Activities of Cora van NIEUWENHUIZEN related to 2014/2145(INI)
Plenary speeches (3)
Review of the economic governance framework: stocktaking and challenges (debate) NL
Review of the economic governance framework: stocktaking and challenges (debate) NL
Review of the economic governance framework: stocktaking and challenges (debate) NL
Amendments (40)
Amendment 79 #
Motion for a resolution
Recital B
Recital B
Amendment 106 #
Motion for a resolution
Recital C
Recital C
C. whereas, according to the Commission’s autumn forecast, investment in the euro area decreased by 3.4 % in 2012, by 2.4 % in 2013 and by 17 % since the pre-crisis period, with the expected rebound rate in 2014 (0.6 %) and that anticipated for 2015 (1.7 %) being very weak; whereas a lack of investment can be just as detrimental to future generations as excessive public debt;
Amendment 188 #
Motion for a resolution
Paragraph 2
Paragraph 2
Amendment 220 #
Motion for a resolution
Paragraph 3
Paragraph 3
Amendment 251 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Stresses that the current situation calls for closer and inclusive economic coordination (to increase aggregate demrestore trust, boost private investment and, improve fiscal sustainability and allow for fair and sustainable structural reforms and related investments) and, as well as for swift reactions so as to correct the most obvious fault lines in the economic governance framework;
Amendment 275 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Warns that the accumulation of procedures that is due to the nature of its creation makes the economic governance framework complex and not transparent enough, which is detrimental to the ownership and acceptance by parliaments, social partners and citizens of guidelines, recommendations and reforms stemming from this framework by parliaments, social partners and citizens in Member States;
Amendment 313 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Underlines all theEmphasises the need to respect and apply all existing provisions under the Stability and Growth Pact (SGP) which have been put in place to ensure an anti- cyclical policy; finds it regrettable that these provisions were not put toin full use in previous years, in the context of low inflation, low growth and high unemployment;
Amendment 324 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. WelcomeRegrets the fact that in its interpretative communication on flexibility, the Commission acknowledges that the way in which the current fiscal rules are interpreted is crucial in bridging the investment gap in the EU and implementing growth-enhancing structural reformscreates additional loopholes in the current fiscal rules, indicating a willingness to afford enhanced leniency to Member States on an ex-ante basis, before structural reforms are properly implemented;
Amendment 342 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Supports all the incentives to finance the new European Fund for Strategic Investments (EFSI), mainly by making national contributions to the fund fiscally neutral as regards the SGP; calls for further clarification regarding the concrete treatment of these contributions in accordance with the new paradigm set out in the communicationUrges extreme caution on creating incentives for Member States to finance the new European Fund for Strategic Investments, as such incentives may lead to political interference in the allocation of EFSI funds and create loopholes for Member States to circumvent compliance with fiscal rules;
Amendment 371 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. BelieveRegrets that the communication rightly broadens the scope of the investment clause, allowing for flexibility in the preventive arm of the SGP to accommodate investment programmes by the Member States, in particular as regards expenditure on projects under structural and cohesion polind allows countries to obtain additional leniency, including the Youth Employment Initiative, trans- European networks and the Connecting Europe Facility, and co-financing under the EFSI; believes that this approach must be urgently reassessed to be symmetrically applied to the corrective arm of the SGP the application of the fiscal rules in return for merely presenting reform plans;
Amendment 388 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Believes that the structural reform clause under the preventive arm and the means of considering structural reform plans under the corrective arm constitute a step forward as regards ensuring the more efficient implementation of reforms by Member States; calls for further clarification as to the types of structural reforms eligible under this new scheme; believes that a direct link to the cost, timeframe impact and value of structural reforms should also be explicit in the corrective arm of the SGPn undermining of the fiscal rules as it allows Member States to obtain lenient treatment under the fiscal rules in return for merely presenting reform plans; calls for further clarification as to the types of structural reforms eligible under this new scheme;
Amendment 397 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Believes that structural reforms should have a positive socioeconomic return and contribute to increased administrative capacity;
Amendment 417 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Deplores, however,Notes the fact that the communication does not touch upon the nature of ‘'unusual events’' falling outside the control of a Member State which could allow it to temporarily depart from the adjustment path towards achieving its MTO;
Amendment 419 #
Motion for a resolution
Paragraph 13 a (new)
Paragraph 13 a (new)
13a. Calls on the Commission and Council to apply and act in the spirit of the changes made to the SGP under the 6 and 2 pack, in particular the greater weight assigned to the debt rule and the enhanced automaticity of sanctions created by the introduction of reversed qualified majority voting in the Council decision-making process on sanctions;
Amendment 420 #
Motion for a resolution
Paragraph 13 b (new)
Paragraph 13 b (new)
13b. Calls on the Commission to make the receipt of EFSI funds by a Member State conditional upon that Member State's fiscal reform record, in particular considering the compliance record with the fiscal rules laid down in the SGP and the record on the progress made in the implementation of structural as assessed by the Commission;
Amendment 424 #
Motion for a resolution
Subheading 3
Subheading 3
Closer coordination and economic convergence: possible improvement of the SGP within the review of the 6 + 2 pack
Amendment 426 #
Motion for a resolution
Paragraph 14
Paragraph 14
Amendment 448 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Invites the Commission and the Council to better articulate the fiscal and macroeconomic frameworks, notably in the corrective arm of the SGP, to allow for earlier debate among stakeholders, taking into account the need to increase convergence between euro area Member States and the role of national parliamenttake further steps to ensure Member States under the corrective arm of the SGP meet their obligations aund social partners regarding the design and implementation of structural reformer the existing fiscal rules;
Amendment 465 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Insists that the Annual Growth Survey (AGS) and euro area recommendation must be better designed and put to better use to allow for a global economic debate, notably as regards convergence in the euro area; proposes that the country- specific recommendations (CSRs) should be established on the basis of striking a better balance between the AGS and the macroeconomic imbalance procedure (MIP), and suggests that the euro area recommendation should be made compulsory following a proper debate with the European Parliament, with incentives being offered so as to encourage the implementation thereofplay a key role in the decision on allocation of EFSI funds; requests that the excessive deficit procedure (EDP) recommendation be joined together with the CSRs;
Amendment 486 #
Motion for a resolution
Paragraph 17
Paragraph 17
17. Asks the Commission to verify whetherapply the current 1/20 rule on debt reduction is sustainable and whether it needs to be reconsideredto ensure that debt ratios are reduced to sustainable levels in line with the SGP;
Amendment 506 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Asks the Commission to make the three-pillar strategy (investment, fiscal rules and structural reforms), presented in the AGS 2015, more concrete under the euro area recommendation and in the CSRs and to strengthen its approach by building a fourth pillar on taxationenhancing the linkage between the three pillars, most importantly by making the receipt of EFSI funds conditional on compliance with fiscal rules and the implementation of structural reforms;
Amendment 528 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Believes that national fiscal councils could play a useful role at EU level; requests the set-up of a European network allowing for an independent analysis of the economic perspective to be established as a basis for a proper political discussion among stakeholders;
Amendment 543 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Believes that the MIP must be used in a more balanced manner between deficit and surplus countries, also to address countries with significant room for actionefficient manner, particularly with regard to strengthening competitiveness;
Amendment 559 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. Calls on the Commission to explore ways in which to better align the preventive and corrective arms of the SGP, in particular regarding investment allowing temporby placing emphasis on early deviatection from the MTO, or the adjustment path towards it, within the existence of a safety margin under the preventive armand adjustment of potential excessive deficits;
Amendment 564 #
Motion for a resolution
Paragraph 22
Paragraph 22
Amendment 575 #
Motion for a resolution
Paragraph 23
Paragraph 23
Amendment 582 #
Motion for a resolution
Paragraph 24
Paragraph 24
24. Insists that the focus on structural deficits since the 2005 reform of the SGP, together with the introduction of an expenditure rule with the 2011 reform, creates margins for the discretionary implementation of the SGP, as the calculation of potential growth, underpinning the assessment of structural deficits, and that of the expenditure rule arehave been subject to several questionable assumptions and substantial revisions between the Commission’'s autumn and spring forecasts, thereby leading to various calculations and diverging assessments as regards the implementation of the SGP;
Amendment 597 #
Motion for a resolution
Paragraph 25
Paragraph 25
25. Calls on the Commission, when evaluating the fiscal position of Members States, to include a better balance between the impact of the agreed fiscal measures and the fiscal figures based on estimated potential growth for GDP, output gaps and strube mindful of potential discrepancies between the agreed fiscal effort and the actural deficits that may introduce unexpected radical change at a later stagefiscal impact achieved;
Amendment 607 #
Motion for a resolution
Paragraph 26
Paragraph 26
26. Believes there is a strong need for less complexity, better ownership, more transparency and democracy in economic governance; believes that looking forward towards deeper integration cannot be achieved by adding a new layer of rules to the already existing ones;
Amendment 626 #
Motion for a resolution
Paragraph 27
Paragraph 27
27. Acknowledges, based on the current situation, that the economic governance framework must be corrected and completed in both the medium and long term to allow for the EU and the euro area to meet the challenges of convergence, long-lasting investment and relicompetitiveness and sound public finances;
Amendment 634 #
Motion for a resolution
Paragraph 28
Paragraph 28
Amendment 639 #
Motion for a resolution
Paragraph 29
Paragraph 29
Amendment 647 #
Motion for a resolution
Paragraph 30
Paragraph 30
30. Recalls the European Parliament’s request that the creation of the European Stability Mechanism (ESM) outside of the structure of the institutions of the Union represents a setback to the political integration of the Union and, therefore, demands thatat the European Stability Mechanism is based on contributions from Member States and that therefore the ESM should be fully integrated into the community framework and made formally accountable to Parliamentaccountable to the Member States via the Council;
Amendment 655 #
Motion for a resolution
Paragraph 31
Paragraph 31
Amendment 679 #
Motion for a resolution
Paragraph 33
Paragraph 33
Amendment 694 #
Motion for a resolution
Paragraph 34
Paragraph 34
Amendment 715 #
Motion for a resolution
Paragraph 35
Paragraph 35
35. Recalls that the banking union was the result of the political will to avoid a financial crisis and that the same will is needed as regards a fiscal union in order to avoid a political crisipolitical will and commitment is needed from Member States to implement lasting economic reforms and achieve sound public finances;
Amendment 723 #
Motion for a resolution
Paragraph 36
Paragraph 36
36. Asks the Commission to come forward with an ambitious roadmap which takes into account the need for economic governance reforms, as outlined in this report, and which should be presented to Parliament by the end of May 2015, ahead of the June European Councilto strengthen the competitiveness of Member States' economies, including a clear link between the implementation of CSRs and the receipt of EFSI funds;
Amendment 739 #
Motion for a resolution
Paragraph 37
Paragraph 37
Amendment 807 #
Motion for a resolution
Paragraph 38
Paragraph 38