3 Amendments of Derk Jan EPPINK related to 2009/2090(INI)
Amendment 60 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Opines that the crisis has demonstrated that markets are prone to systemic risks; welcomes the proposal to establish a European Systemic Risk Board (ESRB), which will provide early warnings about future risks and imbalances in financial markets; notes that the ESRB must react promptly and effectively to an incipient systemic risk; notes that a qualitative definition of 'systemic risk' must exist to allow the effective functioning of the ESRB; therefore calls on the ECB to establish clear models and definitions and, more generally, to give full support to the effective functioning of the ESRB;
Amendment 63 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Welcomes the fact that the euro has contributed to an increase in cross-border provision of financial services in the euro area, and therefore contributed to a highly integrated money market; points out, however, that the stability of the euro is a constant cause for concern, given the major financial and economic disparities between Member States forming part of the underlying euro area;
Amendment 65 #
Motion for a resolution
Paragraph 22
Paragraph 22
22. Believes that the growing international status of the euro will offer advantages and responsibilities on the world stage; believes that this will continue to encourage Member States outside the euro area and third countries, to seek membership of the euro area; notes, however, that excessive weakness of the dollar - and of currencies pegged to it – is having an adverse impact on the European export sector;