4 Amendments of Maria GRAPINI related to 2014/2145(INI)
Amendment 38 #
Draft opinion
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Considers that the current European economic governance framework, focuses more on fiscal stability (i.e. reducing the public deficit and public sector debt) and reducing costs, while the objectives of economic recovery, sustainable growth, and the creation of more and better jobs receive too little attention;
Amendment 39 #
Draft opinion
Paragraph 4 b (new)
Paragraph 4 b (new)
4b. Believes that a monetary union cannot function effectively and correctly without a fiscal and economic union, in this context, believes that current trends in respect of fragmentation of the European financial markets should be stopped (the most obvious source of financial market fragmentation is the existence of different currencies);
Amendment 40 #
Draft opinion
Paragraph 4 c (new)
Paragraph 4 c (new)
4c. Considers that financial integration is very important for the EU economy, considers that a well-integrated financial system facilitates the smooth implementation of monetary policy and the balanced transmission of its effects throughout the euro area, contributing to financial stability by creating larger markets more liquid and competitive, providing greater opportunities and diversifies funding risk;
Amendment 41 #
Draft opinion
Paragraph 4 d (new)
Paragraph 4 d (new)
4d. Considers that a single market cannot function while there are large discrepancies between Member States; believes that , in order to be competitive, Member States should start from an equal premise, believes thus that, besides the need for the development of a monetary union, banking union, tax union and economic union an energy union and transport union should also be a top priority;