2 Amendments of Pablo ZALBA BIDEGAIN related to 2012/2256(INI)
Amendment 141 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Calls on the Commission to study seriously the possibility ofeconomic situation of the Member States in order to spreading fiscal adjustment over a longer period, thereby providing additional temporary room for manoeuvre to re-ignite growth as soon as possible;.
Amendment 274 #
Motion for a resolution
Annex - Part 1 – paragraph 1
Annex - Part 1 – paragraph 1
1. The fiscal consolidation should be delayed and spread in due respect of current EU fiscal rules. Instead of nearly 130 billion euros of consolidation effort for the whole euro area, a more balanced fiscal consolidation of 0.5 point of GDP, in accordance with treaties, the SGP and evenprogrammes should be pursued in order to guarantee the sustainability of public finances, but it has to continue in a proportional and growth-friendly way. The rhythm of consolidation has to be differentiated across countries according to their fiscal compact, would give for 2013 alone a concrete margin for manoeuvre of more than 85 billion euros. By merely delaying and capping the path of consolidation, the average growth for the Eurozone between 2013 and 2017 may be improved by 0.7 point per yearspace to reach the right balance between potential negative growth and employment effects and the risks to debt sustainability.