4 Amendments of Thomas MANN related to 2018/2101(INI)
Amendment 68 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Notes that the EU economy grew at its fastest rate in 10 years in 2017 and that all Member States saw their economies expand; welcomes the role of the ECB and the structural reforms undertaken in some Member States as part of the ongoing recovery; stresses that the ECB’s monetary policy cannot be a substitute for sustainable structural reforms and sound budgetary policies;
Amendment 87 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Emphasises the great importance, at this juncture, of maintaining a favourable environment for public and private investment, which is still lagging behind pre-crisis levels; encourages the ECB to take the necessary measures, in line with its mandate, to help realise this objective; stresses that the primary objective of the ECB is to maintain price stability;
Amendment 122 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Stresses that the ECB’s non- standard monetary policy measures have proven successful in forestalling the risks of deflation that were still present at the beginning of 2016 and in initiating a recovery in credit to the private sector, whose annual growth was around 3 % in mid-2018 compared to 0 % in 2015; draws attention to the potential long-term risks of a very expansionary monetary policy;
Amendment 165 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Is concerned by the impact of the negative deposit facility rate imposed on banks since June 2014; considers that this measure, were it still to be pursued, may affect the profitability of the banking sector and should be phased out in the course of normalising monetary policy in line with the current recovery; stresses the risks of a continuing low interest rate policy for pension systems, life insurance and savings;