8 Amendments of Manuel dos SANTOS related to 2017/2226(INI)
Amendment 2 #
Draft opinion
Paragraph 1
Paragraph 1
1. Considers that EU budgets must provide an incentive for sustainable growth and structural, convergence, investments and reforms, but alsothrough solutions and synergies as regards national budgets; believes, therefore, that the Annual Growth Survey (AGS) should serves as a guideline for Member States and for the preparation of national and EU budgets, particularly in the context of the preparation of the post-2020 multiannual financial framework (MFF);
Amendment 6 #
Draft opinion
Paragraph 2
Paragraph 2
2. BelievReiterates, in this regard, that there should be greater synergies between national and EU budgets; points out that the Commission, given its involvement in the European Semester as well as in the preparation and execution of the EU budget, has a key role to play in this respect;
Amendment 10 #
Draft opinion
Paragraph 3
Paragraph 3
3. UrgNotes the Commission to’s propose ambitiousal to reforms of the governance of the euro area, including the introduction of a specific budget; welcomes the and its proposal for a budgetary capacity for the euro area financed by own resources, set out in the final report and recommendations of the High Level Group on Own Resources of December 2016, entitled ‘Future Financing of the EU’;
Amendment 11 #
Draft opinion
Paragraph 4
Paragraph 4
4. Recalls its support for the creation of a euro area fiscal capacity in order to cope with macroeconomensure convergence and to cope with macroeconomic symmetric and asymmetric shocks and increase the competitiveness and stability of Member States’ economies, as stated in its resolution of 16 February 2017 on budgetary capacity for the euro area1 ; ;considers that the funding should come from Member States’ contributions, as part of the transfer of competences, and from own resources such as the financial transaction tax; _________________ 1euro-area and other participating members via a source of revenue to be agreed between participating Member States, as part of the transfer of competences, and believes that in a steady state, this fiscal capacity should also be financed through own resources such as the financial transaction tax; considers that this budgetary capacity should be part of the EU budget, over and above the current ceilings of the multiannual financial framework, and considered to be assigned revenue and guarantees; Texts adopted, P8_TA(2017)0050.
Amendment 18 #
Draft opinion
Paragraph 5
Paragraph 5
5. Welcomes the announcement by President Juncker concerning the proposal to transform the European Stability Mechanism (ESM) into a European Monetary Fund to be integrated into the EU framework; urgesregrets that the Commission to adopt’s proposals to fully integrate all intergovernmental tools related to the euro into the EU framework is made with a legal basis excluding adequate involvement of the European Parliament as co-legislator , and is convinced that all reforms to further integrate the governance of the Economic and Monetary Union (EMU) into the EU framework must be reflected in the post- 2020 MFF.;
Amendment 23 #
Draft opinion
Paragraph 5 a (new)
Paragraph 5 a (new)
5 a. Believes that this proposal should be further detailed and reinforced as regards the accountability provisions of the EMF towards the European Parliament, its capacity to endorse all its functions, notably as common backstop to the Banking Union and on its concrete decision capacity when assuming its stabilisation function;
Amendment 26 #
Draft opinion
Paragraph 5 b (new)
Paragraph 5 b (new)
5 b. Is concerned that the EMU reform proposal lacks of tools ensuring convergence within the euro area apart from the structural reforms tools, and underlines that these tools cannot be conceived as contractual arrangements within the EU budget;
Amendment 27 #
Draft opinion
Paragraph 5 c (new)
Paragraph 5 c (new)
5 c. Recalls, as a real EMU Member States convergence instrument, the European Parliament proposal in its resolution of 8th of October 2013, “Budgetary constraints for regional and local authorities regarding the EU’s Structural Funds”, to exclude the aggregate volumes of national co- financing under the European Structural and Investment Funds from the limits imposed by the Stability and Growth Pact;