36 Amendments of Marisa MATIAS related to 2012/2151(INI)
Amendment 36 #
Motion for a resolution
Recital A
Recital A
A. whereas since the signing of the Treaty of Rome the European Union has made significant steps towardsnot yet been able to take the right steps to achieve genuine political, economic, fiscal and, monetary and social integration;
Amendment 46 #
Motion for a resolution
Recital C
Recital C
C. whereas in a globalised information society the need for closergenuine European integration, based on the solidarity principle. is becoming ever more clear;
Amendment 62 #
Motion for a resolution
Recital E
Recital E
E. whereas the economic, financial and banking crisis has repeatedly demonstrated that systematic external imbalances, economic stagnation, excessive public debt at national level and financing problems as well as the disturbance of macroeconomic equilibriums quickly, directly and negatively affect the socio- economic development of the euro area and of the Union as a whole;
Amendment 74 #
Motion for a resolution
Recital G
Recital G
G. whereas the combination of a lack of competitiveness and a low growth potential with high deficits and high debtobsession with reducing high deficits within extremely short periods of time, based on budget cuts, the liberalisation of public services and casualisation of the labour market, will not in itself boost either competitiveness or growth and debt levels will consequently remain high, with an upward trend, since purchasing power will continue to fall; whereas this situation not only causes harm in some Member States, but also makes vulnerable the euro area as a whole;
Amendment 80 #
Motion for a resolution
Recital H
Recital H
H. whereas recent events have made clear that the euro area is not sufficiently equipped to solve the crisis and to react adequately to regional economic shockimbalances within it;
Amendment 89 #
Motion for a resolution
Recital J
Recital J
J. whereas over the last decade the euro has brought Union citizens many benefits, such as price stability, protection against currency fluctuations, the impossibility of non-coomperatitive competitivdevaluations, which has however been replaced by the possibility of equally harmful wage devaluations, lower interest rates, the encouragement of the integration of financial markets and easier cross-border capital movement;
Amendment 100 #
Motion for a resolution
Recital L
Recital L
L. whereas euro area membership implies a high degree of economic interdependence between the Member States concerned and therefore requires a much closer coordination of financial, fiscal and economic policies, linked to stricter supervisory instruments and effective enforcement, in particular as regards the effective correction of external imbalances between countries in surplus and those in deficit;
Amendment 122 #
Motion for a resolution
Recital Q
Recital Q
Q. whereas time is running out and restoring confidence is the main task in order to convince European cthe main task is to create conditizeons and enterprises to startto ensure that financial investing again in the economy and to create conditions for financial institutions to provide the real economy, once again, with credit on a broad but sound basitutions in receipt of low- interest ECB loans are obliged to invest in the real economy, granting loans to businesses and families;
Amendment 137 #
Motion for a resolution
Recital U
Recital U
U. whereas the European Council and the euro area summit of 28 and 29 June 2012 confirmed their determination to take thwere unable to take the genuinely effective measures required to ensure a financially stable, competitive and prosperous Europe and thus to enhance the welfare of citizens;
Amendment 142 #
Motion for a resolution
Recital V
Recital V
V. whereas the growing divide between core and peripheral countries in the Union should not become chronic in nature; whereas a permanent framework must be created in which Member States in difficulty should be able to rely on solidarity-based support from other Member States; whereas those Member States which desire solidarity should be able to take up their responsibility for implementing the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union as well as their country-specific recommendain surplus should be able to correct macro- economic imbalances, boosting internal consumptions and their engagements under the European Semester, in particular those related to the stability and growth pact (SGP), the Euro-plus pact and the macro- economic imbalances procedureus improving the trade balances between the various Member States;
Amendment 154 #
Motion for a resolution
Recital W
Recital W
W. whereas it is beyond doubt that the European integration is an irmay become a reversible and failing progrcessive process if Member States meticulously honour their European engagements; if the Union continues to insist on the blind implementation of budget austerity plans and measures focused on deficit and debt reduction, stifling the economy of some Member States in difficulty and calling their continued membership of the euro zone into question;
Amendment 170 #
Motion for a resolution
Recital Z
Recital Z
Z. whereas the report drawn up by the four Presidents represents the first long-term plan which unambiguously chooses the way forward and seeks to break the cycle of distrust by means of structural measures;
Amendment 191 #
Motion for a resolution
Recital AE
Recital AE
AE. whereas the ambition should be that all Member States jointly take steps forward towards greater European integration, based on the solidarity principle; whereas decisions that only apply to the euro area might be needed where required or justified on the basis of the specificity of the euro area, not excluding opt-ins for other Member States;
Amendment 202 #
Motion for a resolution
Recital AF
Recital AF
AF. whereas the operations to stabilise the financial system to date, cannot be called successful butsince they are insufficient to fully restore confidence; whereas the European Central Bank (ECB) has played a pivotal role in these rescue operations without losing sight of its core objective, namely guaranteeing price stabilitremains focused on its chief goal of price stability and could therefore have played a much more prominent role in resolving the crisis, in particular by lowering the reference interest rate at an early stage and making LTRO loans to banks conditional on the obligation to grant loans to businesses and families; whereas this is the only way of guaranteeing that support for the financial system will bring benefits in the form of investment in the real economy;
Amendment 205 #
Motion for a resolution
Recital AG
Recital AG
AG. whereas the ECB's Treaty-based guaranteed independence of the ECB in the field of monetary policy remains a cornerstone for the credibility of EMU and the single currencymandate in the field of monetary policy needs to be revised and be subject to democratic control; whereas the European Parliament is the only democratically elected institution capable of exercising this control;
Amendment 209 #
Motion for a resolution
Recital AG a (new)
Recital AG a (new)
AGa. whereas the ECB's mandate of stabilising prices and controlling inflation does not match the current economic and financial crisis, and it needs to be adjusted as a matter of urgency so that it is geared to promoting growth and full employment;
Amendment 231 #
Motion for a resolution
Recital AL
Recital AL
AL. whereas financial institutions and their representatives should act responsibly and according to high moral standards, serving the real economy; whereas, if this is not the case and there is proof that they have acted abusively and in bad faith, financial institutions and their representatives should be duly punished;
Amendment 337 #
Motion for a resolution
Recital BF
Recital BF
BF. whereas after the increase of the deposit protection to a uniform Union level of EUR 100 000 the current Commission proposal for a European system of deposit guarantees is another step in the right direction; whereas the Commission proposal mainly aims at the harmonisation of national systems in the area of the offered guarantees as well as their financing; whereas the European deposit guarantee scheme should become a single European system rather than a combination of national deposit guarantee schemes;
Amendment 388 #
Motion for a resolution
Recital BN
Recital BN
BN. whereas the Commission proposal on recovery and resolution tools for banks in crisis is a step in the right direction, even though their funding will not be sufficient in the event that genuine bank resolution is necessary;
Amendment 413 #
Motion for a resolution
Recital BS
Recital BS
BS. whereas sound public finances and balanced budgets are a basic requirement for long-term economic and financial stability, for the welfare state and for the payment of the costs of the expected demographic development; whereas policies on investment and the mutualisation of short-term debt are necessary in order to achieve economic and financial stability;
Amendment 417 #
Motion for a resolution
Recital BT
Recital BT
Amendment 427 #
Motion for a resolution
Recital BU
Recital BU
BU. whereas the crisis has made clear the need for a qualitative step towards a more robust fiscal union with more effective mechanisms to correct unsustainable fiscal trajectories, debt levels and set the upper limits of budget balance of Member States; whereas these correction mechanisms should however be linked to investment policies geared to growth and job creation;
Amendment 432 #
Motion for a resolution
Recital BV
Recital BV
Amendment 467 #
Motion for a resolution
Recital CA
Recital CA
Amendment 478 #
Motion for a resolution
Recital CB
Recital CB
CB. whereas it must be kept in mind that the introduction in a hasty or not credible waydelay and reluctance in the introduction of instruments for common issuance of debt may lead to uncontrollable consequences and the loss of long-term trust in the euro area's capacity to act decisively;
Amendment 492 #
Motion for a resolution
Recital CC
Recital CC
CC. whereas the European Semester offers a goodis a framework to coordinate economic policies implemented at national level in line with the country-specific recommendations adopted by the Council;
Amendment 501 #
Motion for a resolution
Recital CD
Recital CD
CD. whereas fiscal discipline is a necessary but not a sufficient condition to get out offor exiting the crisis, in-depth structural reforms and initiatives are also needed to ensure a qualitative and sustainable growth and employment in a socially just society;
Amendment 509 #
Motion for a resolution
Recital CE
Recital CE
CE. whereas national economic policies must reflect the reality of membership of EMU within a social markely just economy;
Amendment 519 #
Motion for a resolution
Recital CG
Recital CG
CG. whereas it is up to the Member States to deliver without delay onpresent the agreed reforms in their national reform programmes;
Amendment 554 #
Motion for a resolution
Recital CK
Recital CK
CK. whereas sustainable lastingong-term public finance is not only a matter of an economic use of the scare government resources, but also of a fair taxation, of a well-organised collection of taxes, of a better fight against all forms of tax evasion, and of a well- designed tax system that avoids the combination of high marginal rates with low tax bases;
Amendment 573 #
Motion for a resolution
Recital CN
Recital CN
CN. whereas the European Council has not acted responsiblyin a timely and genuinely effective manner for the past years in the management of the crisis, and even though it has formulatinged numerous proposals to find a way out of the crisis for which in the Treaties not always a clear competence to the Union has been assignedand held a long series of meetings it has not been able to adopt measures or financing mechanisms with sufficient financial capacity to exit the crisis;
Amendment 752 #
Motion for a resolution
Annex – part 2 – point 2.1 – paragraph 1 - indent 5
Annex – part 2 – point 2.1 – paragraph 1 - indent 5
Amendment 753 #
Motion for a resolution
Annex – part 2 – point 2.1 – paragraph 1 - indent 6
Annex – part 2 – point 2.1 – paragraph 1 - indent 6
Amendment 762 #
Motion for a resolution
Annex – part 2 – point 2.2
Annex – part 2 – point 2.2
Amendment 795 #
Motion for a resolution
Annex – part 1 – point 3.1 – paragraph 1
Annex – part 1 – point 3.1 – paragraph 1
Amendment 817 #
Motion for a resolution
Annex – part 4 – Point 4.1 – paragraph 1
Annex – part 4 – Point 4.1 – paragraph 1
The Commission should be required to implement comprehensively the compromises reached in the Econtext of the two-pack trilogue negotiations between the European Parliament and the Councilomic Dialogue, in a context of economic coordination.