5 Amendments of Cora van NIEUWENHUIZEN related to 2016/2063(INI)
Amendment 11 #
Motion for a resolution
Recital B
Recital B
B. whereas, according to the same forecast, unemployment in the euro area is expected to record a slow decrease, from 10.9 % at the end of 2015 to 9.9 % at the end of 2017; whereas disparities between the unemployment rates of the Member States continued to widen in 2015, with figures ranging from 4.6 % in Germany to 24.9 % in Greece;
Amendment 33 #
Motion for a resolution
Recital F
Recital F
F. whereas the inflation target is getting harder to reach owing to consolidation of demographic trends and the full impact of trade globalisation on a high-unemployment European society;
Amendment 71 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Stresses that the euro area continues to suffer from a high level of unemployment and excessive low inflation and that, in addition, the euro area is facing a very low level of productivity growth, which is the result of the lack of investment since the beginning of the crisis; notes that the high level of public debt and particularly the huge number of non- performing loans in the banking sector in some Member States are still fragmenting the euro area financial market, thus reducing room for manoeuvre to support the most fragile economies;
Amendment 156 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Underlines that a prolonged period of ultra-low (negative) interest rate policy creates potential risks for financial stability and ultimately the whole economy and emphasises the need for proper, prudent and timely management of the winding down; warns that a decline in the profitability of banks will dampen their willingness to develop lending activity; points particularly to the effect of such an interest rate policy on local and regional banks and savings banks with little funding from financial markets, and to risks in the insurance sector;
Amendment 163 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Understands the reason why negative rates have been implemented, but remainphasizes concerneds about the potential consequences of negative interest rate policy for individual savers and the financial equilibrium of pension schemes; believes that owing to demographic trends and cultural preferences for saving, these negative effects on income may lead to an increase in the household saving rate, which could be detrimental to domestic demand in the euro area;