12 Amendments of Fabio Massimo CASTALDO related to 2019/2110(INI)
Amendment 37 #
Motion for a resolution
Recital F a (new)
Recital F a (new)
Fa. whereas in his speech to mark the twentieth anniversary of the euro at the January part-session, the President of the European Commission forthrightly criticised what the EU itself had done during the crisis, admitting that a reckless austerity policy had been pursued and also regretting the lack of solidarity displayed by the European institutions towards countries in difficulties, particularly Greece;
Amendment 40 #
Motion for a resolution
Recital F b (new)
Recital F b (new)
Fb. whereas some countries still have persistent excessive current account surpluses that significantly exceed the alert threshold of 6% of GDP;
Amendment 53 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Agrees that effectivesocially balanced structural reforms, accompanied by well- targeted investments and responsible fiscal policies, continue to provide a successful compass for preparing the EU for its future and present challenges;
Amendment 60 #
Motion for a resolution
Paragraph 4
Paragraph 4
Amendment 74 #
Motion for a resolution
Paragraph 5
Paragraph 5
Amendment 93 #
Motion for a resolution
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Stresses the need for a change of course by the European Union marking the permanent abandonment of austerity policies and permitting the adoption of sustainable and effective economic policies to tackle unemployment, poverty and rising socio-economic inequalities and to boost the public investment needed to support the real economy, quality employment and innovation;
Amendment 117 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Underlines that socially balanced reforms which increase competition in product markets, promote resource efficiency and improve the business environment, as well as quality of institutions, including an effective justice system, and quality and efficiency of tax collection, are essential for achieving greater economic resilience for the euro area and Member States; emphasises in this context the importance of the single market and the need for its further deepening;
Amendment 194 #
Motion for a resolution
Paragraph 13
Paragraph 13
Amendment 199 #
Motion for a resolution
Paragraph 13 a (new)
Paragraph 13 a (new)
13a. Stresses the need, in order to avoid depressing public investment and to increase the potential for growth, to thoroughly revise the flexibility clause and the current rules of the Stability and Growth Pact in order to introduce a genuine golden rule for investment which excludes productive public investment and national contributions to European funds from the calculation of budget deficits;
Amendment 209 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Underlines that investment in tangibles and intangibles in order to increase productivity, skills and innovation, along with the growth- enhancing socially balanced structural reforms, will increase long-term growth potential;
Amendment 228 #
Motion for a resolution
Paragraph 16
Paragraph 16
Amendment 236 #
Motion for a resolution
Paragraph 16 a (new)
Paragraph 16 a (new)
16a. Notes with concern that excessive current-account surpluses in some Member States are a source of deep macroeconomic imbalances which negatively affect the stability and sustainability of the whole Union, hampering the process of rebalancing between euro area economies; deplores the fact that the Commission has never applied the corrective instruments available under the Macroeconomic Imbalance Procedure (MIP) and therefore urges the Commission to take effective measures against the accumulation of excessive surpluses;