20 Amendments of Markus FERBER related to 2015/2285(INI)
Amendment 20 #
Motion for a resolution
Recital A
Recital A
A. whereas economic recovery in the European Union is under way but remains uneven between and within Member States and is partly driven as well as hindered by temporary factors;
Amendment 23 #
Motion for a resolution
Recital A a (new)
Recital A a (new)
Aa. whereas some Member States face the persistent problem of very low growth rates;
Amendment 76 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Welcomes improvements in public finances, in particular gradually declining debt/GDP ratios; points out that the still high levels of public debt in the EU result in an insufficient buffer in case of a new shock;
Amendment 126 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Welcomes the renewal of the Europe 2020 Integrated Guidelines, and calls for strengthening the role of the Europe 2020 Strategy in guiding the European Semester while not compromising with regards to the initial objectives of the European Semester, which are avoiding the re- occurrence of a sovereign debt crisis as well as increasing competitiveness, growth and employment;
Amendment 214 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Calls for reforms in the product and services market reforms ands, in the labour market, and the pension systems, as well as for better regulation, promoting innovation and quality-based competition;
Amendment 301 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Insists on implementation of the Stability and Growth Pact, while making use of available fiscal space, inter alia, to deal with security threats and refugee inflowsReminds that the Stability and Growth Pact foresees a maximum level of government debt of 60% of GDP, and stipulates that over the medium term budget deficits must be offset by budget surplus, observes that many Member States are still in breach of these principles; insists on full implementation of the Stability and Growth Pact, while making use of available fiscal space, inter alia, to deal with security threats and refugee inflows; understands that these kind of costs will always be counted as expenditure, but may be considered exceptional factors which can be taken into account when decisions are made within the excessive deficit procedure;
Amendment 304 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Emphasises the need for improved tax collection, fighcombating tax evasion and avoidancefraud and enforce action against aggressive tax planning and improved tax policy coordination;
Amendment 322 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. Supports all efforts towards improving the quality and growth-friendly character of public expenditure, especially by shifting unproductive expenses towards growth enhancing investments;
Amendment 362 #
Motion for a resolution
Paragraph 24
Paragraph 24
24. WelcomesTakes not of the increased attention to the euro area’'s aggregate fiscal stance; calls for warns of losing sight of the individual Member States' situation if too much focus is put on aggregater discussion on whether it numbers; reminds that a fiscal deficit in one Member State cannot be considered broadly neutral given the large investment gapoffset by a fiscal surplus in another as far as the excessive deficit procedure is concerned;
Amendment 383 #
Motion for a resolution
Paragraph 25
Paragraph 25
25. Supports the recommendation to differentiate fiscal effort by individual Member States taking into account their respective positions vis-à-vis Stability and Growth Pact requirements and stabilisation needs, as well as spillover effects; notes that high-surplus countries have significant fiscal space which they could use to the benefit of their populations and ; reminds that countries with a public debt above 60% have very limited fiscal space regardless of their net trade position or the monbudgetary union as a wholeperformance in any single year;
Amendment 387 #
Motion for a resolution
Paragraph 26
Paragraph 26
26. Agrees that while the euro area’'s high current account surplus is a welcome sign of the euro area’'s external competitiveness,; it also implies a lack of internal investment and a risk of euro appreciation when monetary policy starts to become less accommodative, with adverse effects aware that a Member State's current account surplus goes together with positive spill over effects across the value chain which benefit other Member States oin growth and employmentvarious ways;
Amendment 397 #
Motion for a resolution
Paragraph 26 a (new)
Paragraph 26 a (new)
26a. Points out that while a persistent high current account surplus warrants monitoring in light of the macroeconomic imbalance procedure, it does not go together with the same risks as persistent high current account deficits; therefore warns against a symmetrical analysis of a trade deficit and a trade surplus;
Amendment 400 #
Motion for a resolution
Paragraph 26 b (new)
Paragraph 26 b (new)
26b. Reminds that countries with a very negative demographic evolution, such as Germany and Greece, will need to maintain a sufficient current account surplus in order to meet future pension requirements;
Amendment 409 #
Motion for a resolution
Paragraph 27
Paragraph 27
27. Emphasises the need to foster real economic and social convergence driven by improvements in productivity and non- cost factors; urges the social partners to consistently keep wage increases in line with productivity increases in order to avoid building up macro-economic imbalances of the kind which a country can practically only overcome by an internal devaluation; underlines the importance of all Member States having sufficient investment capacity, enabling balanced and sustainable growth; acknowledges that high public and private debt significantly reduce the capacity to invest and thus slows down growth;
Amendment 416 #
Motion for a resolution
Paragraph 28
Paragraph 28
28. Recognises the benefits of symmetrical adjustment, where regaining cost competitiveness does not require undergoing deflation which is detrimental to debt sustainabilityneed for each Member State to carry out the necessary adjustments in their own country, especially in order to avoid the extremely damaging spill-over effects resulting from a sovereign debt crisis; reminds that in an open world economy the effects of adjustments on bilateral trade are minimal; assesses that non-European exporting nations such as China would profit first and most from any increase in imports into one or several Member States;
Amendment 423 #
Motion for a resolution
Paragraph 29
Paragraph 29
29. Calls for measures preventing a race to the bottom in terms of taxation and social standards, building on better use of without jeopardising the international competitiveness; welcomes the inclusion of three social indicators in the macroeconomic surveillancecoreboard; urges these indicators to be given the same status as the existing indicators in order to avoid a two class approach;
Amendment 436 #
Motion for a resolution
Paragraph 30
Paragraph 30
30. BDeplores the poor implementation of country specific recommendations and believes that better implementation of country-specific recommendations requires clearly articulated priorities at European level and genuine public debate at national level, leading to greater relevance and national ownership;
Amendment 447 #
Motion for a resolution
Paragraph 31
Paragraph 31
31. Calls for striking the right balance between making country-specific recommendations focused on key priorities and ensuring that they address all key, where relevant, the challenges from the perspective of Europe 2020 targets, knowing that the European Semester was put into place at the height of the recent crises and was meant as an instrument geared to avoid the re-occurrence of a sovereign debt crisis, as well as for generally increasing competitiveness, growth and employment;
Amendment 461 #
Motion for a resolution
Paragraph 33
Paragraph 33
33. Underlines that the spring European Council should remain the central moment where policy priorities are defined on the basis of input from the Commission, Parliament and the; reminds that the setting of the economic policy following the recommendation by the Council to the Member States is an executive act which needs to be subjected to democratic scrutiny by the European Parliament; reminds that the Treaty requires the European Parliament to be informed after the Council has adopted recommendations and also on the results of the multilateral surveillance; welcomes the invitation extended to the European Parliament to have its President delivering an opening speech at the Spring European Council;
Amendment 472 #
Motion for a resolution
Paragraph 35
Paragraph 35
35. Urges the Commission to launch negotiations on an interinstitutional agreement on economic governance, as suggested in the Five Presidents’' Report; insists that this IIA should ensure that, within the framework of the Treaties, the structure of the European Semester allows for a meaningful and regular parliamentary scrutiny of the process, in particular as regards euro area recommendations; reminds that an IIA cannot confer competencies upon an institution which were not conferred to it by the Treaties;