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6 Amendments of Antolín SÁNCHEZ PRESEDO related to 2010/0277(NLE)

Amendment 43 #

Recital -1 (new)
-1. Experience gained during the first decade of functioning of the economic and monetary union shows a need for improved economic governance in the Union, which should be built on a stronger national ownership of commonly agreed rules and policies and on a more robust framework at the Union level for national economic policies.
2011/02/16
Committee: ECON
Amendment 47 #

Recital 1 a (new)
1a. The Stability and Growth Pact and the Union's economic governance framework as a whole should complement and be compatible with a Union strategy for jobs and smart, sustainable and inclusive growth which aims at boosting the Union's competitiveness, environmental responsibility and social progress.
2011/02/16
Committee: ECON
Amendment 58 #

Recital 1 b (new)
1b. The European semester for economic and budgetary policies coordination should play a vital role in implementing the requirement under Article 121(1) of the Treaty on the Functioning of the European Union (TFEU) that Member States regard their economic policies as a matter of common concern and coordinate them accordingly. Transparency, independent oversight and multilateral coordinated surveillance are an integral part of enhanced economic governance. The Council and the Commission should make public and set out the reasons for their positions and decisions at appropriate stages of the economic policy coordination procedures.
2011/02/16
Committee: ECON
Amendment 76 #

Recital 9
9. Alternative forecast scenarios and their corresponding impact on budgetary projections supplementing the central macroeconomic scenario allownd allow for analysis of how fiscal variables would evolve under different economic assumptions and thus greatly reduce the risk of budgetary discipline being jeopardised by forecast errors.
2011/02/16
Committee: ECON
Amendment 127 #

Article 3 – paragraph 2 – point a
(a) cash-based fiscal data at a monthly frequency, covering government with each sub-sector thereof separately identified, before the end of the following month. Information from state and local government subsectors shall be updated at least on a quarterly basis,
2011/02/16
Committee: ECON
Amendment 133 #

Article 4 – paragraph 2
2. Macroeconomic and budgetary forecasts for fFiscal planning shall comprise alternative macroeconomic scenarios to examine the path of fiscal variables under different economic conditions. The range of alternative scenarios used in macroeconomic and budgetary forecastsand their corresponding impact shall be guided by past forecast performance and shall endeavour to take into account the impacts of macroeconomic imbalances, where those have been highlighted.
2011/02/16
Committee: ECON