1 Amendments of Brando BENIFEI related to 2014/2249(INI)
Amendment 725 #
Motion for a resolution
Paragraph 75 a (new)
Paragraph 75 a (new)
75a. Highlights the need to develop European automatic stabilising mechanisms to address asymmetric economic shocks, in order to maintain social cohesion, support internal demand and strengthen the sustainability of the single currency; stresses that an EMU- wide unemployment insurance fund would provide temporary relief to countries suffering from high unemployment as a result asymmetric economic fluctuations; highlights that such a fund could be established on the basis of art 136 and art 175 TFEU and established through national resources of the euro area countries, managed by the Commission and placed in a separate line within the EU budget;