12 Amendments of Eva KAILI related to 2016/2101(INI)
Amendment 17 #
Motion for a resolution
Recital B a (new)
Recital B a (new)
Ba. whereas the debt exposure that firms and households created in the previous economic cycle impairs their capacity to invest in new endeavours; whereas the process of deleveraging is very slow and creates further macroeconomic frictions in the investment incentives of firms and households;
Amendment 21 #
Motion for a resolution
Recital C
Recital C
C. whereas unemployment in the EU remains one of the main challenges that Member States are facing as it currently stands at a very high rate (10.5 million long-term unemployed in the EU), even if the numbers have improved slightly compared with previous years; whereas youth unemployment is significantly and persistently higher than the overall unemployment rate in the EU;
Amendment 47 #
Motion for a resolution
Recital Ea (new)
Recital Ea (new)
Ea. whereas the immigration crisis in particular created extra costs and budgetary pressures for the Member States and the EU as a whole, reducing thus their necessary fiscal space and making for many of them very difficult to attain their macroeconomic targets;
Amendment 86 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Welcomes the Commission’s focus in its 2016 country-specific recommendations (CSRs) on the three main priorities to further strengthen economic growth: supporting investment, pursuing structural reforms and preserving responsible public finances; notes, however that macroeconomic targets should be accompanied by social and quality of life targets for the people residing in the EU;
Amendment 108 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Fully supports the efforts made to ensure greater national ownership in the formulation and implementation of CSRs as an ongoing reform process; stresses that the best way for the implementation of the CSR by the governments of the EU is their citizens to feel that they possess equity on the suggested reforms; these reforms should be progressive, socially sensitive and able to liberate the productive market forces;
Amendment 144 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Underlines that the still-too-high unemployment rates show that the capacity to create jobs in most Member States is still limited; emphasises that further action is needed, in consultation with social partners and in accordance with national practices, to make labour markets more inclusive overall; stresses that the youth unemployment should not be left unaddressed considering that its effects are negative for the young people in the long-run and affects the period of their professional maturity;
Amendment 164 #
Motion for a resolution
Paragraph 8a (new)
Paragraph 8a (new)
8a. Underscores that a steadily increased number of European citizens are fallen in poverty traps undermining thus the preservation and development of the human and social capital in the EU;
Amendment 193 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Notes that further measures are needed to reduce non-performing loans (NPL) in the euro area and to increase the ability of banks to lend to the real economy, notably to SMEs, while having regard to their social and macroeconomic impact as well as to financial consumer protection; underlines that the conclusion of a functioning securitization regulation will help banks to gain access to the liquidity necessary for addressing the financial needs of the real sector;
Amendment 213 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Underlines the fact that investment has so far lagged and failed to lead to sustainable and inclusive growth in the EU and that under the current circumstances, monetary policy alone is unlikely to bring about recovery, even though the rules made necessary by banking union have imposed more stringent financial criteria on banks; considers that a coordinated fiscal expansion is also needed in the EU, therefore, in line with the rules of the Stability and Growth Pact and its flexibility clauses, in order to place emphasis on public and private investment; in particular, it stresses the importance of ensuring greater additionality and risk taking of the EFSI, especially for the countries most affected by the economic crisis. In this respect, it underlines the need of excluding national co-financing to ESIF-EFSI projects from the calculation of general government deficits and clarifying and making more consistent the classification of PPPs;
Amendment 304 #
Motion for a resolution
Paragraph 16a (new)
Paragraph 16a (new)
16a. Highlights that a critical step toward the conclusion of the Fiscal Union in the EU is the gradual harmonization of the tax systems of the Member States considering also that taxation is not only a method of income redistribution but also an instrument for correction of market inefficiencies and distortions of intra-market competition;
Amendment 315 #
Motion for a resolution
Paragraph 17 a (new)
Paragraph 17 a (new)
17a. Welcomes the continuation of the consultations regarding the improvement of European economic governance and the enchasing of the EU's budgetary capacity, as they are vital elements for the achievement of the Economic Union and the strengthening of the EU's capacity to manage and absorb internal, external symmetric and asymmetric macroeconomic shocks;
Amendment 323 #
Motion for a resolution
Paragraph 17b (new)
Paragraph 17b (new)
17b. Stresses that private risk-sharing , e.g. through the capital and financial markets, alleviates the burden to governments to provide insurance and furthermore has, in fiscal terms, a smoothing potential; regrets, therefore, that private risk-sharing in the EMU is still relatively limited due also to the outstanding completion of the Banking Union and the Capital Markets Union, in particular the absence of a third pillar, through a privately funded European Deposit Insurance Scheme;