BETA

5 Amendments of Sharon BOWLES related to 2010/0276(CNS)

Amendment 81 #
Proposal for a regulation – amending act
Recital 4 a (new)
(This follows the rapporteur's amendment recital 4b (new), adding the words 'with particular focus upon development and strengthening of the Single Market, fostering of international trade links and competitiveness'.)(4a) The improved economic governance framework should rely on several inter- linked and coherent policies for sustainable growth and jobs built upon a sound Union strategy for growth and jobs, with particular focus upon development and strengthening of the Single Market, fostering of international trade links and competitiveness, an effective framework for preventing and correcting excessive budgetary positions (the Stability and Growth Pact), a robust framework for preventing and correcting macro- economic imbalances, enhanced financial market regulation and supervision (including macro-prudential supervision by the European Systemic Risk Board) and a credible permanent crisis resolution mechanism. Or. en
2011/02/15
Committee: ECON
Amendment 87 #
Proposal for a regulation – amending act
Recital 4 b (new)
(4b) Achieving and maintaining a dynamic Single Market shall be considered an element of the proper and smooth functioning of the economic and monetary union.
2011/02/15
Committee: ECON
Amendment 92 #
Proposal for a regulation – amending act
Recital 4 c (new)
(This follows the rapporteur's amendment 5, recital 4 c (new) adding the words '(4c) The Stability and Growth Pact and the complete economic governance framework should complement and be compatible with a Union strategy for growth and jobs which aims at boosting the Union's competitiveness and social stability and takes into consideration the development and strengthening of the Single Market and fostering international trade links'.). Or. en
2011/02/15
Committee: ECON
Amendment 199 #
Proposal for a regulation – amending act
Article 1 – point 2 – point c
Regulation (EC) No 1467/97
Article 2 – paragraph 3
3. The Commission, when preparing a report under Article 126(3) of the Treaty shall take into account all relevant factors as indicated in that Article. The report shall appropriately reflect developments in the medium-term economic position (in particular potential growth, prevailing cyclical conditions, inflation, excessive macroeconomic imbalances) and developments in the medium-term budgetary position (in particular, fiscal consolidation efforts in “good times”, public investment, the implementation of policies in the context of the common growth strategy for the Union, including promotion of the Single Market and the overall quality of public finances, in particular, compliance with Council Directive […] on requirements for budgetary frameworks of the Member States). The report shall also analyse developments in the medium-term debt position as relevant (in particular, it appropriately reflects risk factors including the maturity structure and currency denomination of the debt, stock-flow operations, accumulated reserves and other government assets; guarantees, notably linked to the financial sector; liabilities both explicit and implicit related to ageing and private debt to the extent that it may represent a contingent implicit liability for the government). Furthermore, the Commission shall give due consideration to any other factors which, in the opinion of the Member State concerned, are relevant in order to comprehensively assess in qualitative terms the excess over the reference value and which the Member State has put forward to the Commission and to the Council. In that context, special consideration shall be given to financial contributions to fostering international solidarity and trade links and to achieving Union policy goals, including financial stability and completing the Single Market Act.
2011/02/15
Committee: ECON
Amendment 276 #
Proposal for a regulation – amending act
Article 1 – point 7 a (new)
Regulation (EC) No 1467/97
Article 7 a (new)
Article 7 a Meeting between Parliaments Whenever there is an invitation to a meeting between the competent committee of the European Parliament and a Member State to explain a position, required action or divergence from the requirements herein, the meeting shall be convened under the auspices of one of: a) the European Parliament b) the Member State Parliament or c) the Rotating Presidency Parliament.
2011/02/15
Committee: ECON