15 Amendments of Michael THEURER related to 2015/2115(INI)
Amendment 7 #
Motion for a resolution
Recital B
Recital B
B. whereas, according to the same forecast, predicted unemployment in the euro area is expected to record a slow decrease, from 11.6 % at the end of 2014 to 10.5 % at the end of 2016; whereas there are major disparities between the unemployment rates in different Member States, with figures ranging from 6.4 % in Germany to 26.6 % in Greece; deplores the persistently high unemployment rates across most Member States, in particular the youth and long-term unemployment rates; notes with concern that a falling unemployment rate also disguises the social epidemic of emigration; stresses the need to reform national labour markets, reduce precariousness and raise internal demand in order to increase job creation rates; Notes with concern the use of draconian and compulsory work activation schemes for young people;
Amendment 11 #
Motion for a resolution
Recital B
Recital B
B. whereas, according to the same forecast, unemployment in the euro area is expected to record a slow decrease, from 11.6 % at the end of 2014 to 10.5 % at the end of 2016; whereas there are major disparities between the unemployment rates in different Member States, with figures ranging from 6.4 % in Germany to 26.6 % in Greece hitting in particular the young;
Amendment 78 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. AcknowledgNotes that, in reaction to a complex environment of falling inflation, contraction of credit and sluggish economic growth, and with its interest rates close to the zero lower bound, the ECB resorted to non-conventional monetary policy instruments; insists that monetary policy cannot resolve the fiscal and economic problems that exist in many Member States and cannot be a substitute for necessary structural reforms.
Amendment 156 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Considers that the existing flexibility within theall tools available in the enhanced Stability and Growth Pact rules cshould be used to better address the weak recovery in some Member States and consolidate the overall long term growth, in particular through the Macroeconomic Imbalances Procedure;
Amendment 177 #
Motion for a resolution
Paragraph 16
Paragraph 16
Amendment 197 #
Motion for a resolution
Paragraph 18 a (new)
Paragraph 18 a (new)
18a. welcomes the willingness expressed by Mario Draghi during the Monetary dialogue of 23 September 2015 "to inform the European Parliament of the positions taken by the ECB" within organisations such as the Financial Stability Board or the Basel Committee on Banking Supervision;
Amendment 204 #
Motion for a resolution
Paragraph 19 a (new)
Paragraph 19 a (new)
19a. supports the vision stated by Mario Draghi in his speech delivered in Frankfurt am Main on 16 March 2015 that "economic convergence should be reached through structural reforms that lead to an alignment of productivity levels. On the institutional side, we need to move from a system of rules and guidelines for national economic policy making to a system of further sovereignty sharing within common institutions. As part of this process, we need to strengthen the democratic accountability of Europe towards its citizens";
Amendment 207 #
Motion for a resolution
Paragraph 20
Paragraph 20
Amendment 235 #
Motion for a resolution
Paragraph 25
Paragraph 25
Amendment 237 #
Motion for a resolution
Paragraph 25 – point a
Paragraph 25 – point a
Amendment 238 #
Motion for a resolution
Paragraph 25 – point b
Paragraph 25 – point b
Amendment 250 #
Motion for a resolution
Paragraph 26
Paragraph 26
26. Asks the ECBReminds the ECB, the Member States, the Council and the European Parliament (Economic and Monetary Affairs Committee) to examine the gender imbalance factor on its Council when itsand Board when their membership iss are renewed;
Amendment 267 #
Motion for a resolution
Paragraph 27
Paragraph 27
27. Believes that the current structure of the Banking Union should be complemented in the future with a single mechanism to guarantee bank deposits, aimed at avoiding capital flight in the event of a future banking crisis; echoes the statement made by the ECB President, at the thirty-second meeting of the International Monetary and Financial Committee in Lima, that completing the Banking Union is key "in order to create a truly single banking system and achieve its objectives of breaking the bank- sovereign nexus, making the financial system more resilient, and protecting the interests of taxpayers" and that in "parallel, the authorities will need to decisively deal with remaining crisis legacies to create a better foundation for bank lending to the real economy";
Amendment 281 #
Motion for a resolution
Paragraph 28
Paragraph 28
28. Welcomes the capital market union project and its potential contribution to rebalancing the funding channels and reducing excessive dependence of euro area economies on the banking system;
Amendment 282 #
Motion for a resolution
Paragraph 28
Paragraph 28
28. Welcomes the capital market union project and its potential contribution to reducing excessive dependence of euro area economies on the banking system; makes clear that the aim is not to diminish, or to keep funding means at their current level, but rather to increase and diversify them;