5 Amendments of Inese VAIDERE related to 2015/2344(INI)
Amendment 244 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Recalls that in 2012 the Commission introduced in its ‘Blueprint for a deep and genuine EMU’ the idea of a Convergence and Competitiveness instrument for euro area Member States, whereby euro area Member States could get financial support for ‘reform packages that are agreed and important both for the Member States and for the good functioning of the euro area’, and that thise financial support ‘could be set up in principle as part of the EU budget’ and be established by secondary law on the basis of Article 352 TFEU and financed by either a commitment on the part of the euro area Member States or a legal obligation to that effect enshrined in the EU’s own resources legislation as ‘assigned revenues’scal capacity of the Eurozone should be established outside the EU budget and should be fiscally neutral; considers the review by the Commission of the European Semester, including the Structural Reform Support Programme (SRSP), as a follow- up to this approach;
Amendment 434 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. Insists that once it is integrated into Community law, the fiscal capacity for the euro area should be integrated into the EU budget, but over and above the ceilings of the Multiannuestablished outside the EU budget and fiscal capacity mechanism should be fiscally neutral Financial Framework (MFF) long term;
Amendment 672 #
Motion for a resolution
Paragraph 32 a (new)
Paragraph 32 a (new)
32a. EMF should avoid provision of financing for structural reforms in Member States. EMF should not be used for fiscal stimulation of Member State economies as there are existing mechanisms for the purposes, e.g. ECB's monetary policy instruments and the flexibility of the Stability and Growth Pact;
Amendment 689 #
Motion for a resolution
Paragraph 33
Paragraph 33
33. Warns that future symmetric shocks could destabilise the euro area as a whole since the currency area is not endowed with the instruments to cope with another crisis of the extent of the previous one; is convinced that the right instrument to deal with symmetric shocks depends on the nature of the shockare the monetary mechanisms exercised by the ECB; recalls that the EMF should be used as an appropriate financial resource;
Amendment 747 #
Motion for a resolution
Paragraph 37
Paragraph 37
37. Points out that the fiscal capacity has to be of signiufficaient size in order to be able to address these euro-area-wide shocks and to finance its functions; insists that in order to provide sufficient financial resources, the euro area fiscal capacity, including the EMF, should be able to increase the issuance of equities via a rise in guarantees; considers that these common issued equities should have the highest credit rate;