[ParlTrack]

Proposal for a regulation
Recital 5 a (new)

~~(This follows th~~(5a) The improved economic governance fra~~pporteur's amendment 5 recital 5 c (new), adding the words 'with particular focus upon development and strengthening of the Single Market, fostering of~~mework 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 international trade links and competitiveness')

2011/02/15
Committee: ECON

Sharon BOWLES

Proposal for a regulation
Recital 5 b (new)

(5b) Achieving and maintaining a dynamic Single Market shall be considered an element of the proper and smooth functioning of economic and monetary union.

2011/02/15
Committee: ECON

Sharon BOWLES

Proposal for a regulation
Recital 5 c (new)

~~(This follows the rapporteur's amendment 5, recital 5 d (new) adding the words '~~(5c) 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 international trade links')

2011/02/15
Committee: ECON

Sharon BOWLES

Proposal for a regulation – amending act
Article 1 – point 2 – subpoint a

Regulation (EC) No 1466/97
Article 3 – paragraph 1

1. Each participating Member State shall submit to the Council and Commission information necessary for the purpose of multilateral surveillance at regular intervals under Article 121 of the Treaty in the form of a stability programme, which provides an essential basis for price stability and for strong sustainable growth and the advancement of the Single Market conducive to employment creation.

2011/02/15
Committee: ECON

Sharon BOWLES

Proposal for a regulation – amending act
Article 1 – point 2 – subpoint c

Regulation (EC) No 1466/97
Article 3 – paragraph 3

3. The information about the paths for the general government balance and debt ratio, the growth of government expenditure, the planned growth path of government revenue at unchanged policy, the planned discretionary revenue measures, the paths for growth and indicators of the competitiveness of the economy, including the advancement of the Single Market, and the main economic assumptions referred to in paragraph 2(a) and (b) shall be on an annual basis and shall cover, the preceding year, the current year and at least the following three years.

2011/02/15
Committee: ECON

Sharon BOWLES

Proposal for a regulation – amending act
Article 1 – point 5

Regulation (EC) No 1466/97
Article 6 – paragraph 2 – subparagraph 1 a (new)

When the Commission addresses a warning the changes to the treatment of capital requirements under article 5a (new) of Regulation.../2011 on the effective enforcement of budgetary surveillance in the Euro area shall take effect.

2011/02/15
Committee: ECON

Sharon BOWLES

Proposal for a regulation – amending act
Article 1 – point 9

Regulation (EC) No 1466/97
Article 10 – paragraph 3 a (new)

In article 10 the following paragraph shall be added: 3a. 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

Activities of Sharon BOWLES related to 2010/0280(COD)

Plenary speeches (1)

Amendments (7)

ParlTrack - 2011-2024