Activities of Mario MAURO

Mario MAURO, Alfredo PALLONE, Diogo FEIO

Motion for a resolution
Recital CB

CB. whereas it must be kept in mind that the introduction in a hasty or not credible way of instruments for common issuance of debt may lead to uncontrollable consequences and the loss of long-term trust in the euro area's capacity to act decisively;deleted

2012/09/26
Committee: ECON

2012/2151(INI)

Motion for a resolution
Annex – part 1 – point 1.1 – paragraph 9 a (new)

The ESM should recapitalise banks directly as soon as legislation on the SSM has been approved. A precise and clear calendar for finalising the banking union should be drawn up.

2012/10/02
Committee: ECON

2012/2151(INI)

Mario MAURO, Alfredo PALLONE, Diogo FEIO

Motion for a resolution
Annex – part 1 – point 1.2 – paragraph 6 a (new)

Specify that a clear calendar for finalising the banking union should be drawn.

2012/10/02
Committee: ECON

2012/2151(INI)

Mario MAURO, Alfredo PALLONE, Diogo FEIO

Motion for a resolution
Annex – part 1 – point 1.3 – paragraph 6

That obligation should be a collective one in the case of Member States whose currency is the euro. A vehicle should be established or designated to provide reassurance that that collective obligation will be met and if required that vehicle needs to be able to intervene directly in institutions under recovery or resolution. That vehicle could be the ESM, as long as recourse to public intervention is activated only in exceptional cases.

2012/10/02
Committee: ECON

2012/2145(INI)

Motion for a resolution
Paragraph 29 a (new)

29a. Stresses that the fundamental right of freedom of religion should form an integral part of the concept of ‘deep and sustainable democracy’ supported in the new ENP package;

2012/10/02
Committee: AFET

2012/2145(INI)

Motion for a resolution
Paragraph - 81 c (new)

- 81c. Advocates the making of greater efforts to significantly improve respect for the right of freedom of religion in the world, which should be one of the foremost priorities in EU human rights initiatives as part of the EU’s external action since it is commonly recognised as being one of the most central human rights guaranteed at international level, and without proper respect for it a society cannot truly call itself ‘free’;

2012/10/02
Committee: AFET

2012/2145(INI)

Motion for a resolution
Paragraph 81

81. Remains deeply concerned that ~~discrimination based~~violations of freedom onf religion or belief continues in many regions of the world, and that persons belonging to particular religious communities, ~~including~~and especially religious minorities, continue to be denied their human rights; is particularly concerned by the situation in China where individuals who practise their religion outside officially sanctioned channels, including Christians, Muslims, Buddhists and Falun Gong practitioners, often face persecution; urges China to ratify the International Covenant on Civil and Political Rights (ICCPR) as it has promised; urges the Chinese authorities to suspend and subsequently amend, through genuinely consultative processes with Tibetans, the policies that most negatively impact Tibetan Buddhism, culture and tradition;

2012/10/02
Committee: AFET

2012/2145(INI)

Motion for a resolution
Paragraph 82

82. Stresses the need for a toolkit to advance the right to freedom of religion or belief as part of EU’s external policy; notes that this toolkit should be ambitious and include a checklist on ~~the necessary freedoms pertaining to~~all the features and facets of exercising the right of freedom of religion or belief and respect for this, in order to assess the situation, as well as a methodology to help identify infringements of freedom of religion or belief and to counteract these; encourages the EEAS to involve the Church, religious communities and civil society organisations in the preparation of ~~the~~such a toolkit, which should be introduced as a matter of urgency;

2012/10/02
Committee: AFET

2012/2145(INI)

Motion for a resolution
Paragraph 82 a (new)

82a. Emphasises that freedom of religion cannot solely be taken to mean immunity from coercion, or freedom to practise one’s own faith in private, but must also mean the fully-safeguarded freedom to do so in public;

2012/10/02
Committee: AFET

2012/2036(INI)

Motion for a resolution
Paragraph 1 – point g

(g) to emphasise the need for a comprehensive reform of the UNSC in order to strengthen its legitimacy, regional representation, accountability and effectiveness;

2012/05/11
Committee: AFET

2012/2036(INI)

Motion for a resolution
Paragraph 1 – point q

(q) to generate further progress on R2P in UN organs, particularly in the UNSC, the UNGA and the UNHRC; to facilitate the debate on how the UN bodies, in particular the UNSC, could utilise this concept to ensure greater cooperation between UN member states in case of crisis; to advance the positive role of regional organisations~~, including the Arab League,~~ in developing and applying an operational approach to R2P;

2012/05/11
Committee: AFET

2012/2036(INI)

Motion for a resolution
Paragraph 1 – point v

(v) to strengthen international efforts aimed at ensuring that all human rights are considered universal, indivisible, interdependent and interrelated; to help strengthen national capacities to deliver on international human rights obligations; in this context, underlines the necessity of devoting particular attention to the right of freedom of religion for all, including Christians: this right is commonly recognised as one of the most central human rights guaranteed at an international level;

2012/05/11
Committee: AFET

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Citation 2 a (new)

- having regard to the presentation by Vice-President Rehn in the Committee on Economic and Monetary Affairs on 23 November 2011 and of the exchange of views with the German Council of Economic Experts on the European redemption fund on 29 November 2011,

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Citation 2 b (new)

- having regard to the report by President of the European Council, Herman Van Rompuy "Towards a Genuine Economic and Monetary Union",

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Citation 2 c (new)

- having regard to the decision of the European Council of 30 June 2012 to explore ways of improving the economic and financial architecture of the eurozone

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Recital A

A. whereas Parliament requested that the Commission submit a report on the ~~pos~~feasibility of introducing ~~euro~~stability bonds, which was an integral part of the agreement between Parliament and the Council on the economic governance package (six pack); ~~whereas the Green Paper, however, proposes neither crisis resolution measures nor ways in which the options presented could be implemented;~~

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Recital B b (new)

Bb. whereas the crisis has demonstrated not only the interdependence between eurozone Member States but also has made clear the need for a more robust fiscal union with effective mechanisms to correct unsustainable fiscal trajectories, macroeconomic imbalances, debt levels and the upper limits of budget balance of Member States;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Recital B c (new)

Bc. whereas it is now recognized that the common issuance of debt is not an immediate response to the present crisis nor an immediate crisis resolution mechanism but just an instrument within a completely functional economic and monetary union to the reinforcement of financial stability and prevention of future sovereign debt crisis;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Recital B d (new)

Bd. whereas the common issuance of debt with joint and several liabilities and an enhanced fiscal integration and budgetary discipline and control are two faces of the same coin;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Recital B e (new)

Be. whereas a substantial part of the national budgetary sovereignty should be transferred to the EU, making the participation on the common debt issuance system conditional on the respect of SGP rules - and on the acceptance of EU powers to requires changes to national budgets when in violation of fiscal rules - so to ensure compliance and prevent moral hazard;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Paragraph 1 a (new)

1a. Welcomes the presentation of the Green Book, which fulfils a long standing requests of the European Parliament; Considers that the possible introduction of stability bonds would be an operation at par in importance with the introduction of the single currency;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Paragraph 1 b (new)

1b. Welcomes the decision of the European Council of 30 June 2012 to explore ways of improving the economic and financial architecture of the euro area; notes that great emphasis is put by the Council on avoiding moral hazard and achieving sound and sustainable public finances;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Paragraph 1 c (new)

1c. Notes that the EFSM, the EFSF and the ESM are the most important firewalls designed so far by the EU; stresses that as a common bond system does not prevent individual country default, the role of the ESM regarding solvency issues shall not be disregarded and reiterates its vital importance to help ring-fencing such system;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Paragraph 1 d (new)

1d. Stresses that fiscal consolidation and structural reforms throughout all Member States are necessary to restore fiscal credibility and are essential to achieve a sustainable balance of payments and sound and sustainable public finances. Restoring sound state finances and carrying out structural reforms should be a prerequisite for introducing a common debt issuance system;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Paragraph 2

2. Welcomes the fiscal consolidation and structural reform efforts undertaken by a number of Member States; acknowledges the difficult and demanding efforts that are being requested to the European citizens but reinforces the need for fiscal consolidation; welcomes that two Member states saw their excessive deficit procedure ended this year;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Paragraph 2 a (new)

2a. Believes that growth is only possible with sound fiscal policies and therefore, and due to the deepen inter-dependence between Member States and the spill-over effects of macroeconomic policies, even those Member States out of assistance programmes should improve their consolidation efforts and structural reform programmes in order to foster competitiveness, growth and employment;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Paragraph 3

3. Is deeply concerned, however, that ~~despite Member States‘ reform and consolidation efforts euro area sovereign bond markets are in distr~~the markets have not acknowledged the considerable efforts towards reforms and consolidation in some Member statess, which is reflected in widening spreads and high interest rate volatility;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Paragraph 4

4. Believes that there is an urgent need to further discuss a longer-term vision for the euro area which ensures sound public finances, sustainable growth and high levels of employment, preventing moral hazard and supporting convergence which is only possible with a qualitative move towards a fiscal union;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Paragraph 4 a (new)

4a. Notes that an integrated budgetary framework is essential to ensure sound fiscal policy, encompassing coordination, joint decision-making, greater enforcement and commensurate steps towards common debt issuance (including short-term funding instruments on a limited and conditional basis, or gradual roll-over into a redemption fund);

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Paragraph 7

7. ~~Believes that the prospect of common bonds can foster stability in the euro area and be an additional element to incentivise compliance with the stability and growth pact~~Reiterates its position that as a necessary precondition for common issuance bonds, a sustainable fiscal framework needs to be in place, aimed at both enhanced economic governance, fiscal discipline and SGP compliance; reiterates its position that sequencing is a key issue involving a ~~binding roadmap, included in the annex,~~roadmap similar to the Maastricht criteria for introducing the single currency; asks for further clarification on the Commission's suggestion to make the common debt issuance conditional, e.g. on the respect of the Stability and Growth Pact;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Paragraph 7 a (new)

7a. Reminds that even under a common bond issuance scheme every Member state is obliged to pay back the entirety of its debt; reminds that common bond issuance are no guarantee against a Member state defaulting on its debt;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Paragraph 7 b (new)

7b. Urges to only consider commonly issued bonds that insure strict seniority status to the holders of these bonds in order to protect the EU taxpayers;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Paragraph 7 c (new)

7c. Notes that most proposals for eurobonds include ways to reduce the access to the bonds for Member states whose budgetary positions spin out of control; urges therefore to maintain mechanisms that are able to help those Member states which are experiencing difficulties in form of a liquidity crisis (as opposed to a solvability crisis) and that are excluded from the common issuance of bonds; believes that the ESM should be maintained for that purpose; urges to make the ESM subject to the Community method;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Paragraph 7 g (new)

7g. Believes that it is essential to establish a roadmap in a two-phase approach: in a short-run exit the current crisis and in a long-run to move towards a fiscal union by completing, strengthening and deepening the economic and monetary union;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Marianne THYSSEN

Motion for a resolution
Paragraph 8

8. Urges Member States to s~~eriously consider~~tudy the option of ~~immediately~~ establishing a temporary European Redemption Fund in order to allow participating countries to reduce excessive debt over a maximum period of 25 years ~~by using the interest rate savings for debt reduction~~;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Paragraph 9

9. Urges Member States to ~~seriously~~ consider the ~~immediate~~ issuance of common short-term debt in the form of eurobills to protect those Member States with fundamentally sustainable fiscal polices from illiquidity runs and the negative feedback loop between sovereign and banking crises;

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Paragraph 10

10. Calls on the Commission to ~~prepare contingency plans allowing a rapid implementation of these schemes~~engage in clarifying the legal restraints to the common issuance of bonds, especially Article 125 TFEU and its implication for three possible issuing modes, which are joint liability, several liability, as well as joint and several liability; Urges the Commission to analyse the possible use of article 352/1 of the TFEU or any other legal basis for the implementation of a partial common debt issuance solution without a necessary Treaty change;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Paragraph 11

11. Believes that, in parallel, there is an urgent need to recapitalise the European banking sector and to further complete financial integration in the EU; calls on the Commission to put forward proposals for a Banking Union with a single financial supervisory authority to oversee systemic financial institutions with pre-emptive intervention powers, a banking resolution regime including a recapitalisation fund and an EU-wide common deposit guarantee scheme;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Paragraph 12 c (new)

12c. Shares the view expressed by the Commission in its Green Paper that the stability of a eurobond system cannot rely solely on the shoulders of a small number of Member states with sustainable finances, and that such system demands a strengthened fiscal union and stronger budgetary discipline and control to prevent moral hazard;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Paragraph 13

13. Believes that if ~~the blue-bond/red- bond system proves to be beneficial to the euro area as a whole, a further step, requiring~~a system of mutualisation of debt is deemed possible and well interwoven in a stability oriented framework, a Treaty change, should be envisaged, which iscould result in the issuance of bonds under joint and several liability;

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Paragraph 13 a (new)

13a. Believes that a system of partial substitution of national issuance (such as the blue/red bonds) might reduce the cost of borrowing for those Member States that have sound and sustainable public finances on the one hand, and might create an incentive for those with excessive debt to reduce it on the other, as the risk associated with red bonds would be higher and interest rates would increase;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Paragraph 14 a (new)

14a. Strengthens that the Commission should study the feasibility of each and all of the options presented in the Annex (both phase 1 and phase 2), which are not necessarily alternative but can be, under certain circumstances, cumulative and concurrent;

2012/07/12
Committee: ECON

2012/2028(INI)

Diogo FEIO, Mario MAURO, Alfredo PALLONE, Marianne THYSSEN

Motion for a resolution
Paragraph 14 b (new)

14b. Is aware that an ever increasing number of proposals for the mutualisation of debt are being made, especially in the academic field; notes that these proposals vary considerably; outlines a chosen number of possible options in the annex;

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 1 - Title

Phase 1 - ~~Immediate measures to exit the~~Short term measure in view of the present sovereign debt crisis

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 1 - Point 1 - Subtitle 1

Option 1. Setting up of a temporary European redemption fund to reduce debt to sustainable levels at affordable interest rates

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 1 - Point 1 - Paragraph 1 - Subparagraph 1

- transfer of debt amounts above the Maastricht reference value of 60 % of GDP to a common fund ~~subject to joint and several liabil~~through a roll-in phase of five years; such transference should be phased and start wityh th~~rough a roll-in phase of five years~~e transfer of only 10% of the debt above the Maastricht threshold of 60% of the GDP; subsequent transfers should be gradual;

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 1 - Point 1 - Paragraph 1 - Subparagraph 2

- limit participation to Member States without an adjustment programme; ~~provide for a phas~~Countries with adjustment program can joing i~~n of Member States that hav~~mmediately but their debts can only be transferred, following a phase-in plan after the successfully complet~~ed an~~ion of the adjustment programme;

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 1 - Point 1 - Paragraph 1 - Subparagraph 3

- oblige Member States to autonomously redeem the transferred debt over a period of maximum 25 years ~~by using the interest rate savings for debt redemption~~, which could be shorter if the growth rate is higher than foreseen;

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 1 - Point 1 - Paragraph 1 - Subparagraph 3 a (new)

- apply strict conditions such as (i) depositing collaterals; (ii) commit to fiscal consolidations plans and structural reforms;

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 1 - Point 1 - Paragraph 1 - Subparagraph 5 a (new)

- provide for transparent and predictable exit procedures for Member States. Staying should be incentivised and therefore exit should be costly; failure to honour commitments during the roll-in phase should immediately stop the roll-in phase and failure to honour commitments at any time should forfeit the collateral deposited with the Fund.

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 1 - Point 2 - Subtitle 2

2.Option 2: Introducing eurobills to protect Member States from illiquidity runs

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 1 - Point 2 - Paragraph 1 - Subparagraph 1 c (new)

- total eurobill issuance can not exceed 10% of country GDP;

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 1 - Point 2 - Paragraph 1 - Subparagraph 2

- maximum maturity of eurobills ~~(amounting to maximum 10% of GDP)~~ of up to one year, which allows for continued monitoring and due to short term maturity frequent renewal of guarantees;

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 1 - Point 2 - Paragraph 1 - Subparagraph 3

- eurobills replace all short-term debt to be issued by Member States which consequently remain solely responsible for issuing their own debt for longer maturities which should be monitored and limited according to each country needs, fiscal situation and debt ratio;

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 1 - Point 2 - Paragraph 1 - Subparagraph 4

- provide for ~~dismissible participation by a decision of the national parliament~~transparent and predictable exit procedures for Member States. Staying should be incentivised and therefore exit should be costly;

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 2 - Title

Phase 2 ~~Blue bond proposal: yearly allocated debt ≤ 60 % of GDP to be issued in common without a Treaty change~~Long term solutions in order to complete the EMU

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 2 - Paragraph 1 a (new)

Progress to phase 2 shall be conditional to the establishment of an enhanced fiscal integration and budgetary discipline and control with effective mechanisms to prevent and correct unsustainable fiscal policies.

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 2 - Paragraph 1 b (new)

A substantial part of the national budgetary sovereignty should therefore be transferred to the EU, making the participation on the common debt issuance system conditional on the respect of SGP rules - and on the acceptance of EU powers to require changes to national budgets when in violation of fiscal rules - so to ensure compliance and prevent moral hazard. Such a progress would ultimately lead to the establishment of a euro area fiscal body equivalent to a treasury office.

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 2 - Paragraph 1 c (new)

Option 1 Common issuance of national debt involving a Treaty change

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 2 - Paragraph 2

The Commission ~~puts forward proposals for the~~shall study and report its conclusions to the European Parliament on the possibility of setting up of a system for the allocation of debt below 60 % of GDP to be issued in common, which is safeguarded by national debt brakes according to principles such as:

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 2 - Paragraph 2 - Subparagraph 2

- strictly limit the amount of debt to be issued ~~under joint and several liabilities to a part of less than 60 % of GDP by prohibiting participating Member States from issuing senior debt outside the common issuance~~to a part of less than 60 % of GDP, possibly even at an upper level that is lower than 60%;

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 3 - Title

~~Phase 3 Common issuance of national debt involving a Treaty change~~deleted

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 3 - Paragraph 1

On the basis of the work of the committee, the Commission puts forward, if appropriate, proposals for a Treaty change (and where necessary, Member States’ constitutional changes) and the setting up of a system for the common issuance of bonds according to the following principles:deleted

2012/07/12
Committee: ECON

2012/2028(INI)

Motion for a resolution
Annex - Phase 3 - Paragraph 1 - Subparagraph 1

~~- limit participation to Member States which comply with the conditions as set out in phase 2;~~deleted

2012/07/12
Committee: ECON

2012/2028(INI)

Herbert DORFMANN, Alfredo PALLONE, Mario MAURO

Motion for a resolution
Annex - Phase 3 - Paragraph 1 - Subparagraph 2

- establish a European debt agency for the issuance of bonds~~, or confer this task to the ESM~~;

2012/07/12
Committee: ECON

2012/0150(COD)

Proposal for a directive
Recital 10

(10) National Authorities should take into account the risk, size ~~and interconnectedness of an institution~~, legal status, nature, scope and complexity of business activity, and interconnectedness of an institution and membership to an IPS as according to Art. 80(8) CRD or other cooperative mutual solidarity systems as according to Art. 80(7) CRD and Art. 3 CRD when applying the requirements under this Directive in the context of recovery and resolution plans and when using the different tools at their disposal, making sure that the regime is applied in an proportionate and appropriate way.

2012/12/20
Committee: ECON

2012/0150(COD)

Herbert DORFMANN, Alfredo PALLONE, Mario MAURO

Proposal for a directive
Article 1 a (new)

Article 1 a The competent authorities shall ensure when establishing and applying the requirements under this Directive and when using the different tools at their disposal to take account of risk, size, legal status interconnectedness, the nature, the scope and the complexity of the activities of institutions and membership to an IPS and other cooperative solidarity systems as according to Art. 80(8) CRD and Art. 3 CRD.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 2 – paragraph 1 – point 1

(1) ‘resolution’ means the restructuring of an institution in order to ensure the continuity of its essential functions, preserve financial stability and restore the viability of all or part of that institution; The resolution phase is formally declared by the resolution authority when conditions are met;

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 2 – paragraph 1 – point 1 a (new)

(1a) ‘early intervention’ means any action taken by a competent authority or by the DGS or by the IPS in consultation with a competent authority before the resolution phase is formally declared.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 2 – paragraph 1 – point 7 a (new)

(7a) ‘IPS’ means an Institutional Protection Scheme meeting the requirements laid down in art. 80(8) of Directive 48/2006/CE.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 3 – paragraph 1

1. Each Member States shall designate one ~~or more~~ resolution authorit~~ies~~y that ~~are~~is empowered to apply the resolution tools and exercise the resolution powers.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 3 – paragraph 6 a (new)

6a. EBA should develop the required standards of expertise, resources and operational capacity and monitor the implementation of this paragraph also through periodical peer reviews. If needed, EBA shall require the designated authorities to take all measures necessary to ensure full compliance with such standards.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 3 – paragraph 7

7. Where a Member State designates more than one authority to apply the resolution tools and exercise the resolution powers, it shall allocate functions and responsibilities clearly between these authorities, ensure adequate coordination between them and designate a single authority as a contact authority for the purposes of cooperation and coordination with the relevant authorities of other Member States.deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 3 – paragraph 8

8. Member States shall inform European Banking Authority (EBA) of the national authority ~~or authorities~~ appointed as resolution ~~authorities and contact~~ authority and, where relevant, their specific functions and responsibilities. EBA shall publish the list of those resolution authorities.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 4 – paragraph 1 – introductory part

1. Having regard to the impact that the failure of the institution could have, due to the legal model of the institution, the nature of its business, its size or its interconnectedness to other institutions or to the financial system in general, on financial markets, on other institutions, on funding conditions, having also regard to the existence of IPS for those institutions which participate in them, Member States shall ensure that competent and resolution authorities determine the extent to which the following apply to institutions:

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 5 – paragraph 1 a (new)

1a. Member States shall ensure that IPSs draw up and maintain a recovery plan for the whole network to the benefice to which they operate. Competent authorities shall refer to IPS for institutions that participate to them.

2013/01/11
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 5 – paragraph 1 b (new)

1b. Institutions which are part of an intra group financial support a arrangements as referred to Article 16 of this directive are exempted to draw up recovery plans at individual level.

2013/01/11
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 9 – paragraph 1 a (new)

1a. Institutions which are part of an intra group financial support arrangements as referred to Article 16 of this directive are exempted to draw up resolution plans at individual level.

2013/01/11
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 14 – paragraph 3

3. Where the resolution authority assesses that the measures proposed by an institution in accordance with paragraph 2 do not effectively reduce or remove the impediments in question, it shall, where necessary and proportionate, subject to paragraph 5 and in consultation with the competent authorities, identify alternative measures that may achieve that objective, and notify in writing those measures to the institution.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 14 – paragraph 5

5. Resolution authorities shall not base a determination in accordance with paragraph 1 on impediments resulting from factors beyond the control of the institution, including: (a) the operational and financial capacity of the resolution authority. and resolution financing arrangements; (b) the absence of agreements pursuant to Article 11 or agreements pursuant to Article 88 with relevant third country authorities.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 14 – paragraph 7 a (new)

7a. Member States shall ensure that: (a) institutions that are affected by the taking of measures by a resolution authority under this article have adequate rights of appeal and review, including judicial review, concerning such decision; (b) necessary legislative measures are taken to remove impediments which exist or arise as a result of compliance with Union or national legislation or regulations.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 18

Article 18 deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 20 – paragraph 1 – point c a (new)

(ca) Member states shall ensure their national laws did not prevent or impede the establishment and maintenance of intra-group support arrangements.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 26 – paragraph 2 – point d

(d) to avoid unnecessary destruction of value and to ~~seek to minimise the cost of resolution~~be the least cost alternative for creditors;

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 28 – paragraph 4

4. Subject to paragraph 3 and by way of derogation from the provisions of paragraph 1, notwithstanding the fact that a company referred to in point(c) or (d) of Article 1 may not meet the conditions established in Article 27 (1) resolution authorities may take resolution action with regards to a company referred to in point (c) or (d) of Article 1 when one or more of the subsidiaries which are institutions comply with the conditions established in Article 27 (1), (2) and (3) and their assets and liabilities represent the majority of the assets and liabilities of the group and action with regard to the company referred to in points (c) or (d) of Article 1 is necessary for the resolution of ~~one or more~~such subsidiaries which are institutions orand for the resolution of the group as a whole.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 29 – paragraph 1 – point c

(c) senior management of the institution under resolution is replaced and a monitoring trustee is appointed by the creditors to control the application of the resolution tool and the management of the institution under resolution;

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 31 – paragraph 4

4. Resolution authorities may apply the asset separation tool and the bail-in tool only in conjunction with another resolution tool an in accordance with Article 31 (3) and (4).

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 37 – paragraph 2 – introductory part

2. Member States shall ensure that resolution authorities may apply the bail-in tool ~~for either of the following purposes~~:

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 37 – paragraph 2 – point a

(a) to recapitalise an institution that meets the conditions for resolution to the extent sufficient to restore its ability to comply with the conditions for authorisation and to carry on the activities for which is authorised under Directive 2006/48/EC or Directive 2004/39/EC;deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 37 – paragraph 3 – subparagraph 1

Member States shall ensure that resolution authorities may apply the bail-in tool for the purpose referred to in point (a) of paragraph 2 only if there is a realistic prospect that the application of that tool, in conjunction with measures implemented in accordance with the business reorganisation plan required by Article 47 will, in addition to achieving relevant resolution objectives, restore the institution in question to financial soundness and long-term viabilitythe powers of bail-in are only applied to eligible liabilities, identified in accordance with Article 39.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 37 – paragraph 3 – subparagraph 2

~~If the condition set out in the first subparagraph is not fulfilled,~~ Member States shall apply any of the resolution tools referred to in points (a), (b) and (c) of Article 31 (2), and the bail-in tool referred to in ~~point (b) of~~ paragraph 2 of this Article, as appropriate.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 37 – paragraph 3 a (new)

3 a. Member States shall ensure that resolution authorities apply the bail-in tool as a last resort measure, in accordance with the resolution objectives specified in Article 26 (2), with a particular view on avoiding unnecessary destruction of value and on minimising losses for creditors.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 38 – paragraph 1

1. Member States shall ensure that the bail- in tool ~~may be~~is applied ~~to all~~only to the liabilities of an institution ~~that are not excluded from the scope of that tool pursuant to paragraph 2.~~ fulfilling the conditions set out in draft regulatory technical standards developed by EBA. EBA shall submit those draft regulatory technical standards to the Commission within twenty four months from the date of entry into force of this Directive. Power is delegated to the Commission to adopt the regulatory technical standards referred to in the first subparagraph in accordance with the procedure laid down in Articles 10 to 14 of Regulation (EU) No1093/2010.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 38 – paragraph 2

~~2. [...]~~deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 38 – paragraph 3

3. Where resolution authorities apply the bail-in tool, they may exclude from the application of the write-down and conversion powers liabilities arising from derivatives that do not fall within the scope of point (d) of paragraph 2, if that exclusion is necessary or appropriate to achieve the objectives specified in points (a) and (b) of Article 26(2).deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 38 – paragraph 4

~~4. The Commission shall be empowered to adopt~~ delegated acts adopted in accordance with Article 103 in order to specify further: (a) specific classes of liabilities covered by point (d) of paragraph 2, and. (b) the circumstances when exclusion is necessary or appropriate to achieve the objectives specified in points (a) and (b) of Article 26(2), having regard to the following factors: (i) the systemic impact of closing out derivative positions in order to apply the debt write-down tool; (ii) the effect on the operation of a Central Counterparty of applying the debt write-down tool to liabilities arising from derivatives that are cleared by the Central Counterparty; and (iii) the effect of applying the debt write- down tool to liabilities arising from derivatives on the risk management of counterparties to those derivatives.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 39 – paragraph 1

1. Member States shall ensure that the institutions maintain, at all times, a ~~sufficient~~n aggregate amount of own funds and eligible liabilities ~~expressed as a~~that is equal or higher than 10 per cent~~age~~ of the total liabilities of the institution that: a) do not qualify as own funds under Section 1 of Chapter 2 of Title V of Directive 2006/48/EC or under Chapter IV of Directive 2006/49/EC; b) are not deposits that are guaranteed in accordance with Directive 94/19/EC; and c) are not guaranteed or covered bonds as defined in Article 22(4) of Council Directive 86/611/EEC.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 39 – paragraph 3

3. The minimum aggregate amount pursuant to paragraph 1 shall be determined on the basis of the following criteria: (a) the need to ensure that the institution can be resolved by the application of the resolution tools including, where appropriate, the bail in tool, in a way that meets the resolution objectives; (b) the need to ensure, in appropriate cases, that the institution has sufficient eligible liabilities to ensure that, if the bail in tool were to be applied the Common Equity Tier 1 ratio of the institution could be restored to a level necessary to sustain sufficient market confidence in the institution and enable it to continue to comply with the conditions for authorisation and to carry on the activities for which is authorised under Directive 2006/48/EC or Directive 2006/49/EC; (c) the size, the business model and the risk profile of the institution; (d) the extent to which the Deposit Guarantee Scheme could contribute to the financing of resolution in accordance with Article 99; (e) the extent to which the failure of the institution would have an adverse effect on financial stability, including, due to its interconnectedness with other institutions or with the rest of the financial system through contagion to other institutions.deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 39 – paragraph 6

6. Resolution authorities shall inform EBA of the minimum amount they have determined for each institution under their jurisdiction. EBA shall report to the Commission by 1 January 2018 at the latest on the implementation of the requirement under paragraph 1. In particular EBA shall report to the Commission whether there are divergences regarding the implementation at national level of that requirementEBA shall report to the Commission by 1 January 2018 at the latest on the implementation of the requirement under paragraph 1.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 39 – paragraph 7

~~7. The Commission shall, by means of~~ delegated acts in accordance with Article 103, adopt measures to specify the criteria provided for in points (a) to (e) of paragraph 3 with possible references to different categories of institutions and related ranges of percentages.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 40 – paragraph 1 – introductory part

1. Resolution authorities may choose to apply the minimum requirement established in Article 39(1) ~~and (3)~~ on a consolidated basis to groups which are subject to consolidated supervision, provided that the following conditions are satisfied:

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 47 – paragraph 1

1. Member States shall require that, within [one month] after the application of the bail-in tool to an institution in accordance with point (a) of Article 37(2), the administrator appointed under Article 46 shall draw up and submit to the resolution authority, the Commission and EBA a business reorganisation plan that satisfies the requirements of paragraphs 2 and 3 of this Article. Where the Union State aid framework is applicable, Member States shall ensure that such plan is compatible with the restructuring plan that the institution is required to submit to the Commission under that framework.deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 47 – paragraph 2

2. A business reorganisation plan shall set out measures aimed at restoring the long term viability of the institution or parts of its business within a reasonable timescale no longer than two years. Those measures shall be based on realistic assumptions as to the economic and financial market conditions under with the institution will operate. The business reorganisation plan shall take account, inter alia, of the current state and future prospects of the financial markets, reflecting best-case and worst- case assumptions. Stress-testing shall consider a ranged of scenarios, including a combination of events of stress and a protracted global recession. Assumptions shall be compared with appropriate sector-wide benchmarks.deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 47 – paragraph 2 – subparagraph 1

A business reorganisation plan shall set out measures aimed at restoring the long term viability of the institution or parts of its business within a reasonable timescale no longer than two years. Those measures shall be based on realistic assumptions as to the economic and financial market conditions under with the institution will operate.deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 47 – paragraph 2 – subparagraph 2

The business reorganisation plan shall take account, inter alia, of the current state and future prospects of the financial markets, reflecting best-case and worst- case assumptions. Stress-testing shall consider a ranged of scenarios, including a combination of events of stress and a protracted global recession. Assumptions shall be compared with appropriate sector-wide benchmarks.deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 47 – paragraph 3

3. A business reorganisation plan shall include the following elements: (a) a detailed diagnosis of the factors and problems that caused the institution to fail or to be likely to fail, and the circumstances that led to its difficulties; (b) a description of the measures aimed at restoring the long-term viability of the institution that are to be adopted; (c) a timetable for the implementation of those measures.deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 47 – paragraph 4

4. Measures aimed at restoring the long- term viability of an institution may include: (a) the reorganisation of the activities of the institution; (b) the withdrawal from loss-making activities; (c) the restructuring of existing activities that can be made competitive; (d) the sale of assets or of business lines.deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 47 – paragraph 5

5. Within one month from the date of submission of the business reorganisation plan, the resolution authority shall assess the likelihood that the plan, if implemented, restores the long term viability of the institution. If the resolution authority is satisfied that the plan would achieve that objective, it shall approve the plan.deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 47 – paragraph 6

6. If the resolution authority is not satisfied that the plan would achieve that objective the resolution authority shall notify the administrator of its concerns and require the administrator to amend the plan in way that addresses those concerns.deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 47 – paragraph 7

7. Within two weeks from the date of receipt of such a notification, the administrator shall submit an amended plan to the resolution authority for approval. The resolution authority shall assess the amended plan, and shall notify the administrator within one week whether it is satisfied that the plan, as amended, addresses the concerns notified or whether further amendment is required.deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 47 – paragraph 8

8. The administrator shall implement the reorganisation plan as agreed by the resolution authority, and shall report every six months to the resolution authority on the progress in the implementation of the plan.deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 47 – paragraph 9

~~9. The administrator shall revise the plan if that is necessary to achieve the aim set out in paragraph 2, and shall submit any such revision to the resolution authority for approval.~~deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 47 – paragraph 10

10. EBA shall develop draft regulatory technical standards to specify further: (a) the elements that should be included in a business reorganisation plan pursuant to paragraph 3; and (b) the contents of the reports pursuant to paragraph 8. EBA shall submit those draft regulatory technical standards to the Commission within twelve months from the date of entry into force of this Directive. Power is delegated to the Commission to adopt the regulatory technical standards referred to in the first subparagraph in accordance with the procedure laid down in Articles 10 to 14 of Regulation (EU) No 1093/2010.deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 82 – paragraph 2

The group resolution authorit~~ies~~y shall co~~mmunicate on request~~ordinate the flow of all relevant information between resolution authorities. In particular, the group level resolution authority shall provide the resolution authorities in other Member States with all the relevant information in a timely manner in view of facilitating the exercise of the tasks referred to in points (b) to (h ) of the second subparagraph of Article 80(1).

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 91 – paragraph 1

1. Member States shall establish financing arrangements for the purpose of enabling each national Deposit Guarantee Scheme under Directive 94/19/EC, for all the institutions authorised in the territory of the Member State, the capability to ensuring the effective application by the resolution authority of the resolution tools and powers. The financing arrangements shall be used only in accordance with the resolution objectives and the principles set out in Articles 26 and 29.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 91 – paragraph 1 a (new)

1 a. Institutional Protection Schemes shall be considered as financing arrangements, provided that they meet the requirements laid down in art. 80(8) of Directive 48/2006/CE.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 93 – paragraph 1

1. Member States shall ensure that, in a period no longer than 105 years after the entry into force of this directive, the available financial means of their financing arrangements reach at least 1% of the amount of covered deposits of all the credit institutions authorised in their territory which are guaranteed under Directive 94/19/EC.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 93 – paragraph 3

3. If, after the initial period of time referred to in paragraph 1, the available financial means diminish below the target level specified in paragraph 2, contributions raised in accordance with Article 94 shall resume until the target level is reached. Where the available financial means amount to less than half of the target level, the annual contributions shall not be less than 0.251% of covered deposits.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 94 – paragraph 2 – point a

(a) ~~if a Member State has availed itself of the option provided for in Article 99(5) of this Directive to use the funds of Deposit Guarantee Scheme for the purposes of Article 92 of this Directive,~~ the contribution from each institution shall be pro-rata to the amount of its liabilities excluding own funds and deposits guaranteed under Directive 94/19/EC with respect to the total liabilities, excluding own funds and deposits guaranteed under Directive 94/19/EC, of all the institutions authorised in the territory of the Member State.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 94 – paragraph 2 – point b

(b) if a Member State has not availed itself of the option provided for in Article 99(5) to use the funds of the Deposit Guarantee Scheme for the purposes of Article 92, the contribution from each institution shall be pro-rata to the total amount of its liabilities, excluding own funds, with respect to the total liabilities, excluding own funds, of all the institutions authorised in the territory of the Member State.deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 94 – paragraph 2 – point c

(c) the contributions calculated under (a) ~~and (b)~~ shall be adjusted in proportion to the risk profile of institutions, in accordance with the criteria adopted under paragraph 7 of this Article.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 94 – paragraph 3

3. The available financial means to be taken into account in order to reach the target level specified in Article 93 may include payment commitments which are fully backed by collateral of low risk assets unencumbered by any third party rights, at the free disposal and earmarked for the exclusive use by the resolution authorities for the purposes specified in the first paragraph of Article 92. ~~The share of irrevocable payment commitments shall not exceed 30% of the total amount of contributions raised in accordance with this Article.~~

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 94 – paragraph 5

5. The amounts raised in accordance with this Article shall only be used for the purposes specified in Article 92 of this Directive, and~~, where Member States have availed themselves of the option provided for under Article 99(5) of this Directive,~~ for the purposes specified in Article 92 of this Directive or for the repayment of deposits guaranteed under Directive 94/19/EC.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 94 – paragraph 7 – point d

~~(d) the probability that the institution enters into resolution;~~deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 95 – paragraph 1

1. Where the available financial means are not sufficient to cover the losses, costs or other expenses incurred by the use of the financing arrangements, Member States shall ensure that extraordinary ex post contributions not exceeding 0.25% of covered deposits per calendar year are raised from the institutions authorised in their territory, in order to cover the additional amounts. These extraordinary contributions shall be allocated between institutions in accordance with the rules set out in Article 94(2). However, such contributions shall not exceed an annual affordability threshold for contributions set by the financing arrangement. The credit institution may entirely or partially be exempted from the obligation referred to in the second subparagraph if this would jeopardise the settlement of claims of other creditors against it. Such exemption shall not be granted for a longer period than 6 months but may be renewed on request of the credit institution.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 99 – paragraph 4

4. The contribution from the deposit guarantee scheme for the purpose of paragraph 1 shall be ~~made in cash~~proportionate to the situation and the need to maintain stability of the financial system.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 99 – paragraph 5

5. Member States ~~may also~~ provide that the available financial means of deposit guarantee schemes established in their territory may be used for the purposes of Article 92(1), provided that the deposit guarantee schemes comply, where applicable, with the provisions laid down in Articles 93 to 98.

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 99 – paragraph 7

7. Where Member States avail themselves of the option provided for under paragraph 5 of this Article, the deposit guarantee schemes shall be considered as financing arrangements for the purpose of Article 91. In that case Member States may abstain from establishing separate funding arrangements.deleted

2012/12/20
Committee: ECON

2012/0150(COD)

Proposal for a directive
Article 99 – paragraph 8 – subparagraph 1

~~Where a Member State avails itself of the option provided for in paragraph 5,~~ the following priority rule shall apply to the use of available financial means of the deposit guarantee scheme.

2012/12/20
Committee: ECON

2011/2185(INI)

Mario MAURO, Tunne KELAM, Elena BĂSESCU, Anna ZÁBORSKÁ, Carlo CASINI

Motion for a resolution
Recital D

D. whereas freedom of conscience, religion, opinion and expression without the risk of state punishment ~~is a~~are core universal right~~, for which the availability of diverse sources of information is a necessary part~~s;

2012/02/22
Committee: AFET

2011/2185(INI)

Mario MAURO, Tunne KELAM, Elena BĂSESCU, Anna ZÁBORSKÁ, Carlo CASINI

Motion for a resolution
Paragraph 26

26. Stresses the importance of a political support process not simply focussed on the period immediately before and after elections, but based on continuity; welcomes the HR/VP's attention to ‘deep democracy’, which links democratic processes with human rights, freedom of expression and association, the rule of law and good governance; underlines that in this context the right to religious freedom should also be assigned a duly prominent role; in fact such a right is generally recognized as one of the most fundamental of all human rights;

2012/02/22
Committee: AFET

2011/2185(INI)

Mario MAURO, Tunne KELAM, Elena BĂSESCU, Anna ZÁBORSKÁ, Carlo CASINI

Motion for a resolution
Paragraph 38

38. Considers that the ‘Arab Spring’ has served to demonstrate the inadequacy of the EU's policies hitherto to effectively support people's strong desire for accountable and representative government in countries where this is denied; welcomes therefore the Joint Communications by the Commission and the HR/VP on ‘A new response to a changing Neighbourhood’ and ‘A partnership for democracy and shared prosperity with the Southern Mediterranean’, and the approach taken of shared commitments and mutual accountability, stronger conditionality, differentiation of policies, the advancing of multilateral and sub-regional cooperation and the principle of further involving civil society; takes the opportunity to stress that the 'Arab Spring' would become a paradox and fail in the face of the expectations of many if it developed in a direction that denies the rights of religious minorities, including Christians;

2012/02/22
Committee: AFET

2011/2185(INI)

Mario MAURO, Tunne KELAM, Elena BĂSESCU, Anna ZÁBORSKÁ, Carlo CASINI

Motion for a resolution
Paragraph 63

63. Urges the Council and Commission to develop a toolkit on the advancement of the right to freedom of religion or belief in the EU's external policy, including instruments to concretely support all religious and ethnic minorities in the different areas and to foresee mechanisms to identify infringements, and to involve civil society organisations in its preparation; welcomes the EU's action in various UN forums against intolerance and discrimination based on religion or belief and its unwavering and principled stance against the resolutions on combating defamation of religions; stresses in particular the importance of engaging in a constructive dialogue with the Organisation of the Islamic Conference (OIC) on this issue;

2012/02/22
Committee: AFET

2011/2179(INI)

Draft opinion
Paragraph 6 a (new)

6a. Calls for such a strategy to include as one of its main priorities the development of south-south trade, the creation of regional markets and reduction of trade tariffs and barriers between countries in the region;

2012/02/10
Committee: AFET

2011/2179(INI)

Mario MAURO, Marco SCURRIA

Draft opinion
Paragraph 6 b (new)

6b. Underlines that innovation, energy, education and tourism are key areas for growth where synergies and regional cooperation could and should be strengthened in order to create sustainable growth in the Mediterranean region;

2012/02/10
Committee: AFET

2011/2174(REG)

Parliament's Rules of Procedure
Annex I (new) – Article 3 (new)

Article 3 Conflicts of interest 1. A conflict of interest exists where a Member has a personal interest that could improperly influence the performance of his or her duties as a Member of the European Parliament. A conflict of interest does not exist where a Member benefits only as a member of the general public or of a broad class of persons. 2. Any Member who finds that he or she has a conflict of interest shall immediately take the necessary steps to address it, in accordance with the principles and provisions of this Code of Conduct. If the Member is unable to resolve the conflict of interest, he or she shall report this to the President in writing. In cases of ambiguity, the Member may seek advice from the Advisory Committee on the Conduct of Members, established under Article 7. 3. Without prejudice to paragraph 2, Members shall disclose, before speaking or voting in Plenary or in one of Parliament's bodies, or if proposed as a rapporteur, any actual or potential conflict of interest in relation to the matter under consideration, where such conflict is not evident from the information declared pursuant to Article 4. Such disclosure shall be made in writing or orally to the chair during the parliamentary proceedings in question.

2011/11/07
Committee: AFCO

2011/2174(REG)

Mario MAURO, Marco SCURRIA

Parliament's Rules of Procedure
Annex I (new) – Article 5 (new)

Article 5 Gifts or similar benefits 1. Members shall, acting in good faith, refrain from accepting any gifts or similar benefits in the performance of their duties, except those with an obvious value of less than EUR 150 given in accordance with courtesy usage or those given to them in accordance with courtesy usage when they are representing Parliament in an official capacity. 2. Any gifts or similar benefits given to Members, pursuant to paragraph 1, when they are representing Parliament in an official capacity shall be handed over to the President and dealt with in accordance with implementing measures to be laid down pursuant to Article 9.

2011/11/07
Committee: AFCO

2011/2157(INI)

Mario MAURO, Sergio BERLATO, Potito SALATTO, Raffaele BALDASSARRE, Roberta ANGELILLI, Licia RONZULLI, Marco SCURRIA, Antonio CANCIAN, Sergio Paolo Francesco SILVESTRIS

Motion for a resolution
Paragraph 4 a (new)

4a. Considers that full and effective respect for the freedom of religion (at individual, collective, public, private and institutional level) should be identified as a priority, particularly for all religious minorities present in the region, together with the need to provide specific assistance for these groups;

2011/10/11
Committee: AFET

2011/2024(INI)

Lara COMI, Roberta ANGELILLI, Marco SCURRIA, Vito BONSIGNORE, Giovanni LA VIA, Amalia SARTORI, Alfredo ANTONIOZZI, Gabriele ALBERTINI, Erminia MAZZONI, Barbara MATERA, Mario MAURO

Motion for a resolution
Paragraph 1

1. Stresses that the recognition process under the general system and the automatic system based on professional experience is overly cumbersome and time-consuming for both competent authorities and those who pursue certain professionals;

2011/09/22
Committee: IMCO

2011/2024(INI)

Lara COMI, Roberta ANGELILLI, Marco SCURRIA, Vito BONSIGNORE, Giovanni LA VIA, Amalia SARTORI, Alfredo ANTONIOZZI, Gabriele ALBERTINI, Erminia MAZZONI, Barbara MATERA, Mario MAURO

Motion for a resolution
Paragraph 4 a (new)

4a. Calls on the Commission, moreover, to evaluate the option of supplementing the provisions laid down in the second paragraph of Article 5(2) of the directive with the establishment for all professions of a benchmark proportionate to the number of times a service is provided (or number of days’ work) by local professionals in the host state;

2011/09/22
Committee: IMCO

2011/2024(INI)

Lara COMI, Roberta ANGELILLI, Marco SCURRIA, Vito BONSIGNORE, Giovanni LA VIA, Amalia SARTORI, Alfredo ANTONIOZZI, Gabriele ALBERTINI, Erminia MAZZONI, Barbara MATERA, Carlo FIDANZA, Mario MAURO, Salvatore IACOLINO

Motion for a resolution
Paragraph 5

5. Stresses that compensation measures, which allow competent authorities to impose an aptitude test or an adaptation period of up to three years and play an invaluable role in ensuring consumer and patient safety, can be applied in a disproportionate manner; calls for enhanced transparency of ~~decision-making for professionals and an evaluation of the Code of Conduct to assist competent authorities~~the protocols concerning recognition procedures for professionals once the specific nature of the individual professions has been evaluated;

2011/09/22
Committee: IMCO

2011/2024(INI)

Lara COMI, Roberta ANGELILLI, Marco SCURRIA, Vito BONSIGNORE, Giovanni LA VIA, Amalia SARTORI, Alfredo ANTONIOZZI, Gabriele ALBERTINI, Erminia MAZZONI, Barbara MATERA, Carlo FIDANZA, Mario MAURO

Motion for a resolution
Paragraph 8

8. Stresses that Member States should regulate professions in a more proportionate manner, with a view to reducing the total number of regulated professions in the EU, setting aside the healthcare sector and the tourism professions, owing to their specific, distinctive and atypical features;

2011/09/22
Committee: IMCO

Proposal for a regulation
Annex IV – part A – point II – point c

2012/06/06
Committee: AFET

2011/0406(COD)

Proposal for a regulation
Annex IV – part A – point II – point c a (new)

(ca) Urban and territorial management and slum upgrading.

2012/06/06
Committee: AFET

2011/0406(COD)

Proposal for a regulation
Annex V – part B – paragraph 3 – point a

(a) interventions in partner countries which support vulnerable and marginalised groups in least developed countries by improving local governance and providing basic services delivered through ~~civil society organis~~local authorities, and by facilitating their participations and ~~local authorities;~~representation in local life and in the development process through civil society organisations.

2012/06/06
Committee: AFET

2011/0406(COD)

Proposal for a regulation
Annex V – part B – paragraph 5

Local authorities encompass a large variety of sub-national levels and branches of government, i.e. municipalities, communities, districts, counties, provinces, regions ~~etc~~, and their associations at national, regional and global level.

2012/06/06
Committee: AFET

2011/0405(COD)

Proposal for a regulation
Recital 23 a (new)

(23a) In the context of the present Instrument it will be necessary to devote particular attention to the right to freedom of religion. Such right is commonly recognised as one of the most central among the human rights guaranteed at the international level and without its proper respect a society cannot truly call itself 'free'.

2012/06/15
Committee: AFET

2011/0405(COD)

Proposal for a regulation
Article 7 – paragraph 9

9. In the event of crises or threats to democracy, the rule of law, human rights and fundamental freedoms, including, in particular, key fundamental freedom of expression, freedom of religion, freedom of conscience, freedom of assembly and freedom of association, or of natural or man-made disasters, an ad hoc review of the programming documents may be conducted. Such emergency review shall ensure that coherence between Union support provided under this Regulation and support provided under other Union financial instruments is maintained. An emergency review may lead to the adoption of revised programming documents. Where this is the case, the Commission shall send the revised programming documents to the European Parliament and to the Council for information within one month of their adoption.

2012/06/15
Committee: AFET

2011/0405(COD)

Proposal for a regulation
Article 17

Without prejudice to the provisions on the suspension of aid in partnership and cooperation agreements and association agreements with partner countries and regions, where a partner country fails to observe the principles of democracy, the rule of law and respect for human rights and fundamental freedoms, including, in particular, key fundamental freedoms such as freedom of expression, freedom of religion, freedom of conscience, freedom of assembly and freedom of association, the Union shall invite the country concerned to hold consultations in view of finding a solution acceptable to both parties, except in cases of special urgency. Where consultation with the country concerned does not lead to a solution acceptable to both parties, or if consultations are refused or in case of special urgency, the Council may take appropriate measures in accordance with Article 215(1) of the Treaty on the Functioning of the European Union, which may include full or partial suspension of Union support.

2012/06/15
Committee: AFET

2011/0300(COD)

Proposal for a regulation
Article 4 – paragraph 1 – point c

(c) the project involves at least two Member States, either by directly crossing the border of one or more Member States or by being located on the territory of one Member State and having a significant cross-border impact both on Member States and/or third countries as set out in point 1 of Annex IV;

2012/05/08
Committee: ITRE

2011/0300(COD)

Proposal for a regulation
Article 10 – paragraph 1

1. To increase transparency for all stakeholders concerned, the competent authority shall, within nine months of the entry into force of this Regulation, publish a manual of procedures for the permit granting process applicable to projects of common interest. The manual shall be updated as necessary and made available to the public. The manual shall at least include the information specified in point 1 of Annex VI. This provision is without prejudice to the national transparency and public consultation procedure in place at national level.

2012/05/08
Committee: ITRE

2011/0300(COD)

Proposal for a regulation
Article 12 – paragraph 1

1. Within ontwelve months of the entry into force of this Regulation, the ENTSO for Electricity and the ENTSO for Gas shall submit to the Agency and the Commission their respective methodology, including on network and market modelling, for a harmonised energy system-wide cost- benefit analysis at Union-wide level for projects of common interest falling under the categories set out in points 1(a) to (d) and 2 of Annex II. The methodology shall be elaborated in line with the principles laid down in Annex V.

2012/05/08
Committee: ITRE

2011/0300(COD)

Alfredo PALLONE, Roberta ANGELILLI, Mario MAURO

Proposal for a regulation
Article 14 – paragraph 1

1. Where a project promoter incurs higher risks for the development, construction, operation or maintenance of a project of common interest falling under the categories set out in points 1 and 2 of Annex II, except for hydro-pumped electricity storage projects, compared to the risks normally incurred by a comparable infrastructure project, and where such risks are not covered under an exemption pursuant to Article 36 of Directive 2009/73/EC or Article 17 of Regulation (EC) No 714/2009, national regulatory authorities shall ensure that appropriate incentives are granted to that project when applying Article 37(8) of Directive 2009/72/EC, Article 41(8) of Directive 2009/73/EC, Article 14 of Regulation (EC) No 714/2009, and Article 13 of Regulation (EC) No 715/2009. This paragraph is without prejudice to the incentives schemes already provided under the national legislation.

2012/05/08
Committee: ITRE

2011/0261(CNS)

Proposal for a directive
Article 1 – paragraph 4 – point a a (new)

(aa) government bond transactions

2012/03/08
Committee: ECON

2011/0261(CNS)

Alfredo PALLONE, Roberta ANGELILLI, Mario MAURO

Proposal for a directive
Article 2 – paragraph 1 – point 1 – point b

(b) the transfer between entities of a group of the right to dispose of a financial instrument as owner and any equivalent operation implying the transfer of the risk associated with the financial instrument, in cases not subject to point (a);deleted

2012/03/08
Committee: ECON

2010/2291(ACI)

Mario MAURO, Potito SALATTO, Oreste ROSSI, Sergio BERLATO

Proposal for a decision
Paragraph 7

7. ADoes not approves conclusion of the agreement ~~below~~ and decides to ~~annex it to its Rules of Procedure~~reopen the negotiations;

2011/04/01
Committee: AFCO

2010/2233(INI)

Laima Liucija ANDRIKIENĖ, Andrey KOVATCHEV, Mario MAURO, Timothy Charles Ayrton TANNOCK, Fiorello PROVERA, Norica NICOLAI, Sir Graham WATSON

Motion for a resolution
Paragraph 4a (new)

4a. Encourages the EU to examine and propose, together with the Gulf Cooperation Council, solutions for removing the obstacles to the full and effective exercise of the fundamental right of religious freedom, both individually and collectively and in both public and private spheres, for members of minority religions in the region;

2010/12/02
Committee: AFET

2010/2124(INI)

Ernst STRASSER, Mario MAURO, Elmar BROK

Motion for a resolution
Paragraph 18 a (new)

18a. considers the question of freedom of religion or belief worldwide a key issue for the CFSP; stresses that it is not only a core human right, but also an instrument to tackle religiously motivated discrimination and violence and thus contributes to political and societal stability; therefore calls on the VP/HR to develop, as a matter of urgency, an EU strategy on the enforcement of the human right to freedom of religion or belief;

2011/03/07
Committee: AFET

2010/2124(INI)

Motion for a resolution
Paragraph 39 a (new)

39a. Welcomes the steps taken by both sides of the Taiwan Strait, which resulted in the signing of the Economic Cooperation Framework Agreement (ECFA) and an agreement on intellectual property rights in June 2010; given that the expansion of cross-strait economic relations is in the interest of both sides and of the EU, strongly supports the enhancement of EU-Taiwan economic ties and the signing of an EU-Taiwan Economic Cooperation Agreement; reiterates its firm view to support Taiwan's meaningful participation as an observer in relevant international organizations and activities, such as UNFCCC, WHO and ICAO;

2011/03/07
Committee: AFET

2010/2020(INI)

Giovanni COLLINO, Giovanni LA VIA, Barbara MATERA, Sergio Paolo Francesco SILVESTRIS, Mario MAURO

Proposal for a recommendation
Paragraph 1 – point i

(i) to urge the Vice-President/High Representative to build a more cohesive position among EU Member States on the reform of the UN Security Council and to advance this position at the UN; to emphasise that an EU seat in the Security Council remains a ~~long-term~~ goal of the European Union, ~~provided this is achieved without detriment to the influence and weight of EU Member States within this body~~in the context of an enlarged Security Council,

2010/03/01
Committee: AFET

2010/2004(BUD)

Motion for a resolution
Paragraph 10

10. Stresses that youth is tremendously important both now and for the future of the EU, and that it should be given particular attention in the course of defining our mid-and long-term priorities; points out that youth, in all its related aspects, represents a key resource ~~for EU and should be seen as a cross-polic~~on which the EU should focus and which should be seen as a cross-sectoral and multidisciplinary theme;

2010/02/26
Committee: BUDG

2010/2004(BUD)

Giovanni COLLINO, Giovanni LA VIA, Barbara MATERA, Sergio Paolo Francesco SILVESTRIS, Mario MAURO

Motion for a resolution
Paragraph 11

11. Stresses that youth policyies must be defined broadly~~, encompassing the ability of individuals to cha~~ and take the following concerns into account: a) mobility, in the form of freedom of movement for young people throughout the European Union and the possibility of varyinge positions and status several times throughout their lives, switching without restriction ~~among~~between different settings such as apprenticeships, and academic ~~or professional environ~~and working environments; b) formal, non-formal and peer learning, including via agreed methodologies for the assessments and v~~ocational training~~alidation of these tools; c) the development of new professional skills, and particularly those linked to research and technological innovation;

2010/02/26
Committee: BUDG

2010/2004(BUD)

Giovanni LA VIA, Giovanni COLLINO, Barbara MATERA, Sergio Paolo Francesco SILVESTRIS, Mario MAURO

Motion for a resolution
Paragraph 11a new

11a. Believes that instruments promoting the study of languages and intercultural dialogue must be introduced and form the centrepiece of public sector youth measures; these could generate an increase in awareness of European issues among the public, aimed at the acquisition of an increasingly rooted European identity;

2010/02/26
Committee: BUDG

2010/2004(BUD)

Giovanni COLLINO, Giovanni LA VIA, Barbara MATERA, Sergio Paolo Francesco SILVESTRIS, Mario MAURO

Motion for a resolution
Paragraph 14

14. Underlines that mobility, as a freedom enshrined in the treaties and an essential condition for the functioning of a genuine internal market within the EU, must be regarded as aone of the prerequisites for all support actions in favour of youth; ~~considers innovation and research to be empty shells if mobility is not fully granted, and is determined to shape the EU budget as a lever for increased~~stresses, therefore, the importance of structuring the EU budget to reflect, inter alia, the increase in youth mobility;

2010/02/26
Committee: BUDG

2010/2004(BUD)

Giovanni COLLINO, Giovanni LA VIA, Barbara MATERA, Sergio Paolo Francesco SILVESTRIS, Mario MAURO

Motion for a resolution
Paragraph 15

15. Is of the opinion that support for entrepreneurship and SMEs is a cornerstone of EU policy on youth ~~and innovation; recalls that it has put forward~~; moreover, despite recalling the relevance of the several pilot projects and preparatory actions ~~in recent years~~conducted with the aim of supporting young entrepreneurs, ~~promoting~~believes that suitable budgetary resources must be channelled towards further projects in support of youth enterprise start-ups and entrepreneurial creativity, developing in particular the culture of entrepreneurship, not least in view of the change in the global economic environment, encourages interconnections between SMEs ~~and~~, calls for enhanc~~ing~~ed worker mobility, and underlines that it will closely monitor the legislative proposals to be presented following the completion of these projects and actions;

2010/02/26
Committee: BUDG

2010/2004(BUD)

Giovanni LA VIA, Giovanni COLLINO, Barbara MATERA, Sergio Paolo Francesco SILVESTRIS, Mario MAURO

Motion for a resolution
Paragraph 32 a new

32a. Emphasises that the continuing process of ageing in agriculture dictates that efforts be made towards generational turnover, with a view to keeping agriculture competitive and able to meet the new environmental challenges post-Copenhagen;

2010/02/26
Committee: BUDG

2010/2004(BUD)

Giovanni LA VIA, Giovanni COLLINO, Barbara MATERA, Sergio Paolo Francesco SILVESTRIS, Mario MAURO

Motion for a resolution
Paragraph 35 a new

35a. Believes it essential, as part of furthering an Area of Freedom, Security and Justice, to strengthen the policy on immigration and support for the integration of immigrants. To that end, considers that action to harmonise the immigration policies of individual Member States must be viewed as a political priority for EU action, with a view to firmly balancing security demands and the defence of fundamental human rights;

2010/02/26
Committee: BUDG

2010/2002(BUD)

Salvatore IACOLINO, Simon BUSUTTIL, Mario MAURO, Wim van de CAMP

Motion for a resolution
Paragraph 36 a new

36a. Points to the need for better-funded action to improve conditions for prisoners, in particular in jails known to be overcrowded, not least because there are convicts from third countries, as stated in Parliament's resolution of 25 November 2009 on the Stockholm Programme; points to the need for priorities to include the appropriate social inclusion measures, with schemes for reintegration into society, as provided for in that programme;

2010/05/12
Committee: BUDG

2010/2002(BUD)

Salvatore IACOLINO, Simon BUSUTTIL, Mario MAURO, Wim van de CAMP

Motion for a resolution
Paragraph 36 b new

36b. Considers that anti-drugs action should be stepped up - with suitable funding - through prevention and rehabilitation, without prejudice, where necessary, to measures to lessen the harm caused;

2010/05/12
Committee: BUDG

2010/2002(BUD)

Mario MAURO, Giovanni LA VIA, Sergio Paolo Francesco SILVESTRIS, Giovanni COLLINO, Barbara MATERA

Motion for a resolution
Paragraph 37

37. Takes note, in this respect, of the Commission's communication on an Action Plan to implement the Stockholm Programme, and welcomes, in the field of immigration and support for the integration of immigrants, the proposed increase in CA for the External Borders Fund (254 million, +22 %) and the European Return Fund (114 million, + 29 %); this requires the Commission to reinforce all programmes aimed at dealing with migration issues in the countries of origin;

2010/05/12
Committee: BUDG

2010/2002(BUD)

Mario MAURO, Giovanni LA VIA, Sergio Paolo Francesco SILVESTRIS, Giovanni COLLINO, Barbara MATERA

Motion for a resolution
Paragraph 50 a new

50a. Stresses the need to increase the Community budget for funding measures designed to address migration phenomena, with a view to improving the management of legal migration, slowing down illegal migration and optimising the impact of migration on development;

2010/05/12
Committee: BUDG

2010/0816(NLE)

Ingeborg GRÄSSLE, Jacek SARYUSZ-WOLSKI, Mario MAURO

Proposal for a decision – amending act
Article 3 – paragraph 4

4. The EEAS shall extend appropriate support and cooperation to the other institutions and bodies of the Union, in particular to the European Parliament. The EEAS may also benefit from the support and cooperation of these institutions and bodies, including agencies as appropriate. In addition, the EEAS shall cooperate with the European Office for the Fight against Fraud (OLAF) in accordance with Regulation (EC) N° 1073/1999. It shall in particular swiftly adopt the decision required by this Regulation on terms and conditions for internal investigations. As provided in this Regulation, Member States, in accordance with national provisions, and institutions shall give the necessary support to enable the OLAF’s agents to fulfil their task.

2010/07/01
Committee: AFET

2010/0816(NLE)

Ingeborg GRÄSSLE, Jacek SARYUSZ-WOLSKI, Mario MAURO

Proposal for a decision – amending act
Article 5 – paragraph 1

1. The decision to open or close a delegation shall be adopted by the High Representative, ~~after consulting~~in agreement with the Council and the Commission~~. The decision to close a delegation shall be adopted by the High Representative, in agreement with the Council and the Commission~~ after consulting the European Parliament.

2010/07/01
Committee: AFET

2010/0816(NLE)

Ingeborg GRÄSSLE, Jacek SARYUSZ-WOLSKI, Mario MAURO

Proposal for a decision
Article 7 – paragraph 3 b (new)

3b. In order to ensure the budgetary transparency in the area of external action of the Union, the Commission will transmit to the budgetary authority, together with the Draft EU Budget, a working document presenting, in a comprehensive way, all expenditure related to the external action of the Union. This document will in particular contain: - the establishment plans of the Union's Delegations displayed by grade and by category including contract and local agents, - a line-by-line presentation of the expenditure related to the external action of the Union per country and per mission.

2010/07/01
Committee: AFET

2010/0816(NLE)

Ingeborg GRÄSSLE, Jacek SARYUSZ-WOLSKI, Mario MAURO

Proposal for a decision
Article 8 – paragraph 4

4. With regard to the European Development Fund and the Development Cooperation Instrument, any proposals, including those for changes in the basic regulations and the programming documents in paragraph 3 above, shall be prepared jointly by the relevant services in the EEAS and in the Commission uand~~er the direct supervision and guidance~~ after consulting the European Parliament under the responsibility of the Commissioner responsible for Development Policy and then jointly submitted with the High Representative for decision by the Commission. Thematic programmes, except the European Instrument for Democracy and Human Rights, as well as the Instrument for Nuclear Safety Cooperation, shall be prepared by the appropriate Commission Service under the guidance of the Commissioner responsible for Development and presented to the College in agreement with the High Representative and other relevant Commissioners.

2010/07/01
Committee: AFET

2009/2215(INI)

Francisco José MILLÁN MON, Mario MAURO, Georgios KOUMOUTSAKOS

Motion for a resolution
Recital A a (new)

Aa. whereas, in accordance with Article 8 of the Treaty on European Union, the Union shall develop a special relationship with neighbouring countries, aiming to establish an area of prosperity and good neighbourliness, founded on the values of the Union and characterised by close and peaceful relations based on cooperation,

2010/03/31
Committee: AFET

2009/2215(INI)

Francisco José MILLÁN MON, Mario MAURO, Georgios KOUMOUTSAKOS

Motion for a resolution
Recital B

B. whereas the European Union must adopt a strategic view of its relations with its southern neighbours and ~~move bey~~not focus ond cooperation driven solely by ~~considerations pertaining to security and mig~~short-term or one-dimensional considerations,

2010/03/31
Committee: AFET

2009/2215(INI)

Francisco José MILLÁN MON, Mario MAURO, Georgios KOUMOUTSAKOS

Motion for a resolution
Recital E

E. whereas, for the last 15 years or so, Mediterranean countries have been developing new trading and economic partners (Russia, China, Brazil and the Gulf monarchies) and their societies have been undergoing radical changes (in terms of consumption patterns, mobility, demographic transitions and so on) with implications for internal ~~territorial~~ balances,

2010/03/31
Committee: AFET

2009/2215(INI)

Francisco José MILLÁN MON, Mario MAURO, Georgios KOUMOUTSAKOS

Motion for a resolution
Recital M

M. having regard to the need to avoid any duplication or overlap of existing political instruments or institutional levels, to ensure consistency among the numerous instruments for Euro-Mediterranean cooperation and to build on the achievements of the Barcelona Process, the achievements and successful elements of which must be reinforced by the Union for the Mediterranean, as mentioned in the Declaration of the Paris Summit of 2008,

2010/03/31
Committee: AFET

2009/2215(INI)

Francisco José MILLÁN MON, Mario MAURO, Georgios KOUMOUTSAKOS

Motion for a resolution
Paragraph 1

1. Calls on the heads of state and government within the UfM, who will meet in Barcelona on 7 June 2010, to do their utmost – after two difficult years – to make this meeting a success, with a view to setting up the UfM’s institutions ~~and~~, implementing major projects and making progress on all the components of Euro- Mediterranean cooperation;

2010/03/31
Committee: AFET

2009/2215(INI)

Francisco José MILLÁN MON, Mario MAURO, Georgios KOUMOUTSAKOS

Motion for a resolution
Paragraph 2

2. Calls on the governments of the UfM member countries to establish an ongoing and open political dialogue characterised by mutual respect and understanding, and reaffirms its desire to see the promotion of democracy and respect for human rights and individual and collective freedoms made ~~the~~a central focus of that dialogue;

2010/03/31
Committee: AFET

2009/2215(INI)

Francisco José MILLÁN MON, Mario MAURO, Georgios KOUMOUTSAKOS

Motion for a resolution
Paragraph 8 a (new)

8a. Reiterates that the UfM needs to give priority attention to the structured management of migratory flows; considers that the Euromed Ministerial Conference on Migration, held in Albufeira on 19 November 2007, should be continued through regularly holding further ministerial conferences;

2010/03/31
Committee: AFET

2009/2215(INI)

Francisco José MILLÁN MON, Mario MAURO, Georgios KOUMOUTSAKOS

Motion for a resolution
Paragraph 8 b (new)

8b. Recalls the importance of what is known as the fourth chapter of Euro- Mediterranean cooperation (on migration, social integration, justice and security) and highlights the need for the Union for the Mediterranean to drive forward cooperation on this chapter;

2010/03/31
Committee: AFET

2009/2215(INI)

Motion for a resolution
Paragraph 9 a (new)

9a. Stresses the need to fully integrate respect for the fundamental right to religious freedom within the scope of the Union for the Mediterranean, making it a priority to ensure the protection of the rights of religious minorities in the countries involved in the initiative;

2010/03/31
Committee: AFET

2009/2215(INI)