12 Amendments of Ramon TREMOSA i BALCELLS related to 2018/0212(COD)
Amendment 48 #
Proposal for a regulation
Recital 3 a (new)
Recital 3 a (new)
(3a) Furthermore, Member States should comply with the existing EU economic governance rules.
Amendment 76 #
Proposal for a regulation
Recital 8
Recital 8
(8) In particular, in order to support Member States whose currency is the euro to respond better to rapidly changing economic circumstances and stabilise their economy by preserving public investment in the event of large asymmetric shocks, a European Investment Stabilisation Function (EISF) should be established based on conditionality and the principle to exclude any type of moral hazard.
Amendment 170 #
Proposal for a regulation
Recital 27
Recital 27
(27) Both the determination of the amount of the national compartment and contributions to the Stabilisation Support Fund and their transfer should be governed by an intergovernmental agreement to be concluded between Member States whose currency is the euro and other Member States that participate in the exchange rate mechanism (ERM II). That agreement should provide that national compartment function as a contingency fund and that the national contributions for all the Member States are calculated based on the share 10%of the national central banks of those Member States whose currency is the euro in the monetary income of the Eurosystem. For Member States which participate in ERM II a specific key should be foreseen to determine the national contributions. The Commission should assist the Member States for the calculation of those contributions. To that end, the European Central Bank (ECB) should communicate to the Commission the amount of monetary income the national central banks of the Eurosystem are entitled to.
Amendment 206 #
Proposal for a regulation
Article 1 – paragraph 2
Article 1 – paragraph 2
2. The EISF shall provide financial assistance in the form of loans and interest rate subsidies for public investment to a Member State which is experiencing a large asymmetric shock, based on conditionality.
Amendment 220 #
Proposal for a regulation
Article 2 – paragraph 1 – point 3
Article 2 – paragraph 1 – point 3
(3) 'eligible public investment' means: (a) the public investment in support of policy objectives as defined in Regulation (EU) No [XX] of [XX] [insert reference to new Common Provisions Regulation]16 and (b) any expenditure in areas of education, research and development, and training as defined in Annex A to Regulation (EU) No 549/2013 and not covered in point (a); _________________ 16 [Insert correct reference to new version of Common Provisions Regulation]
Amendment 222 #
Proposal for a regulation
Article 2 – paragraph 1 – point 3 a (new)
Article 2 – paragraph 1 – point 3 a (new)
(3a) ‘national unemployment financing mechanism’ means: financing for unemployment benefits paid to persons in situation of unemployment
Amendment 224 #
Proposal for a regulation
Article 2 – paragraph 1 – point 4
Article 2 – paragraph 1 – point 4
(4) 'EISF support' means Union financial assistance within the meaning of Article [220] of the Financial Regulation in the form of loans and interest rate subsidies under the EISF in support of eligible public investment; and reinsurance unemployment mechanism
Amendment 269 #
Proposal for a regulation
Article 3 – paragraph 1 – point f a (new)
Article 3 – paragraph 1 – point f a (new)
(fa) a pending procedure under article 7 Treaty on the European Union.
Amendment 304 #
Proposal for a regulation
Article 5 – title
Article 5 – title
Supported investment and reinsurance unemployment mechanism
Amendment 309 #
Proposal for a regulation
Article 5 – paragraph 1 – subparagraph 1 – point a
Article 5 – paragraph 1 – subparagraph 1 – point a
(a) invest insupport eligible public investment or a national unemployment scheme by an amount corresponding to at least the amount of the EISF loan,
Amendment 313 #
Proposal for a regulation
Article 5 – paragraph 1 – subparagraph 1 – point b
Article 5 – paragraph 1 – subparagraph 1 – point b
(b) maintain the same level of its support for public investment and national unemployment scheme compared to the average level of its public investmensupport in the five previous years.;
Amendment 463 #
Proposal for a regulation
Annex II – point 2 – paragraph 1 – point a
Annex II – point 2 – paragraph 1 – point a
(a) GDP, GNI, internal demand, current account and subnational imbalances;