12 Amendments of Engin EROGLU related to 2024/2054(INI)
Amendment 7 #
Motion for a resolution
Recital A
Recital A
A. whereas, according to the September 2024 Eurosystem staff macroeconomic projections for the euro areaEurostat, harmonised index of consumer prices (HICP) inflation reached a level of 1.7 % in the euro area in September 2024;
Amendment 9 #
Motion for a resolution
Recital B
Recital B
B. whereas, according to the September 2024 Eurosystem staff macroeconomic projections for the euro area, HICP inflation is projected to increase somewhat in the last quarter of 2024, before declining to 2.2 % in 2025 and 1.9 % in 20264 ; _________________ 4 https://www.ecb.europa.eu/press/projection s/html/ecb.projections202409_ecbstaff~9c 88364c57.en.html#toc6.
Amendment 24 #
Motion for a resolution
Recital G
Recital G
G. whereas the principal payments from maturing securities purchased under the asset purchase programme (APP), and from January 2025re no longer reinvested and the principal payments from maturing securities purchased under the pandemic emergency purchase programme (PEPP), are will no longer allbe reinvested from January 2025;
Amendment 54 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Highlights the importance of the ECB’s political independence, which should remain untouched; stresses that this independence requires the ECB to in turn refrain from taking political decisions including climate policies and therefore stick to the principle of market neutrality;
Amendment 58 #
Motion for a resolution
Paragraph 3 a (new)
Paragraph 3 a (new)
3 a. stresses that conducting monetary operations in a market neutral way follows logically from the principle of central bank independence; stresses that deviating from this principle implies that the ECB benefits one market participant over the other based on its own preferences;
Amendment 73 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Regrets that core inflation remains high, with only two euro area Member States reporting core inflation rates below 2 in the euro area (2.7 % in September 2024);
Amendment 228 #
Motion for a resolution
Paragraph 22 a (new)
Paragraph 22 a (new)
22 a. Reminds of the importance of holding limits for the digital Euros, in order not to create additional risks for the banks' balance sheets, especially for crisis situations.
Amendment 231 #
Motion for a resolution
Paragraph 23
Paragraph 23
23. Calls on the ECB to take due account of privacy concerns around the digital euro and stresses that its development should become a gold standard in terms of privacy and anonymity for other financial institutions;
Amendment 296 #
Motion for a resolution
Paragraph 31 a (new)
Paragraph 31 a (new)
31 a. Reminds the ECB that cash remains important for the European citizens, including as a fall back option in crisis situations, as a safety measure against negative interest rates, and for educational purposes;
Amendment 297 #
Motion for a resolution
Paragraph 31 b (new)
Paragraph 31 b (new)
31 b. Encourages the ECB to support the member states in their endeavour to improve the financial literacy of their citizens;
Amendment 299 #
Motion for a resolution
Paragraph 32
Paragraph 32
32. Welcomes the finalisation of the Basel III framework, as it willhas the potential to strengthen the resilience of the banking sector; strongly regrets however the delays in implementation and lack of clarity concerning a certain number of other jurisdictions’ implementation, resulting in an uneven level playing field at the global level;
Amendment 313 #
Motion for a resolution
Paragraph 33 a (new)
Paragraph 33 a (new)
33 a. Invites the ECB to introduce perfomance based salaries for the upper management levels of the central bank, to incentivise the achievement of a low inflation;