7 Amendments of Anni PODIMATA related to 2010/2078(INI)
Amendment 26 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. CondemnNotes the fact that the principles of the Stability and Growth Pact were not always fully respected in the past; calls for unrestrictedmore coherent application of the Stability and Growth Pact, aimed at both ensuring fiscal consolidation and combating macroeconomic imbalances within the euro zone;
Amendment 36 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Calls therefore on the Commission to put forward proposals to strengthen the Stability and Growth Pact by including specific targets for closing the competitiveness gap between European economies, for an Employment and Development Pact with binding targets for the Member States and for a crisis management scenario;
Amendment 38 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Shares concerns about possible speculation against the euro; Recalls that the recent speculative attacks involving a sharp increase in spreads in corresponding euro zone Member States, with devastating consequences for the ability of those states to borrow money on international markets, triggered significant shock waves affecting the stability of the euro zone and the single currency; notes that the recent crisis demonstrates the need to create appropriate, permanent crisis management mechanisms to shield the euro zone against speculative attacks;
Amendment 41 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Asks for a timely implementation of the Regulation on Credit Rating Agencies (No 1060/2009) and welcomes the Commission proposal on amending Regulation No 1060/2009 on Credit Rating Agencies of 2nd June 2010, but urgesat the same time calls on the Commission to go further and reflect on the possibility of improving the liability of Credit Rwith proposals for the more rigorous surveillance of the operation of these agencies and the creation of a European rating Aagenciesy;
Amendment 66 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Warns that these austerity packages should not lead to measures which could dampen the economic recovery, which requires a new model of economic governance with instruments and a time schedule that will provide a balance between the process of fiscal consolidation and safeguarding the needs in terms of investment in jobs and sustainable development;
Amendment 70 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Underlines that the lack of credit reaching the real economy stemmed more from lower demand due to diminished activity in the real economy thand from the reluctance of banks to grant credit;
Amendment 83 #
Motion for a resolution
Paragraph 25
Paragraph 25
25. Considers that the global financial system needs to be made less fragile and that lessons from the crisis must be drawn on a global level to improve the quality of risk management and the transparency of financial markets, reaffirming that their basic role is to finance the real economy;