BETA

Activities of Bernd LUCKE related to 2016/2101(INI)

Plenary speeches (1)

European Semester for economic policy coordination: implementation of 2016 priorities (A8-0309/2016 - Alfred Sant) DE
2016/11/22
Dossiers: 2016/2101(INI)

Amendments (12)

Amendment 39 #
Motion for a resolution
Recital E
E. whereas political developments such as the question of the UK's membership of the Union, relations with Russia and, the refugee crisis and the unwillingness of Member States to commit to serious structural reforms have compounded uncertainties and further served to inhibit investment;
2016/08/30
Committee: ECON
Amendment 99 #
Motion for a resolution
Paragraph 4
4. Welcomes the Commission’s continuing approach to limit the number of recommendations and its effort to mainstream the semester by covering mainly key priority areas of macroeconomic and social relevance, when setting the policy objectives for the next 18 months; reiterates that this facilitates the implementation of recommendations according to a comprehensive and meaningful range of economic and social benchmarks;
2016/08/30
Committee: ECON
Amendment 117 #
Motion for a resolution
Paragraph 6
6. Stresses that Europe’s long economic crisis has shown that there is a strong need to focus on public and private investmentacilitate private investment and increase public investment in areas such as education and infrastructure, in order to enhance the EU’s competitiveness;
2016/08/30
Committee: ECON
Amendment 141 #
Motion for a resolution
Paragraph 7
7. Underlines that the still-too-high unemployment rates show that the capacity to create jobs in most Member States is still limited; emphasises that further action is needed, in consultation with social partntakeholders and in accordance with national practices, to make labour markets more inclusivecompetitive and open to job-creation overall;
2016/08/30
Committee: ECON
Amendment 154 #
Motion for a resolution
Paragraph 8
8. Expresses disquiet about the current ‘liquidity trap’ the EU economy seems to have fallen into, with interest rates at the Zero Lower Bound (ZLB), weak demand prospects, and restricted investment and spending by households and companies, not least in surplus countries;Deleted
2016/08/30
Committee: ECON
Amendment 166 #
Motion for a resolution
Paragraph 9
9. Welcomes the Commission’s recommendation for three Member States to exit the Excessive Deficit Procedure (EDP); agrees with the Commissionstates that large and consistent current account surpluses reflect a clear need to stimulate demand and investment in order to cope with the challenges of the future regarding transport and communications, the digital economy, education and research, climate change, energy, environmental protection and the ageing population; calls on the Commission to continue to support budgetary policies that underpin growth and recovery in all Member States and support sustainable structural reformsn undervalued internal exchange rate and constitute a case of "beggar-thy- neighbour policy" of countries with such undervalued internal exchange rates; calls on the Commission to develop legal and technical procedures to enable countries to leave the Eurozone if they wish to do so;
2016/08/30
Committee: ECON
Amendment 190 #
Motion for a resolution
Paragraph 10
10. Notes that further measures are needed to reduce non-performing loans (NPL) in the euro area and to increase the ability of banks to lend to the real economy, notably to SMEs;
2016/08/30
Committee: ECON
Amendment 203 #
Motion for a resolution
Paragraph 11
11. Underlines the fact that investment has so far lagged and failed to lead to sustainable and inclusiveeconomic growth in the EUurozone and that under the current circumstances, monetary policy alone is unlikely to bring about recovery, even though the rules madneither expansionary monetary nor fiscal policy will return the Eurozone necessary by banking union have imposed more stringent financial criteria on banks; considers that a coordinated fiscal expansion is also needed onomies to their long-term potential growth path in the absence of exchange rates reflecting the EU, therefore, in line with the rules of the Stability and Growth Pact and its flexibility clauses, in order to place emphasir relative competitiveness; underlines that the best way to help the most affected countries to significantly lower unemployment in the medium term is oan public and private investmentexit from the currency union;
2016/08/30
Committee: ECON
Amendment 230 #
Motion for a resolution
Paragraph 12
12. Emphasises the need to improve the EU’s overall capacity to create and sustain jobs and thus to tackle high levels of unemployment, while considering that migrationtackle high levels of unemployment by structural reforms and an exit from the Eurozone, while considering that migration of well- educated young citizens of non-EU countries could play an important role in compensating for the negative effects of the ageing population; emphasises, however, that this alone cannot be the main response to address structural demographic, labour market or fiscal challenges but that it should be complemented with efficient public expenditure, especially in high-quality social and environmentally sustainable investments and lower taxes on labour;
2016/08/30
Committee: ECON
Amendment 247 #
Motion for a resolution
Paragraph 13
13. Highlights the importance of resilientflexible labour markets where an appropriate trade-off is maintained between economic, social and human costs in accordance with the EU values of solidarity and subsidiarityinterests of employers and employees, with a focus on the upgrading of educational systems and vocational education;
2016/08/30
Committee: ECON
Amendment 267 #
Motion for a resolution
Paragraph 14
14. Invites the Commission to give priority to measures that reduce the obstacles to greater investment flows, which arise at both an EU level from a lack of clarity regarding strategies that are to be followed, especially in the fields of energy, transport, communications and the digital economy, as well as from the effect on bank lending in the wake of the adoption of the banking union, and a national level from cumbersome legal systems, corruption, lack of transparency, outdated bureaucracy, inadequate digitalisation of public services, lack of mutual recognition of academic and technical qualifications in the professions and certain services sectors, and educational systems that remain out of synch with modern requirements;
2016/08/30
Committee: ECON
Amendment 293 #
Motion for a resolution
Paragraph 16
16. Underlines the importance of better addressing the high tax wedge on labour given that high taxation diminishes incentives for the inactive, the unemployed, second earners and low-wage earners to return to employment, by promoting a growth-friendly tax shift towards consumption andreducing the overall size of government and by promoting a tax shift towards more neutral taxes and smart environmental taxes;
2016/08/30
Committee: ECON