6 Amendments of David CASA related to 2010/0281(COD)
Amendment 47 #
Proposal for a regulation
Recital 2
Recital 2
2. There is a need to build upon the experience gained during the first decade of functioning of the economic and monetary union regarding macroeconomic imbalances.
Amendment 58 #
Proposal for a regulation
Article 2 – paragraph 1 – point a
Article 2 – paragraph 1 – point a
(a) ‘imbalances’ means macroeconomic developments which are adversely affecting, or have the potential to adversely to affect, the proper functioning of the economy or the competitiveness of a Member State or of economic and monetary union, or of the Union as a whole.
Amendment 61 #
Proposal for a regulation
Article 3 – paragraph 1
Article 3 – paragraph 1
1. The Commission shall, after consultation with Member States and the European Parliament, establish an indicative scoreboard as a tool to facilitate early identification and monitoring of imbalances.
Amendment 66 #
Proposal for a regulation
Article 3 – paragraph 2
Article 3 – paragraph 2
2. The scoreboard shall be made up of an array of macroeconomic and macrofinancial indicators fo, which are adequate to measure the economic equilibrium and competitiveness of the Member States in comparison to other Member States. The Commission may set indicative lower or upper thresholds for these indicators to serve as alert levels. The thresholds applicable to Member States whose currency is the euro may be different from those applicable to the other Member States.
Amendment 69 #
Proposal for a regulation
Article 3 – paragraph 2 a (new)
Article 3 – paragraph 2 a (new)
2a. The list of indicators to be included in the scoreboard and the thresholds should allow the detection of internal and external macroeconomic imbalances.
Amendment 76 #
Proposal for a regulation
Article 4 – paragraph 2
Article 4 – paragraph 2
2. The release of the updated scoreboard shall be accompanied by a Commission report containing an economic and financial assessment putting the movement of the indicators into perspective, drawing if necessary on any other economic and financial or structural indicator relevant to detection of imbalances. The report shall also indicate whether the crossing of lower or upper thresholds in one or more Member States signifies the possible emergence of imbalances.