7 Amendments of Udo BULLMANN related to 2008/2156(INI)
Amendment 6 #
Motion for a resolution
Recital E
Recital E
E. whereas euro area membership implies a high degree of economic interdependence between the Member States involved and therefore requires closer coordination of economic and financial policies in order to reap the full benefit of the single currency and to face future challenges, such as increased competition for natural resources, global economic imbalances, climate change and the ageing of the population in Europe,
Amendment 19 #
Motion for a resolution
Recital I a (new)
Recital I a (new)
Ia. whereas the European Union is facing an economic downturn with growth rates declining from 3,1 % in 2006 to a forecast 2 % in 2008 and 1,8 % in 2009, while unemployment and social exclusion remain persistent problems,
Amendment 38 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Notes that the revised Stability and Growth Pact (SGP) has proven its value and that a strong consolidation of budgets has to be adhered to, as demographic change and possible decline in economic growth could lead to budgetary problems in euro area Member States, which could have negative effects on the stability of the euro area as a whole; criticises in this context the lack of discipline in combating budgetary deficits in times of economic growth and stresses that Member States must effectively extend the scope for an anti-cyclical fiscal policy, especially in order to be better prepared for external shocks; aund demanderlines, therefore, a long- term strategy to reducethe need for sustainable and sound growth strategies, which will allow for a reduction of national debts to a maximum of 60 % in the long term;
Amendment 42 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Notes that the main elements of the SGP must also be consistently adhered to in the future, since both the criterion of 3 % and that of a maximum national debt of 60 % were specified on the basis of the economic conditions in the 1990s, and lower growth rates would necessitate substantially stricter criteria; is of the opinion that the SGP must be adhered to strictly by the Member States and supervised by the Commission; notes that an effective coordination of economic and financial policy is desirable withina precondition for the economic success of the EMU, although it should respect the principle of subsidiarity; stresses that existing supervisory instruments must be used better by the Commission and that the medium-term examination of national budgets by the Eurogroup has to be strengthened;
Amendment 53 #
Motion for a resolution
Paragraph 13 a (new)
Paragraph 13 a (new)
13a. Stresses the need for fair rules for the internal market; considers, therefore, that the race to the lowest corporate tax rates is counter productive and calls for the introduction of a common consolidated corporate tax base;
Amendment 60 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Recalls its strong commitment to the independence of the ECB, while fulfilling its Treaty obligations, to maintain price stability and to support the general economic policies in the Community;
Amendment 72 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Notes that the primary objective of the ECB’s monetary policy is to maintain price stability, and that the ECB aims at inflation rates of below, but close to, 2 % over the medium term; considers that this definition of price stability should be examined in the context of a new age of globalisation characterised by rising energy and food prices; recalls that the EC Treaty also assigned to the ECB the task of supporting the general economic policies of the Community;