12 Amendments of Pablo ZALBA BIDEGAIN related to 2015/2344(INI)
Amendment 54 #
Motion for a resolution
Recital C
Recital C
C. whereas, contrary to othe budgetary arrangements in all other federations, the EU budget is dependent on contributions from Member State level to EU levelr economic and monetary unions, the EU budget represents barely 1% of EU GDP and is dependent on contributions from Member States, meaning that it is proving to be unable to address the effects of recessionary shocks;
Amendment 113 #
Motion for a resolution
Recital I
Recital I
I. whereas, especially since the crisis broke at the end of 2007, the shortcomings and weaknesses highlighted within the EU have meant that a great deal of trust has been lost in the process, both between Member States and on the part of citizens and the markets in the EU institutions and the Union as a whole;
Amendment 168 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Stresses that the introduction of the euro as a common currency has eliminated tried and tested policy options for counterbalancing asymmetric shocks such as exchange rate fluctuation; also notes that, although the agreed rules are mandatory, many Member States have increased debt levels without, however, generating effects that would allow the economy to overcome negative cycles; reiterates that the relinquishing of autonomy over monetary policy therefore requires alternative adjustment mechanisms to copehat are able to deal with asymmetric macroeconomic shocks in order to make the euro zone an optimal currency area able, inter alia, to implement a proper policy mix;
Amendment 272 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Believes that in order to regain trust, the euro must deliver on its promise of stability, convergence, growth and jobs; regards a fiscal capacity as a vital element in this enterprise, which can be successful only if solidarity is closely linked to responsibility, meaning that financial support is provided on the basis of clear criteria; stresses further that, in the medium and long term, achieving the above objective is conditional on progress towards a genuine economic and monetary union, which will be possible only through the creation of a single treasury;
Amendment 442 #
Motion for a resolution
Paragraph 21 b (new)
Paragraph 21 b (new)
21b. Considers that the ECB profits should feed into the Eurozone fiscal capacity, once discounted the current percentage set for reserves; points out that to this effect, OLP applies to the reform of Article 33.1.a) of the ECB Statute; believes that this is particularly relevant in a period of quantitative easing;
Amendment 510 #
Motion for a resolution
Paragraph 26 – introductory part
Paragraph 26 – introductory part
26. Suggests that the convergence code define criteria to be reached within five years, building on the merits of the Maastricht criteria and focusing for; believes that theis first period on convergence requirements regarding:ve- year period should in exchange allow for a phasing-in of the new tasks attributed to the ESM/EMF;
Amendment 516 #
Motion for a resolution
Paragraph 26 – indent 1
Paragraph 26 – indent 1
Amendment 527 #
Motion for a resolution
Paragraph 26 – indent 2
Paragraph 26 – indent 2
Amendment 547 #
Motion for a resolution
Paragraph 26 – indent 3 – paragraph 1
Paragraph 26 – indent 3 – paragraph 1
Amendment 559 #
Motion for a resolution
Paragraph 26 – indent 3 – paragraph 2
Paragraph 26 – indent 3 – paragraph 2
Amendment 579 #
Motion for a resolution
Paragraph 27
Paragraph 27
27. Considers that a financial instrument is needed to work as an incentive-based mechanism for convergence and sustainable structural reforms with clear conditionality; believes that the Structural Reform Support Programme (SRSP), which is designed to provide technical support to national authorities for measures aimed at reforming institutions, governance, administration, and economic and social sectors with a view to enhancing growth and jobs, can be further developed as a contribution to this function of the fiscal capacity, but points out that in order to be effective it will need to have sufficient resources;
Amendment 818 #
Motion for a resolution
Paragraph 43
Paragraph 43
43. Acknowledges that recently there has been a high level of scepticism among European citizens as to the ability of the European institutions and of the European project itself to solve serious problems, and that the current political climate characterised by deep inequality, mistrust and uncertainty is not conducive to proper reforms to achieve and complete EMU; believes, therefore, that a comprehensive roadmap, including clear milestones within an agreed timetable and taking into account the political and economic situation, should be urgently adopted with a clear commitment by euro area Heads of State and Government to achieving a genuine and complete EMU;