2 Amendments of Anni PODIMATA related to 2010/0821(NLE)
Amendment 12 #
Draft decision
Recital 4
Recital 4
(4) The stability mechanism will provide the necessary tool for dealing with such cases of risk to the financial stability of the euro area as a whole as have been experienced in 2010, and hence help preserve the economic and financial stability of the Union itself. The mechanism can be financed by, inter alia, innovative financing tools. At its meeting of 16 December 2010, the European Council agreed that, as this mechanism is designed to safeguard the financial stability of the euro area as whole, Article 122(2) of the TFEU will no longer be needed for such purposes. The Heads of State or Government therefore agreed that it should not be used for such purposes.
Amendment 19 #
Draft decision
Recital 4 g (new)
Recital 4 g (new)
(4g) The Commission should investigate the potential of a future system of eurobonds, as an additional mechanism for preserving the stability of the euro area, and in particular should look into the conditions under which such a system would be beneficial to all participating Member States and to the euro area as a whole.