1 Amendments of Elisa FERREIRA related to 2010/0278(COD)
Amendment 285 #
Proposal for a regulation
Article 5 – paragraph 4 a (new)
Article 5 – paragraph 4 a (new)
4a. The total yearly amount of fines imposed on a Member State in the context of an Excessive Deficit Procedure added to those due in the context of an Excessive Imbalances Procedure, shall not exceed 0.3% of its GDP except in cases of fines imposed for reasons stated in paragraph 4a of Regulation (EU) No […/…].