9 Amendments of Roberto GUALTIERI related to 2017/0333R(APP)
Amendment 2 #
Draft opinion
Paragraph 1
Paragraph 1
1. Welcomes the proposal for an integration of the European Stability Mechanism (ESM) into the EU legal order; recalls that such integration must be accompanied by appropriate democratic accountability;
Amendment 4 #
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1 a. Recalls that the monetary policy in the Union is an exclusive competence of the ECB;
Amendment 5 #
Draft opinion
Paragraph 1 b (new)
Paragraph 1 b (new)
1 b. Believes that any attempt to introduce the IMF framework into the EU legal framework should be avoided taking into account the whole institutional setting of the EU and of the Euro area,
Amendment 6 #
Draft opinion
Paragraph 1 c (new)
Paragraph 1 c (new)
1 c. Asks the successor of the European Stability Mechanism to be called the European Stability Fund (ESF)
Amendment 9 #
Draft opinion
Paragraph 2
Paragraph 2
2. Takes note of the proposed provisions regarding the accountability of the future European MonetarStability Fund (EMSF) to the European Parliament and the Council; notes in particular that the rules regarding the accountability of the EMF to the European Parliament mirror the already existing arrangements applicable to the Single Resolution Board (SRB), the European Central Bank (ECB) acting within the framework of the Single Supervisory Mechanism (SSM) and the European Systemic Risk Board (ESRB);
Amendment 10 #
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2 a. Believes that the relevant accountability framework for the future ESF should refer to the economic governance as a whole, recalls the request of this Parliament for an interinstitutional arrangement in this field,
Amendment 13 #
Draft opinion
Paragraph 3
Paragraph 3
3. Requests that the European Parliament be informed immediately and in an appropriate manner of the decisions that have been taken by the EMSF and approved by the Council;
Amendment 16 #
Draft opinion
Paragraph 4
Paragraph 4
4. Stresses that complete, accurate and timely information is a prerequisite for proper accountability; insists therefore, that the highest standard of transparency be laid down in the future interinstitutional agreement between the EMSF and the European Parliament regarding the decisions of the EMSF, the background of such decisions, access to EMSF documents and the records of discussions within the EMSF;
Amendment 24 #
Draft opinion
Paragraph 5
Paragraph 5
5. Understands the need for the Member States to validate decisions that have an impact on fiscal resources; stresses, however, that the EMSF is an instrument for crisis management, and should therefore be able to act swiftly; calls for the right balance to be struck between, on the one hand, ensuring democratic control of the EMSF and its accountability to the participating Member States and, on the other hand, the need to enable the requisite actions to be taken quickly, in particular by preventing an overly cumbersome decision-making process when approval has to be obtained from the Council; welcomestakes note of the provisions that ensure the transparency of the EMSF and its accountability to the national parliaments of the EMSF members and of the other participating Member States.