BETA

Activities of Ashley FOX related to 2010/0821(NLE)

Plenary speeches (1)

Amendment of the Treaty on the Functioning of the European Union with regard to a stability mechanism for Member States whose currency is the euro (debate)
2016/11/22
Dossiers: 2010/0821(NLE)

Shadow reports (1)

REPORT on the draft European Council decision amending Article 136 of the Treaty on the Functioning of the European Union with regard to a stability mechanism for Member States whose currency is the euro PDF (231 KB) DOC (157 KB)
2016/11/22
Committee: AFCO
Dossiers: 2010/0821(NLE)
Documents: PDF(231 KB) DOC(157 KB)

Amendments (20)

Amendment 9 #
Motion for a resolution
Recital F
F. whereas all possibilities should be explored with a view to bringing the mechanism fully into the institutional framework of the Union in future and providing for the involvement in iton a voluntary basis of those Member States whose currency is not the euro; whereas this may include recourse to mechanisms analogous to that provided for by Article 20 TEU on enhanced cooperation;
2011/03/03
Committee: AFCO
Amendment 22 #
Motion for a resolution
Recital L
L. whereas in the light of the political realities, Parliament is disposed to examine alternatives with a view to finding a pragmatic way forward;deleted
2011/03/03
Committee: AFCO
Amendment 25 #
Motion for a resolution
Recital M
M. whereas in the history of European integration intergovernmental instruments have functioned as "avant- garde" solutions which have paved the way for full integration at a given moment; whereas, therefore, such instruments were designed with a view to subsequent integration;deleted
2011/03/03
Committee: AFCO
Amendment 34 #
Motion for a resolution
Recital P
P. whereas in any furtherture revision of the TFEU should be conducted under the normal procedure and should ensure full respect of the Community methodthe choice of the revision procedure remains the prerogative of the institution or the Member State government proposing reform, in so far as this is compatible with the Treaty provisions;
2011/03/03
Committee: AFCO
Amendment 47 #
Motion for a resolution
Paragraph 4 a (new)
4a. Stresses that it is the responsibility of all Member States to exercise budgetary discipline and that a fully accountable and transparent Union framework can contribute to sounder public finances and a stronger ability to counter future crises;
2011/03/03
Committee: AFCO
Amendment 55 #
Motion for a resolution
Paragraph 6
6. Is deeply concerned byNotes the intention of Heads of States and Governments to establish the permanent stability mechanism outside the EU institutional framework, with the consequence that the Union institutions will not be fully involved; underlines that Member States must at any rate respect Union law and the prerogatives of the institutions laid down therein;
2011/03/03
Committee: AFCO
Amendment 59 #
Motion for a resolution
Paragraph 7
7. Regrets that the current political situation has not permitted an exploration of all the other possibilities contained in the Treaties for establishing a permanent stability mechanism; considers in particular that, in the framework of the present Union competences with regard to economic and monetary union (Article 3(4) TEU) and monetary policy for Member States whose currency is the euro (point (c) of Article 3(1) TFEU), it would have been appropriate to make use of the powers conferred on the Council by Article 136 TFEU, or in the alternative to have recourse to Article 352 TFEU in conjunction with Article 136 TFEU;deleted
2011/03/03
Committee: AFCO
Amendment 66 #
Motion for a resolution
Paragraph 8
8. Considers that the setting-up and functioning of the permanent stability mechanism should be brought as close as possible to the European Union framework, also making use, by analogy, of the institutional patterns of enhanced cooperation under Article 20 TEU as a means of involving the Union institutions at a preliminary stage and reassuring those Member States whose currency is not yet the euro or those Member States which have no legal obligation to adopt the euro; stresses that such a mechanism must take into account fully the needs both of the Member States in the euro area and of those Member States which have not yet adopted the euro or which have no plans to adopt it as their currency;
2011/03/03
Committee: AFCO
Amendment 69 #
Motion for a resolution
Paragraph 9 – introductory wording
9. States that, in order forConsiders the proposed draft European Council decision to be properly scrutinised, supplementary information is needed, notably concerning the envisaged design of the stability mechanism and the relations which it is intended to have with the Union institutions, with the proposed European Monetary Fund and with the International Monetary Fund; accordingly, makes its support for the draft European Council decision dependent on fulfilment of the following conditions:, with its basis as an intergovernmental measure, to be an acceptable proposal; gives its consent to the proposed Treaty change;
2011/03/03
Committee: AFCO
Amendment 75 #
Motion for a resolution
Paragraph 9 – point a
(a) a redrafting of the European Council draft decision as proposed in the amendments annexed hereto2, it being understood that, by shifting the proposed provision from Article 136(3) to Article 136(1) TFEU, the stabilitdeleted Or. en This paragraph will automatically be deleted if the Committee does not adopt any amechanism, notwithstanding its initial intergovernmental character, would be placed in a perspective of possible future incorporation into the framework of the Union, e.g. in the form of a special kind of agency, making use of the institutional patterns of enhanced cooperation; 1 2ndments. This paragraph will automatically be deleted if the Committee does not adopt any amendments.
2011/03/03
Committee: AFCO
Amendment 82 #
Motion for a resolution
Paragraph 9 – word separating points a and b
ordeleted
2011/03/03
Committee: AFCO
Amendment 85 #
Motion for a resolution
Paragraph 9 – point b – introductory wording
(b) a clear declaration by the European Council ensuring that:deleted
2011/03/03
Committee: AFCO
Amendment 88 #
Motion for a resolution
Paragraph 9 – point b – indent 1
– the operational features of the permanent stability mechanism and the conditionality measures (a stringent programme of economic and fiscal adjustment) will be decided on the basis of a recommendation by the Commission, after consulting Parliament, and that the Commission will be responsible for ensuring full respect of these measures and for the precautionary use of the mechanism, regularly reporting back to Parliament;deleted
2011/03/03
Committee: AFCO
Amendment 92 #
Motion for a resolution
Paragraph 9 – point b – indent 2
– the Commission will carry out all the necessary tasks in implementing and monitoring the permanent mechanism and in assessing the financial situation of the Member States, regularly reporting back to Parliament;deleted
2011/03/03
Committee: AFCO
Amendment 96 #
Motion for a resolution
Paragraph 9 – point b – indent 3
– the financial assistance under the mechanism will be subject to rigorous analysis and to a programme of economic and financial recovery; those Member States whose currency is the euro will act, when deciding to grant financial assistance, on the basis of an evaluation provided by the Commission, the European Central Bank and, in so far as it may be involved, the International Monetary Fund; andeleted
2011/03/03
Committee: AFCO
Amendment 102 #
Motion for a resolution
Paragraph 9 – point b – indent 4
– the secretariat of the permanent stability mechanism will be provided by the Commission;deleted
2011/03/03
Committee: AFCO
Amendment 108 #
Motion for a resolution
Paragraph 10
10. Recalls that the future stability mechanism should as far as possible make use of the Union institutions, for example as regards the carrying-out of administrative tasks, since this would avoid the setting-up of double structures which in the long term would prove detrimental to European integration;
2011/03/03
Committee: AFCO
Amendment 113 #
Motion for a resolution
Paragraph 11
11. Insists that compliance by Member States with the economic guidelines set up by the Commission and with the conditions imposed by the stability mechanism needs to be scrutinised by Parliamentgiven the highest priority, fully recognising the budget and control rights of every national parliament under the constitutional framework of every participating Member State;
2011/03/03
Committee: AFCO
Amendment 120 #
Motion for a resolution
Paragraph 13 a (new)
13a. Calls on the Council to examine as a matter of urgency the question of giving the European Parliament the power to decide where its seat should be based;
2011/03/03
Committee: AFCO
Amendment 123 #
Motion for a resolution
Annex to the motion for a resolution
Amendment to the draft European Council decision Article 136(1) TFEU, point b a (new): “on a recommendation from the Commission and after consulting the European Parliament, the Council may authorise the Member States whose currency is the euro to establish a stability mechanism to be activated if indispensable to safeguard the stability of the euro area as a whole. The granting of any required financial assistance under the mechanism will be decided on the basis of a European Commission proposal and be made subject to strict conditionality criteria in accordance with the principles and objectives of the Union. The European Parliament and the Council shall lay down the principles and general conditions for conditionality of financial assistance under the mechanism and its control, in accordance with the procedure referred to in Article 121(6).”deleted
2011/03/03
Committee: AFCO