14 Amendments of Burkhard BALZ related to 2013/2134(INI)
Amendment 30 #
Motion for a resolution
Recital C
Recital C
C. whereas urgent action is required in many areas, inter alia in advancing structural reforms, restoring the sustainability of public finances and restoring lending to the real economy and SMEs, in fighting tax fraud and aggressive tax planning, and in seeking effective European solutions to unemployment and thus also significantly enhancing the social dimension of EMUlevel of competitiveness and the economic prospects;
Amendment 45 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Welcomes the Commission's recognition that ‘to be successful, policies need not only to be well designed but to have political and social support’, and that 'Europe needs, beyond fiscal consolidation, real - sustainable growth cand specific and urgent action to tackle the unacceptably high levels of unnot be built on unsustainable debt - and real growth so that people can find sustainable employment';
Amendment 59 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Welcomes the Commission's recognition that ‘deficit’ countries need to boost their competitiveness and that ‘surplus’ countries need to boost their demand, and that this calls for a deep revision of the prevailing policy stanceare encouraged to remove obstacles to the growth of their domestic demand;
Amendment 62 #
Motion for a resolution
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Welcomes the Commission's recognition that structural reforms are essential to kick-start growth and serve the dual goal of reducing unemployment and restoring the sustainability of public finances;
Amendment 77 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Calls for deeper investigation of the reasons for the huge increase in internal divergences in competitiveness, fiscal consolidation and economic performance across Member States that have resulted from the functioning of the single currency, and in particular of the asymmetric impact of common policies;
Amendment 96 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Calls on the Commission to submit as a matter of urgency the legislative proposal on new financial incentiveso supporting Member States in the implementation of structural reforms, including a Competitiveness and Convergence Instrument (CCI) based on the Community method as a first step towards a European fiscal capacity;
Amendment 108 #
Motion for a resolution
Paragraph 10
Paragraph 10
Amendment 112 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. WelcomesTakes note of the use by the Commission of the margin of manoeuvre offered by the revised SGP to extend the deadlines for the correction of excessive deficits in seven procedures; calls onunderlines the Commission and the Council to ensure that the content and the calendar of the fiscal adjustment path are adapted to the specificity of each country and, particul's statement that this extra time is to be used to reduce the structural budgetarly in ‘deficit’ countries, include the aforementioned margin of manoeuvre and the full use of structural funds, sound and sustainable structural reforms and the identification of investments (namely in the CSR) essential to boost competitiveness; calls, intensify reforms and pave the way for sustainable recovery; calls on the Commission and the Council to ensure that the content and the calendar onf the Commission to clarify as a matter of urgency the ways in which to accommodate, under certain conditions, non-recurrent, public investment programmes with a proven impact on the sustainability of public financesfiscal adjustment path are fully respected; stresses the fact that public investment programmes must, in all cases, be included in the debt and deficit calculation of the SGP;
Amendment 125 #
Motion for a resolution
Paragraph 12
Paragraph 12
Amendment 142 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Commends the Commission's recognition that there is a need for greater attention to be paid to the distributional impact of reforms, and calls on the Commission to carry out a thorough ex- ante assessment of the social impact of all the new recommended reforms and to derive all the necessary conclusions from previous recommendations, including those made to Member States under financial assistance programmes;
Amendment 149 #
Motion for a resolution
Paragraph 15
Paragraph 15
Amendment 161 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Agrees that the ECB's action has ‘decisively contributed to the stability of the euro area’, limiting speculation on sovereign debt; considers, however, that insufficient growth and high (and still growing) levels of private and public debt in many Member States mean that ‘a carefully managedthe process of deleveraging’ is required; calls on must be further pursued; agrees with the Commission, therefore, to quickly deliver its 2-pack commitments to Parliament in order to deepen the analysisat the improvement of the health onf the partial substitution of national debt issuance through joint issuance in the form of a redemption fund and eurobillsbanking sector needs to remain a priority;
Amendment 182 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. UrgNotes that the Commission to submitted a legislative proposal to create a Single Resolution Mechanism (including a Single European Authority and an industry financed Single European Fund), which is essential for, which is another step towards completing the Banking Union; urges the Council to rapidly conclude negotiations with Parliament on the Deposit Guarantee Schemes Directive and on the Banking Recovery and Resolution Directive (to be negotiated in parallel);
Amendment 192 #
Motion for a resolution
Paragraph 19
Paragraph 19