29 Amendments of Jonás FERNÁNDEZ related to 2017/2114(INI)
Amendment 3 #
Motion for a resolution
Citation 1 a (new)
Citation 1 a (new)
- having regard to the Commission communication (2016)0727 of 16 November 2016,
Amendment 6 #
Motion for a resolution
Citation 1 b (new)
Citation 1 b (new)
Amendment 7 #
Motion for a resolution
Citation 1 c (new)
Citation 1 c (new)
- having regard to Commission Recommendation 2010/191/EU of 22 March 2010 on the legal tender of the euro,
Amendment 8 #
Motion for a resolution
Citation 1 d (new)
Citation 1 d (new)
- having regard to Article 128(1) of the Treaty on the Functioning of the European Union,
Amendment 38 #
Motion for a resolution
Recital C
Recital C
C. whereas the EU’s excessively low productivity and global competitiveness calls for socially balanced structural reforms, continuedstable and growth-friendly fiscal effortspolicy and investment in Member States in order to bring about sustained growth and employment and achieve upward convergence with other global economies and within the EU;
Amendment 47 #
Motion for a resolution
Recital C a (new)
Recital C a (new)
C a. recalls that the euro is the currency of the European Union;
Amendment 50 #
Motion for a resolution
Recital C b (new)
Recital C b (new)
C b. reminds that all Member States without a derogation shall adopt the euro upon meeting the economic and legal criteria;
Amendment 53 #
Motion for a resolution
Recital C c (new)
Recital C c (new)
C c. considers that All Member States without a derogation shall actively implement all necessary policy measures in order to meet the economic and legal criteria for the adoption of the single currency;
Amendment 55 #
Motion for a resolution
Recital C d (new)
Recital C d (new)
C d. considers that after the 2019 elections to the European Parliament, all MEPs elected in Member States that have not yet adopted the euro shall voluntarily refrain from participating in votes regarding Eurozone affairs;
Amendment 57 #
C e. welcomes the policies adopted by the European Central Bank in support of the single currency and economic recovery since August 2012;
Amendment 58 #
Motion for a resolution
Recital C f (new)
Recital C f (new)
C f. considers that the main goal of the economic policy of the Eurozone is achieving full employment as a guarantee of decent living standards while reducing divergences among Member States;
Amendment 66 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Welcomes the good performance of the European economy, supported by moderate GDP growth and decreasing, yet still high, unemployment rates; notes that the modest recovery remains fragile and that the developmentolution of GDP per capita is close to stagnation;
Amendment 86 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Notes that Europe harbours untapped economic potential as growth and employment are advancing unevenly; underlines that this is the result of the heterogeneous performance of the Member States’ economies; emphasises that the implementation of socially balanced structural reforms in the Member States could facilitate at least 1 % higher growth;
Amendment 118 #
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5 a. Reminds all Eurozone Member States that the euro coins and banknotes issued by the Eurosystem is the only legal tender and thus it must not be rejected in economic transactions excepting when a high denomination banknote is provided against a minor payment;
Amendment 120 #
Motion for a resolution
Subheading 1
Subheading 1
Socially-balanced structural policies
Amendment 132 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Considers that the uneven growth and employment situation in the euro area requires better coordination of socially balanced structural reforms, in particular through improved implementation of the country-specific recommendations (CSR);
Amendment 166 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Takes the view that reforms to improve the business climate are needed to boost productivity and employment in the euro area; underlines in this context the importance of supply-side reforms in combination with fiscal and monetary stimulus;
Amendment 179 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Shares the Commission’s view on the need for changes in labour market legislation that provide flexibility and security for both employees and employerto improve the functioning of labour markets, thereby increasing employment and ensuring sustainable growth;
Amendment 189 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Stresses the importance of linking wage developments in line with productivityolution according to productivity and cost-of living, within the context of collective bargaining;
Amendment 199 #
Motion for a resolution
Paragraph 11
Paragraph 11
Amendment 270 #
Motion for a resolution
Subheading 3
Subheading 3
Fiscal responsibipolitcy
Amendment 279 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Considers that prudentstable and predictable fiscal policies play a fundamental role for the stability of the euro area and the Union as a whole; underlines that strong coordination of fiscal policies and compliance with the Union rules in this area are a legal requirement and key to the proper functioning of Economic and Monetary Union (EMU);
Amendment 295 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Welcomes the fact that government deficits in the euro area are projected to decline; is concernednotes, however, that this process is slowing down and agrees that government debt remains too high in some Member States;
Amendment 308 #
Motion for a resolution
Paragraph 17
Paragraph 17
17. Warns that low interest rate payments, accommodative monetary policies, one-off measures and other factors alleviating the current debt burden are only temporary and that soundeffective fiscal policies must be self-sustaining and take into account future liabilities;
Amendment 342 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Emphasises, however, that the aggregate view ignoresshould be complemented by taking into account the heterogeneous situation across Member States and the need to differentiate the fiscal efforts requiredmeasures that are adequate by each Member State;
Amendment 364 #
Motion for a resolution
Paragraph 21 a (new)
Paragraph 21 a (new)
21 a. Invites the Commission to draft a proposal regarding the fiscal capacity of the Eurozone;
Amendment 365 #
Motion for a resolution
Paragraph 21 b (new)
Paragraph 21 b (new)
21 b. Agrees with the Commision´s Communication (2016)0727 of 16 November 2016 that states that 'In light of the slow recovery and risks in the macroeconomic environment, there is a case for a moderately expansionary fiscal stance for the euro area at this point in time.Based on estimates from the Commission services, a fiscal expansion of up to 0.5% of GDP at the level of the euro area as a whole is considered desirable for 2017 in the present circumstances'.This fiscal expansion is roughly equivalent to EUR 50 billion;
Amendment 377 #
Motion for a resolution
Paragraph 23
Paragraph 23
23. Notes that 12 Member States are experiencing macroeconomic imbalances of varying nature and severity, and that excessive current account deficits are just the reversal of excessive current account surpluses, while excessive imbalances exist in six Member States;
Amendment 396 #
Motion for a resolution
Paragraph 25
Paragraph 25
25. Considers it of great importance therefore that all Member States take the necessary policy action to address imbalances, in particular high levels of indebtedness, and commit to but also excessive current account surpluses, and commit to socially balanced structural reforms ensuring the economic sustainability of each individual Member State, thereby ensuring the overall competitiveness and resilience of the European economy;