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24 Amendments of Barbara KAPPEL related to 2018/2033(INI)

Amendment 4 #
Motion for a resolution
Citation 21 a (new)
– having regard to the European Commission's convergence reports;
2018/07/16
Committee: ECON
Amendment 17 #
Motion for a resolution
Recital A
A. whereas, according to the Commission’s forecasts, the GDP growth rate for the euro area was 2.4 % in 2017 and will dip slightly to 2.3 % in 2018 and to 2 % in 2019; whereas economic growth is still fragile and is expected to slow down in the face of many systemic challenges such as higher oil pricthe end of the ECB's Asset Purchasing Programme (APP) and the subsequent normalisation of interest rates;
2018/07/16
Committee: ECON
Amendment 30 #
Motion for a resolution
Recital C
C. whereas Europe still faces a huge investment deficitgap between € 270 billion and € 330 billion, even though it has benefitted from exceptionally low interest rates for years and financing conditions remain very favourable;
2018/07/16
Committee: ECON
Amendment 36 #
Motion for a resolution
Recital C a (new)
Ca. whereas structural reforms, such as flexible labour markets, liberalisation of services, increased competition, boosting in innovation and addressing the adaptation of the welfare state to ageing populations, are still below the Commission's targets;
2018/07/16
Committee: ECON
Amendment 62 #
Motion for a resolution
Paragraph 2
2. Reiterates the urgency of carrying on the fight against the inequalitistructural challenges that hamper economic growth;
2018/07/16
Committee: ECON
Amendment 70 #
Motion for a resolution
Paragraph 3
3. Considers that structural reforms, growth-orientated fiscal policies are needed at the European level, alongside an appropriate monetary policynd ambitious reduction of red tape are needed at the European level, in order to strengthen the European economy;
2018/07/16
Committee: ECON
Amendment 75 #
Motion for a resolution
Paragraph 3 – subparagraph 1 (new)
Reiterates that the European Central Bank is an independent body, and that monetary financing of the European economy is prohibited;
2018/07/16
Committee: ECON
Amendment 84 #
Motion for a resolution
Paragraph 4
4. Supports flexibility in the implementation ofTakes note of the flexibility granted by the Stability and Growth Pact as proposed by the Commission in 2015; considers that much more flexibility is required to boost investment and growth in the EU; calls, therefore, for a reform of the Stability and Growth Pact and the introduction of an aggregate euro area fiscal stancereiterates its stance on the full respect for existing flexibility clauses;
2018/07/16
Committee: ECON
Amendment 160 #
Motion for a resolution
Paragraph 10
10. Recalls that the fight against aggressive tax planning strategiestax base erosion, fiscal fraud and tax evasion is essential to ensure the fair treatment of taxpayers, safeguard public finances, preserve social cohesion and fight inequalities;
2018/07/16
Committee: ECON
Amendment 173 #
Motion for a resolution
Paragraph 11
11. Welcomes the Commission recommendation to review the tax systems of a number of Member States which are exploited by multinationals engaged in aggressive tax planning; insists on the need to implement an ambitious pCBCR (public country-by-country reporting) and CCCTB (common consolidated corporate tax base);
2018/07/16
Committee: ECON
Amendment 191 #
Motion for a resolution
Paragraph 13
13. Encourages stronger coordination and harmonisation of taxation with the objective of reducing the differences among Member States over a ten-year period, thus making any possible company relocation unattractive;deleted
2018/07/16
Committee: ECON
Amendment 209 #
Motion for a resolution
Paragraph 14
14. WelcomesTakes note of the Council recommendation and the Commission’s efforts to encourage Members States with large current account surpluses to promote faster wage growth, and strengthen investment and thus foster economic expansion; highlights the fact that real wage growth has, in recent times, lagged behind productivity growth, while improvements have occurred in the labour market; stresses, against this background, that there could be room for wage increases in certain sectors and areas to ensure good standards of living, taking into account the need to tackle inequalities and boost growth;
2018/07/16
Committee: ECON
Amendment 225 #
Motion for a resolution
Paragraph 15
15. Notes with concern the recent rise in oil prices which generally weakens growth and raises inflation; stresses that, rather than relying on seasonal factors for its recovery, the only way to make the European economy an area of prosperity is to encourage public investment and promote domestic demand;deleted
2018/07/16
Committee: ECON
Amendment 237 #
Motion for a resolution
Paragraph 16
16. Recalls that a recent study underlined the determinant role played by businesses seeking to resist wage pressure in existing current account surpluses in some Member States;deleted
2018/07/16
Committee: ECON
Amendment 248 #
Motion for a resolution
Paragraph 18
18. Recalls the need for strongeradequate surveillance of the employment and social situation in Europe and appropriate and constant follow-up at every step of the European Semester in order to boost quality job creation and thus achieve smart, sustainable and inclusive growth;
2018/07/16
Committee: ECON
Amendment 257 #
Motion for a resolution
Paragraph 19
19. Shares the Commission’s concerns regarding developments in the housing market in some Member States; stresses that rising interest rates and housing prices are having an impact on household private debt; underlines that this debt plays a role in the instability of the euro area; calls on the Commission to take initiatives in this area in line with recommendation 19 of the social pillar;
2018/07/16
Committee: ECON
Amendment 263 #
Motion for a resolution
Paragraph 19 a (new)
19a. Regrets that some member states have not made use of unusually low interest rates to structurally reduce their sovereign debt levels;
2018/07/16
Committee: ECON
Amendment 272 #
Motion for a resolution
Paragraph 20
20. Deeply regretsTakes note of the proposed cuts in cohesion policy as set out by the Commission in its MFF proposal; insists on the fact that a decrease in structural funding runs counter to the EU’s objective of strengthening economic, social and territorial cohesion, puts at risk the key importance of the ESIF in stimulating public and private investment, and would send a negative signal to citizens; recalls that the EU cohesion policy has a direct impact on citizens’ lives;
2018/07/16
Committee: ECON
Amendment 280 #
Motion for a resolution
Paragraph 21
21. RegretWelcomes the fact that the Commission makes part of the allocation of European funds conditional on the European Semester and economic governance;
2018/07/16
Committee: ECON
Amendment 283 #
Motion for a resolution
Paragraph 22
22. Stresses the key importance of structural funds for the stimulation of public investment, taking into account their strong multiplier effect;deleted
2018/07/16
Committee: ECON
Amendment 291 #
Motion for a resolution
Paragraph 23
23. Warns that the longer the current savings-oriented policy – primarily focused on making spending cuts – continues without an effective investment plan to generate revenue through growth, social cohesion and solidarity, the clearer it will become that Europe’s economic integration and prosperity is at risk from growing social inequalities;deleted
2018/07/16
Committee: ECON
Amendment 307 #
Motion for a resolution
Paragraph 24
24. Takes note ofWelcomes the proposed InvestEU programme which focuses on four key priorities for the EU (sustainable infrastructure; research, innovation and digitisation; small and medium-sized businesses; and social investment); requsuggests that the focus of the InvestEU programme be placed on efficient resources and decarbonisation projecsustainable investments, and stresses the need to guarantee a more balanced budget allocation among Member States and regions;
2018/07/16
Committee: ECON
Amendment 315 #
Motion for a resolution
Paragraph 25
25. Recalls that the completion of the EMU requires strong political commitment, efficient governance based on the Community method and democratic accountabilitywith full respect for the unanimity rules and democratic accountability, structural reforms, risk reduction, and better use of the available financial resources;
2018/07/16
Committee: ECON
Amendment 321 #
Motion for a resolution
Paragraph 26
26. Underlines the need to strike the right balance between fiscal responsibility and solidarity; is concerned by the lack of ambition in determining the solidarity instruments needed for the sustainability of the EMU;deleted
2018/07/16
Committee: ECON