Activities of Edward SCICLUNA related to 2011/2156(INI)
Plenary speeches (1)
ECB annual report for 2010 (debate)
Amendments (5)
Amendment 24 #
Motion for a resolution
Recital E a (new)
Recital E a (new)
Ea. Whereas interest rates in the euro area remained at 1% throughout 2010 but have since been raised by 25 basis points in April 2011 and again by 25 basis points in July 2011, bringing the rate to 1.5%,
Amendment 25 #
Motion for a resolution
Recital E b (new)
Recital E b (new)
Eb. Whereas Article 282 of the TFEU states that the primary objective of the ECB is to maintain price stability and that the ECB should support general economic policies to help achieve it, and also notes the work by the ESRB under the auspices of the ECB on financial stability;
Amendment 28 #
Motion for a resolution
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Expresses concern about the affect of interest rate increases on economic growth in the euro area, adds that this could hinder the already slow recovery in the euro area, particularly in its weakest economies;
Amendment 39 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Recalls that the singleprimary objective of ECB is price stability; notes that de facto financial stability is becoming a second objective; also notes the work of the ESRB under the auspices of the ECB on financial stability;
Amendment 75 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Welcomes the determinationed and proactive stance of the ECB throughout the crisis since 2007, in the face of continued indecisiveness by the Member States which is pushing the ECB into assuming an overtly political role in responding to the current debt crisis;