10 Amendments of Fabio DE MASI related to 2014/0170(NLE)
Amendment 1 #
Motion for a resolution
Recital Aa (new)
Recital Aa (new)
whereas more than half of the Lithuanians polled in May 2013 voiced misgivings at the introduction of the euro;
Amendment 5 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. EndorsNotes the adoption of the euro by Lithuania on 1 January 2015;
Amendment 6 #
Motion for a resolution
Paragraph 3a (new)
Paragraph 3a (new)
3a. Regrets that the Lithuanian Government has adopted the euro without consulting the Lithuanian people through a referendum;
Amendment 7 #
Motion for a resolution
Paragraph 3b (new)
Paragraph 3b (new)
3b. Believes that the euro is inherently flawed and has exacerbated the imbalances between euro-zone countries which in turn has reinforced the sovereign debt crisis;
Amendment 8 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. WelcomNotes the fact that, according to the Convergence Report, in the year ending in April 2014 Lithuania had a mean inflation rate of 0.6%, and therefore fulfils this convergence criterion;
Amendment 9 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. WelcomNotes the fact that, according to the Convergence Report, in the reference year 2013 Lithuania had a budget deficit of 2.1% and a government debt of 39.4% of Gross Domestic Product, and therefore fulfils this convergence criterion; notes the fact that to meet the criteria, severe austerity measures such as increased retirement age and cuts in public servants' salaries have been put forward which has caused high unemployment to 12.40% in the first quarter of 2014 and increased income inequality;
Amendment 10 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. WelcomNotes the fact that, according to the Convergence Report, there have been no tensions surrounding the litas-euro exchange rate and Lithuania therefore fulfils this convergence criterion;
Amendment 12 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. WelcomNotes the fact that, according to the Convergence Report, during the reference period from May 2013 until April 2014 long-term interest rates in Lithuania averaged 3.6%, and Lithuania therefore fulfils this convergence criterion;
Amendment 18 #
Motion for a resolution
Paragraph 7a (new)
Paragraph 7a (new)
7a. Is concerned that the implemented austerity policies under the convergence criteria have caused mass emigration of Lithuanians and increased the income inequality; stresses that austerity should not be a model for accession to the euro or for the current euro-zone countries;
Amendment 19 #
Motion for a resolution
Paragraph 7b (new)
Paragraph 7b (new)
7b. Regrets the transposition of the Fiscal Compact Treaty into the Lithuanian Constitution;