7 Amendments of Johan VAN OVERTVELDT related to 2024/2054(INI)
Amendment 98 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Recalls that the Economic and Monetary Union requires solid fiscal policies in the Member States in order to be able to respond to external shocks; Points out that not only through fiscal measures, but also with growth- enhancing reforms, Member States can enhance their resilience to external shocks;
Amendment 181 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Regrets the establishment of the transmission protection instrument (TPI) in July 2022; calls on the ECB to respect not just the legal prohibition of monetary financing but also its economic meaning; stresses in this regard that selectively purchasing government debt amounts to monetarily financing an EU Member State; Warns that, if activated, TPI would raise significant questions about policy conditionality that could excite financial instability rather than tame it;
Amendment 247 #
Motion for a resolution
Paragraph 24 a (new)
Paragraph 24 a (new)
24 a. Underlines that the ECB's secondary mandate of supporting economic policies in Member States should only be applicable under the strict condition of having achieved its primary mandate of price stability.
Amendment 269 #
Motion for a resolution
Paragraph 27
Paragraph 27
27. Insists that the ECB respect the market neutrality principle in all of its monetary operations; regrets that the ECB’s actions to decarbonise its corporate bond holdings have not followed a market neutral approach by its very definition; Such actions should in no way jeapardise the primary objective of the ECB;
Amendment 281 #
Motion for a resolution
Paragraph 28
Paragraph 28
28. Calls on the ECB to use all its available tools to ensure that banks take climate risk seriously in order to mitigate the financial risks resulting from climate change, without compromising its primary objective;
Amendment 301 #
Motion for a resolution
Paragraph 32
Paragraph 32
32. WelcomeConsiders theat finalisation of the Basel III framework, as it will strengthen the resincial stability is a prerequisite of effective monetary policy and a resilient financial system; Warns about the risk of non-complieance of the banking sect; Therefore welcomes the finalisation of the Basel III framework;
Amendment 312 #
Motion for a resolution
Paragraph 33 a (new)
Paragraph 33 a (new)
33 a. Invites the ECB to continue and strengthen its dialogues with national parliaments; believes that this would strengthen the legitimacy and policies of the ECB: