[ParlTrack]

Recital 1

1. There is a need to build upon the experience gained during the first decade of functioning of economic and monetary union.Recent economic developments have posed new challenges to the conduct of fiscal policy across the Union and have in particular highlighted the need for uniform requirements as regards the rules and procedures forming the budgetary frameworks of the Member States.In particular it is necessary to specify what national authorities must do to comply with the provisions of the Protocol (No 12) on the excessive deficit procedure annexed to the Treaties, and in particular Article 3 thereof.Deleted

2011/02/16
Committee: ECON

Nikolaos CHOUNTIS

Recital 1 a (new)

1a. The European Parliament rejects this proposal for a directive tabled by the European Commission.

2011/02/16
Committee: ECON

Nikolaos CHOUNTIS

Recital 1 b (new)

1b. Recovery from the crisis and avoidance of any further crisis cannot be achieved by using the very economic instruments and economic model which created it. Failure to recognise this will mean that any recovery will be at the expense of European workers.

2011/02/16
Committee: ECON

Nikolaos CHOUNTIS

Recital 1 c (new)

1c. The EU-2020 Strategy, which succeeded the failed, by effect, Lisbon Strategy, is unable to meet the objectives of full employment and prosperity for all European citizens.

2011/02/16
Committee: ECON

Nikolaos CHOUNTIS

Recital 1 d (new)

1d. EMU operating rules and the Stability and Growth Pact are failing to promote economic convergence in the euro area. Hence the imposition of common macro- economic objectives without taking account of the specific economic situation in each of the Member States and their different points of departure will widen the gulf between the developed and less developed countries and, by extension, increase the disparities in European living standards.

2011/02/16
Committee: ECON

Nikolaos CHOUNTIS

Recital 1 e (new)

1e. The principles set out in the Union’s financial framework can only achieve credibility through a fundamental change in its objectives. The new objectives must be to promote solidarity, democracy, genuine economic convergence and the social welfare of all Europeans.

2011/02/16
Committee: ECON

Nikolaos CHOUNTIS

Recital 1 f (new)

1f. A fundamental change to the operation of the Stability and Growth Pact is necessary so as to bring it into line with the criteria of solidarity between Member States, genuine economic convergence and the promotion of sustainable development and full employment, while avoiding financial, economic and social austerity policies.

2011/02/16
Committee: ECON

Nikolaos CHOUNTIS

Recital 10 a (new)

10a. The European Commission bears great responsibility since, for the sake of achieving EU policy objectives in every field (EMU, enlargement), it has, in certain cases, tacitly accepted the dissemination of untruths and/or deliberately manipulated statistical data from certain Member States.

2011/02/16
Committee: ECON

Nikolaos CHOUNTIS

Recital 10 b (new)

10b. In the light of Article 48(2) of the Treaty on European Union, additional powers cannot be granted to the European Commission.

2011/02/16
Committee: ECON

9 Amendments of Nikolaos CHOUNTIS related to 2010/0277(NLE)

ParlTrack - 2011-2024