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20 Amendments of José GUSMÃO related to 2019/2110(INI)

Amendment 45 #
Motion for a resolution
Paragraph 2 a (new)
2a. Reminds that monetary policy has been the main, if not the only, driver of economic growth, a dynamic that creates side effects and vulnerabilities;
2019/09/19
Committee: ECON
Amendment 47 #
Motion for a resolution
Paragraph 3
3. Agrees that effective structural reforms, accompanied by well targeted investments and responsible fiscal policies, continue to provide a successful compass for preparing the EU for its future and present challengesMember States should implement structural reforms, investment programmes fiscal policies oriented toward achieving sustainable economic growth, reducing inequality and poverty and addressing the climate emergency;
2019/09/19
Committee: ECON
Amendment 70 #
Motion for a resolution
Paragraph 4
4. Recognises that the average level of debt- to- GDP is projected to decline; notes, however, that the average level still remains significantly above the level required by the Stability and Growth Pact; points out the possibility of rising debt service costs; underlines, therefore, the importance of growth policies for bringing down overall debt levels, in line with EU fiscal rules;
2019/09/19
Committee: ECON
Amendment 73 #
Motion for a resolution
Paragraph 4 a (new)
4a Stresses the need for a framework for debt restructuring in countries with clear problems of over-indebtedness;
2019/09/19
Committee: ECON
Amendment 79 #
Motion for a resolution
Paragraph 5
Notes, accordingly, with great concern that the average deficit levels appear to be increasing again and that in some Members States deficits above 3% are projected; underlines that a significant partsome of the expected expansion originates in countries with high government debt-to- GDP ratios;
2019/09/19
Committee: ECON
Amendment 84 #
Motion for a resolution
Paragraph 5 a (new)
5a. Stresses the need to make full use of the existing flexibility mechanisms under the SGP, in order to promote investment in energy transition and efficiency, public transportation systems and other areas deemed critical to address climate change and also investment in public services and social policies; calls on the Commission to exclude investments on the fight against climate change and poverty from the deficit criterion for compliance with the SGP;
2019/09/19
Committee: ECON
Amendment 87 #
Motion for a resolution
Paragraph 6
6. Regrets that the aggregate fiscal stance appears to be mildly expansionary in 2019, while emphasising that the European Fiscal Board considers a neutral stance as more appropriate;deleted
2019/09/19
Committee: ECON
Amendment 98 #
Motion for a resolution
Paragraph 7
7. Underlines that the fiscal stances at national and euro area level must balance the long-term sustainability of public finances in fullwith short-term macroeconomic stabilisation, environmental objectives and poverty reduction in compliance with the Stability and Growth Pact, respecting its provisions made for flexibility, with short- term macroeconomic stabilisation;
2019/09/19
Committee: ECON
Amendment 111 #
Motion for a resolution
Paragraph 8
8. Underlines that reforms which 8. increase competition and social and environmental standards in product markets, promote resource efficiency and improve the business environment as well as quality of institutionproductivity and reduce inequalities, including an effective justice system, and quality and efficiency of tax collection, are essential for achieving greater economic resilience for the euro area and Member States; emphasises in this context the importance of the single market and need for its further deepening;
2019/09/19
Committee: ECON
Amendment 126 #
Motion for a resolution
Paragraph 9
9. Shares the view that structural and institutional features of labour and product marketsConsiders that strong labour rights protection and well-functioning public administrations are crucial;
2019/09/19
Committee: ECON
Amendment 132 #
Motion for a resolution
Paragraph 10
10. Supports shifting the tax burden (direct and indirect) away from labour and strengthening education and training systems and investment in skills; stresses the effectiveness ofat growingly flexible labour market policies have failed to deliver decent jobs or wages, and have contributed to extremely high levels of precariouness among young workers;
2019/09/19
Committee: ECON
Amendment 149 #
Motion for a resolution
Paragraph 11
11. Calls on Member States to support and implement EU actions to combat Aggressive Tax Planning and decisive measures against corporate tax dumping, evasion and fraud at the European level;
2019/09/19
Committee: ECON
Amendment 180 #
Motion for a resolution
Paragraph 12
12. Agrees that the economic upswing needs to be supported by public and private investment, particularly in innovation, and notes that there is still an investment gap in the euro area; welcomes the fact that in some Member States investments already exceed the pre-crisis level, and regrets that in others public and private investment is still lagging behind or is not picking up at the necessary speedseverely constrained, directly and indirectly, by adjustment processes based on restrictive rather than growth-oriented fiscal policies;
2019/09/19
Committee: ECON
Amendment 195 #
Motion for a resolution
Paragraph 13
13. Calls on Member States, while pursuing policies in full respect of the Stability and Growth Pact, to support public and private investment, improve the quality and composition of public finances, and rebuild fiscal buffers, especially in euro area countries with high levels of public debt;
2019/09/19
Committee: ECON
Amendment 206 #
Motion for a resolution
Paragraph 14
14. Underlines that investment in tangibles and intangibles in order to increase productivity, skills and innovation, along with the growth- enhancing structural reforms, will increase long-term growth potential;deleted
2019/09/19
Committee: ECON
Amendment 222 #
Motion for a resolution
Paragraph 15
15. Agrees with the Council’s recommendations that Member States should increase their growth potential by modernising their economies and strengthening their resilience;deleted
2019/09/19
Committee: ECON
Amendment 232 #
Motion for a resolution
Paragraph 16
16. Notes that according to the Commission more than two thirds of the CSRs issued until 2018 have been implemented with at least some progress; regrets, however, that there is evidence of backtracking on elements of major reforms adopted in the past, and is concerned about Member States’ commitment to the CSRs, given that progress on the current recommendations is worse than in previous years; requests the Commission to make its methodology of assessing the multi- annual progress on the implementation of the CSRs public;
2019/09/19
Committee: ECON
Amendment 240 #
Motion for a resolution
Paragraph 16 a (new)
16a. Reminds that commitment to CSRs by Member-States is strictly voluntary and that elected national parliaments and governments are entirely free to pursue their own policies, on the basis of their own democratic choices;
2019/09/19
Committee: ECON
Amendment 244 #
Motion for a resolution
Paragraph 17
17. Welcomes the particular progress that has been achievedCalls for a specific assessment of the results onf recommendations concerning financial services, legislation governing labour relations and employment protection;
2019/09/19
Committee: ECON
Amendment 255 #
Motion for a resolution
Paragraph 18
18. Reminds Member States of the importance of committing to and delivering on the CSRs;deleted
2019/09/19
Committee: ECON