Activities of Olivier CHASTEL related to 2023/2063(INI)
Shadow opinions (1)
OPINION on the European Semester for economic policy coordination 2024
Amendments (7)
Amendment 6 #
Draft opinion
Paragraph 1
Paragraph 1
1. Notes that the Union economy is expected to gradually recover in 2024, with a forecast growth of 1.3 % of GDP and a generally robust labour market; points, however, to the various challenges, risks and uncertainties, which put a strain on European businesses, public finance and people, and affect some Member States more than others;
Amendment 8 #
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Recalls that cohesion policy is a long-term investment instrument, ensuring economic, social and territorial transformation and convergence;
Amendment 10 #
Draft opinion
Paragraph 2
Paragraph 2
2. Takes note of the proposed reform of the economic governance framework of the Union; believes that the new framework should ensure clear and flexible implementation and provide the adequate fiscal space for Member States to invest in the EU’s strategic priorities, including energy infrastructure, the green and digital transitions, cybersecurity, industrial competitiveness, European defence and food security; recalls its position that an EU-level permanent crisis instrument will contribute to ensuring a sufficiently high level of strategic investment and an appropriate fiscal stance at the aggregate level;
Amendment 16 #
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Recalls that respect for the rule of law guarantees more justice, equality and economic stability; recalls the importance of an effective conditionality mechanism applied to the Union budget and EU funds to ensure the confidence of European citizens and investors;
Amendment 26 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Stresses the need for European and industrial energy autonomy, leading in particular to the achievement of an integrated sustainable energy market and the security of its energy supply;
Amendment 30 #
Draft opinion
Paragraph 4
Paragraph 4
4. Recalls that the substantial increase in interest rates has driven up the borrowing costs for the European Recovery Instrument (EURI); reiterates, therefore, its call for progress on the introduction of new own resources to finance the borrowing costs of the recovery plan (NGEU) and the Social Climate Fund; strongly supports the Commission proposal for a EURI instrument outside the ceilings of the multiannual financial framework to cover the excess costs for interest payments;
Amendment 34 #
Draft opinion
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Stresses that repayment of the debt from the recovery instrument, via the EU budget, must not be financed by the abolition of programmes or by an increase in taxes on our citizens, nor should it be borne by future generations; takes the view that debt repayment should be financed by the big polluters, multinationals who do not pay their fair share and by foreign CO2 importers;