Activities of Vladimír MAŇKA related to 2017/0333R(APP)
Plenary speeches (2)
Establishment of the European Monetary Fund (debate) SK
Establishment of the European Monetary Fund (debate) SK
Reports (1)
INTERIM REPORT on the proposal for a Council Regulation on the establishment of the European Monetary Fund PDF (182 KB) DOC (73 KB)
Amendments (19)
Amendment 5 #
Motion for a resolution
Citation –1 (new)
Citation –1 (new)
-1 having regard to its resolution of 7 May 2009 on the impact of the Lisbon Treaty on the development of the institutional balance of the European Union,
Amendment 6 #
Motion for a resolution
Citation –1 a (new)
Citation –1 a (new)
-1 a having regard to the report of the Reflection Group on the Future of the EU 2030 to the European Council,
Amendment 7 #
Motion for a resolution
Citation –1 b (new)
Citation –1 b (new)
-1 b having regard to its resolution of 20 December 2016 on possible evolutions and adjustments to the current institutional set-up of the European Union,
Amendment 8 #
Motion for a resolution
Citation –1 c (new)
Citation –1 c (new)
-1 c having regard to its resolution of 16 February 2017 on Improving the functioning of the European Union building on the potential of the Lisbon Treaty,
Amendment 9 #
Motion for a resolution
Citation –1 d (new)
Citation –1 d (new)
-1 d having regard to the opinion of the Committee of the Regions of 6 July 2018 on the Reform proposals for the Economic and Monetary Union,
Amendment 11 #
Motion for a resolution
Citation 2 a (new)
Citation 2 a (new)
- having regard to the Eurogroup report to Leaders on EMU deepening of 4 December 2018,
Amendment 13 #
Motion for a resolution
Citation 2 b (new)
Citation 2 b (new)
- having regard to the statement of the Euro Summit of 14 December 2018,
Amendment 14 #
Motion for a resolution
Citation 2 c (new)
Citation 2 c (new)
- having regard to the Joint Position on future cooperation between the European Commission and the ESM of 14 November 2018,
Amendment 76 #
Motion for a resolution
Recital F
Recital F
F. whereas the future incorporation of the ESM into the EU legal framework should continue to be understood as a decisive part of the EMU completion project;
Amendment 128 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Recalls its previous positions in favour of the incorporation of the ESM into the EU legal framework, which would make it a fully-fledged EU body; insists that this incorporation should continue to be understood as part of the EMU completion project; believes that such an integration would allow for management in accordance with the Community method, ensure the full consistency of fiscal rules and obligations, facilitate economic and fiscal policy coordination, and enhance democratic legitimacy and accountability through the European Parliament; points out that all these objectives would be further enhanced if a reformed ESM was headed by the already proposed Minister of Finances of the eurozone, also serving as Commission Vice President responsible for the euro and President of the Eurogroup;
Amendment 131 #
Motion for a resolution
Paragraph 4 a (new)
Paragraph 4 a (new)
4 a. Notes that when integrated into the EU legal framework, the European Court of Auditors should be considered as the independent external auditor and should be given a clear and formal role in the discharge procedure; underlines that the Parliament should have the political power in considering audit reports;
Amendment 181 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. StressesUnderlines that the ESF should have its own expertise to produce and assess the elements required by its statute; stresses, however, that evaluation of the financial assistance requests made by the ESF, as well as its decision-making on the design of the adjustment programmes, in cooperation with other institutions, should in no way replace, duplicate or overlap the normal macroeconomic and fiscal surveillance provided for in the EU’s financial rules and regulations, which must remain the Commission’s exclusive competence;
Amendment 193 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Highlights the need for an efficient decision-making procedure in the reformed ESM, particularly in the case of urgent situations; in this context, calls for an assessment of the current governance setting;
Amendment 194 #
Motion for a resolution
Paragraph 9 a (new)
Paragraph 9 a (new)
9 a. Believes that financial assistance instruments under the ESF could be improved, notably the financial assistance through Precautionary Conditioned Credit Line (PCCL); notes that these tools shall be used whenever necessary by a Member State facing symmetrical or asymmetrical shocks; believes that the eligibility conditions to activate such tools should be balanced and provide appropriate flexibility clauses; defends that the access to the PCCL could be available without requiring a Memorandum of Understanding;
Amendment 204 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Calls for a swift ESM reform that also redefines its role, functions and financial tools, so that the new ESF can offer liquidity support in case of resolution and serve as a financial backstop for the SRF; calls for the SRF to be made operational as soon as possible by 2020 and, in any case, before 2024;
Amendment 205 #
Motion for a resolution
Paragraph 10 a (new)
Paragraph 10 a (new)
10 a. Welcomes the conclusions of the Eurogroup of 4 December 2018, which were endorsed by the Euro Summit of 14 December 2018; welcomes namely the anticipation of the introduction of the backstop to the SRF by 2020 and the endorsement of the Term Sheet on the ESM; regrets, however, that no concrete outcome regarding the future eurozone fiscal capacity and the stabilization function has been reached; underlines that significant progress has been achieved recently on the side of risk reduction; recalls also that the European Parliament has made substantial contributions to enable this in particular on the so-called Banking package and the Non-Performing Loans prudential backstop;
Amendment 209 #
Motion for a resolution
Paragraph 10 b (new)
Paragraph 10 b (new)
10 b. Recalls the urgent need for decisive progress to be made on risk sharing measures, namely the swift conclusion of the EDIS and the establishment of the eurozone fiscal capacity including a European Stabilization Function; stresses the need to deliver concrete results and avoid further postponing of decisions on critical issues that could affect the stability of the EMU as a whole;
Amendment 210 #
Motion for a resolution
Paragraph 10 c (new)
Paragraph 10 c (new)
10 c. Takes note of the Joint Position on future cooperation between the European Commission and the ESM of 14 November 2018; regrets the non- involvement of the European Parliament in this matter; recalls the exclusive competence of the European Commission in macroeconomic and fiscal surveillance and, therefore, is concerned about the implications of the participation of the ESM in future missions related to economic policy coordination and budgetary monitoring within the framework of cooperation outside financial assistance;
Amendment 233 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Invites the ESM to establish a protocol for an interim Memorandum of Cooperation (MoC) with the European Parliament, with immediate effect, to further promotimprove the institutional dialogue and enhance the ESM’s transparency, accountability and democratic legitimacy in line with the further; calls also for a deepening of the interinstitutional cooperation framework on the economic governance of the euro areaas a whole in order to enhance its accountability and democratic legitimacy; recalls the request of this Parliament for an interinstitutional arrangement in this field;