20 Amendments of Dariusz ROSATI related to 2018/2033(INI)
Amendment 24 #
Motion for a resolution
Recital B
Recital B
B. whereas in 2017 the youth unemployment rate in the euro area was 18.8 %, and washas declined from 22,3% in 2015 to 18.8 % in 2017; whereas it remained particularly high in Greece (43.6 %), Spain (38.7 %) and Italy (34.8 %);
Amendment 41 #
Motion for a resolution
Recital C b (new)
Recital C b (new)
Cb. whereas the current economic environment provides a favourable window of opportunity to step up reform implementation; whereas the overall implementation of recommendations by EU countries has advanced slowly in the last few years, in particular when it comes to recommendations addressed to countries with excessive macroeconomic imbalances;
Amendment 58 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Reiterates the urgency of carrying on the fight against the inequalities that hamper economic growthimplementing these country-specific recommendations in order to improve the functioning of the European Semester process and thereby ensure sound fiscal policies, structural reforms to create more jobs and sustainable growth, and boost investment;
Amendment 80 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Supports flexibility in the implementation of the Stability and Growth Pact as proposed by the Commission in 2015; considers that much more flexibility is required to boost investment and growth in the EU; calls, therefore, for a reform of the Stability and Growth Pact and the introduction of an aggregate euro area fiscal stanceCalls to improve the enforcement of the Stability and Growth Pact (SGP) with a focus on debt reduction, in order to safeguard responsible public finances; supports the modulation of budgetary adjustment over the economic cycle as proposed by the Commission in 2015 in its Communication on flexibility within the existing rules of the SGP; considers that larger fiscal efforts are required for Member States in economic good times and/or with high levels of public debt, while Member States in economic bad times and with low levels of public debt might rely on fiscal expansion; flexibility as built into the existing SGP rules should strike a good balance between the objective of ensuring prudent fiscal policy and stabilising the economy;
Amendment 88 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Supports flexibility in the implementation of the Stability and Growth Pact as proposed by the Commission in 2015; considers that much more flexibility is required to boost investment and growth in the EU; calls, therefore, for a reform of the Stability and Growth Pact and the introduction of an aggregate euro area fiscal stance;
Amendment 102 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Takes the view that the development ofnote of the new budgetary tools aimed at stabilisation and convergence in the euro area would be extremely, as proposed by the Commission, which would be important for the economic governance of the Eeurozone area in order to avoid, as far as possible, the re- emergence of events already experienced during the years of the financial crisicomplement the euro area’s single monetary policy; highlights that access to central budgetary tools should be conditional on compliance with fiscal rules;
Amendment 106 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Takes the view that the development of new budgetary tools aimed at stabilisation and convergence in the euro area would be extremelymay be important for the economic governance of the Eurozone in order to avoid, as far as possible,; emphasizes that budgetary discipline is necessary to avoid the re- emergence of events already experienced during the years of the financial crisis;
Amendment 123 #
Motion for a resolution
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Recalls that current implementation levels of the country- specific recommendations are too low; believes that the focus of the European Semester should therefore be on national ownership and implementation, rather than adding policy objectives to the European Semester cycle; believes that more national ownership through national and regional parliaments debating country reports and country- specific recommendations would lead to better implementation of country-specific recommendations;
Amendment 151 #
Motion for a resolution
Paragraph 9 a (new)
Paragraph 9 a (new)
9a. Highlights the urgent need for a fully-fledged Capital Markets Union, as financial markets could provide for appropriate private risk-sharing and absorption capacities to counter future external shocks; thereby urges both the Commission and the Member States to move forward with the completion of the Capital Markets Union;
Amendment 184 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Recalls the need to implement the recommendations of the TAXE, TAXE2, Panama Papers inquiry committee of inquiry; welcomes the legislative proposals already put forward by the Commission implementing these recommendations;
Amendment 197 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Encourages stronger coordination and harmonisation of taxation with the objective of reducing the differences among Member States over a ten-year period, thus making any possible company relocation unattractive;
Amendment 208 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Welcomes the Council recommendation and the Commission’s efforts to encourage Members States with large current account surpluses to promote faster wage growth, strengthenincrease public investment and thus foster economic expansion; highlights the fact that real wage growth has, in recent times, lagged behind productivity growth, while improvements have occurred in the labour market in some sectors, while unemployment rates have declined; stresses, against this background, that there could be room for wage increases in certain sectors and areas to ensure goodbetter standards of living, taking into account the need to tackle inequalities and boost growth;
Amendment 232 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Notes with concern the recent rise in oil prices which generally weakens growth and raises inflation; stresses that, rather than relying on seasonal factors for its recovery, the only way to make the European economy an area of prosperity is to encourage public and private investment and promote domestic demand;
Amendment 233 #
Motion for a resolution
Paragraph 15 a (new)
Paragraph 15 a (new)
15a. Is seriously concerned about the weakness of private investment; calls on Member States and the European Commission to take measures to improve business climate, reduce red tape and encourage high tech and innovative investment;
Amendment 236 #
Motion for a resolution
Paragraph 16
Paragraph 16
Amendment 244 #
Motion for a resolution
Paragraph 17 a (new)
Paragraph 17 a (new)
17a. Insists on the need to accelerate growth through promoting competitiveness and innovation;
Amendment 247 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Recalls the need for stronger surveillance of the employment and sociallabour market situation in Europe and appropriate and constant follow-up at every step of the European Semester in order to boost quality job creation and thus achieve smart, sustainable and inclusive growth; underlines that digitalisation, globalisation and technological change are radically transforming our labour markets, with for example more transitions between employment forms and statuses; thereby stresses the importance of dynamic labour markets with accessible social security systems, able to respond to these new labour market realities;
Amendment 258 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Shares the Commission’s concerns regarding developments in the housing market in some Member States; stresses that rising interest rates and housing prices are having an impact on household private debt; underlines that this debt plays a role in the , if excessive, may destability ofze the euro area; calls on the Commission to take initiatives in this area in line with recommendation 19 of the social pillar;
Amendment 281 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. RegreSupports the fact that the CommissionCommission's decision to makes part of the allocation of European funds conditional on the European Semester and economic governance;
Amendment 293 #
Motion for a resolution
Paragraph 23
Paragraph 23
23. Warns that the longer the current savings-oriented policy – primarily focused onBelieves that a proper balance between the need to support investment while making spending cuts – continues without an effective investment plantaining necessary fiscal prudence is necessary to generate revenue through growth, social cohesion and solidarity, the clearer it will become that Europe’s economic integration and prosperity is at risk from growing social inequalities;