2 Amendments of Edit HERCZOG related to 2010/0280(COD)
Amendment 93 #
Proposal for a regulation
Recital 4 a (new)
Recital 4 a (new)
(4a) The preventive part of the Stability and Growth Pact that is meant to ensure that Member States follow prudent fiscal policy should be more stringently coordinated and enforced in order to ensure minimum quality and consistency with the economic and monetary union budgetary coordination framework.
Amendment 513 #
Proposal for a regulation – amending act
Article 1 – point 8
Article 1 – point 8
Regulation (EC) No 1466/97
Article 9 – paragraph 1 – subparagraph 9
Article 9 – paragraph 1 – subparagraph 9
In periods of severe economic downturn of a general nature Member States the Council may be allowed to temporarily depart from the adjustment path implied by prudent fiscal- policy making referred to in the fourth subparagraph. Furthermore a clear and precise definition of severe downturn has to be inserted.