12 Amendments of Markus FERBER related to 2018/2119(INI)
Amendment 122 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Is deeply concerned that some Member States with budget deficits and high levels of public debt have missed the opportunity presented by favourable macroeconomic conditions to build fiscal buffers, while, in contrast, some Member States with fiscal space have consolidated further, thereby contributing to the euro area’s current account surplus of around 3.2 %, the highest in the world to protect against external or domestic shocks;
Amendment 126 #
Motion for a resolution
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. points out that macroeconomic stability and sound public finances remain a precondition for sustainable growth;
Amendment 141 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Regrets that Italy has not submitted a’s revised draft budgetary plan for 2019 to the Commission; supports the Commission’s consideration of a debt- based excessive deficit procedure against Italy, given the country’s failure to comply with the debt criterionlacks ambition when it comes to the reduction of the deficit;
Amendment 143 #
Motion for a resolution
Paragraph 8 a (new)
Paragraph 8 a (new)
8a. Regrets that France has announced to increase its deficit beyond the 3% threshold in 2019 despite a favourable economic backdrop;
Amendment 158 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Welcomes the European Fiscal Board’s proposal for a radical simplification of the budgetary rules to overcome the weaknesses of the current EU fiscal framework; stresses that flexibility, as sufficiently built into the SGP rules, should strike a good balance between the objective of ensuring prudent fiscal policy and allowing for productive investments; points out that a stricter enforcement of the budgetary rules is necessary to increase their credibility;
Amendment 197 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Underlines that digitalisation, globalisation and technological change are radically transforming our labour markets and that labour markets need to be flexible in order to adapt to those changes;
Amendment 205 #
Motion for a resolution
Paragraph 16 a (new)
Paragraph 16 a (new)
16a. is concerned about the still too high levels of youth unemployment in many Member States; points out that education systems need to be designed to teach skills that are relevant for the economy; considers that dual education systems combining hands-on work experience and vocational education at a vocational school are particularly effective in providing young people with relevant skills to succeed in the labour market;
Amendment 218 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Calls for taxation reforms with a view to improving tax collection and to reducing barriers to cross-border economic activity; highlights the need for better coordination of administrative practices in the field of taxation;
Amendment 232 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Recalls the importance of a resilient banking sector that safeguards financial stability; welcomes calls for the step-by- step completion of the banking union, with a credible European deposit insurance schemehigh standards ensuring deposit protection and a package to reduce non- performing loans;
Amendment 236 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Highlights that a transition to a new risk weight regime for banks’ sovereign exposures will help to weaken the ‘doom loop’ between banks and sovereigns; encourages the European Commission to make a legislative proposal introducing such risk weights;
Amendment 298 #
Motion for a resolution
Paragraph 25
Paragraph 25
25. Highlights the urgent need for a fully-fledged capital markets union, as better integrated financial markets could provide for private risk-sharing and risk- reduction mechanisms as well as easier access to finance for the real economy;
Amendment 306 #
Motion for a resolution
Paragraph 26
Paragraph 26
26. Recalls that the degree of implementation of the country-specific recommendations is too low; believes that the focus of the European Semester should be on national ownership; urges national and regional parliaments to debate country reports and country-specific recommendations; points out that a more streamlined and more focussed European Semester could increase ownership;