Activities of Jean-Paul GAUZÈS related to 2010/0821(NLE)
Plenary speeches (1)
Amendment of the Treaty on the Functioning of the European Union with regard to a stability mechanism for Member States whose currency is the euro (debate)
Amendments (1)
Amendment 23 #
Draft decision
Article 1
Article 1
The following paragraphoint shall be added to Article 136(1) of the Treaty on the Functioning of the European Union: "3. The Member States whose currency is the euro may(c) to establish a permanent stability mechanism to be activated if indispensable to safeguard the stability of the euro area as a wholecomposed of Member States whose currency is the euro. The granting of any required financial assistance under the mechanism will be made subject to strict conditionality consistent with the principles and objectives of the Union, as laid down in the Treaty on European Union and in this Treaty. The permanent stability mechanism should be designed in such a way as to foster budgetary discipline and to contribute to long-term sustainable finances.".