Activities of Liem HOANG NGOC related to 2010/2038(INI)
Plenary speeches (1)
Long-term sustainability of public finances for a recovering economy (A7-0147/2010, Liem Hoang Ngoc) (vote)
Reports (1)
REPORT Report on the long-term sustainability of public finances for a recovering economy PDF (241 KB) DOC (157 KB)
Amendments (6)
Amendment 15 #
Motion for a resolution
Recital D a (new)
Recital D a (new)
Da. Whereas, in response to the first signs of a recovery, the European Council recommended in September 2009 that fiscal policies should be ‘reoriented towards the long-term sustainability of public finances’, and pointed out that ‘exit strategies need to be designed in a coordinated manner as soon as the recovery takes hold, taking into account the specific situation of individual countries’.
Amendment 91 #
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Takes the view that managing public finances on the basis of a series of specific short-term decisions will establish the long-term sustainability of public finances, and that it is within the scope of this series of short-term decisions, in providing a structure for the short term, that the issue of the sustainability of public debt must be addressed;
Amendment 127 #
Motion for a resolution
Paragraph 14 a (new)
Paragraph 14 a (new)
14a. Recommends that the Commission and Council set up a public European credit rating agency which would have the authority to assess the quality of government accounts in the Member States and which would be completely independent of both the national and European authorities;
Amendment 143 #
Motion for a resolution
Paragraph 17 a (new)
Paragraph 17 a (new)
17a. Recommends that, when calculating Member States’ deficits, the Commission exclude any expenditure on investments made with a view to attaining targets set under the future EU 2020 European strategy, especially expenditure made with a view to promoting the creation of green jobs and reducing the European economy’s carbon footprint;
Amendment 144 #
Motion for a resolution
Paragraph 17 b (new)
Paragraph 17 b (new)
17b. Suggests that, if the markets launch a speculative assault on one or more Member States, the Council should give the ECB the go-ahead to partly finance the sovereign debt of the countries concerned under the exceptional circumstances outlined in Article 122(2) of the Lisbon Treaty;
Amendment 145 #
Motion for a resolution
Paragraph 17 c (new)
Paragraph 17 c (new)
17c. Stresses the importance of a common investment policy as part of a strategy for embarking upon a new economic model; takes the view that the European budgetary framework is not up to a task of such major proportions and recommends that this policy should therefore be funded by issuing eurobonds;