5 Amendments of Krišjānis KARIŅŠ related to 2010/0281(COD)
Amendment 117 #
Proposal for a regulation
Recital 9
Recital 9
(9) Based on the multilateral surveillance procedure and the alert mechanism, the Commission should identify in a transparent procedure the Member States to be subject to an in-depth review. The in- depth review should encompass a thorough analysis of sources of imbalances in the Member State under review. It should be discussed withininclude a surveillance mission by the Commission to the Member State concerned, in liaison with the ECB when those missions concern Member States whose currency is the euro or Member States participating in ERM II. It should be discussed within the European Parliament, the Council and the Euro Group for the Member States whose currency is the euro.
Amendment 122 #
Proposal for a regulation
Recital 10
Recital 10
(10) A procedure to monitor and correct adverse macroeconomic imbalances, with preventive and corrective elements, will require enhanced surveillance tools based on those used in the multilateral surveillance procedure. This mayshould include enhanced surveillance missions and control of statistics by the Commission to Member States in liaison with the ECB when those missions concern participating Member States or Member States participating in the ERM II and additional reporting by the Member State in case of severe imbalances, including imbalances that jeopardise the proper functioning of the economic and monetary union.
Amendment 272 #
Proposal for a regulation
Article 5 – paragraph 1
Article 5 – paragraph 1
1. Taking account of the discussions in the Council, the European Parliament and the Euro Group, as provided for in Article 4(4), the Commission shall prepare an in- depth review for each Member State it considers affected by, or at risk of, imbalances. This assessment shall include an evaluation of whether the Member State in question is affected by macroeconomic imbalances, and of whether these macroeconomic imbalances constitute excessive imbalances. The in-depth review shall involve a surveillance mission by the Commission to the Member State concerned, in liaison with the ECB when the Member State concerned is a Member State participating in ERM II.
Amendment 354 #
Proposal for a regulation
Article 9 – paragraph 3
Article 9 – paragraph 3
3. The Commission mayshall carry out surveillance missions to the Member State concerned to monitor implementation of the corrective action plan, in liaison with the ECB when those missions concern Member States whose currency is the euro or Member States participating in ERM II.
Amendment 357 #
Proposal for a regulation
Article 9 – paragraph 3
Article 9 – paragraph 3
3. The Commission may carry out surveillance missions to the Member State concerned to monitor implementation of the corrective action plan. If the recommendations are not implemented, the conclusions of the mission shall be made public.