24 Amendments of Lídia PEREIRA related to 2023/0138(COD)
Amendment 157 #
Proposal for a regulation
Recital 4
Recital 4
(4) The involvement of social partners, civil society organisations and other relevant stakeholders in the European Semester is key to ensure ownership and transparent, accountable and inclusive policy-making.
Amendment 160 #
Proposal for a regulation
Recital 5
Recital 5
(5) The economic governance framework of the Union should be adapted to better take into account the growing heterogeneity of fiscal positions, public debt challenges and other economic vulnerabilities across Member States. The strong policy response to the COVID-19 pandemic proved highly effective in mitigatinged the economic and social damage of the crisis, but talthough at a significantly different level across Member States. The crisis resulted in a significant increase in public- and private- sector debt ratios, underscoring the importance of reducing debt ratios to prudent levels in a gradual, sustained and growth-friendly manner and addressing macroeconomic imbalances, while paying due attention to employment and social objectives. At the same time, the economic governance framework of the Union should be adapted to help address the medium- and long-term challenges facing the Union including achieving a fair digital and green transition, including the Climate Law22 , ensuring energy security, open strategic autonomy, addressing demographic change and the importance of intergenerational solidarity, strengthening social and economic resilience and implementing the strategic compass for security and defence, all of which requires reforms and sustained high levels of investment in the years to come. _________________ 22 The European Climate Law sets a Union-wide climate neutrality objective by 2050 and requires Union institutions and Member States to progress in enhancing adaptive capacity, requiring significant public investment to reduce the negative socio-economic impacts of climate change on the EU and its Member States, including negative impacts on growth and fiscal sustainability.
Amendment 174 #
Proposal for a regulation
Recital 6
Recital 6
(6) The economic governance framework of the Union should put debt sustainability and, sustainable and inclusive growth, investment and productivity challenges, reforms and intergenerational fairness at its core and therefore differentiate between Member States by taking into account their public debt challenges and allowing country-specific fiscal trajectories.
Amendment 192 #
Proposal for a regulation
Recital 8
Recital 8
(8) Detailed, clear and transparent rules should therefore be laid down regarding the content, submission, assessment and monitoring of the national medium-term fiscal-structural plans, in order to promote debt sustainability and, sustainable and inclusive growth, investment and productivity objectives, reforms and intergenerational fairness in the Member States and prevent the occurrence of excessive government deficits through medium-term planning.
Amendment 221 #
Proposal for a regulation
Recital 13
Recital 13
(13) To provide guidance to the Member States in the drafting of their medium-term fiscal-structural plan, the Commission should put forward a technical trajectory based on the minimum fiscal adjustment that brings the debt trajectory of the Member State on a plausibly and sustainable downward path or maintains debt at a prudent level. It should also ensure that the public debt ratio at the end of the planning horizon declines below its level in the year before the start of the technical trajectory. The sustainability of that debt reduction should result from appropriate fiscal policies.
Amendment 406 #
Proposal for a regulation
Article 4 – paragraph 1
Article 4 – paragraph 1
1. Whenevere necessary, following the assessment pursuant to this Regulation of the medium-term fiscal-structural plans, the annual progress reports and the socio- economic situation of the Member States concerned, the Council shall, on the basis of recommendations from the Commission, address recommendations to those Member States making full use of the legal instruments provided in Articles 121 and 148 TFEU and related relevant secondary legislation.
Amendment 413 #
Proposal for a regulation
Article 4 – paragraph 3 – point b
Article 4 – paragraph 3 – point b
(b) a warning by the Commission or a recommendation by the Council pursuant to Article 121(4) TFEU;
Amendment 445 #
Proposal for a regulation
Article 6 – paragraph 1 – point a
Article 6 – paragraph 1 – point a
(a) the public debt ratio is put or remains on a plausibly and sustainable downward path, or stays at prudent levels;
Amendment 558 #
Proposal for a regulation
Article 8 – paragraph 1
Article 8 – paragraph 1
To assess plausibility that the projected public debt ratio of the Member State concerned is on a downward sustainable path or remains at a prudent level, the Commission shall use the methodology referred to in Annex V. The Commission shall make public its analysis of plausibility and the underlying data.
Amendment 579 #
Proposal for a regulation
Article 9 – paragraph 1
Article 9 – paragraph 1
Each Member State shall submit to the Council and to the Commission a national medium-term fiscal-structural plan before end-April following the entry into force of this Regulation. The Member State concerned and the Commission may agree to extend this deadline by a reasonable period if necessary. The European Parliament shall be duly informed about such diligences.
Amendment 588 #
Proposal for a regulation
Article 9 – paragraph 2 a (new)
Article 9 – paragraph 2 a (new)
The Member States are strongly encouraged to discuss their draft national medium term fiscal structural plans with their parliaments and with civil society, social partners and relevant stakeholders, without prejudice to national legal frameworks. If such discussions result in formal decisions or contributions, the content of such conclusions must be annexed to the proposal.
Amendment 611 #
Proposal for a regulation
Article 11 – paragraph 1 – subparagraph 2
Article 11 – paragraph 1 – subparagraph 2
The national medium-term fiscal-structural plan shall also describe the actions of the Member State concerned to address the country-specific recommendations, including those that are relevant for the Macroeconomic Imbalances Procedure, and the warnings by the Commission, where applicable, or the recommendations by the Council, where applicable, made pursuant to Article 121(4) TFEU.
Amendment 633 #
Proposal for a regulation
Article 12 – paragraph 1 – point a
Article 12 – paragraph 1 – point a
(a) ensure the fiscal adjustment necessary to put or keep public debt on a plausibly downward sustainable path by the end of the adjustment period at the latest, or remain at prudent levels, and to bring and maintain the government deficit below the 3% of GDP reference value over the medium term;
Amendment 780 #
Proposal for a regulation
Article 14 – paragraph 2
Article 14 – paragraph 2
2. Prior to the submission of the revised national medium-term fiscal- structural plan, the Commission shall put forward, in a report to the European Parliament and the Economic and Financial Committee, a new technical trajectory.
Amendment 801 #
Proposal for a regulation
Article 15 – paragraph 1
Article 15 – paragraph 1
1. The Commission shall assess each national medium-term fiscal-structural plan within 2 months of its submission. The Member State concerned and the Commission may agree to extend the period of assessment by a reasonable period if necessary, not exceeding 2 months.
Amendment 811 #
Proposal for a regulation
Article 15 – paragraph 2 – point a
Article 15 – paragraph 2 – point a
(a) whether the national medium-term fiscal-structural plan ensures that public debt is put or kept on a plausibly downward sustainable path by the end of the adjustment period at the latest, or stays at prudent levels;
Amendment 902 #
Proposal for a regulation
Article 18 – paragraph 1 – point a
Article 18 – paragraph 1 – point a
(a) the Member State concerned fails to submit a revised national medium-term fiscal-structural plan within onetwo months of the recommendation by the Council;
Amendment 906 #
Proposal for a regulation
Article 18 – paragraph 1 – point b
Article 18 – paragraph 1 – point b
(b) the Council considers that the revised national medium-term fiscal- structural plan does not comply with the requirements set out in Article 15(2) and (3), point (a), duly justifying its position;
Amendment 929 #
Proposal for a regulation
Article 20 – paragraph 4 a (new)
Article 20 – paragraph 4 a (new)
4a. Member States are strongly encouraged to discuss the progress report in their national parliaments and with civil society, social partners and relevant stakeholders, in full respect of their national legal frameworks.
Amendment 961 #
Proposal for a regulation
Article 23 – title
Article 23 – title
Amendment 962 #
Proposal for a regulation
Article 23 – paragraph 1
Article 23 – paragraph 1
Amendment 972 #
Proposal for a regulation
Article 23 – paragraph 2
Article 23 – paragraph 2
2. On the basis of a Commission recommendation, the Council shall, within one month of the Commission warning referred to in paragraph 1, adopt a recommendation to the Member State concerned for the necessary policy measures, in accordance with Article 121(4) TFEU.
Amendment 1084 #
Proposal for a regulation
Annex I – paragraph 1 – point a
Annex I – paragraph 1 – point a
(a) by the end of the adjustment period, at the latest, the 10-year debt trajectory in the absence of further budgetary measures is on a plausibly downward sustainable path or stays at prudent levels;
Amendment 1119 #
Proposal for a regulation
Annex II – paragraph 1 – point i a (new)
Annex II – paragraph 1 – point i a (new)
(ia) Measures in place or planned to enhance the Member State levels of productivity;