9 Amendments of Victor NEGRESCU related to 2021/2061(INI)
Amendment 23 #
Motion for a resolution
Recital A
Recital A
A. whereas the European Semester plays an essential role in coordinating economic and budgetary policies in the Member States and it was temporarily adapted to coordinate it with the Recovery and Resilience Facility;
Amendment 64 #
Motion for a resolution
Recital I
Recital I
I. whereas aspects relating to the possible future of the EU economic governance framework were dealt with by the review of the macroeconomic legislative framework in the report of the Committee on Economic and Monetary AffairsEuropean Parliament of 228 Junely 2021 dedicated to that issue;
Amendment 191 #
Motion for a resolution
Paragraph -13 (new)
Paragraph -13 (new)
-13. Considers that coordinating national investment and reform efforts will be crucial to increase convergence and resilience, to promote sustainable and inclusive growth and to improve institutional frameworks;
Amendment 196 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Highlights that the RRF is an unprecedented opportunity for all Member States to address key structural challenges and investment needs, while embracing the green and digital transitions; stresses that restoring the growth potential will be a key element for the structural transformations needed to adapt to the challenges;
Amendment 241 #
Motion for a resolution
Paragraph 17
Paragraph 17
17. Is concerned that the Commission identified macroeconomic vulnerabilities related to imbalances and excessive imbalances in 12 Member States; is particularly worried that the nature and source of Member States’ imbalances remain largely the same as prior to the pandemic and that the pandemic could also be exacerbating economic divergences; notes the vulnerabilities in the financial sector as a result of the pandemic and calls on the Commission to pay close attention to national actions in relation to macro-financial stability, notably the risks of financial spillovers in the euro area; calls on the Member States to take advantage of the unprecedented opportunity provided by the RRF to significantly reduce existing macroeconomic imbalances;
Amendment 264 #
Motion for a resolution
Paragraph 19 a (new)
Paragraph 19 a (new)
19a. Acknowledges that climate change risks within and across countries are macro-critical threats to financial and fiscal systems and considers that macro- critical aspects of climate change need to be incorporated into EU enhanced surveillance; calls on the Commission, in this regards, to monitor in particular cross-border spillovers risks;
Amendment 266 #
Motion for a resolution
Paragraph 19 b (new)
Paragraph 19 b (new)
19b. Considers that the adaptation of the European Semester to coordinate the Recovery and Resilience Facility gives the former more credibility and ownership; further considers that National Recovery and Resilience plans should effectively address challenges identified in the European Semester; stresses that the framework of the RRF in terms of its structure, function and governance addresses many of the previous shortcomings indicated by Members States; considers that the disbursement of RRF funding and their approval process, with a more active role of the European Parliament, will create a more dynamic political process based on incentives- approach in contrast with the current system;
Amendment 270 #
Motion for a resolution
Paragraph 19 c (new)
Paragraph 19 c (new)
19c. Calls on the Commission to align the 2022 European Semester cycle with the monitoring and implementation of the Recovery and Resiliency Facility; notes that according to the RRF Regulation, Member States should report twice a year in the context of the European Semester on the progress made in the achievement of the recovery and resilience plan and the Commission shall provide an annual report to the European Parliament and the Council on the implementation of the Facility; calls on, in this regard, to assess how the current European Semester tools such as the Country-Reports and In-depth Reviews could be adapted in order to ensure a true value added in the Semester process;
Amendment 274 #
Motion for a resolution
Paragraph 19 d (new)
Paragraph 19 d (new)
19d. Recalls Member States on the possibility to request technical support under the Technical Support Instrument;