6. By derogation from paragraph 5, subject to the availability of resources, in exceptional circumstances the amount of the loan support may be increased, considering the needs of the requesting Member State, as well as requests for loan support already submitted or planned to be submitted by other Member States, while applying the principles of equal treatment, solidarity, proportionality and transparency. To facilitate the application of these principles, Member States shall communicate to the Commission within 30 days after [the entry into force of this amending Regulation], whether they intend to request loan support.; furthermore, under Article 21 of Regulation (EU) 2021/241, Member States may request that planned loan resources that have not yet been committed, as well as national and EU cohesion policy resources from the 2014-2020 period that have not yet been committed under legally binding commitments, be reallocated to the REPowerEU chapter;

2022/09/21
Committee: REGI

2022/0118(COD)

Raffaele STANCANELLI, Carlo FIDANZA, Giuseppe MILAZZO, Pietro FIOCCHI, Sergio BERLATO, Nicola PROCACCINI, Vincenzo SOFO, Raffaele FITTO

Proposal for a regulation
Recital 2

(2) Therefore, it should be possible for the European Maritime and Fisheries Fund (EMFF) established by Regulation (EU) No 508/2014 of the European Parliament and of the Council3 to support specific measures to mitigate the effects of the market disruption caused by the military aggression of Russia against Ukraine on the supply chain of fishery and aquaculture products. Those measures should comprise financial compensation to recognised producer organisations and associations of producer organisations which store fishery or aquaculture in accordance with Articles 30 and 31 of Regulation (EU) No 1379/2013 of the European Parliament and of the Council4 , and financial compensation to operators of the fishery and aquaculture sector, including the processing sector and the whole supply chain, for their income forgone, and for additional costs they incurred due to the market disruption caused by the military aggression of Russia against Ukraine and its effects on the supply chain of fishery and aquaculture products. Expenditure for operations supported under those measures ~~should~~will be eligible as of 24 February 2022, which is the date of the start of the military aggression of Russia against Ukraine. _________________ 3 Regulation (EU) No 508/2014 of the European Parliament and of the Council of 15 May 2014 on the European Maritime and Fisheries Fund and repealing Council Regulations (EC) No 2328/2003, (EC) No 861/2006, (EC) No 1198/2006 and (EC) No 791/2007 and Regulation (EU) No 1255/2011 of the European Parliament and of the Council (OJ L 149 20.5.2014, p. 1). 4 Regulation (EU) No 1379/2013 of the European Parliament and of the Council of 11 December 2013 on the common organisation of the markets in fishery and aquaculture products, amending Council Regulations (EC) No 1184/2006 and (EC) No 1224/2009 and repealing Council Regulation (EC) No 104/2000 (OJ L 354 28.12.2013, p. 1).

2022/06/16
Committee: PECH

2022/0118(COD)

Raffaele STANCANELLI, Carlo FIDANZA, Giuseppe MILAZZO, Pietro FIOCCHI, Sergio BERLATO, Nicola PROCACCINI, Vincenzo SOFO, Raffaele FITTO

Proposal for a regulation
Recital 3

(3) It should also be possible for the EMFF to support financial compensation for the temporary cessation of fishing activities where the military aggression of Russia against Ukraine jeopardises the security of fishing activities and in the event that the consequences have an economic impact that does not allow the normal performance of fisheries activities for the operators and the entire supply chain. Such temporary cessation should occur as of 24 February 2022, which is the date of the start of the military aggression of Russia against Ukraine.

2022/06/16
Committee: PECH

Anna FOTYGA, Hermann TERTSCH, Bert-Jan RUISSEN, Witold Jan WASZCZYKOWSKI, Angel DZHAMBAZKI, Charlie WEIMERS, Assita KANKO, Raffaele FITTO

Motion for a resolution
Paragraph 14 a (new)

14 a. Is deeply concerned at the situation in the East China Sea, where Beijing has escalated tensions by declaring its own air defence identification zone (ADIZ), conducted military exercises in an attempt to intimidate Taipei, and pursue an aggressive and sustained campaign to undermine Taiwan’s democratic process and popular support for the current Taiwanese government through disinformation campaigns and other influence operations and that continuation of such practices makes Beijing an unreliable actor which actions need to be halted in order to save the international rule based order, stability and peace in Indo-Pacific region,

2021/05/27
Committee: AFET

Raffaele FITTO

Proposal for a regulation
Article 1 – paragraph 1 – point 52

(iv) the holder of the instrument has exercised the option to require that the obligation be settled in equity shares, unless one of the following conditions is met:

2022/08/11
Committee: ECON

2021/0342(COD)

Raffaele FITTO

Proposal for a regulation
Article 1 – paragraph 1 – point 52

Regulation (EU) No 575/2013
Article 133 – paragraph 3

3. Equity exposures, other than those referred to in paragraphs 3a and 4 to 7, shall be assigned a risk weight of 250 %, unless those exposures are required to be deducted or risk-weighted in accordance with Part Two.

2022/08/11
Committee: ECON

2021/0342(COD)

Raffaele FITTO

Proposal for a regulation
Article 1 – paragraph 1 – point 52

REGULATION (EU) No 575/2013
Article 133 – paragraph 3 a (new)

3a. Exposures to equity listed on regulated markets shall be assigned a risk weight of 100%. Private equity exposures in sufficiently diversified portfolios shall be assigned a risk weight of 190% unless those exposures are required to be deducted.

2022/08/11
Committee: ECON

2021/0342(COD)

Raffaele FITTO

Proposal for a regulation
Article 1 – paragraph 1 – point 52

Regulation (EU) No 575/2013
Article 133 – paragraph 6

6. Equity exposures to central banks shall be assigned a risk weight of 100 %.

2022/08/11
Committee: ECON

Proposal for a directive
Article 1 – paragraph 1 – point 32 a (new)

(32a) in Article 143(1), point c) is replaced by the following: ‘(c) the general criteria and methodologies they use in the review and evaluation referred to in Article 97, including the criteria for applying the principle of proportionality as referred to in Article 97(4); ~~https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02013L0036-20220101~~For the latter criteria and in respect to, at least, for small and non-complex institutions as defined in Article 4, paragraph 1, point 145 of Regulation (EU) No 2019/876 a positive impact on proportionality needs to be achieved by providing the following elements be unambiguously published in addition to the existing ones: (i) a simplified approach to individuate material risks (ii) simplified approaches to quantify the single material risks under Chapter 2 (review processes) Section II (arrangements, processes and mechanisms of institutions) Sub-Section 2 (technical criteria concerning the organisation and treatment of risks) and under Article 98 of these Directive (iii) guidance on scope, methodologies, scenario and data for small and non- complex institutions’ stress testing;’ Or. en

2022/08/22
Committee: ECON

2021/0341(COD)

Raffaele FITTO

Proposal for a directive
Article 3 – paragraph 1 – subparagraph 3 a (new)

The provisions necessary to comply with the amendments set out in Article 1, point (20), on suitability assessment shall apply from [OP please insert the date = 24 months from date of application of this amending Directive].

2022/08/22
Committee: ECON

Raffaele FITTO

Proposal for a directive
Recital 3 a (new)

(3a) One of the five cohesion policy objectives for the period 2021-2027 is that of a greener Europe by promoting investment in clean energy, the circular economy, climate change mitigation and sustainable transport. Cohesion policy funds should therefore target preventing any increase in disparities, helping those regions bearing the heaviest transition burden, encouraging investment in infrastructure, and training workers in new technologies to ensure no one is left behind.

2022/03/23
Committee: REGI

2021/0218(COD)

Raffaele FITTO

Proposal for a directive
Recital 3 b (new)

(3b) The ERDF will have to support promoting energy efficiency and a reduction in greenhouse gas emissions; promote renewable energy; the development of smart energy systems and networks, and promote sustainable, multimodal, urban mobility, in the context of the transition towards a net zero carbon economy; the ESF+ has to contribute to improvements in education and training systems necessary for the adaptation of skills and qualifications, the upskilling of all, including the labour force, the creation of new jobs in sectors related to the environment, climate, energy, the circular economy and the bioeconomy (Article 4 of the ESF+ Regulation)

2022/03/23
Committee: REGI

2021/0218(COD)

Raffaele FITTO

Proposal for a directive
Recital 3 c (new)

(3c) Renewable energy communities are a key tool for promoting the widespread use of renewable energy sources and achieving a decentralised energy system while ensuring local economic and social benefits. Initiatives for (collective) self-generation and (collective) self-consumption in dwellings and at district level should be facilitated by reducing permitting, administrative difficulties or other factors inhibiting grid access, grid fees, and enhancing the deployment of technologies such as solar, thermal and photovoltaic, wind and geothermal technologies. To this end the Commission and the Member States are requested to use their respective cohesion policy plans to encourage financing of infrastructure and instruments that will benefit these processes.

2022/03/23
Committee: REGI

2021/0218(COD)

Raffaele FITTO

Proposal for a directive
Recital 3 d (new)

(3d) Recognises the important role cohesion policy plays in contributing to helping island regions achieve climate neutrality goals, bearing in mind the additional costs connected to sectors such as energy and transport, as well as the impact of mobile technology on their energy systems, which require a level of investment for management of intermittent renewable energy sources that is, proportionately speaking, very high;

2022/03/23
Committee: REGI

Raffaele FITTO

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

(da) paragraph 1 is amended as follows: Member States, in particular, shall take the appropriate measures to ensure that: a) administrative procedures are streamlined and expedited at the appropriate administrative level and predictable timeframes established for the procedures cited in the first paragraph; (b) rules on permitting, certification and licensing are objective, transparent and proportional, do not discriminate amongst applicants and take full account of the particular features of the individual renewable energy technologies; (c) administrative charges paid by consumers, planners, architects, builders and installers and suppliers of apparatus and systems are transparent and cost- related; (d) simplified and less burdensome permitting procedures, including a simple notification procedure, are established for decentralised devices, and for producing and storing energy from renewable sources, provided that the same simplified permitting procedures are also applied to developments in the associated transmission and distribution network in the event that said developments do not increase the occupied area; (e) the permitting procedures for power plants, including offshore renewable plants, and for the network assets necessary for their connection and integration are integrated or coordinated where different procedures for power plants and network assets are foreseen according to national law.

2022/03/23
Committee: REGI

2021/0218(COD)

Raffaele FITTO

Proposal for a directive
Article 1 – paragraph 1 – point 10

Directive (EU) 2018/2001
Article 20 – paragraph a

2. In addition to the requirements in [the proposal for a Regulation concerning batteries and waste batteries, repealing Directive 2006/66/EC and amending Regulation (EU) No 2019/1020], Member States shall ensure that manufacturers of domestic, community and industrial batteries enable real-time access to basic battery management system information, including battery capacity, state of health, state of charge and power set point, to battery owners and users as well as to third parties acting on their behalf, such as building energy management companies and electricity market participants, under non- discriminatory terms and at no cost.

2022/03/23
Committee: REGI

Raffaele FITTO

Proposal for a directive
Article 1 – paragraph 1 – point 12 – point b

~~By way of derogation from~~According to the previous subparagraph~~, for the first years of operation of Regulation [CBAM]~~s, the production of these products shall benefit from free allocation in reduced amounts as from the year after the CBAM has been positively tested. A factor reducing the free allocation for the production of these products shall be applied (CBAM factor). The CBAM factor shall be equal to 100 % for the period during the entry into force of [CBAM regulation] and the end of 2025, 90 % in 2026 and shall be reduced by 10 percentage points each year to reach 0 % by the tenth year.

2022/03/04
Committee: ENVI

2021/0211(COD)

Raffaele FITTO

Proposal for a directive
Article 1 – paragraph 1 – point 12 – point c – point iii

Directive 2003/87/EC
Article 10a – paragraph 2 – subparagraph 4

By way of derogation regarding the benchmark values for aromatics, hydrogen and syngas, those benchmark values shall be adjusted by the same percentage as the refineries benchmarks in order to preserve a level playing field for producers of those products.;

2022/03/04
Committee: ENVI

2021/0211(COD)

Raffaele FITTO

Elżbieta KRUK, Raffaele FITTO, Izabela-Helena KLOC, Andżelika Anna MOŻDŻANOWSKA, Krzysztof JURGIEL, Waldemar TOMASZEWSKI

12b. Calls for increased coordination and cooperation between the research and development institutions of Member States, especially those facing similar risks; calls for enhanced early warning systems in Member States and the creation and strengthening of links between the various early warning systems;

2021/02/03
Committee: REGI

2020/2087(INI)

Elżbieta KRUK, Raffaele FITTO, Izabela-Helena KLOC, Andżelika Anna MOŻDŻANOWSKA, Krzysztof JURGIEL, Waldemar TOMASZEWSKI

Motion for a resolution
Paragraph 12 c (new)

12c. Suggests that Member States identify investments, projects and tools in their National Recovery and Resilience Plans in order to prevent and limit damage from natural and health disasters;

2021/02/03
Committee: REGI

2020/2087(INI)

Elżbieta KRUK, Raffaele FITTO, Izabela-Helena KLOC, Andżelika Anna MOŻDŻANOWSKA, Krzysztof JURGIEL, Waldemar TOMASZEWSKI

Motion for a resolution
Paragraph 19

19. Considers that the establishment of a SEAR may have the advantage of some flexibility, but notes that, in its current form, the EUSF allocation remains uncertain, since it depends on the amounts mobilised by the EAR; undertakes, accordingly, closely to monitor the management of the SEAR in order to see whether the funding amount and allocation key provided for in this new financial instrument meet the needs of the EUSF, in view of the extension of its scope and the scale and proliferation of emergencies resulting, in particular, from ~~climate change~~natural disasters, climate change and the health emergency;

2021/02/03
Committee: REGI

2020/2087(INI)

Elżbieta KRUK, Raffaele FITTO, Izabela-Helena KLOC, Andżelika Anna MOŻDŻANOWSKA, Krzysztof JURGIEL, Waldemar TOMASZEWSKI

Motion for a resolution
Paragraph 22

22. Notes with regret that it takes on average one year for the entire grant to reach the beneficiary and that the Fund cannot therefore, under the current conditions, claim to act as an instrument for rapid intervention; calls on the Commission to expedite payment procedures and to explore ways tof simplify~~ing~~ and make flexible, as much as possible, the administrative procedures required to access aid, in order to relieve disaster- stricken regions or countries from unnecessary administrative burdens;

2021/02/03
Committee: REGI

2020/2087(INI)

Elżbieta KRUK, Raffaele FITTO, Izabela-Helena KLOC, Andżelika Anna MOŻDŻANOWSKA, Krzysztof JURGIEL, Waldemar TOMASZEWSKI

Motion for a resolution
Paragraph 23

23. Believes that, in the future, the EUSF budget will have to be increased in order to make it a real tool for EU solidarity; to this end, believes that the EUSF is not only used for damage repair but also for resilience in relation to climate change, natural disasters and public health emergencies in order to exit stronger from the disaster situation;

2021/02/03
Committee: REGI

2020/2087(INI)

Elżbieta KRUK, Raffaele FITTO, Izabela-Helena KLOC, Andżelika Anna MOŻDŻANOWSKA, Krzysztof JURGIEL, Waldemar TOMASZEWSKI

Motion for a resolution
Paragraph 26

26. Calls on the Commission to strengthen synergies between the EUSF and cohesion funds, as well as with the UCPM, with a view to effective and structured risk management in the short, medium and long term, not only through the construction of sustainable, energy- and resource-efficient infrastructure, but also through the deployment of preventive measures; also calls on the Commission to demonstrate flexibility with programming and amending of nationals operational programmes when they comes to dealing with natural disasters;

2021/02/03
Committee: REGI

2020/2076(INI)

Raffaele FITTO

Draft opinion
Paragraph 1

1. ~~Recall~~Stresses that while the EU’'s industrial future is ~~linked to an alignm~~connected to the principles of the European Green Deal too, account needs to be takent of the econom~~y with the principles of the European Green Deal,~~ic and employment repercussions of the COVID-19 pandemic in a roadmap towards a new growth policy for the EU, bringing ~~citizens, cities and regions together, and allowing for a just transition~~businesses, SMEs in particular, stakeholders, regions and local authorities together, and allowing for a just transition without further penalising the EU's economic and productive system;

2020/06/15
Committee: REGI

2020/2076(INI)

Raffaele FITTO

Draft opinion
Paragraph 1 a (new)

1a. Considers that as a consequence of the effects of the COVID-19 pandemic, the EU, together with the Member States, needs to implement strategies and actions that will help safeguard its economic, productive and social fabric, protecting SMEs in particular;

2020/06/15
Committee: REGI

2020/2076(INI)

Raffaele FITTO

Draft opinion
Paragraph 2

2. ~~Not~~Stresses that investment in innovative means of production should foster cohesion amongst all EU regions, ~~allowing them to accomplish fair and inclusiv~~while respecting their individual characteristics and diversity, allowing them to accomplish fair, inclusive and realistically sustainable economic growth;

2020/06/15
Committee: REGI

2020/2076(INI)

Raffaele FITTO

Draft opinion
Paragraph 3 a (new)

3a. Hopes that access to financing will be guaranteed through procedures that ensure greater flexibility and simplicity, improving the administrative procedures and procedural stages linked to implementation, certification and checks;

2020/06/15
Committee: REGI

2020/2076(INI)

Raffaele FITTO

Draft opinion
Paragraph 3 b (new)

3b. States that, in the implementation of Green Deal policies and funds, in particular funds for a just transition, each Member State shall direct national support policies towards the promotion and rewarding of virtuous behaviour by businesses, in particular SMEs, rather than penalising the various productive sectors present in their economic systems through burdens and obligations;

2020/06/15
Committee: REGI

2020/2076(INI)

Raffaele FITTO

Draft opinion
Paragraph 4

4. Reiterates that the public sector has an important new role to play in facilitating a just transition by promoting a green and fair energy transition, green and blue investments, the circular economy, as well as climate adaptation and risk prevention in all EU regions; considers therefore that the co-financing costs of the various ESI funds need to be excluded from calculations of the Stability and Growth Pact;

2020/06/15
Committee: REGI

2020/2076(INI)

Raffaele FITTO

Draft opinion
Paragraph 4 a (new)

4a. Hopes, given the importance of the public sector, to see e-government capacities developed in Member States, including the single digital gateway, through programmes, investment and exchange of best practice;

2020/06/15
Committee: REGI

2020/2076(INI)

Raffaele FITTO

Draft opinion
Paragraph 6

6. Believes that the EU should be attentive to preserving and developing an industrial strategy and production which ensure European strategic autonomy in the geopolitical context, as well as the availability and delivery of essential products and equipment for citizens if the need arises in the single market;

2020/06/15
Committee: REGI

2020/2076(INI)

Raffaele FITTO

Draft opinion
Paragraph 6 a (new)

6a. Observes that the services sector plays a fundamental role in a successful European industrial strategy, and considers the creation of an internal services market useful therefore, along with a strategy on a digital single market;

2020/06/15
Committee: REGI

2020/2076(INI)

Raffaele FITTO

Draft opinion
Paragraph 6 b (new)

6b. Believes that a European industrial strategy cannot be successful without a properly functioning single market; urges the Commission to implement and monitor state aid measures, and mergers, in order to prevent market distortions occurring in the medium to long term;

2020/06/15
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK

Motion for a resolution
Recital B

B. whereas cohesion policy is as an important policy tool to support ~~gender~~ equality between men and women;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK

Motion for a resolution
Recital C

C. whereas promoting ~~gender~~ equality between men and women is important to reduce regional economic and social disparities and for ensuring the long-term sustainable development of regions;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK

Motion for a resolution
Recital E

E. whereas gender-disaggregated data and the adoption of appropriate selection procedures are considered useful for promoting ~~gender~~ equality between men and women;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK

Motion for a resolution
Recital F

F. whereas policy coherence is lacking in the area of ~~gender~~ equality between men and women, and whereas a unified system facilitating an identical understanding and implementation of gender mainstreaming in the EU institutions does not yet exist;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK

Motion for a resolution
Recital H

H. whereas the EU Recovery Fund focuses on economic stimuli for sectors ~~with a~~ deeply affected by the crisis, whigch share ~~of male employment, which~~represented by women and men alike, and therefore could potentially risks increasing ~~gender~~ inequalities between men and women in employment;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK

Motion for a resolution
Subheading 1

Role of cohesion policy in promoting ~~gender~~ equality between men and women to the benefit of socio- economic growth and sustainable development

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK

Motion for a resolution
Paragraph 1

1. Stresses the importance of cohesion policy in promoting ~~gender~~ equality between men and women and the EU Gender Equality Strategy; recalls that all policy goals need appropriate resources dedicated to their implementation;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA

Motion for a resolution
Paragraph 2

2. ~~Strongly believes that gender equality is still mainly addressed in a general manner and limited to the policy domains of the European Social Fund (ESF), as well as in the context~~Considers that equality between men and women is still mainly addressed in a general manner in the context of analysis and programming phase, while more attention ~~is needed~~could be given in the implementation, monitoring and evaluation phases;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK

Motion for a resolution
Paragraph 3

3. BStrongly believes that EU rules should be written in a clear and explicit way, and ~~be binding~~aiming also to enhance equality between men and women aspect where it is considered appropriate in relation to ~~gender~~ equality; between woman and man;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK

Motion for a resolution
Paragraph 4

4. Stresses the need for a strong political commitment on the importance of ~~gender~~ equality between men and women for the entire population and for economic growth and territorial development;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK

Motion for a resolution
Paragraph 5

~~5. Considers regrettable the downgrading of gender equality in the public debate and policy agenda at EU and national level in post-2020 cohesion policy;~~deleted

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK

Motion for a resolution
Paragraph 6

6. Emphasises the importance of a coordinated governance framework on ~~gender~~ equality between men and women, national guidelines and technical support~~, and stronger scrutiny at EU level after the adoption of operational programmes~~ for this purpose;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA

Motion for a resolution
Paragraph 7

7. ~~Points out the insufficient~~Considers necessary further development of training and capacity- building of Managing Authorities and implementing partners as regards the gender dimension of the European Structural and Investment Funds (ESI Funds), as well as ~~insufficient gender-oriented monitoring~~need for a coordinated monitoring strategies, unified methodology and evaluation systems;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA

Motion for a resolution
Paragraph 8

8. Stresses the lack of a ~~binding gender equality strategy at national and regional level and a lack of awareness as regards the benefits of pursuing gender equality for~~n awareness as regards the benefits of pursuing equality between men and women for the sake of socio-economic growth and sustainable development at national and regional level;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK

Motion for a resolution
Paragraph 10

10. Considers that programme stakeholders and monitoring committees still lack expertise on the implementation of a gender perspective in concrete projects~~, especially in European Regional Development Fund (ERDF) interventions~~; considers there to be a lack of guidelines, training programmes and concrete examples of a good practice to address this issue;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK

Motion for a resolution
Paragraph 11

11. Believes that, where appropriate and without prejudice to other remaining policy goals, all programmes implemented under cohesion policy should ensure ~~gender~~ equality between men and women throughout their preparation, implementation, monitoring and evaluation, as well as equal opportunities for all, without discrimination based on gender or sexual orientation;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK

Motion for a resolution
Paragraph 12

12. Recognises the burden placed on ~~women as principal~~ caregivers in formal and informal settings, as well as its social value, especially during the COVID-19 crisis; therefore points out the crucial role of cohesion policy in securing investments in care services, to improve working conditions in this sector and to support a transition towards a better care economy;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA

Motion for a resolution
Paragraph 13

13. Stresses that cohesion policy needs to support equal access to training for women and men alike, in order to bridge the ~~digital~~ gender gap and to support the just, green and digital transitions;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK

Motion for a resolution
Paragraph 14

14. Underlines the crucial role of cohesion policy in investing in high-quality public services, both for combating ~~gender~~ inequalities between men and women, and for building social resilience and coping with economic, social and health crises;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK

Motion for a resolution
Subheading 2

~~Gender equality~~Equality between men and women in post- 2020 cohesion policy

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK

Motion for a resolution
Paragraph 15

15. Calls for a strong political commitment to ~~gender~~ equality ~~at EU and national~~between men and women at EU level in order to enhance the attention given by national and local stakeholders to ~~gender~~ equality aspect, both from a human rights perspective and as a crucial factor for socio-economic development, and to promote further commitment in this area;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA

Motion for a resolution
Paragraph 16

16. C~~alls for compulsory~~onsiders it would be possible to indicate non-binding requirements ~~on gender~~for the equality ~~objectives to be introduced in all post-2020 operational programmes, with specific and interdisciplinary measures to be translated into all operation~~between men and women objectives in the various post-2020 operational programs;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA

Motion for a resolution
Paragraph 17

17. Strongly supports the ex ante requirement of developing a ~~national~~ gender equality strategy to underpin cohesion policy interventions;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA

Motion for a resolution
Paragraph 18

18. Stresses the importance of partnerships with gender equality bodies and strongly supports their involvement ~~in all programme phases; believes that all bodies created in the area of cohesion policy should be gender balanced~~of these organisations in all programme phases, in order to guarantee a better alignment between the implemented actions and the needs of both women and men by consolidating institutional framework and strengthening the gender equality coordination;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA

Motion for a resolution
Paragraph 19

19. Underlines that a gender impact assessment, where appropriate in the context of policy area, should be a mandatory part of Member States’ evaluations on how the funds are spent and whether compliance with gender equality targets is respected;

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK

Motion for a resolution
Paragraph 20

20. Recalls that gender mainstreaming must be applied in all stages of the budgetary process; stresses the need to track spending on gender equality in all budget lines, not just in targeted measures, and to assess the final impact of the budgetary lines on gender equality; requests that the Commission, in cooperation with the European Court of Auditors, propose a methodology to that end; recommends the use of criteria such as the national median wage and the median annual gross income in purchasing power parity;deleted

2020/12/14
Committee: REGI

2020/2040(INI)

Raffaele FITTO, Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK

Motion for a resolution
Paragraph 21

21. Calls on all institutions to provide guidance documents and training sessions, so as to disseminate concrete examples of good practices on gender mainstreaming; ~~stresses, moreover, that at the project selection stage the criteria for gender mainstreaming should be strengthened through higher scoring and requirements for more practical actions;~~ recommends making use of the existing tools developed by the European Institute for Gender Equality (EIGE) such as its toolkit for gender budgeting in the ESI Funds;

2020/12/14
Committee: REGI

2020/2039(INI)

Andżelika Anna MOŻDŻANOWSKA, Waldemar TOMASZEWSKI, Izabela-Helena KLOC, Raffaele FITTO

Motion for a resolution
Recital C a (new)

Ca. whereas cohesion policy is an appropriate instrument for preventing differences in the treatment of women and men, particularly in areas facing problems associated with demographic change;

2021/02/09
Committee: REGI

2020/2039(INI)

Andżelika Anna MOŻDŻANOWSKA, Waldemar TOMASZEWSKI, Izabela-Helena KLOC, Raffaele FITTO

Motion for a resolution
Recital D a (new)

D a. whereas the crisis triggered by the COVID-19 pandemic and the extraordinary measures taken in response by the European Union, the Member States and the regional and local authorities, as well as the direct and indirect effects of these measures, will have a short-term and long-term impact on demographic trends that is difficult to estimate with any accuracy;

2021/02/09
Committee: REGI

2020/2039(INI)

Andżelika Anna MOŻDŻANOWSKA, Waldemar TOMASZEWSKI, Izabela-Helena KLOC, Raffaele FITTO

Motion for a resolution
Recital D b (new)

D b. whereas preliminary studies suggest that the COVID-19 pandemic has worsened existing inequalities between men and women, in part because of the increased burden of unpaid care in households, which in turn also leads to an increased likelihood of job losses or resignations necessitated by the circumstances; whereas this phenomenon has a disproportionate impact on women, which should be taken into account when considering demographic change as an aspect of cohesion policy;

2021/02/09
Committee: REGI

2020/2039(INI)

Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK, Waldemar TOMASZEWSKI, Izabela-Helena KLOC, Raffaele FITTO

Motion for a resolution
Recital F

F. whereas innovation and investment in human capital, which also occur as part of the corresponding process of socialisation within the family as well as through education, are the main drivers of socio-economic and employment growth for Member States and their regions over the medium to long term;

2021/02/09
Committee: REGI

2020/2039(INI)

Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK, Waldemar TOMASZEWSKI, Izabela-Helena KLOC, Raffaele FITTO

Motion for a resolution
Paragraph 6

6. Notes that in general rural, and post- industrial a~~nd remote~~reas and towns that are remote from major metropolitan areas are facing a number of specific situations: a considerable decline in population numbers, lower than national or EU average levels of income and difficulties of territorial integration with other regions, making them more exposed to the risk of depopulation; points out that rural regions currently account for 28 % of Europe’s population but this is predicted to fall significantly in the future;

2021/02/09
Committee: REGI

2020/2039(INI)

Andżelika Anna MOŻDŻANOWSKA, Waldemar TOMASZEWSKI, Izabela-Helena KLOC, Raffaele FITTO

Motion for a resolution
Paragraph 7

7. Draws attention to some of the drivers of demographic change, forcing inhabitants from the abovementioned areas to leave and discouraging others from moving there: poor infrastructure, including a lack of fast broadband internet and missing transport networks, fewer job opportunities, particularly in occupations requiring higher education, and also in general for women owing to the widespread masculinisation of the labour market in peripheral areas, lack of public services and difficult access to health services, fewer education opportunities, making it more difficult to adapt to technological change, and a lack of cultural venues and leisure activities;

2021/02/09
Committee: REGI

2020/2039(INI)

Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK, Waldemar TOMASZEWSKI, Izabela-Helena KLOC, Raffaele FITTO

Motion for a resolution
Paragraph 9

9. Is of the view that urban areas are also exposed to depopulation, with one in five cities in Europe facing population losses since 1990, whereby depopulation is not adequately reflected in the records kept by statistical offices and agencies because the figures for people leaving areas are delayed by many years; emphasises in this regard that this phenomenon means that the actual scale of depopulation in rural areas and in small and medium-sized towns and cities is underestimated; notes also that this problem affects the majority of non- metropolitan towns and cities, in particular small towns and cities; notes, however, that urban shrinkage is not always a continuous linear process and can be episodic or temporary, depending on the territorial context;

2021/02/09
Committee: REGI

2020/2039(INI)

Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK, Waldemar TOMASZEWSKI, Izabela-Helena KLOC, Raffaele FITTO

Motion for a resolution
Paragraph 10

10. Underlines a pattern of ‘inner peripheralisation’, in the sense that central, eastern and southern European regions report a substantially negative net population migration rate, while northern and western European regions report a substantially positive rate, receiving constantly large numbers of economic migrants;

2021/02/09
Committee: REGI

2020/2039(INI)

Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK, Waldemar TOMASZEWSKI, Izabela-Helena KLOC, Raffaele FITTO

Motion for a resolution
Paragraph 11

11. Acknowledges that the metropolitan areas around major cities register a positive migration rate, with characteristic rural-to-urban population movements, a~~s a consequence of~~nd therefore experience an influx of young people with enormous growth potential without previously having had to incur the costs of their care, upbringing and primary and/or secondary education, which results in an increasingly urbanised concentration in employment growth patterns;

2021/02/09
Committee: REGI

2020/2039(INI)

Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK, Waldemar TOMASZEWSKI, Izabela-Helena KLOC, Raffaele FITTO

Motion for a resolution
Paragraph 12

12. Notes also that regions presenting a high share of people with high levels of education and providing more employment opportunities for people with high levels of education are less exposed to the depopulation process;

2021/02/09
Committee: REGI

2020/2039(INI)

Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK, Waldemar TOMASZEWSKI, Izabela-Helena KLOC, Raffaele FITTO

Motion for a resolution
Paragraph 16

16. Stresses that local and regional authorities, with the support of the central and EU authorities, should play a decisive role in developing territorial strategies, taking into consideration the development needs and the potential of the areas concerned, including the economic, social and demographic trends; points out that community-led local development strategies are a useful tool that can be used to create jobs and increase accessibility to services at local level;

2021/02/09
Committee: REGI

2020/2039(INI)

Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK, Waldemar TOMASZEWSKI, Izabela-Helena KLOC, Raffaele FITTO

Motion for a resolution
Paragraph 18

18. Recalls the need for strategies aimed at reversing labour migration; calls on local ~~and~~, regional, central and EU authorities to tackle the brain drain in ‘sending’ regions through prevention, mitigation and appropriate responses; underlines in this context that there are already several initiatives in various Member States, such as incentives for workers with highly specialised skills, aimed at turning the brain drain into a brain gain for the regions in question;

2021/02/09
Committee: REGI

2020/2039(INI)

Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK, Waldemar TOMASZEWSKI, Izabela-Helena KLOC, Raffaele FITTO

Motion for a resolution
Paragraph 19

19. Stresses that the COVID-19 health crisis has affected all Member States and regions to different extents, and is likely to lead to new trends as regards demographic flows; recalls in this context that the additional resources provided through REACT-EU in order to ensure a sound and robust recovery of the EU’s economy from the crisis could significantly help to keep people in employment~~, including through support for small and medium-size enterprises and for short-time work schemes and the self-employed~~ and create new jobs for educated individuals in areas at risk of depopulation, including through support for small and medium-size enterprises and the self-employed, and through the introduction of flexible working arrangements, including remote or short- time work;

2021/02/09
Committee: REGI

2020/2039(INI)

Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK, Waldemar TOMASZEWSKI, Izabela-Helena KLOC, Raffaele FITTO

Motion for a resolution
Paragraph 20

20. Recalls that the Recovery and Resilience Facility will provide large-scale financial support to make Member States’ economies more resilient and better prepared for the future, and insists that Member States should propose and implement measures for addressing adverse demographic change~~; highlights the importance of the instruments f~~, for example by putting in place more widespread telework a trran~~sition to sustainability such as the Just Transition Fund and its implementation mechanism, which aim to support the communities affected by the energy transition and avoid the~~gements that allow remote working, thereby making it possible for young educated people to stay in areas which they might previously have left and which are at particular risk of depopulation;

2021/02/09
Committee: REGI

2020/2039(INI)

Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK, Waldemar TOMASZEWSKI, Izabela-Helena KLOC, Raffaele FITTO

Motion for a resolution
Paragraph 23

23. Calls on the Member State to include differentiated demographic challenges in their national development policies and long- term strategies for sustainable development correlated with the European Semester, thus ensuring proper financing for demographic issues;

2021/02/09
Committee: REGI

2020/2039(INI)

Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK, Waldemar TOMASZEWSKI, Izabela-Helena KLOC, Raffaele FITTO

Motion for a resolution
Paragraph 24

24. Calls on the regions at risk of depopulation to focus investments on the creation of jobs, in particular for young people, including those who have completed higher education, as well as on ways of encouraging young families to settle in those regions and on universal accessibility to quality services and infrastructure ~~and job creation~~; insists on investment in education, reskilling of workers, creating entrepreneurial conditions and supporting SMEs;

2021/02/09
Committee: REGI

2020/2039(INI)

Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK, Waldemar TOMASZEWSKI, Izabela-Helena KLOC, Raffaele FITTO

Motion for a resolution
Paragraph 27

27. Recommends developing the so- called ‘oasis strategies’ focusing on the most successful, vibrant and growing sectors, by exploiting the local potential for development of the region; calls on the local and regional authorities to focus on attracting young, trained and talented workers and retaining any such workers who are currently employed, encouraging entrepreneurship, using local, national and EU incentives; underlines the role of the ‘silver economy’ as a policy shift for rural areas, turning the issue of population ageing into an opportunity for the development of rural areas;

2021/02/09
Committee: REGI

2020/2039(INI)

Andżelika Anna MOŻDŻANOWSKA, Elżbieta KRUK, Waldemar TOMASZEWSKI, Izabela-Helena KLOC, Raffaele FITTO

Motion for a resolution
Paragraph 33

33. Recommends, where appropriate, the reform of education and training systems in the Member States, inter alia by developing educational pathways to occupations that are compatible with remote working, combined with policies to prevent a permanent brain drain from the ‘sending’ regions; insists on using local at regional advantages, as well as the development of economic and social facilities, not only to prevent the brain drain, but also to reverse this phenomenon;

2021/02/09
Committee: REGI

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Citation 15

— having regard to the blog post from Bruegel of 5 June 2020 entitled ‘Is the COVID-19 crisis an opportunity to boost the euro as a global currency?’,

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Recital C

C. whereas current geopolitical tensions and international trade challenges – including the disruption of value chains, technological developments, digital transformation, the rise of China’s economic power and the challenges posed ~~by the US~~ to multilateralism – lead to a multipolar world economy, thus paving the way for a potential shift towards a multicurrency reserve system where the euro will offer additional currency choices for market participants globally and allow for reduced global financial risks;

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Recital C a (new)

Ca. whereas the euro, whilst being the second most internationally traded currency after the USD, is still lagging behind in some of the key functions of an international currency, such as its role as a reference for official and private use;

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Recital E

E. whereas while the decision to use a currency is ultimately determined by market participants' preferences, confidence in the stability of currency is a crucial component that influences their choices and an important criterion for central banks and governments in determining the composition of their international reserves;

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Recital F

F. whereas ~~Brexit brings structural changes to the EU financial system and its stability, intensifying the need to continue developing the EU’s capital markets, to avoid~~the United Kingdom (UK) ceased to be a Member State of the European Union (EU) on 31 January 2020; whereas the UK's withdrawal from the EU brings structural changes to the EU financial system and its stability, intensifying the need for further integration and improvement of the EU’s capital markets, with a view to making them as attractive, competitive, and resilient as possible, thereby avoiding market fragmentation and to maintaining a global and cooperative mindset, while consolidating its emerging polycentric financial and capital market system;

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Recital H a (new)

Ha. whereas in some strategic markets, such as markets for raw materials, many European companies still do not choose the euro as a reference currency for pricing and trading;

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Recital J a (new)

Ja. whereas, historically, countries issuing dominant currencies have been characterised by a large and growing economy, free movement of capital, a willingness to play an international role, stability, an ability to provide a large and elastic supply of safe assets, developed financial markets, and significant geopolitical and/or military power; whereas the EMU does not meet all these criteria;

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Recital J b (new)

Jb. whereas the ECB's own international role of the euro summary composite index suggests that the rise of the euro as an international currency peaked as early as 2005; whereas, thereafter, its internationalisation went into reverse, and the euro has not since returned to its previous status;

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Paragraph 1

1. Considers that ~~strengthen~~it is ing the ~~international role of the euro can generate benefits both in the short and long term; notes, however, that it~~strategic long term interest of the euro area and of its Member States to draw all possible benefits from issuing the euro currency which has the potential of becoming a more important global reserve currency in the long term; notes, however, that strengthening the international role of the euro also brings risks and responsibilities that must be taken into consideration in the process of complementing market forces with policy measures; underlines, in particular, that ~~the~~a strengthened international currency status of the euro can enhance monetary policy autonomy and reinforce its global transmission, make the euro more of an attractive investment, and provide exorbitant privilege and lower exchange rate pass-through., thus increasing the EU's ability to frame its policy stance independently vis-à-vis other global powers;

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Paragraph 2

2. Points out that, in order for the potential benefits from the strengthened role of the euro to materialise, the Union has to ~~complete the as yet unfinis~~further develop thed infrastructure for the common currency and make more progress on its critical functions;

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Paragraph 3

3. Reiterates, in this context, the need to ~~deepen and complete~~further develop the Economic and Monetary Union (EMU), the Banking Union and the Capital Markets Union (CMU), with a view to enhancing the EU's growth potential and international competitiveness ~~of European markets and~~, thus also improving the attractiveness of the euro;

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Paragraph 4

4. Underlines that making more progress in developing the CMU would increase both resilience to and independence from global developments and the attractiveness of euro-denominated assets; ~~deplo~~regrets the segmentation of the euro area’s capital markets along national lines, which has resulted in relatively small-sized markets; considers ~~Brexit~~the UK's withdrawal from the EU, in that regard, as both a challenge and an opportunity;

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Paragraph 5

5. Emphasises the need for strong, fair, and sustainable ~~and sound~~ fiscal and structural growth- enhancing policies ~~that are based on a commitment to credible fiscal rules~~; calls for further reflection on ~~the adequacy~~possible reforms of the stability and growth pact framework ~~despite the~~in order to set realistic targets for debt reduction in challenging circumstances; supports the plan outlined in Next Generation EU to use, in addition to monetary policy, a fiscal impulse, notably borrowing EUR 750 billion from capital markets bonds to finance the recovery and green transition, in addition to the issuance of EUR 100 billion in ‘social’ bonds under the European instrument for temporary support to mitigate unemployment risks in an emergency (SURE), which is intended to preserve employment; applauds the high level of interest that investors have demonstrated in European bonds;

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Paragraph 5 a (new)

5a. Notes that the Union must avoid repeating the same mistakes made during the sovereign debt crisis in the euro area; therefore believes that a premature withdrawal of support measures should be avoided in order to prevent the possibility of a recession;

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Paragraph 6 a (new)

6a. Emphasises that the benefits of a strengthened international role for the euro may come from a more liquid markets than the single currency and from financial assets secured at supranational level;

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Paragraph 7

7. Takes note of the role geopolitics plays in global currency competition; highlights in this regard that the EU’s limited geopolitical reach is in part due to its military dependence on the United States;

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Paragraph 8

8. ~~Is concerned that EMU’s lack of ability to speak as a unified voice with international institutions can hold back~~Believes that the disproportionately high number of EU and EMU Member States' voices in international institutions and fora constitutes a European advantage, with coordination among the various EU representatives during these meetings being conducive the international role of euro;

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Paragraph 10

10. Underlines that a strengthened international role of the euro wcould enhance the EU’s capability to enforce open strategic autonomy; ~~recommend~~emphasises, therefore, ~~actions intended to both design and implement policy measures that~~the need for policy makers to undertake productivity-enhancing structural reforms, thus improving potential growth and fostering the international role of the euro ~~and~~; supports market-driven shifts in this direction;

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Paragraph 11

11. Advocates, in this context, that policies critical for and conducive to strengthening the ~~international role of the euro sh~~euro area economies are likely to also increase the use of the euro as an international reserve currency; considers that such policies could target, inter alia, international trade, fiscal and monetary policy mix, financial services and capital markets, labour market rigidities, payments systems, the climate, the digital transformation, energy, and foreign and security policies;

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Paragraph 11 a (new)

11a. Underlines that labour market flexibility is instrumental in creating job opportunities; believes that a structural mismatch between supply and demand for labour hinders recovery and long-term growth and therefore calls for structural reforms to eliminate existing rigidities in the labour market; suggests that such structural reforms could include revising wage-setting mechanisms in order to better reflect productivity developments, enhanced labour mobility and more flexible working patterns;

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Paragraph 12 a (new)

12a. Recalls that one of the main objectives of the euro is to improve the level of protection of its citizens and businesses; stresses that a wider worldwide use of the euro would reduce the costs and risks borne by European businesses and households;

2020/12/18
Committee: ECON

2020/2037(INI)

Raffaele FITTO

Motion for a resolution
Paragraph 14

14. Stresses that, besides its primary mandate of maintaining price stability, the ECB is tasked with other secondary objectives, including promoting the smooth operation of payment systems; underlines the importance of having autonomous European payment solutions; calls on the ECB to ensure an adequate balance between financial innovation and stability;

2020/12/18
Committee: ECON

2020/2023(INI)

Anna FOTYGA, Geert BOURGEOIS, Assita KANKO, Bert-Jan RUISSEN, Raffaele FITTO, Hermann TERTSCH

Motion for a resolution
Recital D

D. whereas the EU is seeking to establish an ambitious and comprehensive new partnership with the UK that covers the areas of interest outlined in the Political Declaration: trade and economic cooperation, law enforcement and judicial cooperation in criminal matters, foreign policy, security and defence, ~~and~~counter- terrorism, cyber security and other thematic areas of cooperation;