Activities of Elisa FERREIRA related to 2012/2028(INI)
Plenary speeches (1)
Feasibility of introducing stability bonds (debate)
Amendments (12)
Amendment 259 #
Motion for a resolution
Annex - Phase 1 - Point 1 - Paragraph 1 - Subparagraph 3
Annex - Phase 1 - Point 1 - Paragraph 1 - Subparagraph 3
- oblige Member States commit to autonomously redeem the transferred debt over a period of maximum 25 years by using the interest rate savings for debt redemption which could be shorter if th25 years, which could be shorter or longer if the effective growth rate is higher or lower than foreseen;
Amendment 265 #
Motion for a resolution
Annex - Phase 1 - Point 1 - Paragraph 1 - Subparagraph 4
Annex - Phase 1 - Point 1 - Paragraph 1 - Subparagraph 4
- implement the national debt brakes introduced in the fiscal compact to limit the debts that remain exclusively with the participating Member States at a maximum of 60 % of GDP and oblige Member States to cover their liabilities by risk-free collateralMember States shall have in place fiscal rules that implement in the national budgetary processes their medium-term budgetary objectives as defined in Article 2a of Regulation (EC) N01466/97;
Amendment 267 #
Motion for a resolution
Annex - Phase 1 - Point 1 - Paragraph 1 - Subparagraph 5
Annex - Phase 1 - Point 1 - Paragraph 1 - Subparagraph 5
- implement the new frameworkstrengthen the co-ordination of economic governance together with a binding structural reformgrowth and convergence agenda monitored by the Commission;
Amendment 278 #
Motion for a resolution
Annex - Phase 1 - Point 2 - Paragraph 1 - Subparagraph 1
Annex - Phase 1 - Point 2 - Paragraph 1 - Subparagraph 1
- establish an agency or use an existing entity to issue eurobills and limit participation to Member States that comply with the rules as set-out in the Stability and Growth Pact;
Amendment 295 #
Motion for a resolution
Annex - Phase 1 - Point 2 - Paragraph 1 - Subparagraph 4 a (new)
Annex - Phase 1 - Point 2 - Paragraph 1 - Subparagraph 4 a (new)
- The ESM shall obtain a banking licence to intervene if proven necessary to ensure the adequate functioning of the system;
Amendment 314 #
Motion for a resolution
Annex - Phase 2 - Paragraph 2
Annex - Phase 2 - Paragraph 2
The Commission puts forward proposals for the setting up of a system for the allocation of debt below 60 % of GDP to be issued in common, which is safeguarded by national debt brakes according to principlesadequate mechanisms to avoid moral hazard such as:
Amendment 318 #
Motion for a resolution
Annex - Phase 2 - Paragraph 2 - Subparagraph 1
Annex - Phase 2 - Paragraph 2 - Subparagraph 1
Amendment 323 #
Motion for a resolution
Annex - Phase 2 - Paragraph 2 - Subparagraph 3
Annex - Phase 2 - Paragraph 2 - Subparagraph 3
Amendment 331 #
Motion for a resolution
Annex - Phase 3 - Title
Annex - Phase 3 - Title
Phase 3 - CFull common issuance of national debt involving a Treaty change
Amendment 337 #
Motion for a resolution
Annex - Phase 3 - Paragraph 1
Annex - Phase 3 - Paragraph 1
- On the basis of the work of the committee, the Commission puts forward, if appropriate, proposand having prepared all eventual changes to the EU legals foramework and, if necessary, a Treaty change (and where necessary, Member States’' constitutional changes) andthe Commission puts forward proposals for the setting up of a system for the common issuance of bonds according to the following principles:
Amendment 340 #
Motion for a resolution
Annex - Phase 3 - Paragraph 1 - Subparagraph 1
Annex - Phase 3 - Paragraph 1 - Subparagraph 1
- limit participation to the Member States which comply with the conditions as set outparticipating in phase 2;
Amendment 351 #
Motion for a resolution
Annex - Phase 4 - Paragraph 1
Annex - Phase 4 - Paragraph 1
- The Commission, after having prepared all eventual changes to the EU legal framework, puts forward proposals for possiblthe issuance of bonds to finance EU investments for EU public goods (e.g. infrastructure, research and development, etc.)ulfil the objectives of the Union as set out in Article 3 of the TFEU as well as serving as an instrument to facilitate fiscal adjustment in response to external shocks when cross-border effects are at play.