17 Amendments of Thierry CORNILLET related to 2017/2226(INI)
Amendment 2 #
Motion for a resolution
Citation 15 a (new)
Citation 15 a (new)
- having regard to the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union;
Amendment 22 #
Motion for a resolution
Recital B a (new)
Recital B a (new)
B a. whereas according to the debt sustainability analysis done by the Commission the aggregate public debt is projected to decrease slightly under 85 % of GDP by mid-2020, it is under the same scenario projected to increase again in the second half of the 2020 due to the costs of ageing resulting in public debt levels far above 60 % of GDP for the foreseeable future, while these public debt developments vary significantly across member states, due to a different composition of the population and a wide variance in the implementation of structural reforms;
Amendment 26 #
Motion for a resolution
Recital B b (new)
Recital B b (new)
B b. whereas the size of government debt can be affected both by contingent and implicit liabilities;
Amendment 36 #
Motion for a resolution
Recital C a (new)
Recital C a (new)
C a. whereas according to Eurobarometer EU companies, particularly small and young ones, have a rather negative opinion of the quality of public administration and the ease of formalities linked to running a business;
Amendment 79 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Takes note of the publication of the 2018 Annual Growth Survey (AGS) package and the proposed policy mix of investment, structural reform and fiscal consolidation, presented as a way to further promote higher growth levels and to strengthen European recovery and upward convergence; is optimistic that if Member States accelerate the implementation of structural reforms to modernise their economies and sustain sound public finances the objectives of increased growth and job creation can be achieved;
Amendment 88 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Highlights, however, the persistent structural problem of insufficient growth of potential output and productivity, flanked by too low a level of investments and wages, leading to persistent social inequalities in some Member States; is concerned that the EU will embark on a path of low growth for a long time if it does not tackle the structural problems in the internal market;
Amendment 107 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Stresses the importance of a wage increase at European level in order to boost private consumption as the main support for growth; points out the need to focus on the interaction between monetary, fiscal and incomes (including wage and profit development) policies rather than only fiscal issudevelopments in line with productivity; points out the need to focus on the interaction between monetary, fiscal and structural policies to be prepared for an environment of phasing out of unconventional monetary policy measures and rising interest rates;
Amendment 126 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Welcomes the improvements in public finances, in particular the gradually declining debt/GDP ratiopublic debt levels for the EU and euro area and falling headline budget deficits; recalls that, while many Member States have limited fiscal leeway forcautions against too much optimism as the costs of ageing may lead to an increase in public debt levels in the medium-term; recalls that Member States need to implementing sustainable, growth- friendly structural reforms, some Member States still have large surpluses which should be used to sustain investments and growth across the EU to sustain sound public finances in the medium to long term and to create the conditions for investments and growth across the EU; calls on the Commission to broaden its debt sustainability analysis of Member States by including contingent, implicit and other off-budget obligations, and make them public;
Amendment 152 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Recalls the importance of publicabolishing barriers to investment for boosting and leveraging investment in the EU; considers that the policy mix proposed in the AGS 2018 should be further developed to remedy the current decrease in public investment in the EUconcretely address barriers to investment such as rigidities in labour and product markets, high administrative and tax burden, and inefficient public administration; highlights that this decrease also affects local and regional authorities, threatening their ability to deliver quality public services;
Amendment 177 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Underlines that the European Semester and the Country-Specific Recommendations should achieve the objectives set out in the Pillar of Social Rightsbe fully implemented; recalls that over the past years around 50 % of CSRs have not been implemented or only with limited progress while full implementation is below 10 %;
Amendment 190 #
Motion for a resolution
Paragraph 7 a (new)
Paragraph 7 a (new)
7 a. Considers that, as a consequence of the non-binding character of Country- Specific Recommendations regarding structural reforms, responsibility for the consequences of non-implementation remains with the Member States; takes the view that the sharing of the burden of the consequences is conditional to the implementation of the Country-Specific Recommendations;
Amendment 200 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Insists on the need to develop within the European semester a comprehensive strategy to support investment that enhances environmental sustainability; recalls on the Commission, in this respect, to demonstrate how its statement that ‘the SDGs are now fully integrated importance of credible fiscal rules for regaining the Semester’ (Commission communication of 22 May 2017, COM(2017)0500) is reflected in Annual Growth Survey 2018 and will be reflected in the subsequent Semester procesrust of financial markets, which is fundamental to attract investments;
Amendment 232 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Regrets thatNotes the overall neutral fiscal stance proposed in the recommendations for the euro area, even though the fiscal stance is expected to be slightly expansionary in a number of Member States in 2018, does not appear to fully support the strengthening of economic growth and job creation; stresses the importance of independent fiscal surveillance by national fiscal councils;
Amendment 279 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Considers that the tools availabproper enforcement of EU fiscal rules and Single Mare not yet equal to the task of fullyket legislation would significantly improve addressing the EU’s cyclical and structural problems, in particular the need to strengthen inclusive growth and productivity, to boost job creation, promote convergence, support sustainable investments and enhance resilience to shocks;
Amendment 292 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Underlines that a fiscal capacity – on top of existing capacities, and not through redeployments that would undermine the vital role currently played by structural funds and cohesion policy – representresilient economy and sound public finances with adequate buffers to deal with cyclical downturns are necessary tool for increasing incentives for convergence ands to counter asymmetric or symmetric economic shocks;
Amendment 342 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Highlights the importance of an improved European Semester process, including the formalisation of the euro area aggregate fiscal stance as a key tool for policy formulation and implewhich would allow for a proper enforcement process of the fiscal and economic policy recommentdation across the EMU; calls for a broader reform of the Stability and Growth Pact (SGP) in order to improve its flexibility, to incorporate the differentiated treatment of investments and to introduce the concept of aggregate fiscal stances; stresses the need for prudent fiscal policies in anticipation of rising interest rates;
Amendment 362 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Underlines that any further step towards a deepening of the EMU must go hand in hand with stronger democratic controls; insists that, to this end, the role of the European Parliament and national parliaments must be strengthened; asks to include trade unions in the negotiationconsult the social partners in the process at both national and European level; urges the launch of the long- awaited negotiation of an interinstitutional agreement (IIA) on the Semester;