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35 Amendments of Fabio Massimo CASTALDO related to 2014/2249(INI)

Amendment 58 #
Motion for a resolution
Recital H
H. whereas the Eurogroup should be subject to appropriate mechanisms of democratic accountability and the Commission’s role as the executive should be strengthened in the field of Economic and Monetary Policy bythrough the creation of the position of EU Finance Minister, assisted by an EU Fiscal and Treasury administration, and by endowing it with the powers to implement and enforce any future and existing Economic anan EU Fiscal and Treasury administration to handle a EU fiscal capacity based Monetary Union (EMU) instrument genuine own resources;
2016/02/17
Committee: AFCO
Amendment 82 #
Motion for a resolution
Recital K
K. whereas the Fiscal Compact should be incorporated into the EU legal framework on the basis of an assessment of experience with its implementationimplementation of the Fiscal Compact has shown all its unsustainable effects;
2016/02/17
Committee: AFCO
Amendment 96 #
Motion for a resolution
Recital M
M. whereas the Union needs a new legal act on economic policy, including the adoption of Convergence Guidelines, as well as someas crucial structural reforms in the areas of competitiveness, growth and social cohesion;
2016/02/17
Committee: AFCO
Amendment 118 #
Motion for a resolution
Recital P
P. whereas the Union should be endowed with increased investment capacity by ensuring better use of the existing structural funds and by fully implementing the existing six-pack and two-pack legal framework;
2016/02/17
Committee: AFCO
Amendment 129 #
Motion for a resolution
Recital Q
Q. whereas part of the EU budget should be used to establish a fiscal capacity within the eurozone in order to assist Member States in the implementation of agreed structural reforms based on certain conditionin order to assist Member States; whereas this additional fiscal capacity should be placed outside the ceilings of the MFF and should be financbased byon genuine own resources;
2016/02/17
Committee: AFCO
Amendment 202 #
Motion for a resolution
Paragraph 6
6. Is of the opinion that intergovernmental solutions should not exist, not even in areas where not all the Member States fulfil the conditions for participation, and that the Fiscal Compact and the European Stability Mechanism, as intended by the Treaties should therefore be incorporated into Union law and no new institutions should be introduced;deleted
2016/02/17
Committee: AFCO
Amendment 315 #
Motion for a resolution
Paragraph 21
21. Calls for the creation of the position of European Finance Minister, combining the roles of a permanent President of the Eurogroup and Commission Vice- President (VP) for Economic and Financial Affairs, through an Interinstitutional Agreement between Parliament, Council and Commission;deleted
2016/02/17
Committee: AFCO
Amendment 323 #
Motion for a resolution
Paragraph 21 a (new)
21a. Demands that the President and the Members of the Eurogroup are subject to appropriate mechanisms of democratic accountability towards the European Parliament, by ensuring an adequate parliamentary ex-ante and ex-post scrutiny over EU-level executive decisions, including through the publication of minutes and full access to all relevant information and documents;
2016/02/17
Committee: AFCO
Amendment 350 #
Motion for a resolution
Paragraph 25
25. Suggests, on the basis of Article 352 TFEU, the creation of an EU Fiscal and Treasury Administration, with a role similar to that of the Congressional Budget Office in the United Sin order to support an EU fiscal capacity based on enhanced own resourced, to be collected especially through corrective tatxes, in order to support the European Finance Minister on economic activities generating negative externalities, such as a Financial Transaction Tax and a Carbon Tax;
2016/02/17
Committee: AFCO
Amendment 414 #
Motion for a resolution
Paragraph 31
31. RecCalls that any furfor a comprehensive and independent reassessment of existing legislation and budgetary rules, in view of their developmenmajor impact ofn the EMU should be based on, and build on, existing legislation and its implementation; ability of Eurozone's Member States to conduct effective countercyclical policy in order to support economic recovery and social cohesion; deplores that existing EU Treaties do not provide for a legal right to withdraw from the Eurozone without leaving the EU at the same time;
2016/02/17
Committee: AFCO
Amendment 431 #
Motion for a resolution
Paragraph 33
33. Insists on the adoption of Convergence Guidelines, to be enshrined within a Convergence Code and adopted under the ordinary legislative procedure, with a view to creating a more binding framework for economic policy coordination (with key economic, competitiveness and social targets, such as in the areas of labour markets, competitiveness, business environment and public administrations, aspects of tax policy and social protection) that is open to all 28 Member States and that guarantees them the possibility of participating in a shock-absorption mechanism;deleted
2016/02/17
Committee: AFCO
Amendment 486 #
Motion for a resolution
Paragraph 42
42. Calls for the integrationrepeal of the Fiscal Compact into the EU legal framework on the basis of anits assessment of the experience with its unsustainable implementation;
2016/02/17
Committee: AFCO
Amendment 521 #
Motion for a resolution
Paragraph 46
46. Insists on the full implementation of the existing six-pack and two-pack framework and the European Semester to address, in particular, macroeconomic imbalances, and secure long-term control over deficit and still extremely high levels of debt by improvboth the preventive and corrective arm of the macroeconomic imbalance procedure to effectively address unsustainably high levels of current account surpluses ing spending efficiency, prioritising productive investments, providing incentive to structural reform and taking into account business cycle conditionsome member states, including by channelling excess savings towards the domestic economy and boosting public spending and investment; to this end, calls on the Commission to conduct a stricter monitoring and surveillance on high surplus countries and impose sanctions where necessary;
2016/02/17
Committee: AFCO
Amendment 539 #
Motion for a resolution
Paragraph 48
48. Proposes the establishment of a fiscal capacity within the eurozone in order to assist Member States in the implementation of agreed structural reforms, based on incentives and certain conditions, including the effective implementation of the National Reform Programmes agreed within the European Semester; considers that this could be done through the creation of additional capacity and/or by earmarking funding from the existing EU budget for this purpose; underlines that any new instrument should be placed within the EU budget, but outside the ceilings of the MFF, and financed from real own resourcesEU, financed from real own resources related to corrective taxes on economic activities generating negative externalities, such as a Financial Transaction Tax and a Carbon Tax;
2016/02/17
Committee: AFCO
Amendment 579 #
Motion for a resolution
Paragraph 52
52. Believes that the establishment of a European fiscal capacity and the European Monetary Fund arebased on EU real own resources related to corrective taxes on economic activities generating negative externalities, such as a Financial Transaction Tax and a Carbon Tax is a steps in the process of creating a European Treasury, which should be accountable to the European Parliament;
2016/02/17
Committee: AFCO
Amendment 584 #
Motion for a resolution
Paragraph 53
53. Calls for due consideration to be given to the main findings of the Expert Group created by the Commission, with a view to constituting a Redemption Fund;
2016/02/17
Committee: AFCO
Amendment 598 #
Motion for a resolution
Paragraph 55
55. Calls for the rapid compleIs concerned about the adverse implications of athe Banking Union based on a single supervision mechanism (SSM) and a sarchitecture, based on the principle of bail-in, for depositors, savers and taxpayers as well as for the stability of the banking sector; points out that the proposed recovery and resolution mechanisms, such as bridge financing mechanisms and the Single rResolution mechanism (SRM), and sustained by an adequate backstop; calls, to this end, for a swift agreement on an adequate bridge financing mechanism until the Single Resolution Fund becomes operational and a European Insolvency Scheme is created; Fund, do not represent adequate and credible tools to support resolution of the European largest banks, thereby leaving the door open for further taxpayers bailouts in case of future systemic banking crises; calls, to this end, for a swift adoption of a far-reaching Bank Structural Reform based on a clear separation of trading activities from the core credit function, sustained by a full guarantee on all bank deposits backed by the ECB acting as a lender of last resort, with a view to achieving a simpler and more credible framework for bank resolution, while safeguarding both depositors, savers and taxpayers, and making bank crises less likely at the same time;
2016/02/17
Committee: AFCO
Amendment 611 #
Motion for a resolution
Paragraph 57
57. Calls for the establishment of a true capital markets union, with a single European capitNotes with concern the proposal of establishing a capital market union which aims at boosting the role of capital markets and financial instruments in the EU; recalls that the further development of the financial sector tends to adversely affect productive investment and economic growth, while increasing financial sector's instability and systemic risk; calls for a swift completion of a far- reaching reform of the financial sector, tackling speculative trading and risky instruments, with a view to rebalancing its role in the real economy, while strengthening the quality of financial markets supervisorion;
2016/02/17
Committee: AFCO
Amendment 646 #
Motion for a resolution
Paragraph 64
64. Considers it necessary to address the weakness in the existing institutional structure, whereby certain parts of the Treaty may be overseen by the Court of Justice while others are excluded from such scrutiny; calls for binding coordination and surveillance of the budgetary discipline of those Member States whose currency is the euro, subject to the control of the Court of Justice on the basis of Article 136 TFEU, in conjunction with Article 121 (6), and under strengthened parliamentary scrutiny in the detailed implementation of Article 121 (3) and (4) TFEU;
2016/02/17
Committee: AFCO
Amendment 658 #
Motion for a resolution
Paragraph 67 a (new)
67a. Considers it fundamental to favour the integration of prosumers in the EU market and network as a key contribution to a more competitive and well- functioning internal energy market and an Energy Union with citizens at its core;
2016/02/17
Committee: AFCO
Amendment 661 #
Motion for a resolution
Paragraph 68
68. Calls for full enforcement of existing internal energy markeenergy and environment legislation, according to Article 194 TFEU, in order to establish an resilient Energy Union with a forward-looking policy;
2016/02/17
Committee: AFCO
Amendment 669 #
Motion for a resolution
Paragraph 70
70. EncouragesCalls for a reassessment of the economic, social, environmental and corruption risks associated with the use of 'project bonds', in close cooperation with the European Investment Bank (EIB), for the financingand welcomes its use for financing smart grids infrastructures and energy projectdemand reduction energy projects, in line with the "energy efficiency first" principle; highlights that project bond instruments, which aim to leverage private investments by shifting to the public the risks of projects that fail to attract investments otherwise, may result in higher hidden costs for taxpayers;
2016/02/17
Committee: AFCO
Amendment 699 #
Motion for a resolution
Paragraph 72 a (new)
72a. Strongly supports, in line with the appeal of the President of the Commission to the Member States, the introduction of a minimum income with the aim of combating poverty and social exclusion in the EU; stresses that it is up to each Member State to set minimum income levels and that these should be commensurate to the specific socioeconomic situation;
2016/02/17
Committee: AFCO
Amendment 706 #
Motion for a resolution
Paragraph 73
73. Calls on the Commission to set up social criteria for the evaluation of Member States’ performance, and to recommend structural reform aimed at enhancing their administrative and institutional capacity, through the modification of Regulation No 1303/2013 laying down common provisions on the European Regional Development Fund, the European Social Fund, the Cohesion Fund, the European Agricultural Fund for Rural Development and the European Maritime and Fisheries Fund and laying down general provisions on the European Regional Development Fund, the European Social Fund, the Cohesion Fund and the European Maritime and Fisheries Fund, to ensure better use of regional and social funds; recalls however that measures linking effectiveness of ESI Funds to sound economic governance may strongly penalise the local and regional authorities concerned and ultimately undermine the rationale itself of cohesion policy.
2016/02/17
Committee: AFCO
Amendment 718 #
Motion for a resolution
Paragraph 75
75. Calls for the establishment of a new social pact aimed at presfosterving Europe's social market economy, respecting the right to collective bargaining, together with all workers' rights; points out that such a pact could enhance the coordination of the social policies of the Member States; calls on the Commission to include and promote social investments that not only generate financial returns but also promote positive social spillovers, such as investments in human capital, investments with high impact on better and sustainable job creation, social inclusion and poverty reduction, or investments in the social economy;
2016/02/17
Committee: AFCO
Amendment 756 #
Motion for a resolution
Paragraph 83
83. Calls for progressive steps to be taken towards a common defence policy (Article 42(2) TEU) and, eventually, a common defence, which can be set up by unanimous decision of the European Council; recalls, however, that whatever step in this direction should have exclusively peace- keeping and defence goals and should go hand in hand with the strengthening of the democracy of the decision-making process and of the political control;
2016/02/17
Committee: AFCO
Amendment 800 #
Motion for a resolution
Paragraph 93
93. Considers that there is a need to enhance EU-NATO cooperation at all levels in areas such as capability development and contingency planning for hybrid threats, and to intensify efforts at removing remaining political obstacleand to intensify efforts at removing remaining political obstacles; Takes note of the need to evaluate a better coordination between the UE and the NATO; considers that the strengthening of the common European defence policy may contribute to counterbalance the equilibriums in the NATO, with the objective to assure that the alliance remains true to its original, exclusively defensive goals;
2016/02/17
Committee: AFCO
Amendment 812 #
Motion for a resolution
Paragraph 94
94. Underlines that in the light of the recent attacks and the increase of the terrorist threat, a more intense and structuredsystematic, structured and mandatory exchange of information and data between national security agencies and intelligence services, ands well as with Europol and Frontex, is absolutely essential;
2016/02/17
Committee: AFCO
Amendment 827 #
Motion for a resolution
Paragraph 96
96. Highlights the need to set uptrengthen an EU common asylum and immigration policy, which should provide as we; deplores the failure of the common EU asylum system and calls for a revision of the Dublin III Regulation; calls for a fair and compulsory distribution of asylum seekers in the European Union; takes the view that such a policy should involve all Member States, but that, if this proves impossible, the potential of enhanced cooperation could be exploite; reminds to Member States the obligations already taken in this regard;
2016/02/17
Committee: AFCO
Amendment 839 #
Motion for a resolution
Paragraph 97
97. Considers it necessary to strengtheTakes note of the Commission Fprontex and transform itposal aimed at transforming Frontex into a European System of Border Guards, to be supported, when necessary, by military instruments such as a European Maritime Force (Euromarfor) and an upgraded European Corps (Eurocorps), together with the resources pooled through Permanent Structured Cooperation; suggests that automatic adjustment should also be envisaged of the databases of border agencies such as Eurodac, and, in future, Smart Borders, such that they incorporate the ‘European list of dangerous persons’ and the ‘European Database for wanted persons’; questions the use of military instruments to tackle the migration emergency; calls the Commission to ensure the interoperability of the existing and future databases of border agencies such as Eurodac;
2016/02/17
Committee: AFCO
Amendment 851 #
Motion for a resolution
Paragraph 98
98. Stresses the importance of distinguishing between the concepts of ‘unsafe third countries’ (war zones) and ‘safeo not stereotype the asylum seekers on the base on theird countries’ (mostly Western Balkans countries), and the corresponding distinction of procedures for processing applicants coming from these two categories of countries; nationality; takes note of the Commission proposal establishing a list of safe countries of origin; recalls for the srignature of agreements with safe third countries in ordht of asylum seekers to control and reduce migration flows before migrants arrive at the EU border; insists, at the same time, on strict procedures for returning applicants with unfounded claimsan in-depth examination of their application;
2016/02/17
Committee: AFCO
Amendment 863 #
Motion for a resolution
Paragraph 100
100. Calls for an upgrade of the human and financial capabilities of the European Asylum Support Office (EASO) so that it can be efficiently deployed to support Member States under particular migratory pressure in the processing of asylum requests, including in its mandate for the deployment of joint operations, pilot projects and rapid interventions similar to the ones added by Regulation 1168/2011 to the mandate of Frontex;
2016/02/17
Committee: AFCO
Amendment 865 #
Motion for a resolution
Paragraph 101
101. Underscores the importance of improved coordination between EASO, Frontex and the Office of the European Ombudsman in order to allow for smoother adoption of Early Alert Reports in the event of particular migratory pressure, which is likely to put at risk respect for the fundamental freedoms of asylum seekers; considers it possible for the Commission to use these Early Alert Reports as basis to trigger the contingency measures provided for in Article 78(3) TFEU and to activate the future Crisis Relocation Mechanism proposed by the Commission that will be adopted on the basis of Article 78(2) TFUE;
2016/02/17
Committee: AFCO
Amendment 882 #
Sa. whereas the freedom of movement, and in particular of workers, is a right enshrined in the Treaties (art. 45 TFEU) and constitute a fundamental driving force for the completion of the Single Market;
2016/02/23
Committee: AFCO
Amendment 886 #
Motion for a resolution
Paragraph 71 a (new)
71a. Stresses that every limitation to the freedom of movement for workers and relative benefits has to be decided case by case following the provisions of the Treaty and of the secondary legislation, as well as the ECJ case law; underlines that every mechanism going beyond these lines would require a modification of the Treaty and should be applicable to every Member State; reminds anyway that it would risk to undermine the principle of non-discrimination among European citizens;
2016/02/23
Committee: AFCO