Motion for a resolution
Paragraph 32
32. Considers that the specific dynamics of economic adjustment within the euro area call for the development of two financial instruments, within the euro area’s fiscal capacity, that would be particularly relevant for the implementation of the EPSR: a. a fund for renewed structural convergence, supporting the implementation of socially just reforms and investments that are necessary for increasing the growth potential of crisis- affected areas and restoring upward social convergence, including implementation of the Youth Guarantee, Skills Guarantee and Child Guarantee; b. a European unemployment insurance scheme, complementing national schemes in cases of severe cyclical downturn and helping prevent the translation of an asymmetric shock into structural disadvantage;deleted