8 Amendments of Elena BĂSESCU related to 2011/2274(INI)
Amendment 32 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Welcomes the projected improvement of the fiscal positions of EU Member States; and the maintenance of their fiscal targets; deplores the foreseen protraction of the cyclical slow-down underway;
Amendment 39 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Considers that budgetary consolidation must remains a necessity, given the strong pressure from financial markets; recalls that overall public deficits were reduced thanks to strong consolidation efforts;
Amendment 44 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Underlines that the long-term sustainability of public finances is an essential condition for growth and for maintaining appropriate levels of public expenditure, including investments; stresses that a high level of debt generates adverse effects on health care, pensions, employment and equity among generations;
Amendment 51 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Encourages the Member States to strictly follow the recommendations adopted by the Council in line with the rules set by the ‘six-pack’ on economic governance' in order to implement fiscal consolidation in a stronger, credible and timely manner;
Amendment 58 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Encourages the Commission to give both negative and positive feedback to Member States through their country-specific recommendations, and to underlinacknowledge noteworthy efforts and best practices;
Amendment 68 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Considers that budgetary consolidation can be implemented effectively, and can bring long-lasting positive effects, provided that the measures backing it are sufficientproperly explained and debated and that they respect equity among citizens;
Amendment 78 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Recalls that the key element in the relationship between growth and consolidation is the composition of consolidation; stresses, in that regard, that consolidations based on expenditure rather than on revenue tend to be more lasting and more growth-supporting in the medium-run, and that term, but more recessive in the short term; however, their possible negative impact in the short run can be mitigated, in particular provided that the consolidation measures taken are credible, lasting and avoid a reduction in public investment;
Amendment 118 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Welcomes the major reforms of the economic and budgetary governance framework adopted recently; considers that, while those reforms cannot suddenly solve the crisis, they enhance the credibility of the fiscal adjustment, reducing its negative short-term impact on growth and setting up the framework for better policy-making in the years when growth has returned;