Activities of Olle SCHMIDT related to 2013/2145(BUD)
Shadow opinions (1)
OPINION on General budget of the European Union for the financial year 2014 - all sections
Amendments (6)
Amendment 5 #
Draft opinion
Paragraph 1
Paragraph 1
1. Notes the economic and financial crisis is continuing to grip Europe. Given that simultaneous austerity measures across many Member States is leading to contraction, the EU budget needselements of the Union budget which enhance economic growth and employment need to be boosted for the EUnion to be able provide stronger counter- cyclical stabilizsation.
Amendment 14 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3 a. Acknowledges that the European Parliament has been strongly in favour of the creation of the ESAs and believes that the Authorities are key actors in order to create more stable and safer financial markets. The European Union needs stronger and better coordinated supervision at the European level.
Amendment 15 #
Draft opinion
Paragraph 4
Paragraph 4
4. Stresses the additional tasks already delegated to the European Supervisory Authorities (ESAs), as well as future tasks envisaged in the legislative proposals yet to be agreed, which will require commensurate budgetary increases in order for them to fulfil their supervisory role in a satisfactory manner; recalls its position that the European Supervisory Authorities (ESA) need independent budget lines and should become less financially independent upon contributions from their national member authorities;
Amendment 18 #
Draft opinion
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Concludes that the current financing of ESAs, with a mixed-financing arrangement, is inflexible, creates administrative burden, and poses a threat to the agencies' independence.
Amendment 19 #
Draft opinion
Paragraph 4 b (new)
Paragraph 4 b (new)
4b. Calls for the Commission to explore options for a new long-term sustainable financing of the ESAs, which safeguards its independence in the next review of the Agencies' work and financing arrangements; the Commission shall present the review of the agencies by 2 January 2014.
Amendment 25 #
Draft opinion
Paragraph 9
Paragraph 9