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30 Amendments of Sophia IN 'T VELD related to 2015/2285(INI)

Amendment 18 #
Motion for a resolution
Recital A
A. whereas economic recovery and the effective implementation of structural reforms in the European Union is under way but remains uneven between and within Member States and is partly driven by temporary factors;
2016/01/12
Committee: ECON
Amendment 39 #
Motion for a resolution
Recital C
C. whereas the euro area’s current account surplus continues to rise, while Europe still faces an importantpublic and private debt levels remain very high and are a drag on growth and hold back investment gap;
2016/01/12
Committee: ECON
Amendment 46 #
Motion for a resolution
Recital D
D. whereas the employment rate is improving but not enough to significantly curb unemployment, particularly youth unemployment, and poverty;
2016/01/12
Committee: ECON
Amendment 53 #
Motion for a resolution
Recital D a (new)
Da. whereas the 2008 crisis was not only of a cyclical nature but also of a structural nature, which explains its lasting effects;
2016/01/12
Committee: ECON
Amendment 71 #
Motion for a resolution
Paragraph 1
1. Welcomes the 2016 Annual Growth Survey package and the proposed policy mix of investment, structural reform and fiscal responsibilityconsolidation, with increased emphasis on domestic demand and convergence, complementing accommodative monetary policiesthe effective implementation of structural reforms to ensure well- functioning labour, product, services and capital markets, quality education and training systems, modern and efficient social security systems and to promote innovation and entrepreneurship;
2016/01/12
Committee: ECON
Amendment 85 #
Motion for a resolution
Paragraph 2
2. Welcomes improvements in public finances, in particular gradually declining debt/GDP ratioa fall in headline budget deficits and gradually declining debt/GDP ratios but points out that public debt still remains very high in some Member States, which is a drag on growth and a burden for future generations;
2016/01/12
Committee: ECON
Amendment 96 #
Motion for a resolution
Paragraph 3
3. Notes that Europe’s global competitiveness remains an important objective, while the worsening global outlook calls for strengthening domestic sources of growthproductivity as well as growth and employment by reducing macroeconomic imbalances, particularly current account deficits;
2016/01/12
Committee: ECON
Amendment 105 #
Motion for a resolution
Paragraph 4
4. Calls for further efforts to support recovery, foster convergence towards the best performers and correct macroeconomic imbalances, including by channelling excess savings towards the domestic economincreasing productivity and boosting investment;
2016/01/12
Committee: ECON
Amendment 119 #
Motion for a resolution
Paragraph 5
5. Is encouraged by mild improvements in labour market indicators; calls for more effort to reduce barriers to entry into the labour market, poverty, social exclusion and growing inequalities;
2016/01/12
Committee: ECON
Amendment 152 #
Motion for a resolution
Paragraph 8
8. Calls on the Commission and the Member States to use the European Structural and Investment Funds to their full potential; underlines that EU financial means (inter alia structural funds or EFSI) have swiftly been made available and should be used in coherence with each other and with the EU 2020 strategy;
2016/01/12
Committee: ECON
Amendment 169 #
Motion for a resolution
Paragraph 9
9. Is aware of the on-going deleveraging process in the private sector; points to the importance of completing the banking and capital markets union and boosting equity investments in SMEs;
2016/01/12
Committee: ECON
Amendment 185 #
Motion for a resolution
Paragraph 10
10. HCalls on Member States to improve the quality and productivity of public investment and for the Commission to come up with clear criteria to assess their impacts; highlights the importance of investments in human capital and other social investments;
2016/01/12
Committee: ECON
Amendment 205 #
Motion for a resolution
Paragraph 11
11. Considers that, after a long period of nominal adjustment, focus should be put on structural reforms and investments aimed at strengthening growth potential, promot focus should be put on structural reforms promoting growth, jobs and investment while ensuring fair and sustainable welfare systems and reducing social inequalities;
2016/01/12
Committee: ECON
Amendment 220 #
Motion for a resolution
Paragraph 12
12. Calls for product and service market reforms and better regulation, promoting open markets, innovation and quality-basedfair competition;
2016/01/12
Committee: ECON
Amendment 241 #
Motion for a resolution
Paragraph 14
14. Urges that further steps be taken towards resilient labour markets with reduced segmentation and sustainable welfare systems with increased focus on social investmentremoving barriers to entry into the labour market, particularly for the young; believes that it is important to improve workers' mobility, notably by providing portability of pensions rights and ensuring adequate and sustainable pension benefits across the EU;
2016/01/12
Committee: ECON
Amendment 250 #
Motion for a resolution
Paragraph 15
15. Emphasises the need for modern, efficient and citizen-friendly public administration; in this respect asks the Commission and the Member States to identify and correct deficiencies in the Member States’ and the Commission’s administrations that could prove to be detrimental in crisis situations;
2016/01/12
Committee: ECON
Amendment 264 #
Motion for a resolution
Paragraph 16
16. Calls for a greater shift of taxation away from labour to consumption;
2016/01/12
Committee: ECON
Amendment 284 #
Motion for a resolution
Paragraph 18
18. Reiterates the need for responsible fiscal policiesthe continuation of growth-friendly fiscal consolidation, taking into account debt sustainability, the economic cycle and investment gaps;
2016/01/12
Committee: ECON
Amendment 297 #
Motion for a resolution
Paragraph 19
19. Insists on the full implementation of the Stability and Growth Pact, while making use of available fiscal space, inter alia, to deal with security threats and refugee inflowsthe Commission may assess that possible temporary deviations may be justified to deal with unusual and unpredictable events outside of a Member State's control;
2016/01/12
Committee: ECON
Amendment 316 #
Motion for a resolution
Paragraph 20
20. Emphasises the need for improved tax collection, fighting tax evasion and avoidance and improved tax policy coordination as well as removing distortions from unfair differential taxation; is convinced that simplification of the tax systems is key and that a common consolidated corporate tax base would help to achieve this;
2016/01/12
Committee: ECON
Amendment 337 #
Motion for a resolution
Paragraph 22
22. Welcomes the recommendation on the economic policy of the euro area as a way to deepen policy coordination in the follow-up to the Five Presidents' Report, particularly the recommendations on reforms that enhance productivity, foster job creation, raise competitiveness, improve the business environment and create flexible labour markets; in this regard, considers that the Green Paper on retail financial services is a positive step as it aims to fulfil the promise made to EU citizens of a real Internal Market and can provide tools for growth through daily actions and, for example, unleash the full potential of the digital economy;
2016/01/12
Committee: ECON
Amendment 353 #
Motion for a resolution
Paragraph 23
23. Emphasises that, given its high level of interdependence and the singleness of its monetary policy, the euro area needs to be viewed as one macroeconomic entity where convergencempetitiveness and convergence towards the best performers must be promoted; calls therefore for an in-depth aggregate assessment of macroeconomic imbalances in the euro area to complement the assessment of country-specific vulnerabilities; insists on full coherence between the euro area recommendation and country-specific recommendations;
2016/01/12
Committee: ECON
Amendment 355 #
Motion for a resolution
Paragraph 23 a (new)
23a. Recalls that monetary policy can succeed in supporting cyclical recovery but can only facilitate and not replace structural reforms necessary for structural recovery; underlines the Member States' and the European institutions' responsibility to restore confidence to enable private investments, entrepreneurship and active participation of citizens in the economic cycle;
2016/01/12
Committee: ECON
Amendment 361 #
Motion for a resolution
Paragraph 24
24. Welcomes increased attention to the euro area’s aggregate fiscal stance; calls for greater discussion on whether it can be considered broadly neutral given the large investment gap;
2016/01/12
Committee: ECON
Amendment 381 #
Motion for a resolution
Paragraph 25
25. Supports the recommendation to differentiate fiscal effort by individual Member States taking into account their respective positions vis-à-vis Stability and Growth Pact requirements and stabilisation needs, as well as spillover effects; notes that high-surplus countries may have significant fiscal space which they could use to the benefit of their populations and the monetary union as a whole; reduce taxes and invest in modernising their infrastructure, unless such measures would endanger sustaining their social welfare systems in the light of adverse demographic developments;
2016/01/12
Committee: ECON
Amendment 394 #
Motion for a resolution
Paragraph 26
26. Agrees that while the euro area's high current account surplus partly is a welcome sign of the euro area's external competitiveness, partly it also simplies a lack of internal investment and a risk of euro appreciation when monetary policy starts to become less accommodative, with adverse effects on growth and employmenty reflects weaker commodity prices and the depreciation of the euro; believes that the excess of savings is due to a lack of investor confidence in the euro area and its ability to establish a sustainable business environment for long-term investment; calls on the Member States to effectively implement structural reforms to modernise their economies and improve the business environment in coherence with the EU 2020 strategy;
2016/01/12
Committee: ECON
Amendment 408 #
Motion for a resolution
Paragraph 27
27. Emphasises the need to foster real economic and social convergence driven by improvements in productivity and non- cost factors; underlines the importance of all Member States having sufficient investment capacity, enabling balanced and sustainable growth; effectively implementing structural reforms and having sufficient investment capacity by leaving a safety margin in economic good times and improving the quality of public expenditure;
2016/01/12
Committee: ECON
Amendment 415 #
Motion for a resolution
Paragraph 28
28. Recognises the benefits of symmetrical adjustment, where regaining cost competitiveness does not merely require undergoing deflation which is detrimental to debt sustainability;
2016/01/12
Committee: ECON
Amendment 425 #
Motion for a resolution
Paragraph 29
29. Calls for measures preventing a race to the bottom in terms of taxation and social standards, building on better use of social indicators in macroeconomic surveillance leading to an increase in inequalities;
2016/01/12
Committee: ECON
Amendment 456 #
Motion for a resolution
Paragraph 32
32. Requests that plenary debates with the Commission and the President of the Eurogroup on the draft euro area recommendation become regular features in order to strengthen and complement existing democratic dialogue and accountability, for example the economic dialogue;
2016/01/12
Committee: ECON