5 Amendments of Stéphane SÉJOURNÉ related to 2020/2037(INI)
Amendment 63 #
Motion for a resolution
Recital I
Recital I
I. whereas new powers to issue recovery debt, including green and social bonds – which make the EU the world’s biggest issuer of such debt –, require adequate implementation and enforcement capacities so as to avoid undermining the long-term credibility of the euro as a safe asset currency;
Amendment 104 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Stresses that the EU’s capacity to make the euro a widely used currency in international trade able to compete with the US dollar’s dominance, also depends on the development of strong domestic markets. Reiterates, in this context, the need to deepen and complete the Economic and Monetary Union (EMU), the Banking Union and the Capital Markets Union (CMU), with a view to enhancing the international competitiveness of European markets and the attractiveness of the euro; and ultimately the Union’s strategic autonomy; welcomes in this regard the agreement reached in the Eurogroup on the reform of the European Stability Mechanism which will play a greater role in managing the macroeconomic crisis in the euro area and will be the lender of last resort for the Single Resolution Fund.
Amendment 139 #
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Recall that making the Union the global leader and standard-setter in Green finance will strengthen the role of the euro on the international scene; Further stresses that the Commission’s decision to issue green bonds to finance the green part of the recovery plan will make it become the wold largest issuer of green bonds and thus will participate to strengthening the international role of the euro
Amendment 172 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Is concerned that EMU’s lack of ability to speak as a unified voice with international institutions can hold back the international role of euro; calls on the Commission and the Council to provide detailed answers on the actions undertaken to follow up on the Parliament’s proposals in its resolution of 12 April 2016 on the EU role in the framework of international financial, monetary and regulatory institutions and bodies;
Amendment 228 #
Motion for a resolution
Paragraph 16 – subparagraph 1 (new)
Paragraph 16 – subparagraph 1 (new)
Stresses the need to create a euro-area budgetary capacity along with the role of a European Minister of Economy and Finance, in line with the Commission Communication of 6 December 2017.