Activities of Wolf KLINZ related to 2008/2156(INI)
Plenary speeches (1)
EMU10: The first 10 years of Economic and Monetary Union and future challenges (debate)
Amendments (17)
Amendment 32 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Stresses the need for mutual reinforcement of stability and growth- oriented macro-economic policies by making demand-side policy a matter of common concern: the need to follow closely public balances through the composition and level of taxes and expenditures and their impact on the demand side and in parallel agree on common approaches regarding wage policy;
Amendment 39 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Notes that the revised Stability and Growth Pact (SGP) has proven its value and that a strong consolidation of budgets has to be adhered to, as demographic change and possible decline in economic growth could lead to budgetary problems in euro area Member States, which could have negative effects on the stability of the euro area as a whole; criticises in this context the lack of discipline in combating budgetary deficits in times of economic growth and stresses that Member States must effectively extend the scope for an anti-cyclical fiscal policy, especially in order to be better prepared for external shocks; and demands, therefore, a longshort- term strategy to reduce national debts to a maximum of 60 % and a long-term strategy to a substantially higher reduction;
Amendment 48 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Takes the view that structural reforms should focus on increasing productivity through a better combination of economic and social policy, increasing capital intensity, and a greater participation of workeras defined in the Lisbon strategy for growth and jobs;
Amendment 64 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Considers that the monetary policy dialogue between Parliament and the ECB has been a success, and one which should be built on further; expects an improvement of the monetary dialogue on several points, such as coordinating the dates for the regular hearings of the ECB President with the ECB’s calendar for monetary policy decisions so as to improve the debate on them and still having the possibiin order to ensure a regular and topical debate on monetary politcy to invite ECB President for discussing topical issues when necessarydecisions;
Amendment 67 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Notes that the primary objective of the ECB’s monetary policy is to maintain price stability, and that the ECB aims at inflation rates of below, but close to, 2 % over the medium term; considers that this definition of price stability should be examined in the context of a new age of globalisation characterised by rising energy and food prices;
Amendment 74 #
Motion for a resolution
Paragraph 20
Paragraph 20
Amendment 82 #
Motion for a resolution
Paragraph 26
Paragraph 26
26. Underlines that, with regard to retail services, more integration is needed, without such integration being to the detriment of consumer protection; believes that customer mobility, financial literacy, access to basic services, and comparability of products, and procedures of redress need to be improved;
Amendment 87 #
Motion for a resolution
Paragraph 30
Paragraph 30
Amendment 90 #
Motion for a resolution
Paragraph 31 a (new)
Paragraph 31 a (new)
31a. Considers that the Member States outside the euro area that fulfil the Maastricht criteria and have no derogation in the Treaty should adopt the common currency at the earliest possible opportunity;
Amendment 104 #
Motion for a resolution
Paragraph 37 a (new)
Paragraph 37 a (new)
37a. Stresses that the euro is being used as a national currency outside the euro area; considers that the implications of such use need to be analysed;
Amendment 109 #
Motion for a resolution
Paragraph 39
Paragraph 39
39. Demands stronger forward-looking cooperation and an improved international financial and monetary dialogue between the three most important central banks and 'currency blocks', i.e. between the euro area, the US dollar and the yen, to manage international crises, and recalls the common successful crisis management during the recent US 'sub-prime credit crisis';
Amendment 114 #
Motion for a resolution
Paragraph 41 – point b
Paragraph 41 – point b
(b) The Integrated Policy Guidelines should set a broad framework for closer economic policy co-ordination in order to align National Reform Programmes, taking, however, into account economic diversity and differing national traditions. A mandatory consultation process of national parliaments regarding the Stability and Convergence Programmes and the National Reform Programmes should be established;
Amendment 118 #
Motion for a resolution
Paragraph 41 – point g
Paragraph 41 – point g
Amendment 120 #
Motion for a resolution
Paragraph 41 – point h
Paragraph 41 – point h
Amendment 122 #
Motion for a resolution
Paragraph 41 – point i
Paragraph 41 – point i
Amendment 126 #
Motion for a resolution
Paragraph 41 – point n – indent 4
Paragraph 41 – point n – indent 4
Amendment 128 #
Motion for a resolution
Paragraph 41 – point p
Paragraph 41 – point p
(p) Active macro-economic dialogue needs to be established between the Eurogroup, and the European Central Bank and European social partners for the purpose of discussions on an appropriate policy mix of monetary, fiscal, exchange rate, wage and structural policies by inter alia inviting Parliament and European social partners to informal hearings with the Eurogroup.