Activities of Notis MARIAS related to 2017/2124(INI)
Plenary speeches (2)
European Central Bank Annual Report for 2016 (A8-0383/2017 - Jonás Fernández) EL
European Central Bank Annual Report for 2016 (debate) EL
Amendments (20)
Amendment 76 #
Motion for a resolution
Paragraph 2
Paragraph 2
Amendment 201 #
Motion for a resolution
Paragraph 12
Paragraph 12
Amendment 259 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Points out that while unemployment has decreased, aggregate demand in the euro area remains subdued, largely as a result of the rise in poor quality, temporary, low-paid jobs; calls on the ECB to evaluate how this phenomenon is slowing the recovery and explore ways to stimulate demand in spite of wage stagnation;
Amendment 266 #
Motion for a resolution
Paragraph 15 a (new)
Paragraph 15 a (new)
15 a. Points out that austerity policies in some Member States have contributed to stagnation and recession, with unfavourable consequences for public accounts, unemployment levels and social cohesion in the euro area Member States,
Amendment 467 #
Motion for a resolution
Paragraph 33
Paragraph 33
33. Urges the ECB and national central banks to support Greece, for example through ensuring the eligibility of Greek companies for the CSPP and, the inclusion of Greek sovereign bonds in the APP and the extension of the CBPP3 programme to Greek legal entities governed by public and private law;
Amendment 475 #
Motion for a resolution
Paragraph 33 a (new)
Paragraph 33 a (new)
33a. Calls on the ECB to return to Greece the 2014 profits on the purchase of Greek Government (ANFA and SNP) bonds;
Amendment 477 #
Motion for a resolution
Paragraph 33 b (new)
Paragraph 33 b (new)
33b. Calls on the ECB and the Bank of Greece, as part of the quantitative easing programme, to purchase and redeem in full by the end of 2017 all bonds held by individual Greek small investors maturing between 2023 and 2042 that were issued under the Private Sector Involvement (PSI) initiative in 2012;
Amendment 530 #
Motion for a resolution
Paragraph 37
Paragraph 37
37. Is deeply concerned by the lack of sufficient clarity and transparency surrounding the provision of ELA;
Amendment 546 #
Motion for a resolution
Paragraph 38
Paragraph 38
38. AsksUrges the ECB to make it a rule to publish its decisions, recommendations and opinions, thereby drastically reducing the number of exemptions from disclosure;
Amendment 551 #
Motion for a resolution
Paragraph 38 a (new)
Paragraph 38 a (new)
38a. Points out that, as observed in the judgment of the Court of Justice of 16 June 2015 in Case C-62/14, ECB purchases of government bonds on secondary markets expose it to a significant risk of losses and the possibility of debt cancellation;
Amendment 553 #
Motion for a resolution
Paragraph 38 b (new)
Paragraph 38 b (new)
38b. Calls on the euro area Member States that are subject to a macroeconomic adjustment programme to comply with Article 7(9) of Regulation No 472/2013 of the European Parliament and of the Council of 21 May 2013 and carry out a comprehensive audit of their public finances in order, inter alia, to assess the reasons that led to the building up of excessive levels of debt as well as to track any possible irregularity;
Amendment 558 #
Motion for a resolution
Paragraph 38 c (new)
Paragraph 38 c (new)
38c. Recalls that Article 127 TFEU stipulates that, without prejudice to the overriding objective of price stability, the ECB shall support the general economic policies in the Union and that this is set out in further detail in Article 282 TFEU;
Amendment 560 #
Motion for a resolution
Paragraph 38 d (new)
Paragraph 38 d (new)
38d. Draws attention to Article 123 TFEU, Article 21 of the Statute of the European System of Central Banks and Article 7 of Council Regulation (EC) No 3603/1993 of 13 December 1993;
Amendment 562 #
Motion for a resolution
Paragraph 38 e (new)
Paragraph 38 e (new)
38e. Recalls that monetary dialogue is important for ensuring transparency in monetary policy vis-à-vis both the Council and the general public;
Amendment 563 #
Motion for a resolution
Paragraph 38 f (new)
Paragraph 38 f (new)
38f. Stresses that the ECB's supervisory and monetary policy roles should not be confused and should not generate any conflict of interest in its execution of its principal functions;
Amendment 564 #
Motion for a resolution
Paragraph 38 g (new)
Paragraph 38 g (new)
38g. Deplores the fact that the ECB has exceeded even the widest interpretation of its mandate as defined in the Treaty, including its role in the Troika and the Quartet;calls on the ECB to step back and strengthen its independence from political decisions in line with the judgment of the European Court of Justice in Case C- 62/14 of 16 June 2015, in particular paragraph 102 thereof, and with the opinion of Advocate General P.Cruz Villalon regarding the case, in particular paragraphs 227 and 263 thereof;
Amendment 565 #
Motion for a resolution
Paragraph 38 h (new)
Paragraph 38 h (new)
38h. Underlines the need to ensure democratic accountability with regard to the new responsibilities assigned to the ECB in relation to its supervisory tasks and its involvement in Troika and Quartet programmes, while stressing the the importance of the ECB retaining its independence in the field of monetary policy and the need to avoid any conflict of interests in the performance of its duties;
Amendment 566 #
Motion for a resolution
Paragraph 38 i (new)
Paragraph 38 i (new)
38i. Recalls the European Parliament's report of 28 February 2014 on the enquiry on the role and operations of the Troika, which calls on the next Parliament to pursue the work of this report and to develop further its key findings and to investigate further;
Amendment 567 #
Motion for a resolution
Paragraph 38 j (new)
Paragraph 38 j (new)
38j. Calls for an in-depth assessment of the functioning of the Troika and the involvement of the ECB in the Troika and the Quartet in order to clarify and redefine the terms of reference and enhance democratic accountability in the adoption and implementation of rescue programmes;calls on the Council to reconsider the issue of ECB and IMF participation in the Troika;
Amendment 568 #
Motion for a resolution
Paragraph 38 k (new)
Paragraph 38 k (new)
38k. Recalls Parliament's resolution on the ECB's annual report for 2013 and, in particular, paragraph 9 thereof;