduces the principle of bail-in, deposits and current accounts are considered to be investments, and that without a central bank to act as an ultimate guarantor, any guarantee system or scheme will have insufficient funds to properly safeguard savers;
Amendment 51 #
Draft opinion
Paragraph 8
Paragraph 8
Amendment 63 #
Draft opinion
Paragraph 9 a (new)
Paragraph 9 a (new)
9a. Condemns the differential treatment, within the framework of European economic governance, of trade deficits and trade surpluses which, despite jeopardising the entire EU economy, have gone unpunished;
Amendment 64 #
Draft opinion
Paragraph 10
Paragraph 10
10. Is of the opinion that financial penalties for non-compliance with EU law should include a multiplier for those Member States for which several procedures are openguarantee equality of treatment among Member States;
Amendment 72 #
Draft opinion
Paragraph 11
Paragraph 11