9 Amendments of Carla TAVARES related to 2024/2054(INI)
Amendment 17 #
Motion for a resolution
Recital F
Recital F
Amendment 62 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Regrets that inflation levels remain above the ECB’s target of 2 % in some Member States; emphasisCommends the ECB for bringing inflation in line with its target; emphasises the downsides of high interest rates, particularly its restrictive effects on disposable income; notes that inflation diminishes the purchasing power of fixed incomes, savings and pensions and that it distorts the signalling function of prices that ensures an efficient allocation of resources;
Amendment 82 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Warns the ECB against the temptation to lower interest rates too quickslowly, given the risk that inflation levels could start increasing againnegative impact on the borrowing capacity of households and the capacity of borrowers to repay debt, particularly related to housing loans, but also the lower growth prospects for the euro area; stresses that the ECB itselfonly expectsed a temporary increase in inflation levels in the last quarter of 2024 as previous sharp falls in energy prices drop out of the annual rates;
Amendment 94 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Recalls that the Economic and Monetary Union requires solid fiscal policies in the Member States in order to be able to respond to external shocksa permanent fiscal capacity in order to become an optimal currency area; notes the importance of public investment and solid fiscal policies in the Member States in order to be able to respond to external shocks; welcomes President Lagarde’s statement that the current geopolitical crisis requires us to progress on EU fiscal integration;
Amendment 132 #
Motion for a resolution
Paragraph 13
Paragraph 13
Amendment 138 #
Motion for a resolution
Paragraph 14
Paragraph 14
Amendment 164 #
Motion for a resolution
Paragraph 17
Paragraph 17
Amendment 246 #
Motion for a resolution
Paragraph 24 a (new)
Paragraph 24 a (new)
24 a. Deeply regrets that the ECB remains an exception among central banks by not incorporating the pursuit of full employment in its primary mandate; urges the review thereof, in order to ensure that monetary policy is socially- balanced;
Amendment 282 #
Motion for a resolution
Paragraph 28 a (new)
Paragraph 28 a (new)
28 a. Notes the record profits in Euro Area's banking sector, resulting from the higher interest rate environment; encourages the use of these profits to build buffers, thus safeguarding the stability of the financial system; notes that the temporary suspension of dividend distribution and share buy back was effective in safeguarding banks’ resilience during the COVID-19 crisis; calls for the introduction of a binding limitation of dividend distribution and buy back in times of crisis;