Activities of Anni PODIMATA related to 2013/2076(INI)
Plenary speeches (1)
European Central Bank annual report for 2012 (debate)
Amendments (2)
Amendment 74 #
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Notes that the transmission of monetary policy is not effective throughout the Eurozone since interest rates in countries facing economic difficulties are disproportionately high; underlines that higher interest rates in these countries are not only hampering the financing of the economy and its recovery but they also distort competition in the Internal Market; calls, therefore, on the ECB to introduce as soon as possible new instruments to address the ineffective transmission of monetary policy;
Amendment 76 #
Motion for a resolution
Paragraph 5 b (new)
Paragraph 5 b (new)
5b. Considers that the use of Emergency Liquidity Assistance facility should not in cases of resolution result to an excessive burden for sovereigns or banks inheriting assets of a resolved bank; invites the ECB, also in its capacity as a member of the troikas where applicable, to support favourable terms of repayment of ELA in all such cases;