BETA

20 Amendments of Olle SCHMIDT related to 2013/2134(INI)

Amendment 2 #
Motion for a resolution
Citation 5 a (new)
- having regard to the European Parliament legislative resolution of 5 July 2011 on the proposal for a directive of the European Parliament and of the Council amending Directive 97/9/EC of the European Parliament and of the Council on investor-compensation schemes (COM(2010)0371 – C7-0174/2010 – 2010/0199(COD))- Schmidt report);
2013/07/17
Committee: ECON
Amendment 12 #
Motion for a resolution
Recital A
A. whereas the economic, social, financial and sovereign debt crises have not yet abated and the objective of a more balancedstable and integrated Economic and Monetary Union (EMU) remains an unattained ambition;
2013/07/17
Committee: ECON
Amendment 15 #
Motion for a resolution
Recital B
B. whereas the Commission's country- specific recommendations (CSRs) contain some useful insights, but on the whole fail to convince in terms of the balance of the policy prescriptions across policy areas;deleted
2013/07/17
Committee: ECON
Amendment 24 #
Motion for a resolution
Recital B a (new)
Ba. Welcomes the Commission's country- specific recommendations (CSRs), however concludes that the methods to achieve the objectives laid down in the recommendations should be left to the Member States to decide upon;
2013/07/17
Committee: ECON
Amendment 25 #
Motion for a resolution
Recital B b (new)
Bb. whereas it is important to safeguard the role of the social partners and respect different national practises and institutions for wage formation when implementing the European semester;
2013/07/17
Committee: ECON
Amendment 31 #
Motion for a resolution
Recital C
C. whereas urgent action is required in many areas, inter alia in restoringthe need for structural reforms, the completion of the Single market and the need to increase lending to the real economy and SMEs, in fighting tax fraud and aggressive tax planning, and in seeking effective European solutions to unemployment and thus also significantly enhancing the social dimension of EMU;
2013/07/17
Committee: ECON
Amendment 40 #
Motion for a resolution
Recital F
F. whereas, although in the case of Member States under a financial assistance programme recommendations have been strictly enforced, the level of compliance by the rest of the Member States with previous CSRs is extremely low;
2013/07/17
Committee: ECON
Amendment 42 #
Motion for a resolution
Recital G a (new)
Ga. whereas the single market and the cohesion of the EU must be secured.
2013/07/17
Committee: ECON
Amendment 48 #
Motion for a resolution
Paragraph 1
1. Welcomes the Commission's recognition that ‘to be successful, policies need not only to be well designed but to have political and social support’, and that Europe needs, beyond fiscal consolidation, real growth, strengthened competiveness, structural reforms and specific and urgent action to tackle the unacceptably high levels of unemployment and in particular youth unemployment;
2013/07/17
Committee: ECON
Amendment 118 #
Motion for a resolution
Paragraph 11
11. Welcomes the use by the Commission of the margin of manoeuvre offered by the revised SGP to extend the deadlines for the correction of excessive deficits in seven procedures; calls on the Commission and the Council to ensure that the content and the calendar of the fiscal adjustment path are adapted to the specificity of each country and, particularly in ‘deficit’ countries, include the aforementioned margin of manoeuvre and the full use of structural funds, sound and sustainable structural reforms and the identification of investments (namely in the CSR) essential to boost competitiveness; calls on the Commission to clarify as a matter of urgency the ways in which to accommodate, under certain conditions, non-recurrent, public investment programmes with a proven impact on the sustainability of public finances;
2013/07/17
Committee: ECON
Amendment 129 #
Motion for a resolution
Paragraph 12
12. Welcomes the Commission's statement that ‘surplus’ countries have a role to play in overcoming the current crisis, not only by reducing taxes and social security contributions but also by developing wages in order to boost sustainable domestic demand and promoting new investment opportunities; stresses the importance of the positive spill-over effects which these actions will have across the EU;
2013/07/17
Committee: ECON
Amendment 139 #
Motion for a resolution
Paragraph 13
13. Urges the Commission to develop a genuine European industrial policy and a coherent European external trade policy, based on freciprocitye trade and shared minimum standards, in particular in social and environmental matters; believes that it is only by intelligently managing its interface with ‘globalisation’ that Europe can guarantee growth, jobs and, for several Member States, the recommended progressive reallocation of resources away from non-tradable sectors into tradable sectors;
2013/07/17
Committee: ECON
Amendment 151 #
Motion for a resolution
Paragraph 15
15. Calls on the Commission to submit legislative proposals to complete the EMU through a social pillar, as the national automatic stabilisers are blocked in the Member States where they are most needed; stresses that a social scoreboard is needed as a building block of this pillar;
2013/07/17
Committee: ECON
Amendment 162 #
Motion for a resolution
Paragraph 16
16. Agrees that the ECB's action has ‘decisively contributed to the stability of the euro area’, limiting speculation on sovereign debt; considers, however, that insufficient growth and high (and still growing) levels of private and public debt in many Member States mean that ‘a carefully managed process of deleveraging’ is required; calls on the Commission, therefore, to quickly deliver its 2-pack commitments to Parliament in order to deepen the analysis on the partial substitution of national debt issuance through joint issuance in the form of a redemption fund and eurobills;
2013/07/17
Committee: ECON
Amendment 169 #
Motion for a resolution
Paragraph 17
17. Stresses that the financing of the real economy, and of SMEs in particular, has not been restored on the EU's periphery; points out that major differences in access to credit further stimulate the growing internal divergence trends in the EU and euro area in particular and destroy the internal market through unfair competition conditions; points out also that negative economic prospects only partially justify such restrictive credit constraints; calls for closer monitoring of the banking sector practices in financing the real economy, in particular economically viable SMEs; calls for the Commission to prioritise work on alternative sources of financing for SMEs, in particular through the structural funds, the European Investment Bank, the European Investment Fund and public development banks;
2013/07/17
Committee: ECON
Amendment 183 #
Motion for a resolution
Paragraph 18
18. Urges the Commission to submit a legislative proposal to createMember States, the Commission and the European Parliament to agree swiftly on the creation of a Single Resolution Mechanism (including a Single European Authority and an industry financed Single European Fund), which is essential for completing the Banking Union; urges the Council to rapidly conclude negotiations with Parliament on the Deposit Guarantee Schemes Directive, the Investor Compensation Directive and on the Banking Recovery and Resolution Directive (to be negotiated in parallel);
2013/07/17
Committee: ECON
Amendment 193 #
Motion for a resolution
Paragraph 19
19. Calls for direct banking recapitalisation by the European Stability Mechanism (ESM) to be available as soon as all the pillars of the Banking Union – namely the Single Supervisory Mechanism and the Deposit Guarantee and Recovery and Resolution frameworks – are in place; given the urgency of having a Single Resolution Fund to accompany the SSM, supports the immediate frontloading of the ESM to feed the SRF, with a reimbursement period by industry; believes that the ESM facility must reinforce the EU budget and be managed under the Community method;deleted
2013/07/17
Committee: ECON
Amendment 206 #
Motion for a resolution
Paragraph 21
21. Calls on the Council to conclude the negotiations for the Financial Transaction Tax and to include in its agenda, as a matter of urgency, the convergence of tax systems within the EU;deleted
2013/07/17
Committee: ECON
Amendment 222 #
Motion for a resolution
Paragraph 23
23. Stresses that the European Semester must in no way jeopardise the prerogatives of the National Parliaments; urges the Commission to ensure the proper formal involvement of National Parliaments and the European Parliament in all the steps of the European Semester process in order to increase the legitimacy of decisions which affect all citizens;
2013/07/17
Committee: ECON
Amendment 226 #
Motion for a resolution
Paragraph 24
24. Stresses the need to strengthen the democratic accountability to National Parliaments of essential elements of the euro area's operation, such as the ESM, Eurogroup decisions and the monitoring and evaluation of financial assistance programmes;
2013/07/17
Committee: ECON