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Activities of Evelyn REGNER related to 2021/2061(INI)

Legal basis opinions (0)

Amendments (24)

Amendment 7 #
Motion for a resolution
Citation 7 a (new)
– having regard to the Commission Communication of 4 March 2021 entitled ‘The European Pillar of Social Rights Action Plan’ (COM(2021)102),
2021/07/15
Committee: ECON
Amendment 8 #
Motion for a resolution
Citation 7 b (new)
– having regard to the Porto Social Commitment of 7 May 2021 of the Council, the Commission, the Parliament and social partners,
2021/07/15
Committee: ECON
Amendment 19 #
Motion for a resolution
Recital A
A. whereas the European Semester plays an essential role in coordinating economic, employment, social and budgetary policies in the Member States; notes that the Semester, has been expanded to include, among other aspects, issues related to the financial sector and taxation, as well as objectives of the UN SDGs; notes that in order to further strengthen economic and social resilience, the EU must deliver on the principles of the European Pillar of Social Rights;
2021/07/15
Committee: ECON
Amendment 37 #
Motion for a resolution
Recital E
E. whereas unemployment rates decreasedthe European Union overall lost more than 3 million jobs in 2020 and unemployment rates increased in all Member States during the crisis; whereas young people have experienced the sharpest decline in employment; whereas unemployment rates decreased since last summer to an average rate of 8.4 % in the euro area and 7.6 % in the EU 27 in May 2021, and; whereas a further decrease to unemployment rates are only expected to fall below 2019 levels in three Member States; whereas in April 2021, the youth unemployment rate was 17.81 % and 7 % respectively is expected in 2022in the EU and 17.2 % which is higher than the pre-crisis levels;
2021/07/15
Committee: ECON
Amendment 53 #
Motion for a resolution
Recital H
H. whereas reference values of up to 3 % of planned or actual government deficit and 60 % of debt to GDP are defined by the TFEU; whereas these reference values were established in the early 1990s under fundamentally different economic circumstances and they are not based on a scientific analysis of the debt sustainability of public budgets;
2021/07/15
Committee: ECON
Amendment 58 #
Motion for a resolution
Recital H a (new)
Ha. Whereas the corporate income tax rate in the European Union has been reduced by more than half since 1980s, from 50 % in 1985 to 21 % now1a; _________________ 1a https://www.taxobservatory.eu
2021/07/15
Committee: ECON
Amendment 60 #
Motion for a resolution
Recital H b (new)
Hb. whereas the EU is estimated to lose between €160 and €190 billion each year due to corporate tax avoidance2a; _________________ 2a https://www.europarl.europa.eu/RegData/ etudes/STUD/2016/558776/EPRS_STU(2 016)558776_EN.pdf
2021/07/15
Committee: ECON
Amendment 61 #
Motion for a resolution
Recital H c (new)
Hc. whereas a minimum effective tax rate of 21 % could help EU governments get an additional revenue of some €100 billion per year; whereas this would decrease to some €50 billion for a minimum rate of 15 %3a; _________________ 3a https://www.taxobservatory.eu/wp- content/uploads/2021/07/TaxObservatory _Report_Tax_Deficit_July2021_Revised.p df
2021/07/15
Committee: ECON
Amendment 62 #
Motion for a resolution
Recital H d (new)
Hd. whereas the ECB predicted that a lack of action on climate change could reduce Europe’s GDP in the long-term by some 20pp; whereas such a reduction in growth rates would imply huge human cost and be detrimental to the long-term sustainability of public finances in the Euro zone4a; _________________ 4a https://www.ecb.europa.eu/pub/pdf/other/ ecb.climateriskfinancialstability202107~8 7822fae81.en.pdf
2021/07/15
Committee: ECON
Amendment 65 #
Motion for a resolution
Recital I a (new)
Ia. whereas the recovery and resilience plans adopted by the Member States will encompass their national agenda of reforms and investments designed in line with the EU policy objectives, centred on policy areas: green transition; digital transformation; smart, sustainable and inclusive growth; social and territorial cohesion; health, economic, social and institutional resilience; policies for the next generation, children and youth;
2021/07/15
Committee: ECON
Amendment 67 #
Motion for a resolution
Recital I b (new)
Ib. whereas the crisis resulted in increasing social, territorial, and economic and gender based inequalities;
2021/07/15
Committee: ECON
Amendment 69 #
Motion for a resolution
Recital I d (new)
Id. whereas during the Porto Social Summit held on 7 and 8 May 2021, the EU’s leaders recognised the European Pillar of Social Rights as a fundamental element of the recovery and whereas in the Porto declaration they underlined their determination to continue deepening its implementation at EU and national level;
2021/07/15
Committee: ECON
Amendment 87 #
Motion for a resolution
Paragraph 3
3. Points out that the roll-out of the Recovery and Resilience Facility (RRF) will help to make EU economies and societies more sustainable, inclusive, resilient and better prepared for the just, green and digital transitions, foster economic, social and territorial cohesion, bring convergence and help the Member States to mitigate the economic and social impact of the crisis; notes that the facility, which is the centrepiece of NextGenerationEU, will provide large- scale financial support to Member States of up to EUR 672.5 billion in grants and loans to finance reforms and investments;
2021/07/15
Committee: ECON
Amendment 105 #
Motion for a resolution
Subheading 1
Responsible fiscal and sustainable policies
2021/07/15
Committee: ECON
Amendment 107 #
Motion for a resolution
Paragraph 5
5. Notes that the general escape clause of the Stability and Growth Pact will continue to be applied in 2022 and is expected to be deactivated as of 2023; expects however that the general escape clause will remain activated as long as the underlying justification of the activation exists in order to support the efforts of the Member States to recover from the pandemic crisis and strengthen their competitiveness, as well as economic and social resilience; notes, furthermore, that the decision to deactivate the general escape clause should be taken as an overall assessment of the state of the economy based on quantitative criteria, with the level of economic activity in the EU compared to pre-crisis levels as the key, social and employment situation based on quantitative and quantlitative criteriona; points out that country-specific situations will continuhave to be taken into account also after the deactivation of the general escape clause;
2021/07/15
Committee: ECON
Amendment 137 #
Motion for a resolution
Paragraph 7
7. Is convinced that coordination of national fiscal policies remains crucial in underpinning the recovery; notes that the overall fiscal stance, taking into account national budgets and the RRF, should remain supportive in 2021 and 2022as long as necessary;
2021/07/15
Committee: ECON
Amendment 154 #
Motion for a resolution
Paragraph 8 a (new)
8a. Underlines that fiscal responsibility can be achieved not only by imposing limits to spending, but also by increasing revenues for government; supports governments’ efforts to increase revenues through the closing of loopholes for tax avoidance and the increasing of capital-gains, wealth and corporate income taxes;
2021/07/15
Committee: ECON
Amendment 189 #
Motion for a resolution
Paragraph 12 b (new)
12b. Calls on the Commission and the Council to ensure that gender equality and equal opportunities for all, and the mainstreaming of those objectives, are addressed in the country-specific recommendations and taken into account and promoted throughout the preparation and implementation of recovery and resilience plans;
2021/07/15
Committee: ECON
Amendment 190 #
Motion for a resolution
Subheading 2
Socially balanced, inclusive and sustainable structural reforms and, investment and public revenues
2021/07/15
Committee: ECON
Amendment 201 #
Motion for a resolution
Paragraph 13 a (new)
13a. Stresses that the recovery efforts must go hand in hand with a lasting increase of public and private investment beyond the RRF in order to be able to address current and future challenges and to achieve the EU policy objectives; recalls the investment gap estimated by the Commission in 2020 for the EU of more than 600 billion annually; Is concerned about the assessment of the European Fiscal Board on the low level of investment pre-crisis and the consequently limited recovery of investment in some countries;
2021/07/15
Committee: ECON
Amendment 217 #
Motion for a resolution
Paragraph 14 a (new)
14a. Underlines that public revenues are essential to ensure the sustainability of Member States public finances; considers it therefore necessary to subject the level of taxes and duties in the Member States to greater European coordination to avoid tax competition and to ensure that necessary government spending, whether for consumption or investment, is financed by regular revenues, except if these sources of revenue are insufficient due to a crisis or if additional growth-generating expenditure is to be financed;
2021/07/15
Committee: ECON
Amendment 221 #
Motion for a resolution
Paragraph 14 b (new)
14b. Recalls in this context, that taxation is one of the key policies monitored through the European Semester towards fairer and more growth- friendly tax systems; calls on the Council and its Member States to implement the recommendations in terms of addressing national measures to fight aggressive tax planning, tax evasion and tax avoidance or ineffective anti-money laundering measures;
2021/07/15
Committee: ECON
Amendment 236 #
Motion for a resolution
Paragraph 16
16. Highlights that tackling structural challenges is crucial for a sustainable recovery and continued growth, and that implementing reforms to address structural vulnerabilities is key not only to improving the ability to withstand and cope with existing challenges but also to accomplishing the twin transitions in a sustainable and fair manner; and reduce social inequalities; notes that in order to further strengthen economic and social resilience, the EU must deliver on the principles of the European Pillar of Social Rights, the Sustainable Development Goals and the European Green Deal;
2021/07/15
Committee: ECON
Amendment 273 #
Motion for a resolution
Paragraph 19 d (new)
19d. Reiterates the European Parliament’s call for strengthening its democratic role in the economic governance framework; calls therefore for an Interinstitutional Agreement on Sustainable European Economic Governance granting Parliament a right of consent on the policy recommendations presented in the Annual Sustainable Growth Survey, the Euro area fiscal stance and on the package of Country- specific Recommendations;
2021/07/15
Committee: ECON