BETA

17 Amendments of Antonio Maria RINALDI related to 2019/0161(COD)

Amendment 24 #
Draft legislative resolution
Paragraph 3 a (new)
3 a. Rejects the Commission proposal (COM(2019)0354).
2020/05/20
Committee: ECON
Amendment 30 #
Proposal for a regulation
Recital 1 a (new)
(1a) Since it was established, the euro area has comprised Member States with widely differing approaches to economic, fiscal and social matters, a state of affairs which has seriously undermined its effectiveness. Those differences are forcing the European Union to adopt legislative acts which encroach on the national sovereignty of its Member States, one example being this budgetary instrument for convergence and competitiveness.
2020/05/20
Committee: ECON
Amendment 41 #
Proposal for a regulation
Recital 3
(3) At the Union level, the European Semester of economic policy coordination is the framework for the identification of national reform priorities of the Member States and for the monitoring of the implementation of those priorities. This Regulation addresses the need to establish coherence between the reform and investment priorities for the euro area as a whole and the reform and investment objectives of the individual Member States whose currency is the euro, and to ensure their consistency with the European Semester.deleted
2020/05/20
Committee: ECON
Amendment 48 #
Proposal for a regulation
Recital 3 a (new)
(3a) In the context of the European Semester, country-specific recommendations are put forward in order to remedy macroeconomic imbalances in the European Union. On no account should it be mandatory to incorporate these recommendations – which concern matters falling within the Member States’ sphere of competence – into national policy-making.
2020/05/20
Committee: ECON
Amendment 54 #
Proposal for a regulation
Recital 4
(4) On an annual basis, the Council should set out strategic orientations on the reform and investment priorities for the euro area, as part of the recommendation on the economic policy of the euro area. The strategic orientations should be adopted by the Council acting by qualified majorunanimity on a recommendation from the Commission, and after the Eurogroup has discussed the reforms and investment priorities that it considers relevant and appropriate for inclusion therein. The annual Euro Summit will play its role.
2020/05/20
Committee: ECON
Amendment 66 #
Proposal for a regulation
Recital 5
(5) To ensure that strategic orientations reflect the evolving experience of the implementation of the budgetary instrument for convergence and competitiveness, the Commission should, alongside its recommendation on the strategic orientations, as part of its recommendation on the economic policy of the euro area, inform the Council and the European Parliament of how the strategic orientations have been followed during the preceding years.
2020/05/20
Committee: ECON
Amendment 74 #
Proposal for a regulation
Recital 7
(7) The Council Recommendation providing country-specific guidance on the objectives of reforms and investment in Member States whose currency is the euro, adopted by qualified majority, should be based on a Commission recommendation. This process should be without prejudice to the voluntary nature of participation of Member States whose currency is the euro in the budgetary instrument for convergence and competitiveness, and without prejudice to the Commission’s prerogatives as regards its implementation.deleted
2020/05/20
Committee: ECON
Amendment 79 #
Proposal for a regulation
Recital 7
(7) The Council Recommendation providing country-specific guidance on the objectives of reforms and investment in Member States whose currency is the euro, adopted by qualified majorunanimity, should be based on a Commission recommendation. This process should be without prejudice to the voluntary nature of participation of Member States whose currency is the euro in the budgetary instrument for convergence and competitiveness, and without prejudice to the Commission’s prerogatives as regards its implementation.
2020/05/20
Committee: ECON
Amendment 87 #
(9) On the basis of an assessment by the Commission or based on request by a Member State, the Council, shall establish which Member States are experiencing a severe economic downturn for the purpose of a modulation of national co-financing rates provided for in Regulation (EU) XXXX/XX [Reform Support Programme Regulation], and without prejudice to the application of Article 2(2) of Council Regulation (EC) 1467/97 as amended.
2020/05/20
Committee: ECON
Amendment 94 #
(10) In order to enhance the dialogue between the Union institutions, in particular between the European Parliament, the Council and the Commission, and to ensure greater transparency and accountability in that economic dialogue, the competent committee of the European Parliament can invite the President of the Council, the Commission and, where appropriate, the President of the Eurogroup to appear before the committee to discuss the measures taken pursuant to this Regulation. The competent committee may draw up a report assessing the effectiveness, efficiency, consistency and relevance of the measures taken.
2020/05/20
Committee: ECON
Amendment 131 #
Proposal for a regulation
Article 4 – paragraph 1
1. On a recommendation from the Commission and aAfter discussion in the Eurogroup, the Council shall establish, as part of the euro-area recommendation and on an annual basis, the strategic orientations for the reform and investment priorities of the euro area.
2020/05/20
Committee: ECON
Amendment 143 #
Proposal for a regulation
Article 4 – paragraph 2
2. In parallel to its recommendation referred to in paragraph 1, the Commission shall inform the Council and the European Parliament on how the strategic orientations of the preceding years have been followed by the Member States.
2020/05/20
Committee: ECON
Amendment 147 #
Proposal for a regulation
Article 5
1. The Council shall, on a recommendation from the Commission, adopt a recommendation addressed to all Member States whose currency is the euro providing, on an annual basis, country- specific guidance on the reform and investment objectives for the purposes of the reform and investment packages, which Member States may subsequently submit under Regulation (EU) XXXX/XX [Reform Support Programme Regulation]. 2. The recommendation referred to in paragraph 1 shall be consistent with the strategic orientations referred to in Article 4 and with the country-specific recommendations for the Member State concerned. In the recommendation referred to in paragraph 1, the Council shall duly take into account any macroeconomic adjustment programme approved in accordance with Article 7(2) of Regulation (EU) No 472/2013.Article 5 deleted Country-specific guidance
2020/05/20
Committee: ECON
Amendment 160 #
Proposal for a regulation
Article 6 – paragraph 1
Where relevant, based on an assessment by the Commission or based on request by a Member State, the recommendation referred to in paragraph 1 of Article 5 shall establish whether a Member State is experiencing a severe economic downturn, for the purposes of a modulation of national co-financing rates provided for in Regulation (EU) XXXX/XX [Reform Support Programme Regulation].
2020/05/20
Committee: ECON
Amendment 171 #
Proposal for a regulation
Article 8 – paragraph 1
In order to enhance the dialogue between the Union institutions, in particular the European Parliament, the Council and the Commission, and to ensure greater transparency and accountability, the competent committee of the European Parliament may invite the President of the Council, the Commission and, where appropriate, the President of the Eurogroup to appear before the committee to discuss the measures taken pursuant to this Regulation. The competent committee may draw up a report assessing the effectiveness, efficiency, consistency and relevance of the measures taken.
2020/05/20
Committee: ECON
Amendment 176 #
Proposal for a regulation
Article 9 – paragraph 1
1. By 31 December 20232 and every four years thereafter, the Commission shall publish a report on the application of this Regulation. That report shall assess the effectiveness and the proportionality of this Regulation.
2020/05/20
Committee: ECON
Amendment 177 #
Proposal for a regulation
Article 9 – paragraph 2
2. The Commission shall send the report to the European Parliament and to the Council.Council and to the European Parliament, where it shall answer to the scrutiny of the Regulation by the competent committee of the European Parliament ;
2020/05/20
Committee: ECON