[ParlTrack]

Motion for a resolution
Paragraph 2

2. Welcomes the active and flexible monetary policy of the ECB ~~since August 2008~~;

2009/12/09
Committee: ECON

Motion for a resolution
Paragraph 11

11. Shares the Commission’s concern about the significant imbalances concerning ~~unit labour costs, growing unequal distribution of income and wealth~~the development of unit labour costs, current accounts, and interest rate spreads in the EU and in the euro area;

2009/12/09
Committee: ECON

Werner LANGEN

Motion for a resolution
Paragraph 14

14. Stresses that the financial and economic policy of some deficit as well as surplus countries has contributed to the increase of these imbalances;

2009/12/09
Committee: ECON

Werner LANGEN

Motion for a resolution
Paragraph 15

15. Calls upon countries with current account surpluses to stimulate employment and internal demand inter alia by ending wage moderation, introducing minimum wages and making additional sustainable investments while taking into account the rules of the SGP;deleted

2009/12/09
Committee: ECON

Werner LANGEN

Motion for a resolution
Paragraph 16

~~16. Calls upon countries with current account deficits to curb excessive consumption and increase sustainable investment;~~deleted

2009/12/09
Committee: ECON

Werner LANGEN

Motion for a resolution
Paragraph 18

18. Welcomes the ~~use of EIB funds as well as the~~ common but different contributions of Member States to anti- cyclical public spending during the crisis, which have been used to partly compensate the limited size of the European budget;

2009/12/09
Committee: ECON

Werner LANGEN

Motion for a resolution
Paragraph 20

20. Su~~ggests~~pports the Commission in using the excessive deficit procedure of the SGP to ensure that Member States avoid excessive deficits and current account surpluses;

2009/12/09
Committee: ECON

Werner LANGEN

Motion for a resolution
Paragraph 22

22. Expresses its deep concern over the unsustainable level of public debt and its predicted rapid increase in 2010 and 2011 ~~which forms an even larger burden, bearing in mind that future generations will inherit the growing ecological and private financial debt~~;

2009/12/09
Committee: ECON

Werner LANGEN

Motion for a resolution
Paragraph 24

~~24. Considers it necessary to review the rules of the SGP, which were not designed for the purposes of the expected post- crisis levels of accumulated debt in many Member States;~~deleted

2009/12/09
Committee: ECON

Werner LANGEN

Motion for a resolution
Paragraph 27

27. Stresses the fact that some shortcomings of the construction of the EMU and to some extent the economic policy of partner states make it difficult for Member States to bring their financial house in order;deleted

2009/12/09
Committee: ECON

Werner LANGEN

Motion for a resolution
Paragraph 28

28. Calls on the Commission to propose a set of measures to help Member States to bring public accounts back to balance and to finance public investment through: (a) eurobonds in order to lower the cost of interest for servicing public debt considering that interest rate spreads between Member States have not fallen below pre-crisis levels; (b) moving from tax competition between Member States to tax cooperation including a timetable for the introduction of a common consolidated tax base for corporate profits, a mechanism to ensure a minimum coordination of corporate tax rates and a coordinated introduction of environmental taxes; (c) introducing country-by-country reporting on corporate income and taxes paid thereon;deleted

2009/12/09
Committee: ECON

Werner LANGEN

Motion for a resolution
Paragraph 30

30. Calls on the Commission to make a ~~proposal~~concrete proposal as soon as possible as to how the financial sector should contribute to the cost of the crisis;

2009/12/09
Committee: ECON

12 Amendments of Werner LANGEN related to 2009/2203(INI)

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