Activities of Antonio Maria RINALDI related to 2022/2051(INL)
Plenary speeches (1)
Proposals of the European Parliament for the amendment of the Treaties (debate)
Amendments (11)
Amendment 509 #
Annex to the motion for a resolution Treaty on the Functioning of the European Union – Article 119 – paragraph 2
2. Concurrently with the foregoing, and as provided in the Treaties and in accordance with the procedures set out therein, these activities shall include a single currency, the euro, and the definition and conduct of a single monetary policy and exchange-rate policy the primary objective of both of which shall be to maintain price stabilityensure the economic growth, full employment and the social resilience and, without prejudice to thisese objectives, to maintain price stability, to support the general economic policies in the Union, in accordance with the principle of an open market economy with free competition, as well as the stability of the financial system.
Amendment 510 #
Annex to the motion for a resolution
The financial system is considered stable when banks, other lenders, and financial markets are able to provide citizens, households and businesses with the financing they need to invest, grow, and participate in a well-functioning economy and can do so without making the system more vulnerable.
Amendment 511 #
Annex to the motion for a resolution Treaty on the Functioning of the European Union – Article 119 – paragraph 3
3. These activities of the Member States and the Union shall entail compliance with the following guiding principles: the pursuit of economic growth and full employment stable prices, sound public finances and monetary conditions and a sustainable balance of payments.
Amendment 513 #
Annex to the motion for a resolution Treaty on the Functioning of the European Union – Article 123 – paragraph 1
1. Overdraft facilities or any other type of credit facility with the European Central Bank orThe European Central Bank promotes the resilience of the financial system and cooperate with the central banks of the Member States (hereinafter referred to as ‘national central banks’) in favour of Union institutions, bodies, offices or agencies, central governments, regional, local directly and through the European system of central banks, to monitor other public authorities, other bodies governed by public law, or public undertakings of Member States shall be prohibited, as shall the purchase directly from them by the European Central Bank or national central banks of debt instruments risks for the financial stability and undertake supervisory and regulatory initiatives to mitigate these risks and the consequences of financial instability.
Amendment 514 #
Annex to the motion for a resolution Treaty on the Functioning of the European Union – Article 123 – paragraph 2
Amendment 515 #
Annex to the motion for a resolution Treaty on the Functioning of the European Union – Article 124
Amendment 516 #
Annex to the motion for a resolution Treaty on the Functioning of the European Union – Article 125 – paragraph 1
1. The Union shall not be liable for or assume the commitments of central governments, regional, local or other public authorities, other bodies governed by public law, or public undertakings of any Member State, without prejudice to mutual financial guarantees for the joint execution of a specific project. A Member State shall not be liable for or assume the commitments ofEuropean Central Bank may grant, based on prudential considerations and having regard to the macroeconomic and cyclical projections related to the economic trends and to the risks for the price stability, forms of credit facility to Union institutions, bodies, offices or agencies, central governments, regional, local or other public authorities, other bodies governed by public law, or public undertakings of another Member States, without prejudice to mutual financial guarantees for the joint executionincluding the direct purchase from them of debt instruments ofr a specific projectssuming their commitments.
Amendment 517 #
Annex to the motion for a resolution Treaty on the Functioning of the European Union – Article 125 – paragraph 2
2. The Council, on a proposal from the Commission and after consulting the European Parliament, may, as required, specify definitions for the application of the prohibitionmeasures referred to in Articles 123 and 124 and in this Article.
Amendment 518 #
Annex to the motion for a resolution
The reference valuesgovernment deficit is taken into account, for the purpose of calculating the ratio of government debt to gross domestic product, net of government investment expenditure. The reference values and the government investment expenditure items eligible for divestiture from the government debt are set by the European Council. The modalities of the procedure are specified in the Protocol on the excessive deficit procedure annexed to the Treaties.
Amendment 519 #
Annex to the motion for a resolution Treaty on the Functioning of the European Union – Article 127 – paragraph 1
1. The primary objectives of the European System of Central Banks (hereinafter referred to as ‘the ESCB’) shall be to maintain price stability. Without prejudice to the objective ofhe pursuit of economic growth, full employment and to maintain price stability, t. The ESCB shall support the general economic policies in the Union with a view to contributing to the achievement of the objectives of the Union as laid down in Article 3 of the Treaty on European Union. The ESCB shall act in accordance with the principle of an open market economy with free competition, favouring an efficient allocation of resources, and in compliance with the principles set out in Article 119.
Amendment 563 #
Annex to the motion for a resolution Protocol No.12 on the excessive deficit procedure – Article 1