Procedure completed
2017/2226(INI) European semester for economic policy coordination: annual growth survey 2018
Lead committee dossier: ECON/8/11256
Legal Basis RoP 52
| Role | Committee | Rapporteur | Shadows |
|---|---|---|---|
| Opinion | BUDG | ARTHUIS Jean (ALDE) | |
| Lead | ECON | BAYET Hugues (S&D) | VANDENKENDELAERE Tom (EPP), LUCKE Bernd (ECR), NAGTEGAAL Caroline (ALDE), URBÁN CRESPO Miguel (GUE/NGL), EICKHOUT Bas (Verts/ALE), ANNEMANS Gerolf (ENF) |
| Opinion | ENVI | MELO Nuno (EPP) | |
| Opinion | FEMM | REGNER Evelyn (S&D) | |
| Opinion | REGI | MIHAYLOVA Iskra (ALDE) |
Legal Basis RoP 52
Subjects
Activites
-
2018/03/14
Results of vote in Parliament
- Results of vote in Parliament
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T8-0077/2018
summary
The European Parliament adopted by 544 to 141, with 2 abstentions, a resolution on the European Semester for economic policy coordination: Annual Growth Survey 2018. According to Commission forecasts, while the expansion of the European economy is expected to continue, the pace of job creation and household purchasing power growth implies a slight loss of momentum over the next two years, with growth reaching 2.4 % in 2017 in the EU and then marginally slowing down to 2.2 % in 2018 and to 2.0 % in 2019. Parliament took note of the publication of the 2018 Annual Growth Survey (AGS) package and the proposed policy mix of investments, ambitious and socially balanced structural reforms and responsible public finances. It agreed that further progress on the implementation of structural reform is needed to deliver on growth and jobs, and to carry on the fight against those inequalities that hamper economic growth. Investments and growth: Members underlined the importance of boosting public investment in the EU in order to remedy the current decrease in public investment. They urged the completion of the Capital Market Union with a view to boosting private investments across the single market. The regulatory framework for private investment should also be improved further. Further investment is needed in the areas of research, development and innovation, infrastructures, childcare, social housing, education, training, health, research, digital innovation and the circular economy can increase productivity and/or employment. Responsible public finance: the gross debt-to-GDP ratio within the euro area still hovers around 90 %, with several Member States being well above that level. While welcoming the improvements made in public finances, Member States are called on to reduce their high debt-to-GDP ratios as a matter of urgency, as this is markedly easier to do in times of economic recovery. Taking account of ageing societies, Member States should take responsibility for future generations. Structural reforms: Parliament insisted on bringing expenditure on R&D closer to the EU 2020 targets and on Member States to set in place proper policies, and to provide investment, to ensure or maintain equal access to lifelong education and training, taking into account the evolution of the labour market, including the emergence of new professions in the area of digitalisation, globalisation and technological change. Members also called for taxation reviews aimed at achieving a fair balance of taxation on capital, labour and consumption. Convergence and inclusion: the European Semester and the CSRs should contribute to the achievement of the objectives of EU 2020 strategy, including those set out in the Pillar of Social Rights, and should deliver on growth and jobs. Given that during the recent period, real wage growth has lagged behind productivity growth, while improvements have occurred in the labour market, Members stressed that there could be room for wage increases in certain sectors, in line with productivity goals to ensure good standards of living, taking into account competitiveness and the need to tackle inequalities. Efficient and fair tax systems that provide the right incentives for economic activity are encouraged. Parliament called for adequate measures to be adopted to help and integrate young persons not in education, employment or training (NEETs) and refugees, anticipating at an early stage the requirements for facilitating their smooth transition to the labour market, in order to prevent them from being sucked into the black economy and to ensure that public services are provided with sufficient resources. European Semester framework: ownership and implementation: Parliament welcomed the increased attention given to the euro area’s aggregate fiscal stance, while pointing to the obligations of individual Member States to comply with the Stability and Growth Pact, including full respect of its existing flexibility clauses. Members expressed concern about the low rate of compliance with the CSRs, including those aimed at fostering convergence, increasing competitiveness and reducing macroeconomic imbalances. They stated that more national ownership through genuine public debates at national level would lead to better implementation of the CSRs and that it is important to ensure that national parliaments debate country reports and CSRs. Regional and local authorities should be better involved in the European Semester process. Stressing that any further step towards a deepening of the EMU must go hand in hand with stronger democratic controls, Members insisted that the role of both the European Parliament and the national parliaments must be strengthened in line with the liability principle. Budgets: Members considered that EU budgets must provide an incentive for sustainable growth, convergence, investments and reforms, through solutions and synergies as regards national budgets. The AGS should serve as a guideline for the Member States, and for the preparation of national and EU budgets, particularly in the context of the preparation of the post-2020 multiannual financial framework. There should be greater synergies between national budgets and the EU budget.
- 2018/03/13 Debate in Parliament
-
2018/02/28
Committee report tabled for plenary, single reading
-
A8-0047/2018
summary
The Committee on Economic and Monetary Affairs adopted the own-initiative report by Hugues BAYET (S&D, BE) on the European Semester for economic policy coordination: Annual Growth Survey 2018. The Committee on Budgets, exercising its prerogative as an associated committee in accordance with Article 54 of the Rules of Procedure, also gave its opinion on the report. According to Commission forecasts, while the expansion of the European economy is expected to continue, the pace of job creation and household purchasing power growth implies a slight loss of momentum over the next two years, with growth reaching 2.4 % in 2017 in the EU and then marginally slowing down to 2.2 % in 2018 and to 2.0 % in 2019. Further policy action will nonetheless be required to address unresolved legacies of the global economic crisis. Investments and growth: Members underlined the importance of boosting public investment in the EU in order to remedy the current decrease in public investment. They urged the completion of the Capital Market Union with a view to boosting private investments across the single market. The regulatory framework for private investment should also be improved further. Further investment is needed in the areas of research, development and innovation, infrastructures, childcare, social housing, education, training, health, research, digital innovation and the circular economy can increase productivity and/or employment. Responsible public finance: while welcoming the improvements made in public finances, Member States are called on to reduce their high debt-to-GDP ratios as a matter of urgency, as this is markedly easier to do in times of economic recovery. The report underlined the need for a stronger focus on the composition and management of national budgets. Structural reforms: Members insisted on bringing expenditure on R&D closer to the EU 2020 targets and on Member States to set in place proper policies, and to provide investment, to ensure or maintain equal access to lifelong education and training, taking into account the evolution of the labour market, including the emergence of new professions. Members also called for taxation reviews aimed at achieving a fair balance of taxation on capital, labour and consumption. Convergence and inclusion: the report underlined that the European Semester and the CSRs should contribute to the achievement of the objectives of EU 2020 strategy, including those set out in the Pillar of Social Rights, and should deliver on growth and jobs. It highlighted that, in the recent period, real wage growth has lagged behind productivity growth, while improvements have occurred in the labour market. Members stressed that there could be room for wage increases in certain sectors, in line with productivity goals to ensure good standards of living, taking into account competitiveness and the need to tackle inequalities. Efficient and fair tax systems that provide the right incentives for economic activity are encouraged. Members called for adequate measures to be adopted to help and integrate young persons not in education, employment or training (NEETs) and refugees, anticipating at an early stage the requirements for facilitating their smooth transition to the labour market, in order to prevent them from being sucked into the black economy and to ensure that public services are provided with sufficient resources. European Semester framework: ownership and implementation: the report welcomed the increased attention given to the euro area’s aggregate fiscal stance, while pointing to the obligations of individual Member States to comply with the Stability and Growth Pact, including full respect of its existing flexibility clauses. Members expressed concern about the low rate of compliance with the CSRs, including those aimed at fostering convergence, increasing competitiveness and reducing macroeconomic imbalances. They stated that more national ownership through genuine public debates at national level would lead to better implementation of the CSRs and that it is important to ensure that national parliaments debate country reports and CSRs. Regional and local authorities should be better involved in the European Semester process. Stressing that any further step towards a deepening of the EMU must go hand in hand with stronger democratic controls, Members insisted that the role of both the European Parliament and the national parliaments must be strengthened in line with the liability principle. Budgets: Members considered that EU budgets must provide an incentive for sustainable growth, convergence, investments and reforms, through solutions and synergies as regards national budgets. The AGS should serve as a guideline for the Member States, and for the preparation of national and EU budgets, particularly in the context of the preparation of the post-2020 multiannual financial framework. There should be greater synergies between national budgets and the EU budget.
-
A8-0047/2018
summary
-
2018/02/21
Vote in committee, 1st reading/single reading
-
2017/10/26
Committee referral announced in Parliament, 1st reading/single reading
Documents
- Committee report tabled for plenary, single reading: A8-0047/2018
- Debate in Parliament: Debate in Parliament
- Results of vote in Parliament: Results of vote in Parliament
- Decision by Parliament, 1st reading/single reading: T8-0077/2018
| Amendments | Dossier |
| 481 |
2017/2226(INI)
2017/12/15
ENVI
25 amendments...
Amendment 1 #
Draft opinion Paragraph -1 (new) -1. Emphasises the protection of the environment is not an obstacle to economic growth and employment but that the decarbonisation of the economy should on the contrary be seen as a key source for new and sustainable economic growth and employment; considers that the EU must invest more in order to maintain its status as the global frontrunner of the transition to a low- carbon economy and a sustainable production-consumption system;
Amendment 10 #
Draft opinion Paragraph 1 c (new) 1 c. Recommends that measures to support the continuation of the recovery focus on ensuring investments that support transition to fossil free, efficient renewable economy in support of domestic employment and demand;
Amendment 11 #
Draft opinion Paragraph 1 d (new) 1 d. Stresses the fact that investment in resource efficiency, energy savings and emission reductions will increase productivity across the economy whilst reducing external costs and impacts; highlights the opportunities for support for the transition towards a circular economy to create new jobs in innovative, maintenance and repair services and in designing and making new, more sustainable products;
Amendment 12 #
Draft opinion Paragraph 1 d (new) 1 d. Considers that, within the discussion on the European Semester, the Commission should come forward with new policies and incentives to encourage Member States to rapidly phase out fossil fuel subsidies which are one the most pressing hurdles to achieving EU climate and renewables targets and the achievement of the EU 2020 goals and the SDGs;
Amendment 13 #
Draft opinion Paragraph 1 e (new) 1 e. Reiterates the need to phase out fossil fuel and other environmentally harmful subsidies by 2020 and to shift taxes from labour to environmental taxation;
Amendment 14 #
Draft opinion Paragraph 2 2. Welcomes the proclamation of the European Pillar for Social Rights at the Social Summit for Fair Employment and Growth in Gothenburg, based on 20 principles, such as the establishment of health care concerning the right to access in preventive and curative quality health care at affordable prices, although in the area of social protection and health, some Member States are already ahead of these objectives;
Amendment 15 #
Draft opinion Paragraph 3 3. Calls on the Commission and Member States to enhance efforts in developing, reforming, and implementing effectively policies that address health promotion and disease prevention
Amendment 16 #
Draft opinion Paragraph 3 3.
Amendment 17 #
Draft opinion Paragraph 4 4. Welcomes the initiative of the European Commission in launching the web portal on health promotion and disease prevention which provides up-to date information on topics related to the promotion of health and well-being, an important source of clear and reliable information for citizens provided that this information comes from reliable and independent sources, and especially not funded by the pharmaceutical industry;
Amendment 18 #
Draft opinion Paragraph 4 4. Welcomes the initiative of the European Commission in launching the web portal on health promotion and disease prevention which provides up-to date information on topics related to the promotion of health and well-being, an important source of clear and reliable information for citizens; stresses that this portal should be fully accessible to all EU citizens, including those suffering from dyslexia and other such difficulties;
Amendment 19 #
Draft opinion Paragraph 5 Amendment 2 #
Draft opinion Paragraph -1 a (new) -1 a. Emphasizes that environmental and sustainability policy must be given a more prominent role in the European Semester, in particular for key issues such as resource efficiency, natural capital and ecosystem services, green jobs, sustainable innovation and green financing;
Amendment 20 #
Draft opinion Paragraph 5 5. Stresses the need, in the context of the review of the European Civil Protection Mechanism, to effectively create an EU civil protection response reserve of civil protection assets complementary to national resources, strengthening the European common response capacity to disasters such as forest fires and earthquakes; stresses the need to encourage greater co-operation on the advanced planning of European disaster- response operations by, among other measures, mapping Member States' assets, drawing up contingency plans as well as improving risk-management planning;
Amendment 21 #
Draft opinion Paragraph 7 7. Stresses that extreme events, such as drought in southern European countries, hurricanes or catastrophic floods, especially in overseas territories, require the signatories of the Paris Agreement to increase their ambition to meet the targets established;
Amendment 22 #
Draft opinion Paragraph 8 8. Calls on the European Commission to create a real sustainable management and protection strategy for forests to help to fight the effects of climate change
Amendment 23 #
Draft opinion Paragraph 8 8. Calls on the European Commission to
Amendment 24 #
Draft opinion Paragraph 8 8.
Amendment 25 #
Draft opinion Paragraph 8 a (new) 8 a. Calls for increased and structured involvement of civil society and environmental organisations in the European Semester process, and increased involvement of Environment ministers in the European Semester process at Council level;
Amendment 3 #
Draft opinion Paragraph -1 b (new) -1 b. Reiterates that since at least 20% of the EU budget for 2014-2020 should be spent on climate change related action, the contribution for 2018 should overshoot the overall target in order to offset the lower allocations from the first half of the current Multiannual Financial Framework; stresses that stable and appropriate funding is essential to achieving the European Union's commitments, especially in light of the Paris Agreement; calls, in this regard, on the Commission to guarantee that the mechanism of climate change mainstreaming is fully optimized;
Amendment 4 #
Draft opinion Paragraph -1 c (new) -1 c. Welcomes the Commission's commitment to mainstreaming Sustainable Development Goals (SDGs) into all EU policies and initiatives; underlines that in order for the EU to meet the goals of the 2030 Agenda it is essential these are reflected in the European Semester in a comprehensive way; calls on the Commission to develop without delay a long-term roadmap for the full implementation of the SDGs in the EU, recognising the inter-linkages and equal importance of the different SDGs, and to integrate all outstanding aspects of the 2030 Agenda and the 7th Environment Action Programme into the European Semester;
Amendment 5 #
Draft opinion Paragraph 1 a (new) 1 a. Highlights the environmental significance and socio-economic benefits of biodiversity, such as the Natura 2000 network which contributes between 1.7 and 2.5% to EU GDP through the provision of ecosystem services such as carbon storage, water purification, pollination and tourism and notes with concern that the EU's 2020 biodiversity targets will not be met without substantial additional efforts and adequate financial commitments for which the European Semester is an essential tool;
Amendment 6 #
Draft opinion Paragraph 1 a (new) 1 a. Regrets that the Commission Annual Growth Survey for 2018 still fails to place the future of Union economy in the context of the necessary phase out of carbon emissions and a shift to a circular economy, therefore missing the opportunity to guide Europe's economy to a more stable, inclusive, productive and resilient path;
Amendment 7 #
Draft opinion Paragraph 1 b (new) 1 b. Underlines that a horizontal application of sustainability criteria and performance based objectives for all EU structural and investment funds, including the European Fund for Strategic Investments, is needed in order to achieve a comprehensive transition to sustainable and inclusive economic growth; calls on the Commission and Member States to re-orient investments towards sustainable technologies and businesses in order to finance growth in a sustainable manner over the long-term;
Amendment 8 #
Draft opinion Paragraph 1 b (new) 1 b. Considers that measurement and benchmarking methodologies for resource efficiency and greenhouse gas intensity should be included in both the European Semester in the framework of the scoreboard for macroeconomic imbalances, and the review of the Europe 2020 strategy;
Amendment 9 #
Draft opinion Paragraph 1 c (new) 1 c. Welcomes the increasing amount of institutional and private capital allocated toward financing the SDGs and invites the Commission and Member States to develop sustainable development criteria for EU institutional spending, identify potential regulatory barriers and incentives to SDG investment and explore opportunities for convergence and cooperation between public and private investments;
source: 615.465
2018/01/09
BUDG
27 amendments...
Amendment 1 #
Draft opinion Paragraph 1 1.
Amendment 10 #
Draft opinion Paragraph 3 3.
Amendment 11 #
Draft opinion Paragraph 4 4. Recalls its support for the creation of a euro area fiscal capacity in order to
Amendment 12 #
Draft opinion Paragraph 4 4. Recalls its support for the creation of a euro area fiscal capacity in order to cope with macroeconomic shocks and increase the competitiveness and stability of Member States’ economies, as stated in its resolution of 16 February 2017 on budgetary capacity for the euro area1 ; advocates the creation of a fiscal capacity for the euro area that would not overlap with the existing policies and make the budget fragmented; consider
Amendment 13 #
Draft opinion Paragraph 4 4. Recalls its
Amendment 14 #
Draft opinion Paragraph 4 4. Recalls its support for the creation of a
Amendment 15 #
Draft opinion Paragraph 4 a (new) 4 a. Calls on the Commission to encourage tax systems reforms focused in increase the top rate of income tax specifically capital income taxation, generating resources for transferring public goods and services and reversing threatening trends on growth and job creation from income and wealth inequalities, affecting mostly 40% of the population at the bottom of income distribution;
Amendment 16 #
Draft opinion Paragraph 5 5. Welcomes the announcement by President Juncker concerning the proposal to transform the European Stability Mechanism (ESM) into a European Monetary Fund to be integrated into the EU framework; urges the Commission to adopt proposals to fully integrate all intergovernmental tools related to the euro into the EU framework
Amendment 17 #
Draft opinion Paragraph 5 5.
Amendment 18 #
Draft opinion Paragraph 5 5. Welcomes the
Amendment 19 #
Draft opinion Paragraph 5 5.
Amendment 2 #
Draft opinion Paragraph 1 1. Considers that EU budgets must provide an incentive for sustainable growth
Amendment 20 #
Draft opinion Paragraph 5 a (new) 5 a. Recalls the importance to the budgetary resources of the EU and its Member States of fighting tax evasion, tax avoidance and aggressive tax planning;welcomes the EU's blacklist of tax havens but regrets that the Council has watered down listing criteria;underlines that the blacklist has to be accompanied by strong, deterrent sanctions against listed countries;calls for public country-by-country reporting and the introduction of a common corporate tax base (CCCTB) to promote tax transparency and a level playing field;
Amendment 21 #
Draft opinion Paragraph 5 a (new) 5 a. Considers that it is necessary to encourage public and private investment in infrastructure, research, development, innovation and education with the aim to increase productivity and impact positively on economic growth and increase of wages;calls for strong and efficient cohesion policy which will, among other priorities, support implementation of economic policy mix to reach high development, growth and job creation;
Amendment 22 #
Draft opinion Paragraph 5 a (new) 5 a. A European Monetary Fund with new major stabilization instruments could be misused for massive transfers to over- indebted Member States.Nor is it desirable at all to push back the role of the International Monetary Fund in Europe.The influence of international financiers on the crisis countries in the Eurozone was very healing, otherwise there would have been more bad compromises and rule softening;
Amendment 23 #
Draft opinion Paragraph 5 a (new) 5 a. Believes that this proposal should be further detailed and reinforced as regards the accountability provisions of the EMF towards the European Parliament, its capacity to endorse all its functions, notably as common backstop to the Banking Union and on its concrete decision capacity when assuming its stabilisation function;
Amendment 24 #
Draft opinion Paragraph 5 a (new) 5 a. Is concerned by low inflations levels prevailing in the euro area, as repeatedly pointed out by the ECB;considers that wages in some Member States are maintained at artificially low levels, with a detrimental effect on the whole EU economy;
Amendment 25 #
Draft opinion Paragraph 5 b (new) 5 b. Stresses that youth unemployment stands at 17% in the EU and welcomes that the EU has committed budgetary resources to tackle this issue, namely the Youth Employment Initiative (YEI);recalls that 75% of the total YEI Budget till 2020 has been allocated to projects and 19% has already been spent by the Member States which makes the YEI Budget implementation rate the highest among the European Structural and Investment Funds (ESI Funds);given the importance of the issue, calls on the Commission and the Member States to take action to further improve take up;
Amendment 26 #
Draft opinion Paragraph 5 b (new) 5 b. Is concerned that the EMU reform proposal lacks of tools ensuring convergence within the euro area apart from the structural reforms tools, and underlines that these tools cannot be conceived as contractual arrangements within the EU budget;
Amendment 27 #
Draft opinion Paragraph 5 c (new) 5 c. Recalls, as a real EMU Member States convergence instrument, the European Parliament proposal in its resolution of 8th of October 2013, “Budgetary constraints for regional and local authorities regarding the EU’s Structural Funds”, to exclude the aggregate volumes of national co- financing under the European Structural and Investment Funds from the limits imposed by the Stability and Growth Pact;
Amendment 3 #
Draft opinion Paragraph 1 a (new) 1 a. Calls on the Commission, within the framework of the next MFF, to increase substantially the European Social Fund aimed specifically to support the implementation of the European Pilar of Social Rights (EPSR);
Amendment 4 #
Draft opinion Paragraph 1 b (new) 1 b. Calls on the Commission to put forward a concrete legislative planning for the period 2018-2019 aiming to improve living and working conditions in the context of the Proclamation of the European Pillar of Social Rights, and specifically encourage the proclamation of a Social Protocol to be annexed to the Treaties to ensure that fundamental social rights take precedence over economic freedoms;
Amendment 5 #
Draft opinion Paragraph 2 2.
Amendment 6 #
Draft opinion Paragraph 2 2.
Amendment 7 #
Draft opinion Paragraph 3 3. Urges the Commission to propose ambitious reforms of the governance of the euro area,
Amendment 8 #
Draft opinion Paragraph 3 3.
Amendment 9 #
Draft opinion Paragraph 3 3. Urges the Commission to propose ambitious reforms of the governance of the euro area, including the introduction
source: 616.549
2018/01/17
ECON
374 amendments...
Amendment 1 #
Motion for a resolution Citation 9 a (new) - having regard to the assessment of the European Fiscal Board of 20 June 2017 on the prospective fiscal stance appropriate for the euro area,
Amendment 10 #
Motion for a resolution Recital A A. whereas, according to Commission forecasts, the expansion of the European economy is expected to continue, although the pace of job creation and household
Amendment 100 #
Motion for a resolution Paragraph 2 a (new) 2 a. Stresses the importance of private investment for growth and job creation, and emphasises the need to create conducive legal and institutional environment for private investments to expand faster, especially in technologically more advanced areas with high potential spill overs;
Amendment 101 #
Motion for a resolution Paragraph 2 a (new) 2a. Considers that productivity and growth are enhanced by the deepening of the internal market and measures to boost international trade;
Amendment 102 #
Motion for a resolution Paragraph 3 Amendment 103 #
Motion for a resolution Paragraph 3 Amendment 104 #
Motion for a resolution Paragraph 3 3. Stresses th
Amendment 105 #
Motion for a resolution Paragraph 3 3.
Amendment 106 #
Motion for a resolution Paragraph 3 3. Stresses th
Amendment 107 #
Motion for a resolution Paragraph 3 3. Stresses the importance of
Amendment 108 #
Motion for a resolution Paragraph 3 3. Stresses the importance of a wage increase, a
Amendment 109 #
Motion for a resolution Paragraph 3 3.
Amendment 11 #
Motion for a resolution Recital A A. whereas, according to Commission forecasts, the expansion of the European economy is expected to continue, although the pace of job creation and household purchasing power growth implies a slight loss of momentum over the next two years, with growth reaching 2.3 % this year in the EU and then marginally slowing to 2.1 % in 2018 and to ease slightly to 1.9 % in 2019; whereas, however, growth is still fragile and relies on a continuing monetary policy stimulus;
Amendment 110 #
Motion for a resolution Paragraph 3 3. Stresses th
Amendment 111 #
Motion for a resolution Paragraph 3 3. Stresses the importance of
Amendment 112 #
Motion for a resolution Paragraph 3 3. Stresses the importance of a wage increase at European level in order to boost private consumption as
Amendment 113 #
Motion for a resolution Paragraph 3 3. Stresses the importance of a wage increase at European level in order to boost private consumption as the main support for growth; points out the need to focus on the interaction between monetary, fiscal and incomes (including wage and profit development) policies rather than only fiscal issues; considers that pay should be pegged to macroeconomic demand stimulation requirements, the cost of living, and social justice;
Amendment 114 #
Motion for a resolution Paragraph 3 3. Stresses the importance of a wage increase at European level in order to boost private consumption as the main support for growth and reduce inequalities; highlights that the wage setting mechanism should also able to promoting quality job creation, real income increases and preserving the purchasing power of the low wages, also to fight the issue of working poor; points out the need to focus on the interaction between monetary, fiscal and incomes (including wage and profit development) policies rather than only fiscal issues;
Amendment 115 #
Motion for a resolution Paragraph 3 3. Stresses the importance of a wage increase at European level in order to boost private consumption as the main support for growth; points out the need to focus on the interaction between monetary, fiscal and incomes (including wage and profit development) policies rather than only fiscal issues; believes, therefore, that this wage increase should take the following format: an increase of 5 per cent as of mid-2018 in the minimum wage of all countries that have a minimum wage, while the minimum wage system, always adapted to national circumstances, is introduced in those countries that do not have it;
Amendment 116 #
Motion for a resolution Paragraph 3 3. Stresses the importance of a wage increase at European level in order to boost private consumption as the main support
Amendment 117 #
Motion for a resolution Paragraph 3 3. Stresses the importance of a wage increase at European level in order to boost private consumption as the main support for growth; emphasizes, however, that growth should not only rely on private consumption, which is effective in the short-term, but be based on productivity growth for a more sustainable growth in the long-term; points out the need to focus on the interaction between monetary, fiscal and incomes (including wage and profit development) policies rather than only fiscal issues;
Amendment 118 #
Motion for a resolution Paragraph 3 3. Stresses the importance of a wage increase at European level in order to boost private consumption as the main support for growth; is therefore concerned about the slow growth of wages which for many European citizens means a reduction of their purchasing power over the last years; points out the need to focus on the interaction between monetary, fiscal and incomes (including wage and profit development) policies rather than only fiscal issues;
Amendment 119 #
Motion for a resolution Paragraph 3 3. Stresses the importance of a productivity increase followed by a wage increase at European level in order to boost private consumption as the main support for growth; points out the need to focus on the interaction between monetary, fiscal and incomes (including wage and profit development) policies rather than only fiscal issues;
Amendment 12 #
Motion for a resolution Recital A a (new) A a. whereas, although a limited, and regionally and socially uneven progress in reducing poverty and social exclusion can be observed, there are still disadvantaged groups in society with an unacceptable 119 million people below poverty level in the EU of which more than 25 million of Children across of Europe (more than 1 in 4children) and regional disparities persist;
Amendment 120 #
Motion for a resolution Paragraph 3 3. Stresses the importance of a responsible wage increase at European level in order to boost private consumption as the main support for growth; points out the need to focus on the interaction between monetary, fiscal and incomes (including wage and profit development) policies rather than only fiscal issues;
Amendment 121 #
Motion for a resolution Paragraph 3 a (new) 3a. Stresses that wage developments must be in line with productivity developments, otherwise competitiveness within the EU and globally will be seriously impaired;
Amendment 122 #
Motion for a resolution Paragraph 3 a (new) 3 a. Recommends that pension systems across the European Union are made inflation proof and that they ensure as of now, that pension payments really reflect the needs of elderly families;
Amendment 124 #
Motion for a resolution Paragraph 3 b (new) 3 b. Points out the need for fiscal policy to focus on its two core functions, which are to monitor the sustainability of public finances, and the stability of economic cycles, thereby taking into account monetary policy;
Amendment 125 #
Motion for a resolution Paragraph 4 4. Welcomes the improvements in public finances, in particular the gradually declining debt/GDP ratios for the EU and euro area and falling headline budget deficits; however recalls that
Amendment 126 #
Motion for a resolution Paragraph 4 4. Welcomes the improvements in public finances, in particular the gradually declining
Amendment 127 #
Motion for a resolution Paragraph 4 4. Welcomes the improvements in public finances, in particular the gradually declining debt/GDP ratios for the EU and euro area and falling headline budget deficits;
Amendment 128 #
Motion for a resolution Paragraph 4 4. Welcomes the improvements in public finances, in particular the gradually declining debt/GDP ratios for the EU and euro area and falling headline budget deficits; recalls that
Amendment 129 #
Motion for a resolution Paragraph 4 4. Welcomes the improvements in public finances, in particular the gradually declining debt/GDP ratios for the EU and euro area and falling headline budget deficits in many countries; recalls that
Amendment 13 #
Motion for a resolution Recital A a (new) A a. Whereas the EU’s excessively low productivity and global competitiveness calls for structural reforms, continued fiscal efforts and investment in Member States in order to bring about sustained growth and employment and achieve upward convergence with other global economies and within the EU;
Amendment 130 #
Motion for a resolution Paragraph 4 4. Welcomes the improvements in public finances, in particular the gradually declining debt/GDP ratios for the EU and euro area and falling headline budget deficits; recalls that
Amendment 131 #
Motion for a resolution Paragraph 4 4. Welcomes the improvements in public finances, in particular the gradually declining debt/GDP ratios for the EU and euro area and falling headline budget deficits; recalls that
Amendment 132 #
Motion for a resolution Paragraph 4 4. Welcomes the improvements in public finances, in particular the gradually declining debt
Amendment 133 #
Motion for a resolution Paragraph 4 4. Welcomes the improvements in public finances, which is key to reach a more solid, sustainable and efficient growth, in particular the gradually declining debt/GDP ratios for the EU and euro area and falling headline budget deficits; recalls that, while many Member States have limited fiscal leeway for implementing sustainable, growth-friendly structural reforms, some Member States still have
Amendment 134 #
Motion for a resolution Paragraph 4 4. Welcomes the improvements in public finances, in particular the gradually declining debt/GDP ratios for the EU and euro area and falling headline budget deficits; recalls that, while many Member States have limited fiscal leeway for implementing sustainable, growth-friendly structural reforms, some Member States still have large surpluses which should be used to sustain investments and growth across the EU; takes the view, however, that, in many countries, government debt remains at unsustainable levels and points to the need for a comprehensive renegotiation agreement to relieve countries of this unfair and intolerable burden;
Amendment 135 #
Motion for a resolution Paragraph 4 4. Welcomes the improvements in public finances, in particular the gradually declining debt/GDP ratios for the EU and euro area and falling headline budget deficits; recalls that, while many Member States have limited fiscal leeway for implementing sustainable, growth-friendly structural reforms, some Member States still have large surpluses which should be used to sustain investments and growth across the EU; nevertheless believes that structural reforms eligible for public investments should be carefully selected not to jeopardize the soundness of public finances, while supporting inclusive and sustainable growth;
Amendment 136 #
Motion for a resolution Paragraph 4 4. Welcomes the improvements in public finances, in particular the gradually declining debt/GDP ratios for the EU and euro area and falling headline budget
Amendment 137 #
Motion for a resolution Paragraph 4 4. Welcomes the improvements in public finances, in particular the gradually declining debt/GDP ratios for the EU and euro area and falling headline budget deficits; recalls that, while many Member States have limited fiscal leeway for implementing socially and environmentally sustainable, growth- friendly structural reforms, some Member States still have large surpluses which should be used to sustain investments and growth across the EU;
Amendment 138 #
Motion for a resolution Paragraph 4 a (new) 4 a. Emphasises that European economic governance needs to be refocused from the narrow objective of GDP growth towards wellbeing and convergence with high minimum standards for gender equality; considers that the new well-being-oriented economic policymaking should be based on a ‘magic polygon’ consisting of fairly distributed material well-being, quality of life, financial stability, price stability, full employment and decent jobs, ecological sustainability, stable public sector activity and balanced external economic relations;
Amendment 139 #
Motion for a resolution Paragraph 4 a (new) 4 a. recalls the need to reduce the levels of public debt and rebuild fiscal buffers, to help the European economies to be more resilient to shocks, especially in highly indebted countries; warns about higher financing costs in the future once monetary policy accommodation is reduced, especially in the euro area;
Amendment 14 #
Motion for a resolution Recital A a (new) Aa. whereas recovery in the labour markets, and growth, is uneven among the Member States, benefitting those that have implemented ambitious structural reforms; whereas that demonstrates the effectiveness of structural reforms;
Amendment 140 #
Motion for a resolution Paragraph 4 a (new) 4 a. Recalls that while some highly indebted Member States implemented significant structural reforms to increase their competitiveness; some other Member States with more fiscal leeway could have used their fiscal space more fully in order for fiscal policy to be more supportive;
Amendment 141 #
Motion for a resolution Paragraph 4 a (new) 4 a. Notes that sustainable public growth cannot be built on monetary policy and recalls the importance of growth- enhancing structural reforms in line with Country-Specific-Recommendations;
Amendment 142 #
Motion for a resolution Paragraph 4 a (new) 4a. Stresses that the positive economic development should be used to consolidate public finances, since that is markedly easier to do in times of economic recovery;
Amendment 143 #
Motion for a resolution Paragraph 4 a (new) 4a. Considers it a matter of urgency to correct both deficit and surplus current account imbalances;
Amendment 144 #
Motion for a resolution Paragraph 4 b (new) 4 b. asks the Commission to not only focus on public debt levels, but also take into account the implications for sustainable economic growth of an excessive rise in household and corporate debt;
Amendment 146 #
Motion for a resolution Paragraph 5 5. Recalls the importance of both public and private investment for
Amendment 147 #
Motion for a resolution Paragraph 5 5. Recalls th
Amendment 148 #
Motion for a resolution Paragraph 5 5. Recalls the importance of
Amendment 149 #
Motion for a resolution Paragraph 5 5. Recalls the importance of
Amendment 15 #
Motion for a resolution Recital A a (new) A a. whereas European competitiveness depends heavily on non-prices elements related to innovation, technology and organisational capabilities, rather than barely on prices, costs and wages;
Amendment 150 #
Motion for a resolution Paragraph 5 5. Recalls the importance of public investment for boosting and leveraging investment in the EU; considers that the policy mix proposed in the AGS 2018
Amendment 151 #
Motion for a resolution Paragraph 5 5. Recalls the importance of public investment for boosting and leveraging investment in the EU; considers that the policy mix proposed in the AGS 2018 should be further developed to remedy the current decrease in public investment in the EU;
Amendment 152 #
Motion for a resolution Paragraph 5 5. Recalls the importance of
Amendment 153 #
Motion for a resolution Paragraph 5 5. Recalls the importance of public and private investment for boosting and leveraging
Amendment 154 #
Motion for a resolution Paragraph 5 5. Recalls the importance of public investment for boosting and leveraging
Amendment 155 #
Motion for a resolution Paragraph 5 5. Recalls the importance of public investment for boosting and leveraging investment in the EU; considers that the policy mix proposed in the AGS 2018 should be further developed to remedy the current decrease in public investment in the EU; highlights that this decrease also affects local and regional authorities, threatening their ability to deliver quality public services; recalls that investments in areas such as infrastructures, education, training, health, research, digital innovation and the circular economy can increase both productivity and employment while attention needs to be paid to creating quality employment and safe working conditions; welcomes the recognition by the Commission of the need for Member States to invest in affordable, accessible and quality services, such as childcare, education and training, healthcare and housing;
Amendment 156 #
Motion for a resolution Paragraph 5 5. Recalls the importance of public investment for boosting and leveraging investment in the EU; considers that the policy mix proposed in the AGS 2018 should be further developed to remedy the current decrease in public investment in the EU; highlights that this decrease also affects local and regional authorities, threatening their ability to deliver quality public services; notes that the lack of administrative capacity of the public administration at local and regional level is an obstacle to the implementation of structural reforms and to the long-term investments needed to bridge the investment gap; urges Member States to remove existing obstacles which hinder private and public investment at local and regional level;
Amendment 157 #
Motion for a resolution Paragraph 5 5. Recalls the importance of public investment for boosting and leveraging investment in the EU; considers that the policy mix proposed in the AGS 2018 should be further developed to remedy the current decrease in public investment in the EU; highlights that this decrease also affects local and regional authorities, threatening their ability to deliver quality public services; believes, therefore, that efforts under the Juncker Plan should be channelled towards public investment so as to avoid a proliferation of public- private partnerships of questionable sustainability;
Amendment 158 #
Motion for a resolution Paragraph 5 5. Recalls the importance of well- targeted public investment for raising competitiveness and boosting and leveraging investment in the EU; warns that boosting investment should not be seen as an alternative to productivity- enhancing reforms; considers that the policy mix proposed in the AGS 2018 should be further developed to remedy the current decrease in public investment in the EU; highlights that this decrease also affects local and regional authorities, threatening their ability to deliver quality public services;
Amendment 159 #
Motion for a resolution Paragraph 5 5. Recalls the importance of public investment for boosting and leveraging investment in the EU; notes with concern that the level of public investment in the EU as percent of GDP has declined over last several years; considers that the policy mix proposed in the AGS 2018 should be further developed to remedy the current decrease in public investment in the EU; highlights that this decrease also affects local and regional authorities, threatening their ability to deliver quality public services;
Amendment 16 #
Motion for a resolution Recital A b (new) Ab. whereas growth has to an important degree relied upon unconventional and, in the long term, unsustainable monetary policies; whereas policy for sustainable growth involves a three-pronged approach made up of growth-friendly investment, full implementation of the Stability and Growth Pact in all Member States, and ambitious structural reforms;
Amendment 160 #
Motion for a resolution Paragraph 5 5. Recalls the importance of public investment for accelerating the pace of reforms and for boosting and leveraging investment in the EU; considers that the policy mix proposed in the AGS 2018 should be further developed to remedy the current decrease in public investment in the EU; highlights that this decrease also affects local and regional authorities, threatening their ability to deliver quality public services;
Amendment 161 #
Motion for a resolution Paragraph 5 a (new) 5 a. Recalls the importance of a business-friendly administrative and regulatory environment to make it easier for companies, and particularly for scale- ups, to access finance and raise funds cross-border; welcomes the AGS 2018 emphasis on the need to improve the quality of the public administration, which should involve all levels of government;
Amendment 162 #
Motion for a resolution Paragraph 5 a (new) 5 a. Agrees that the economic upswing needs to be supported by investment and notes that there is still an investment gap in the euro area; recognises, however, that in some Member States investments already exceed the pre-crisis level;
Amendment 163 #
Motion for a resolution Paragraph 5 b (new) 5 b. Considers that reforms removing investment bottlenecks would allow for immediate support for economic activity and at the same time set the conditions for long-term growth;
Amendment 164 #
Motion for a resolution Paragraph 6 Amendment 165 #
Motion for a resolution Paragraph 6 Amendment 166 #
Motion for a resolution Paragraph 6 Amendment 167 #
Motion for a resolution Paragraph 6 Amendment 168 #
Motion for a resolution Paragraph 6 Amendment 169 #
Motion for a resolution Paragraph 6 6.
Amendment 17 #
Motion for a resolution Recital A b (new) A b. Whereas growth has to an important degree relied upon unconventional and, in the long term, unsustainable monetary policies; whereas this supports the call for a three-pronged policy approach of growth-friendly investment, a full and consistent implementation of the Stability and Growth pact across Member States, and a particular focus on structural reforms;
Amendment 170 #
Motion for a resolution Paragraph 6 6. Asks for a revision of the accounting standards (European System of National and Regional Accounts, ESA 2010) to
Amendment 171 #
Motion for a resolution Paragraph 6 6.
Amendment 172 #
6.
Amendment 173 #
Motion for a resolution Paragraph 6 a (new) 6 a. Notes that debates on a smart allocation of public spending and policy priorities in the EU budget are taking place regularly, and that such a critical assessment is indispensable for improving the quality of Member States’ public budgets in the medium and long term and to prevent linear budget cuts that could particularly affect women, among others;
Amendment 174 #
Motion for a resolution Paragraph 6 b (new) 6 b. Takes the view that improving the structure and quality of public budgets is a key lever to ensure compliance with EU fiscal rules and to allow for the financing of indispensable expenditure, for example in relation to social security systems, which are of particular importance for women, the building of buffers for unforeseen needs and, lastly, the financing of non-essential spending;
Amendment 175 #
Motion for a resolution Paragraph 7 7.
Amendment 176 #
Motion for a resolution Paragraph 7 7. Underlines the fact that the European Semester and the Country- Specific Recommendations should
Amendment 177 #
Motion for a resolution Paragraph 7 7. Underlines that the European Semester and the Country-Specific Recommendations should
Amendment 178 #
Motion for a resolution Paragraph 7 7. Underlines that the
Amendment 179 #
Motion for a resolution Paragraph 7 7. Underlines that the objectives of the European Semester and the Country- Specific Recommendations
Amendment 18 #
Motion for a resolution Recital A c (new) A c. Whereas the EU’s insufficient level of global competitiveness and productivity calls for structural reforms in the Member States in order to bring about sustained growth;
Amendment 180 #
Motion for a resolution Paragraph 7 7. Underlines that the European Semester and the Country-Specific Recommendations should
Amendment 181 #
Motion for a resolution Paragraph 7 7. Underlines that the European
Amendment 182 #
Motion for a resolution Paragraph 7 7. Underlines that the European Semester and the Country-Specific Recommendations should achieve the objectives set out in the Pillar of Social Rights; Highlights that EPSR is a first step through consolidation of a common approach to the protection and development of social rights across the EU, which should be reflected in measures pursued by Member States; Reiterates the call on the Commission to continue to complement this with further measures on deepening the economic and monetary union;
Amendment 183 #
Motion for a resolution Paragraph 7 7.
Amendment 184 #
Motion for a resolution Paragraph 7 7. Underlines that the European Semester and the Country-Specific Recommendations (CSRs) should achieve the objectives set out in the Pillar of Social Rights; in this regard an increased role should be given to social indicators in the European Semester; moreover, considers that the CSRs should give a more prominent place to the issues related to demographic change;
Amendment 185 #
Motion for a resolution Paragraph 7 7. Underlines that the European Semester and the Country-Specific Recommendations should achieve the objectives set out in the European Pillar of Social Rights; takes the view that more attention should be paid to social indicators and well-being objectives in the context of the European Semester and the Annual Growth Survey;
Amendment 186 #
Motion for a resolution Paragraph 7 7. Underlines that the European Semester and the Country-Specific Recommendations should achieve the objectives set out in the Pillar of Social Rights; increasing investments in education and life-long learning, while fostering gender equality, is key in order to achieve inclusive growth in a structurally fast-changing labour market;
Amendment 187 #
Motion for a resolution Paragraph 7 7. Underlines that the European Semester and the Country-Specific Recommendations should achieve the objectives set out in the Pillar of Social Rights; Calls for the binding character of low levels of unemployment, poverty and in equalities in the same way economic indicators are binding;
Amendment 188 #
Motion for a resolution Paragraph 7 7. Underlines that the European Semester and the Country-Specific Recommendations should achieve the objectives set out in the Pillar of Social Rights; stresses the importance, to that end, of assessing the relevant indicators at all stages of the Semester;
Amendment 189 #
Motion for a resolution Paragraph 7 7. Underlines that the European Semester and the Country-Specific Recommendations should achieve the objectives set out in the Pillar of Social
Amendment 19 #
Motion for a resolution Recital A c (new) Ac. whereas fiscal consolidation measures are easier to take, politically, in times of robust growth;
Amendment 190 #
Motion for a resolution Paragraph 7 a (new) 7 a. Considers that, as a consequence of the non-binding character of Country- Specific Recommendations regarding structural reforms, responsibility for the consequences of non-implementation remains with the Member States; takes the view that the sharing of the burden of the consequences is conditional to the implementation of the Country-Specific Recommendations;
Amendment 191 #
Motion for a resolution Paragraph 7 a (new) 7 a. Points out the need for an in-depth analysis and more comprehensive assessment of social indicators within the framework of the European Semester; calls on the Commission to add further social indicators, which should be placed on an equal footing with economic indicators;
Amendment 192 #
Motion for a resolution Paragraph 7 a (new) 7 a. Underlines that economic policy and social rights fall in the exclusive competence of the Member States;
Amendment 193 #
Motion for a resolution Paragraph 7 b (new) 7 b. Remains concerned about the lack of gender perspective and indicators within the framework of the European Semester and calls for greater inclusion of the gender mainstreaming perspective in the formulation of country-specific recommendations, convergence programmes and national reform programmes; stresses the need to monitor social and gender progress and the impact of reforms overtime; requests, therefore, the use of gender-segregated data, the calculation of new indicators and the inclusion of new information encompassing each of the Europe 2020 Strategy’s five headline targets, including R&D and energy targets, in order to monitor progress and bring to light gender differences;
Amendment 194 #
Motion for a resolution Paragraph 7 c (new) 7 c. Calls for an increase in minimum wages, greater wage transparency and for pay audits to be undertaken at company level in order to achieve equal pay for the same work in all sectors and professions; calls on the Member States, moreover, to stop their blockage of the Women on Boards directive; underlines, furthermore, the importance of working towards achieving an effective work-life balance framework for all men and women to be able to reconcile their private and professional lives;
Amendment 195 #
Motion for a resolution Paragraph 7 d (new) 7 d. Stresses the need to prioritise action to tackle unemployment, poverty and social exclusion, which affect women above all, and to give priority to sustainable employment and quality jobs, investment, and quality public services which ensure social inclusion, especially in the areas of education, health, childcare, care of dependent persons, public transport and social services;
Amendment 196 #
Motion for a resolution Paragraph 7 e (new) 7 e. Calls for the second principle of the Pillar of Social Rights, namely that equality of treatment and opportunities between women and men must be ensured and fostered in all areas, including regarding participation in the labour market, terms and conditions of employment and career progression, and that women and men have the right to equal pay for work of equal value, to be fully integrated into the European Semester;
Amendment 197 #
Motion for a resolution Paragraph 8 Amendment 198 #
Motion for a resolution Paragraph 8 Amendment 199 #
Motion for a resolution Paragraph 8 8.
Amendment 2 #
Motion for a resolution Citation 15 a (new) - having regard to the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union;
Amendment 20 #
Motion for a resolution Recital B B. whereas private consumption growth is expected to drop slightly next year before easing in 2019, as a result of higher inflation compared to last year, which is dampening the purchasing power of households and this effect is likely to be only partially mitigated by lower private savings; on the other hand, inflation remains significantly below the ECB’s target of 2% per annum, so that deflation has not yet been eliminated;
Amendment 200 #
Motion for a resolution Paragraph 8 8. Insists on the need to develop within the European semester a comprehensive strategy to support investment
Amendment 201 #
Motion for a resolution Paragraph 8 8. Insists on the need to
Amendment 202 #
Motion for a resolution Paragraph 8 8. Insists on the need to develop within the European semester a comprehensive strategy to support investment that enhances environmental sustainability; calls on the Commission, in this respect, to demonstrate how its statement that ‘the SDGs are now fully integrated in the Semester’ (Commission communication of 22 May 2017, COM(2017)0500) is reflected in Annual Growth Survey 2018 and will be reflected in the subsequent Semester process; stresses that support for the transition towards a low-carbon and circular economy will create new jobs in services and in making new and more sustainable products and markets; stresses that investments to foster such a transition should be significantly increased at both national and EU level; calls on the Commission to address country specific recommendations (CSRs) in the field of energy efficiency and resource consumption and to ensure that CSRs are fully consistent with the Paris climate agreement;
Amendment 203 #
Motion for a resolution Paragraph 8 8. Insists on the need to develop within the European semester a comprehensive strategy to support investment that enhances environmental sustainability; calls on the Commission, in this respect, to demonstrate how its statement that ‘the SDGs are now fully integrated in the Semester’ (Commission communication of 22 May 2017, COM(2017)0500) is reflected in Annual Growth Survey 2018 and will be reflected in the subsequent Semester process; therefore, public investment designated to modifying the technological base and the productive model, or based in renewable energies, should not be considered within the limits set up for the public deficit calculations.
Amendment 204 #
Motion for a resolution Paragraph 8 8. Insists on the need to develop within the European
Amendment 205 #
Motion for a resolution Paragraph 8 8. Insists on the need to develop within the European semester a comprehensive strategy to support investment that enhances environmental sustainability and progress in the bioindustrial sector; calls on the Commission, in this respect, to demonstrate how its statement that ‘the SDGs are now fully integrated in the Semester’ (Commission communication of 22 May 2017, COM(2017)0500) is reflected in Annual Growth Survey 2018 and will be reflected in the subsequent Semester process;
Amendment 206 #
Motion for a resolution Paragraph 8 8. Insists on the need to develop within the European semester a comprehensive and an ambitious strategy to support investment that enhances environmental sustainability; calls on the Commission, in this respect, to demonstrate how its statement that ‘the SDGs are now fully integrated in the Semester’ (Commission communication of 22 May 2017, COM(2017)0500)
Amendment 208 #
Motion for a resolution Paragraph 9 9. Welcomes the fact that the AGS
Amendment 209 #
Motion for a resolution Paragraph 9 9. Welcomes the fact that the AGS 2018 acknowledges the need for effective, efficient and fair tax systems t
Amendment 21 #
Motion for a resolution Recital B B. whereas private consumption growth is expected to drop slightly next year before easing in 2019, as a result of higher inflation compared to last year,
Amendment 210 #
Motion for a resolution Paragraph 9 9. Welcomes the fact that the AGS 2018 acknowledges the need for efficient and fair tax systems to ensure sustainable public finance
Amendment 211 #
Motion for a resolution Paragraph 9 9. Welcomes the fact that the AGS 2018 acknowledges the need for efficient and fair tax systems
Amendment 212 #
Motion for a resolution Paragraph 9 9. Welcomes the fact that the AGS 2018 acknowledges the need for efficient and fair tax systems to ensure sustainable finance
Amendment 213 #
Motion for a resolution Paragraph 9 9. Welcomes the fact that the AGS 2018 acknowledges the need for efficient and fair tax systems to ensure sustainable finance
Amendment 214 #
Motion for a resolution Paragraph 9 9. Welcomes the fact that the AGS 2018 acknowledges the need for efficient and fair tax systems to ensure sustainable finance and reverse the current fall in capital income taxation; supports the Commission’s initiatives to achieve increased transparency, a reformed VAT system
Amendment 215 #
Motion for a resolution Paragraph 9 9. Welcomes the fact that the AGS 2018 acknowledges the need for efficient and fair tax systems to ensure sustainable finance and reverse the current fall in capital income taxation; supports the Commission’s initiatives to
Amendment 216 #
Motion for a resolution Paragraph 9 9. Welcomes the fact that the AGS
Amendment 217 #
Motion for a resolution Paragraph 9 9. Welcomes the fact that the AGS 2018 acknowledges the need for efficient and fair tax systems to ensure sustainable finance and reverse the current fall in capital income taxation; recalls that fair and growth-friendly tax systems can diminish inequalities and poverty and boost employment; supports the Commission’s initiatives to achieve increased transparency, a reformed VAT system and a common consolidated corporate tax base;
Amendment 218 #
Motion for a resolution Paragraph 9 9. Welcomes the fact that the AGS 2018 acknowledges the need for efficient and fair tax systems to ensure sustainable finance and reverse the current fall in capital income taxation; supports the Commission’s initiatives to achieve increased transparency, a reformed VAT system and a common consolidated corporate tax base; believes that cooperation and a coordinated approach are fundamental to fight against tax abuse;
Amendment 219 #
Motion for a resolution Paragraph 9 9. Welcomes the fact that the AGS 2018 acknowledges the need for efficient and fair tax systems to ensure sustainable finance and reverse the current fall in capital income taxation; supports the Commission’s initiatives to achieve increased transparency, a reformed VAT system and a common consolidated corporate tax base; notes however:
Amendment 22 #
Motion for a resolution Recital B a (new) B a. whereas according to the debt sustainability analysis done by the Commission the aggregate public debt is projected to decrease slightly under 85 % of GDP by mid-2020, it is under the same scenario projected to increase again in the second half of the 2020 due to the costs of ageing resulting in public debt levels far above 60 % of GDP for the foreseeable future, while these public debt developments vary significantly across member states, due to a different composition of the population and a wide variance in the implementation of structural reforms;
Amendment 220 #
Motion for a resolution Paragraph 9 – indent 1 (new) - that care must be taken not to let a new form of tax populism distort the fact that the European Union needs to extend support to financial services that enable individuals and corporations to transparently manage their own funds flexibly in a globalised world;
Amendment 221 #
Motion for a resolution Paragraph 9 – indent 2 (new) - that tax competition is necessary to enable EU Member States from the periphery or with limited endowments to stay in the competitive race;
Amendment 222 #
Motion for a resolution Paragraph 9 – indent 3 (new) - that one size fits all measures are neither desirable nor effective; and
Amendment 223 #
Motion for a resolution Paragraph 9 – indent 4 (new) - that the admirable urges for tax purity within the European Institutions do not end up pandering to the aggressive tax policies being developed by extreme right ideologues in the US;
Amendment 224 #
Motion for a resolution Paragraph 9 a (new) 9a. Backs a common consolidated tax base and minimum rates for corporate taxes, meaning that the principle must apply that tax is levied in the country in which profits are made;
Amendment 225 #
Motion for a resolution Paragraph 9 a (new) 9 a. Stresses that the lack of competitiveness and investment in the EU is linked to a general tax burden that is 10 to 15 % higher than in competing markets, creating tax wedges on companies, investments and labour;
Amendment 226 #
Motion for a resolution Paragraph 9 a (new) 9 a. Calls for a shift from taxation on labour to taxation on consumption and green taxation;
Amendment 227 #
Motion for a resolution Paragraph 9 b (new) 9 b. Agrees that high taxation is a hindrance to investments and jobs; calls for reforms in taxation with a view to tackling the high tax burden on labour in Europe;
Amendment 228 #
Motion for a resolution Paragraph 10 Amendment 229 #
Motion for a resolution Paragraph 10 10.
Amendment 23 #
Motion for a resolution Recital B a (new) B a. whereas the economic recovery is uneven across the EU; whereas there are still significant imbalances within the euro area and the EU as a whole, with the EU objective to close the economic and social gap between Northern and Southern countries far to be reached;
Amendment 230 #
Motion for a resolution Paragraph 10 10.
Amendment 231 #
Motion for a resolution Paragraph 10 10.
Amendment 232 #
Motion for a resolution Paragraph 10 10.
Amendment 233 #
Motion for a resolution Paragraph 10 10.
Amendment 234 #
Motion for a resolution Paragraph 10 10.
Amendment 235 #
Motion for a resolution Paragraph 10 10.
Amendment 236 #
Motion for a resolution Paragraph 10 10.
Amendment 237 #
Motion for a resolution Paragraph 10 10.
Amendment 238 #
Motion for a resolution Paragraph 10 10. Regrets that the overall neutral fiscal stance proposed in the recommendations for the euro area, even though the fiscal stance is expected to be slightly expansionary in a number of Member States in 2018, does not appear to fully support the strengthening of economic growth and job creation; highlights that the current fiscal framework is characterised by the key weakness of the absence of rules to coordinate the aggregate Euro Area fiscal stance, in particular the SGP asymmetry represented by the lack of tools to require expansionary fiscal stance;
Amendment 239 #
Motion for a resolution Paragraph 10 a (new) 10 a. Stresses that fiscal consolidation programmes should by no means impose austerity measures undermining social policies that suffer substantial cuts; any proposed fiscal measure should be assessed and monitored against its social impact;
Amendment 24 #
Motion for a resolution Recital B a (new) B a. whereas levels of public debt persist at high levels and remain a drag on growth;
Amendment 240 #
Motion for a resolution Paragraph 10 a (new) 10 a. Underlines that the fiscal stances at national and euro-area level must balance the long-term sustainability of public finances in full compliance with the Stability and Growth Pact with short- term macroeconomic stabilisation;
Amendment 241 #
Motion for a resolution Paragraph 10 b (new) 10 b. Stresses the need improving the quality and management of national budgets by addressing the triggers for growth in line with Union fiscal rules;
Amendment 242 #
Motion for a resolution Paragraph 11 11.
Amendment 243 #
Motion for a resolution Paragraph 11 11. Insists on a common effort to bring euro area expenditure on R&D closer to the EU2020 targets; calls for
Amendment 244 #
Motion for a resolution Paragraph 11 11. Insists on a common effort to bring euro area expenditure on R&D closer to the EU2020 targets;
Amendment 245 #
Motion for a resolution Paragraph 11 11. Insists
Amendment 246 #
Motion for a resolution Paragraph 11 11. Insists on a common effort to bring euro area expenditure on R&D closer to the EU2020 targets; stresses the importance of funding future-oriented areas, such as AI, robotics and cyber security; is concerned about reports describing a lack of access to funds especially for scale-ups in Europe, inciting companies to leave the Union or to be bought by foreign investors; highlights therefore the need of financial support not to be restricted to the development of new products, but also leading up to their commercialization; calls for proper policies and investment to ensure equal access to higher education and training;
Amendment 247 #
Motion for a resolution Paragraph 11 11. Insists on a common effort to bring euro area expenditure on R&D closer to the EU2020 targets; calls for proper policies and investment to ensure equal access to higher education and training; takes the view, moreover, that such policies and investment should foster the attainment of the skills that are necessary in order to participate in a constantly evolving labour market that is strongly influenced by current technological innovation processes;
Amendment 248 #
Motion for a resolution Paragraph 11 11. Insists on a common effort to bring euro area expenditure on R&D closer to the EU2020 targets; calls for proper policies and investment to ensure equal access to higher education and training; calls on the Commission to ensure that recommendations for sustainable and socially balanced structural reforms in product, services, labour markets, public administrations and tax systems are effectively contributing to the EU2020 objectives;
Amendment 249 #
Motion for a resolution Paragraph 11 11.
Amendment 25 #
Motion for a resolution Recital B b (new) B b. whereas growth has to an important degree relied upon unconventional and, in the long term, unsustainable monetary policy; whereas this monetary policy has failed to create a momentum for productivity-enhancing reforms;
Amendment 250 #
Motion for a resolution Paragraph 11 11. Insists on a common effort to bring euro area expenditure on R&D closer to the EU2020 targets; calls for proper policies and investment to ensure equal opportunity and access to higher education and training; Calls on the Commission and Member States to upgrade vocational training and strengthen work-based learning, including quality apprenticeships;
Amendment 251 #
Motion for a resolution Paragraph 11 11. Insists on a common effort to bring euro area expenditure on R&D closer to the EU2020 targets; calls for proper policies and investment to ensure equal access to higher education and training and to enable citizens to adapt to the challenges posed by automation and digital technologies;
Amendment 252 #
Motion for a resolution Paragraph 11 11. Insists on a common effort to bring euro area expenditure on R&D closer to the EU2020 targets; stresses that, to do so, private capital in particular needs to be mobilised; calls for proper policies and investment to ensure equal access to higher education and training;
Amendment 253 #
Motion for a resolution Paragraph 12 Amendment 254 #
Motion for a resolution Paragraph 12 12. Recalls th
Amendment 255 #
Motion for a resolution Paragraph 12 12. Recalls that the role of the Member States is to guarantee access to
Amendment 256 #
Motion for a resolution Paragraph 12 12. Recalls that the role of the Member States is to guarantee access to quality education and training; highlights the role of lifelong learning in a fast changing economy which requires the continuous development of new skills, especially e- skills; asks to develop models which help SMEs to provide adequate training for their staff; is concerned about the shortage of workforce in the STEM (Science, Technology, Engineering and Mathematics) subjects and in particular women trained in these subjects; is of the opinion that the European Union should actively develop programs which encourage especially women to study STEM subjects;
Amendment 257 #
Motion for a resolution Paragraph 12 12. Recalls that the role of the Member States is to guarantee equal opportunity and access to quality education and training; underlines that this requires to invest in both initial and continuing education and training and to upgrade vocational training and strengthen work- based learning, including through quality apprenticeships;
Amendment 258 #
Motion for a resolution Paragraph 12 12. Recalls that the role of the Member States is to guarantee access to quality education and training; acknowledges the shortage of labour force, that is gradually emerging in some Member States; recalls that in some instances, correction of over- employment in certain parts of public sector may provide for a good policy response;
Amendment 259 #
Motion for a resolution Paragraph 12 12. Recalls that the role of the Member States is to guarantee access to quality education and training; emphasizes the need for a stronger focus on training and lifelong learning provided by public agencies and firms to enhance workers’ employability and productivity;
Amendment 26 #
Motion for a resolution Recital B b (new) B b. whereas the size of government debt can be affected both by contingent and implicit liabilities;
Amendment 260 #
Motion for a resolution Paragraph 12 12. Recalls that the role of the Member States is to guarantee access to quality education and training and that these are an instrument which can both reduce economic and social inequalities and enable citizenship rights to be exercised in full;
Amendment 261 #
Motion for a resolution Paragraph 12 12. Recalls that the role of the Member States is to guarantee access to quality education and training; stresses that education and training systems should take account of the needs of the labour market;
Amendment 262 #
Motion for a resolution Paragraph 12 a (new) 12a. Considers it necessary to make a special commitment to the new generations and younger citizens; hopes, therefore, that a common effort to reduce early school leaving, the number of NEETs and youth unemployment can help to increase social cohesion;
Amendment 263 #
Motion for a resolution Paragraph 13 Amendment 264 #
Motion for a resolution Paragraph 13 Amendment 265 #
Motion for a resolution Paragraph 13 13. Calls on the Commission and the Member States to adopt adequate measures to
Amendment 266 #
Motion for a resolution Paragraph 13 13. Calls on the Commission and the
Amendment 267 #
Motion for a resolution Paragraph 13 13. Calls on the Commission and the Member States to adopt adequate measures to help refugees settle and integrate
Amendment 268 #
Motion for a resolution Paragraph 13 13. Calls on the Commission and the Member States to adopt
Amendment 269 #
Motion for a resolution Paragraph 13 13. Calls on the Commission and the Member States to adopt adequate measures to help refugees settle and integrate and to anticipate at an early stage the requirements for facilitating their smooth transition to the labour market,
Amendment 27 #
Motion for a resolution Recital C Amendment 270 #
Motion for a resolution Paragraph 13 13. Calls on the
Amendment 271 #
Motion for a resolution Paragraph 13 13. Calls on the Commission and the Member States to adopt adequate measures to help refugees settle and integrate and to anticipate at an early stage the requirements for facilitating their smooth transition to the labour market, as well as ensuring that public services are provided with sufficient resources; investing sufficiently in language learning will be crucial to foster integration into the labour market and society at large; stresses that social partners should play a key role in facilitating the integration of migrants and preventing them from suffering from labour abuse;
Amendment 272 #
Motion for a resolution Paragraph 13 a (new) 13a. Considers immigration to be a positive factor for sustaining pension systems in the long term;
Amendment 273 #
Motion for a resolution Paragraph 14 Amendment 274 #
Motion for a resolution Paragraph 14 14. Considers that the
Amendment 275 #
Motion for a resolution Paragraph 14 14. Considers th
Amendment 276 #
Motion for a resolution Paragraph 14 14. Considers that the tools available for EU economic policy are not yet equal to the task of fully
Amendment 277 #
Motion for a resolution Paragraph 14 14. Considers that the
Amendment 278 #
Motion for a resolution Paragraph 14 14. Considers that the tools available a
Amendment 279 #
Motion for a resolution Paragraph 14 14. Considers that the
Amendment 28 #
Motion for a resolution Recital C C. whereas the European Fund for Strategic Investments (EFSI) has provided important support for investment in the EU, in addition to the European Structural and Investment Funds
Amendment 280 #
Motion for a resolution Paragraph 14 14. Considers that
Amendment 281 #
Motion for a resolution Paragraph 14 14. Considers that the tools available are not yet equal to the task of fully addressing the EU’s cyclical and structural problems, in particular the need to strengthen inclusive growth and productivity, to boost
Amendment 282 #
Motion for a resolution Paragraph 14 14. Considers that the tools available are not yet equal to the task of fully addressing the EU’s cyclical and structural problems, in particular the need to strengthen inclusive growth and productivity, to boost job creation, promote convergence, support sustainable investments and enhance resilience to shocks; emphasizes that further steps are needed towards making labour markets more resilient in order to reduce segmentation, upgrade skills, including a stronger focus on training and lifelong learning provided by public agencies and firms to enhance workers’ employability and productivity.
Amendment 283 #
Motion for a resolution Paragraph 14 14. Considers that the tools available are not yet equal to the task of fully addressing the EU’s cyclical and structural problems, in particular the need to strengthen inclusive growth and productivity, to boost job creation, promote real convergence, support sustainable investments in order to reduce the dependence from fossil raw materials and promoting eco-efficiency combined with a decrease of material consumption and greenhouse emissions, and enhance resilience to shocks;
Amendment 284 #
Motion for a resolution Paragraph 14 14. Considers that the tools available are not yet equal to the task of fully addressing the EU’s cyclical and structural problems, in particular the need to
Amendment 285 #
Motion for a resolution Paragraph 14 a (new) 14a. Emphasises the important role an efficient, effective and transparent general government sector plays in ensuring sustainable economic growth;
Amendment 286 #
Motion for a resolution Paragraph 15 Amendment 287 #
Motion for a resolution Paragraph 15 Amendment 288 #
Motion for a resolution Paragraph 15 15. Underlines that a fiscal capacity
Amendment 289 #
Motion for a resolution Paragraph 15 15. Underlines that a fiscal capacity
Amendment 29 #
Motion for a resolution Recital C C. whereas the European Fund for Strategic Investments (EFSI) has
Amendment 290 #
Motion for a resolution Paragraph 15 15. Underlines that a
Amendment 291 #
15. Underlines the fact that a fiscal capacity
Amendment 292 #
Motion for a resolution Paragraph 15 15. Underlines that a
Amendment 293 #
Motion for a resolution Paragraph 15 15. Underlines that a fiscal capacity – on top of existing capacities, and not through redeployments that would undermine the vital role currently played by structural funds and cohesion policy – represents a
Amendment 294 #
Motion for a resolution Paragraph 15 15. Underlines that a fiscal capacity – on top of existing capacities, and not through redeployments that would undermine the vital role currently played by structural
Amendment 295 #
Motion for a resolution Paragraph 15 15. Underlines that a fiscal capacity – on top of existing capacities, and not through redeployments that would undermine the vital role currently played by structural funds and cohesion policy – represents a necessary tool for increasing incentives for convergence and to counter
Amendment 296 #
Motion for a resolution Paragraph 15 15. Underlines that a fiscal capacity – on top of existing capacities
Amendment 297 #
Motion for a resolution Paragraph 15 15.
Amendment 298 #
Motion for a resolution Paragraph 15 15. Underlines that a fiscal capacity – on top of existing capacities, and not through redeployments that would undermine the vital role currently played by structural funds and cohesion policy – represents a necessary tool for increasing
Amendment 299 #
Motion for a resolution Paragraph 15 15. Underlines that a fiscal capacity –
Amendment 3 #
Motion for a resolution Citation 16 a (new) - having regard to the Commission’s communication of 6 December 2017 on further steps towards completing the Economic and Monetary Union - COM(2017) 821,
Amendment 30 #
Motion for a resolution Recital C C. whereas the
Amendment 300 #
Motion for a resolution Paragraph 15 15. Underlines that a fiscal capacity – on top of existing capacities, and not through redeployments that would undermine the vital role currently played by structural funds and cohesion policy – represents a necessary tool for increasing incentives for convergence and to counter asymmetric or symmetric economic shocks; in other words, considers that structural funds and cohesion policy should not be conditioned by adjustment measures in connection with a future European Monetary Fund nor the Fiscal Compact objectives, nor in any other case.
Amendment 301 #
Motion for a resolution Paragraph 15 15. Underlines that a fiscal capacity – on top of existing capacities, and not through redeployments that would undermine the vital role currently played by structural funds and cohesion policy – represents a necessary tool for increasing incentives for convergence and to counter asymmetric or symmetric economic shocks and that these objectives can be achieved also by developing automatic stabilisers at EU level;
Amendment 302 #
Motion for a resolution Paragraph 15 15. Underlines that a fiscal capacity – on top of existing capacities, and not through redeployments that would undermine the vital role currently played by structural funds and cohesion policy – represents a necessary tool for increasing incentives for convergence and to counter asymmetric or symmetric economic shocks; stresses that the fiscal capacity should be complementary and additional to other existing instruments of the EU budget;
Amendment 303 #
Motion for a resolution Paragraph 15 a (new) 15 a. Underlines that Member States needs to build own fiscal capacities on national level in order to increase stability and to counter economic shocks;
Amendment 304 #
Motion for a resolution Paragraph 16 Amendment 305 #
Motion for a resolution Paragraph 16 Amendment 306 #
Motion for a resolution Paragraph 16 Amendment 307 #
Motion for a resolution Paragraph 16 16.
Amendment 308 #
Motion for a resolution Paragraph 16 16. Is concerned that gaps and discrimination on the labour market remain high throughout the European Union, contributing to differences in remuneration, retirement, participation in decision- making and wealth between men and women;
Amendment 309 #
Motion for a resolution Paragraph 16 16. Is concerned that gaps and discrimination on the labour market remain high throughout the European Union,
Amendment 31 #
Motion for a resolution Recital C C. whereas the European Fund for Strategic Investments (EFSI)
Amendment 310 #
Motion for a resolution Paragraph 16 16. Is concerned that gaps and discrimination on the labour market remain high throughout the European Union, contributing to differences in remuneration, retirement, participation in decision- making and wealth between men and women and considers that more efforts have to be made in order to improve the participation of women in the labour market, to eliminate gender pay gaps and to promote a better work-life balance for men and women; stresses the importance of preserving high standards in relation to the quality of the proposed employment;
Amendment 311 #
Motion for a resolution Paragraph 16 16. Is concerned that gaps and discrimination on the labour market remain high throughout the European Union, contributing to differences in remuneration, retirement, participation in decision- making and wealth between men and women; stresses the importance of preserving high standards in relation to the quality of the proposed employment; urges the European Union to be active in developing a regulatory model guaranteeing the respect of social standards in the platform and shared economy;
Amendment 312 #
Motion for a resolution Paragraph 16 16. Is concerned that gaps and discrimination on the labour market remain high throughout the European Union, contributing to differences in remuneration, retirement, participation in decision- making and wealth between men and women; stresses the importance of preserving high standards in relation to the quality of the proposed employment; Insists that innovation forms of work should go hand in hand with adequate job security and accessible social protection;
Amendment 313 #
Motion for a resolution Paragraph 16 16. Is concerned that gaps and discrimination on the labour market remain high throughout the European Union, contributing to differences in remuneration, retirement, participation in decision- making and wealth between men and women; stresses the importance of preserving high standards in relation to the quality of the proposed employment; points out that skills gap should be tackled with proper reform of educational system;
Amendment 314 #
Motion for a resolution Paragraph 16 a (new) 16 a. Is concerned that disparities remain considerable and labour market segregation remains high throughout the European Union, which is contributing to gender differences, including substantial gaps in pay, pensions and wealth, unequal decision-making processes and shorter careers for women; stresses that even though the employment rate of women has reached a record high, it is still 11 % below that of men; emphasises that the employment gap is especially high for mothers and women with caring responsibilities;
Amendment 315 #
Motion for a resolution Paragraph 16 a (new) 16 a. Stresses that while the effects of these developments will vary across Member States, the ageing of the population will have an impact on public finances, highlights the need to ensure sustainability and adequacy of pension and healthcare systems in the EU, and to adopt, when needed, sustainable and socially inclusive reforms to structurally address these challenges;
Amendment 316 #
Motion for a resolution Paragraph 16 a (new) 16a. Reiterates the need to ensure that all EU citizens are entitled to a decent income, including when they have retired; acknowledges, to that end, the importance of the sustainable development of the various social security pillars, including the supplementary ones;
Amendment 317 #
Motion for a resolution Paragraph 16 a (new) 16 a. Shares the Commission’s view on the need for changes in labour market legislation that provide flexibility and security for both employees and employers, thereby increasing employment and ensuring sustainable growth;
Amendment 318 #
Motion for a resolution Paragraph 16 b (new) 16 b. Is concerned at the extent to which women are affected by austerity policies; underlines, in this regard, the fact that women have been more severely affected in the long term, through public spending cuts, redistributions in work-life balance policies and cutbacks in social security systems;
Amendment 319 #
16 b. Considers that well-functioning, flexible labour markets have proven to be quicker to recover from the economic downturn;
Amendment 32 #
Motion for a resolution Recital C C. whereas the European Fund for Strategic Investments (EFSI) has provided
Amendment 320 #
Motion for a resolution Paragraph 16 c (new) 16 c. Highlights the fact that gender discrimination is still great, as evidenced by the gender pay gap and the gap in the employment rate between men and woman, with the average gross hourly earnings of male employees about 16 % higher than those of female employees; stresses that these gaps are due to the underrepresentation of women in well- paid sectors, discrimination in the labour market and the high rate of women in part-time work; urges that further progress is needed to narrow these gaps; calls on the Commission, in this context, to introduce a gender equality pillar and an overarching gender equality objective into the Europe 2020 strategy; encourages the Member States to strengthen efforts to eradicate the gender pay gap and to take more active measures to strengthen women’s participation in the labour market;
Amendment 321 #
Motion for a resolution Paragraph 17 Amendment 322 #
Motion for a resolution Paragraph 17 Amendment 323 #
Motion for a resolution Paragraph 17 Amendment 324 #
Motion for a resolution Paragraph 17 17. Calls for the completion of the Banking Union,
Amendment 325 #
Motion for a resolution Paragraph 17 17. Calls for
Amendment 326 #
Motion for a resolution Paragraph 17 17. Calls for
Amendment 327 #
Motion for a resolution Paragraph 17 17. Calls for
Amendment 328 #
Motion for a resolution Paragraph 17 17.
Amendment 329 #
Motion for a resolution Paragraph 17 17. Calls for the completion of the Banking Union, including a credible European deposit-insurance scheme and a common fiscal backstop; stresses the crucial role of a completed Banking Union in ensuring the stability of the European financial sector and thus the financing of the real economy; highlights the importance of equal protection of their deposits for all EU citizens;
Amendment 33 #
C. Whereas public investments have suffered deep cuts since the global financial crisis and have not recovered pre-crisis levels; whereas the European Fund for Strategic Investments (EFSI) has provided important support for investment in the EU, in addition to the European Structural and Investment Funds, while at the same time the orientation of savings towards equity has decreased returns and provided fewer incentives for investment; whereas EFSI cannot finance investment projects with high societal benefits but low financial rate of returns;
Amendment 330 #
Motion for a resolution Paragraph 17 17. Calls for the completion of the Banking Union, including a credible European deposit-insurance scheme and a common fiscal backstop; is concerned that the too-big-to-fail problem has not been addressed effectively and therefore supports the effort to reinstate the Liikanen group to reassess whether large banks continue to pose systemic risks to financial stability;
Amendment 331 #
Motion for a resolution Paragraph 17 17. Calls for the completion of the Banking Union, including a credible European deposit-insurance scheme and a common
Amendment 332 #
Motion for a resolution Paragraph 17 17. Calls for the completion of the Banking Union, including a credible, effective and proportionate European deposit
Amendment 333 #
Motion for a resolution Paragraph 17 17. Calls for the completion of the Banking Union, including a credible European deposit-insurance scheme and a common fiscal backstop, making it possible to ensure financial stability as a common good;
Amendment 334 #
Motion for a resolution Paragraph 17 17. Calls for the completion of the Banking Union, including a credible European deposit-insurance scheme and a common fiscal backstop; emphasizes that risk sharing and risk reduction need to go hand-in-hand;
Amendment 335 #
Motion for a resolution Paragraph 17 a (new) 17 a. Highlights that in a fully-fledged Capital Markets Union, financial markets will provide for appropriate absorption capacities to counter future external shocks; thereby urges the Commission to move forward with the Capital Markets Union;
Amendment 336 #
Motion for a resolution Paragraph 17 a (new) 17 a. Stresses that a step-by-step completion of the Banking Union shall aim at increasing resilience in the banking sector and contributing to financial stability;
Amendment 337 #
Motion for a resolution Paragraph 18 Amendment 338 #
Motion for a resolution Paragraph 18 Amendment 339 #
Motion for a resolution Paragraph 18 Amendment 34 #
Motion for a resolution Recital C C. whereas the European Investment Bank and the European Fund for Strategic Investments (EFSI) has provided important support for investment in the EU, in addition to the European Structural and Investment Funds, while at the same time the orientation of savings towards equity has decreased returns and provided fewer incentives for investment;
Amendment 340 #
Motion for a resolution Paragraph 18 Amendment 341 #
Motion for a resolution Paragraph 18 18. Highlights the importance of an improved European Semester process
Amendment 342 #
Motion for a resolution Paragraph 18 18. Highlights the importance of an improved European Semester process,
Amendment 343 #
Motion for a resolution Paragraph 18 18. Highlights the importance of an improved European Semester process, including
Amendment 344 #
Motion for a resolution Paragraph 18 18. Highlights the importance of an improved European Semester process
Amendment 345 #
Motion for a resolution Paragraph 18 18. Highlights the importance of an improved European Semester process, including
Amendment 346 #
Motion for a resolution Paragraph 18 18. Highlights the importance of an improved European Semester process, including the formalisation of the euro area aggregate fiscal stance as a key tool for policy formulation and implementation across the EMU; calls for a
Amendment 347 #
Motion for a resolution Paragraph 18 18. Highlights the importance of an improved European Semester process, including the formalisation of the euro area
Amendment 348 #
Motion for a resolution Paragraph 18 18. Highlights the importance of an improved European Semester process, including the formalisation of the euro area aggregate fiscal stance as a key tool for policy formulation and implementation across the EMU; calls for a broader reform of the Stability and Growth Pact (SGP)
Amendment 349 #
Motion for a resolution Paragraph 18 18. Highlights the importance of an improved European Semester process, including the formalisation of the euro area aggregate fiscal stance as a key tool for policy formulation and implementation across the EMU; calls for a broader reform of the Stability and Growth Pact (SGP) in order to improve its flexibility, to incorporate the differentiated treatment of investments and to introduce the concept of aggregate fiscal stance; calls on the European Institutions to assess whether the EU methodologies for the evaluation of the economic and social performance of EU Member States as well as the targets applied under the Stability and Growth Pact are still up-to-date, given that the overall economic and social conditions both at national and European level have changed drastically since the time when they were first drafted;
Amendment 35 #
Motion for a resolution Recital C a (new) C a. Whereas the current economic and monetary union faces macro-economic challenges and a lack of proper mutualisation or insurance mechanisms for addressing economic shocks; whereas the recent Commission’s package on further steps towards completing the economic and monetary union is a step forward but still present several shortcomings, especially regarding the European Monetary Fund and the investment protection programme;
Amendment 350 #
Motion for a resolution Paragraph 18 18. Highlights the importance of an improved European Semester process, including the formalisation of the euro area aggregate fiscal stance as a key tool for policy formulation and implementation across the EMU; underlines that the goals of stability and full employment should be put central in this process, especially as in many countries the unemployment is still above 5%; calls for a broader reform of the Stability and Growth Pact (SGP) in order to improve its flexibility, to
Amendment 351 #
Motion for a resolution Paragraph 18 18. Highlights the importance of an improved European Semester process, including the formalisation of the euro area aggregate fiscal stance as a
Amendment 352 #
Motion for a resolution Paragraph 18 a (new) 18a. Stresses that aggregate pictures hide significant disparities across the Member States and can lead to wrong conclusions being drawn; stresses that aggregate pictures cannot replace examination of individual budgets; rejects therefore the concept of a common euro area fiscal stance;
Amendment 353 #
Motion for a resolution Paragraph 18 a (new) 18 a. Welcomes the increasing practice of spending reviews, and further encourages Member States to critically assess the quality of their budgets; points out there is significant room to improve the way in which these spending reviews are conducted and, more importantly, their transformative effect on the spending side of public finances;
Amendment 354 #
Motion for a resolution Paragraph 18 a (new) 18 a. Recognises that Member States have made progress in the area of fiscal policy and active labour market policies, while least progress was made in areas such as competition in services and the business environment; expects a greater commitment on the part of Member States to take the necessary policy actions based on the CSRs;
Amendment 355 #
Motion for a resolution Paragraph 18 b (new) 18 b. Considers that prudent fiscal policies play a fundamental role for the stability of the euro area and the Union as a whole; underlines that strong coordination of fiscal policies and compliance with the Union rules in this area are a legal requirement and key to the proper functioning of Economic and Monetary Union (EMU);
Amendment 356 #
Motion for a resolution Paragraph 18 b (new) 18 b. Underlines the need for a stronger focus on the composition of budgets and efficiency of public spending to deliver better on key policy priorities of the EU;
Amendment 357 #
Motion for a resolution Paragraph 19 19. Underlines the fact that any further step towards a deepening of
Amendment 358 #
Motion for a resolution Paragraph 19 19. Underlines that any further step towards a deepening of the EMU
Amendment 359 #
Motion for a resolution Paragraph 19 19. Underlines that any further step towards a deepening of the EMU
Amendment 36 #
Motion for a resolution Recital C a (new) C a. whereas according to Eurobarometer EU companies, particularly small and young ones, have a rather negative opinion of the quality of public administration and the ease of formalities linked to running a business;
Amendment 360 #
Motion for a resolution Paragraph 19 19. Underlines that any further step towards a deepening of the EMU must go hand in hand with stronger democratic controls; insists that, to this end, the role of the European Parliament and national parliaments must be
Amendment 361 #
Motion for a resolution Paragraph 19 19. Underlines that any further step towards a deepening of the EMU must go hand in hand with stronger democratic controls; insists that, to this end, the role of the European Parliament and national parliaments must be strengthened;
Amendment 362 #
Motion for a resolution Paragraph 19 19. Underlines that any further step towards a deepening of the EMU must go hand in hand with stronger democratic controls; insists that, to this end, the role of the European Parliament and national parliaments must be strengthened; asks to
Amendment 363 #
Motion for a resolution Paragraph 19 19.
Amendment 364 #
Motion for a resolution Paragraph 19 19. Underlines that any further step towards a deepening of the EMU must go hand in hand with stronger democratic controls; insists that, to this end, the role of the European Parliament
Amendment 365 #
Motion for a resolution Paragraph 19 19. Underlines that any further step towards a deepening of the EMU must go hand in hand with stronger democratic controls; insists that, to this end, the role of the European Parliament and national parliaments must be strengthened; asks to include
Amendment 366 #
Motion for a resolution Paragraph 19 19. Underlines that any further step towards a deepening of the EMU must go hand in hand with stronger democratic controls; insists that, to this end, the role of the European Parliament and national parliaments must be strengthened; asks to
Amendment 367 #
Motion for a resolution Paragraph 19 19. Underlines that any further step towards a deepening of the EMU must go hand in hand with stronger democratic ownership, legitimacy, accountability and controls; insists that, to this end, the role of the European Parliament and national parliaments must be strengthened; asks to include trade unions in the negotiation process at both national and European level; urges the launch of the long-awaited negotiation of an interinstitutional agreement (IIA) on the Semester;
Amendment 368 #
Motion for a resolution Paragraph 19 19. Underlines that any further step towards a deepening of the EMU must go hand in hand with stronger democratic controls; insists that, to this end, the role of the European Parliament and national parliaments must be strengthened; asks to include trade unions, local and regional authorities in the negotiation
Amendment 369 #
Motion for a resolution Paragraph 19 a (new) 19 a. Welcomes the recognition by the European Commission that corruption still remains a barrier to investments in some Member States and that the respect of the rule of law and independent judiciary and law enforcement authorities are necessary to ensure proper economic development; deplore nonetheless the removal by the European Commission of the annual anti-corruption report and calls on the Commission to re-start this annual analysis of corruption within the Member States and mechanisms to fight it;
Amendment 37 #
Motion for a resolution Recital C a (new) Ca. whereas the level of investment as a proportion of GDP today is still lower than in the period immediately before the financial crisis;
Amendment 370 #
Motion for a resolution Paragraph 19 a (new) 19 a. Stresses that the implementation level of the CSRs is still very low; believes that the national, regional and local authorities should be better involved in the European Semester process; calls on the Council and the Commission to closely monitor the implementation of CSRs;
Amendment 371 #
Motion for a resolution Paragraph 19 a (new) 19a. Notes that the continued use of the euro by some countries has become unsustainable and calls for means to be provided for the purpose of allowing an assisted orderly exit from EMU by those countries which so wish;
Amendment 372 #
Motion for a resolution Paragraph 19 a (new) 19 a. Invites the Commissioners responsible to discuss the gender aspects of the Annual Growth Survey with the Committee on Women’s Rights and Gender Equality each year;
Amendment 373 #
Motion for a resolution Paragraph 19 a (new) 19 a. Welcomes the proposal of the European Commission to establish a European Monetary Fund, anchored to the EU’s legal framework;
Amendment 374 #
Motion for a resolution Paragraph 19 b (new) 19 b. Is concerned about the low rate of compliance with Country Specific Recommendations including both those aimed at fostering convergence and increasing competitiveness to structurally reduce the current account deficit bias of certain economies, and those aimed at using the available fiscal space to increase investment, improve long-term growth prospects and reducing the current account surplus; calls on the Commission to use all existing tools to enforce those CSRs aimed at addressing these challenges which represent a threat for the sustainability of the monetary union;
Amendment 38 #
Motion for a resolution Recital C a (new) C a. whereas EFSI has not had much of an effect beyond financing projects that would have been financed by other commercial and promotional banks anyway;
Amendment 39 #
Motion for a resolution Recital D D. whereas
Amendment 4 #
Motion for a resolution Citation 19 a (new) - having regard the Interinstitutional Proclamation on the European Pillar of Social Rights on the 17th November in Gothenburg,
Amendment 40 #
Motion for a resolution Recital D D. whereas employment is expected to continue to expand, w
Amendment 41 #
Motion for a resolution Recital D D. whereas employment is expected to continue to expand, while some labour market indicators
Amendment 42 #
Motion for a resolution Recital D D. whereas employment is expected to continue to expand, while some labour market indicators and the relatively high
Amendment 43 #
Motion for a resolution Recital D D. whereas employment
Amendment 44 #
Motion for a resolution Recital D D. whereas employment is expected to continue to expand, while some labour market indicators and the relatively high level of ‘involuntary’ part-time work, suggest persistent labour market difficulties
Amendment 45 #
Motion for a resolution Recital D D. whereas employment is expected to continue to expand, while some labour market indicators and the relatively high level of ‘involuntary’ part-time work, suggest persistent labour market difficulties aggravating inequalities; whereas, beyond unemployment, labour markets are increasingly segmented and new labour and social protection legislation is required to respond to new forms of employment, increased transitions between jobs and statuses of employment and increased self- employment;
Amendment 46 #
Motion for a resolution Recital D D. whereas employment is expected to continue to expand, while some labour market indicators and the relatively high level of ‘involuntary’ part-time work, suggest persistent labour market difficulties aggravating inequalities, especially with regard to young people and those with low educational attainment;
Amendment 47 #
Motion for a resolution Recital D D. whereas employment is expected to continue to expand, while some labour market indicators and the relatively high level of ‘involuntary’ part-time work
Amendment 48 #
Motion for a resolution Recital D a (new) D a. Whereas the overall policy outlook of the European Semester remains concerned with fiscal consolidation and deregulation of labour markets;
Amendment 49 #
Motion for a resolution Recital E E. whereas both employment and unemployment rates are still higher than in 2008;
Amendment 5 #
Motion for a resolution Citation 20 — having regard to
Amendment 50 #
Motion for a resolution Recital E E.
Amendment 51 #
Motion for a resolution Recital E E. whereas both employment and unemployment rates are still higher than in 2008; whereas
Amendment 52 #
Motion for a resolution Recital E E. whereas
Amendment 53 #
Motion for a resolution Recital E E. whereas both employment and unemployment rates are still higher than in 2008; whereas hidden unemployment (unemployed, willing to work, but not actively searching for employment) stood at 20 % in 2016; whereas very substantial differences persists in many Member States and employment rates have still some way to go to recover from the crisis notably also to attain the Europe 2020 national targets;
Amendment 54 #
Motion for a resolution Recital E a (new) E a. Whereas the EU Flagship Initiative for a Resource-Efficient Europe calls for environmental taxes to account for 10% of total tax and social contribution revenues by 2020 – a substantial increase from the EU average of 6.3% in 2015; whereas environmental taxes are less detrimental to growth than labour taxes; whereas, according to the IMF, fossil energy subsidies in the EU amounted to 603 euros per person in 2013;
Amendment 55 #
Motion for a resolution Recital F F. whereas tax base erosion, profit shifting, tax avoidance, tax evasion and aggressive tax planning
Amendment 56 #
Motion for a resolution Recital F F. whereas tax avoidance
Amendment 57 #
Motion for a resolution Recital F F. whereas tax avoidance, tax evasion and aggressive tax planning have caused billions in losses of potential revenues for the public finances of several Member States
Amendment 58 #
Motion for a resolution Recital F F. whereas tax avoidance, tax evasion and aggressive tax planning have caused billions in losses of potential revenues for the public finances of several Member States
Amendment 59 #
Motion for a resolution Recital F F. whereas tax avoidance, tax evasion and aggressive tax planning have caused billions in losses of potential revenues for the public finances of several Member States, to the benefit of large corporations and to the detriment of citizens and SMEs;
Amendment 6 #
Motion for a resolution Citation 21 a (new) - having regards to its resolution of 13 December 2017 on Recommendation following the inquiry on money laundering, tax evasion and tax avoidance1a _________________ 1a Text adopted, P8_TA-PROV(2017)0491
Amendment 60 #
Motion for a resolution Recital F F. whereas tax avoidance, tax evasion and aggressive tax planning have caused billions in losses of potential revenues for the public finances of several Member States, to the benefit of some large corporations;
Amendment 61 #
Motion for a resolution Recital F a (new) F a. whereas the Banking Union remains incomplete without a renewed attempt to introduce a Bank Structural Reform in the spirit of the Liikanen Report to address effectively the too-big- to-fail problem and to safeguard taxpayers and depositors;
Amendment 62 #
Motion for a resolution Recital F a (new) F a. Whereas population ageing across the Union and other demographic developments put a massive burden on the sustainability of public finances, since expenditures on pensions, health care and long-term care are set to increase;
Amendment 63 #
Motion for a resolution Recital F a (new) F a. whereas the stability of financial institutions in the Eurozone is still a matter of grave concern; whereas there is slight progress on reducing non- performing loans; whereas this progress is clearly insufficient;
Amendment 64 #
Motion for a resolution Recital F a (new) F a. Whereas fiscal policy plays a role in the stabilisation of the macro-economic environment, while also having other objectives such as fiscal sustainability and redistribution functions;
Amendment 65 #
Motion for a resolution Recital F a (new) F a. whereas the free movement of people, goods, services and capital is the cornerstone of the sustainable economic growth in the European Union´s Single Market;
Amendment 66 #
Motion for a resolution Recital F a (new) F a. whereas structural reforms in the Member States are needed in order to create the conditions for sustained and sustainable growth;
Amendment 67 #
Motion for a resolution Recital F a (new) F a. whereas private investment still remain below 2008 levels, with negative implications for potential growth, job creation and productivity;
Amendment 68 #
Motion for a resolution Recital F a (new) Fa. whereas some Member States are still carrying sovereign debt that is too high;
Amendment 69 #
F b. whereas close to zero interest rates severely distort the intertemporal allocation of capital; whereas a flat yield curve severely damages the traditional borrowing and lending business model of banks and drives them into riskier business activities;
Amendment 7 #
Motion for a resolution Citation 22 — having regard to the recommendation for a Council recommendation of 22 November 2017 on the economic policy of the euro area,
Amendment 70 #
Motion for a resolution Recital F b (new) Fb. whereas competitiveness both within the EU and globally must be a key criterion for economic governance measures;
Amendment 71 #
Motion for a resolution Recital F c (new) F c. whereas public debt levels have increased further in most member states and may be hard to sustain when interest rates return to normal levels;
Amendment 72 #
Motion for a resolution Paragraph 1 1. Takes note of the publication of the 2018 Annual Growth Survey (AGS) package and the proposed policy mix of investment, structural reform and fiscal consolidation,
Amendment 73 #
Motion for a resolution Paragraph 1 1. Takes note of the Commission publication o
Amendment 74 #
Motion for a resolution Paragraph 1 1.
Amendment 75 #
Motion for a resolution Paragraph 1 1. Takes note of the publication of the 2018 Annual Growth Survey (AGS) package and the proposed policy mix of investment, ambitious structural reform and fiscal consolidation
Amendment 76 #
Motion for a resolution Paragraph 1 1.
Amendment 77 #
Motion for a resolution Paragraph 1 1. Takes note of the publication of the 2018 Annual Growth Survey (AGS) package and the proposed policy mix of investment, structural reform and
Amendment 78 #
Motion for a resolution Paragraph 1 1. Takes note of the publication of the 2018 Annual Growth Survey (AGS) package and the proposed policy mix of investment, structural reform and fiscal consolidation, presented as a way to further promote higher growth levels and to
Amendment 79 #
Motion for a resolution Paragraph 1 1. Takes note of the publication of the 2018 Annual Growth Survey (AGS) package and the proposed policy mix of investment, structural reform and fiscal consolidation, presented as a way to further promote higher growth levels and to strengthen European recovery and upward convergence; is optimistic that if Member States accelerate the implementation of structural reforms to modernise their economies and sustain sound public finances the objectives of increased growth and job creation can be achieved;
Amendment 8 #
Motion for a resolution Recital A A. whereas, according to Commission forecasts, the expansion of the European economy is expected to continue, although the pace of job creation and household purchasing power growth implies a slight loss of momentum over the next two years, with growth reaching 2.
Amendment 80 #
Motion for a resolution Paragraph 1 a (new) 1 a. Welcomes the Commission’s Annual Growth Survey 2018 reaffirming the strategy of a virtuous triangle of investment, structural reforms and responsible public finances; agrees that faster progress on the adoption of reforms, in line with the country-specific recommendations, is needed to deliver on growth and jobs;
Amendment 81 #
Motion for a resolution Paragraph 1 a (new) 1a. Stresses that the chief objective of growth is achievement of full employment, creating quality jobs and generating sufficient tax revenue to finance an adequate social protection floor;
Amendment 82 #
Motion for a resolution Paragraph 1 a (new) 1 a. Remarks, however, that an adequate policy should include the priority of changing the productive model to develop renewable energies and job creation
Amendment 83 #
Motion for a resolution Paragraph 2 2. Highlights, however, the persistent structural problem of insufficient growth of potential output and productivity, flanked by too low a level of investments
Amendment 84 #
Motion for a resolution Paragraph 2 2. Highlights, however, the persistent structural problem of insufficient growth of potential output and productivity, flanked by too low a level of investments
Amendment 85 #
Motion for a resolution Paragraph 2 2.
Amendment 86 #
Motion for a resolution Paragraph 2 2. Highlights
Amendment 87 #
Motion for a resolution Paragraph 2 2. Highlights, however, the persistent structural problem of insufficient growth of potential output and productivity,
Amendment 88 #
Motion for a resolution Paragraph 2 2. Highlights, however, the persistent structural problem of insufficient growth of potential output and productivity, flanked by too low a level of investments and wages
Amendment 89 #
Motion for a resolution Paragraph 2 2. Highlights, however, the persistent structural problem of insufficient growth of potential output and productivity,
Amendment 9 #
Motion for a resolution Recital A A. whereas, according to Commission forecasts, the expansion of the European economy is expected to continue, although the pace of job creation and household purchasing power growth implies a slight loss of momentum over the next two years, with growth reaching 2.3 % this year in the EU and then marginally slowing to 2.1 % in 2018 and to ease slightly to 1.9 % in 2019; whereas further policy action will nonetheless be required to address unresolved legacies of the global economic crisis; whereas some Member States record high current account surpluses and European macro-economic imbalances are still large;
Amendment 90 #
Motion for a resolution Paragraph 2 2. Highlights also, however, the persistent structural problem of insufficient growth
Amendment 91 #
Motion for a resolution Paragraph 2 2. Highlights, however, the persistent structural problem of insufficient growth of potential output and productivity, flanked by too low a level of investments and wages, leading to
Amendment 92 #
Motion for a resolution Paragraph 2 2. Highlights, however, the persistent structural problem of insufficient growth of potential output
Amendment 93 #
Motion for a resolution Paragraph 2 2. Highlights, however, the persistent structural problem of insufficient growth of potential output and productivity, flanked by too low a level of investments and wages, leading to persistent social inequalities; Stresses that benefits of globalisation and technological changes, including digitisation, should be distributed fairly across the different groups of society, notably low-skilled workers;
Amendment 94 #
Motion for a resolution Paragraph 2 2. Highlights, however, the persistent structural problem of insufficient growth of potential output and productivity, flanked by too low a level of investments and wages, leading to persistent social inequalities; underlines the importance of socially-balanced structural reforms in order to achieve social justice, diminish income inequalities and foster convergence towards better outcomes;
Amendment 95 #
Motion for a resolution Paragraph 2 2. Highlights, however, the persistent structural problem of insufficient growth of potential output and productivity, flanked by too low a level of investments and wages, leading to persistent social inequalities, and points to the need for a genuinely ambitious public investment plan to promote development and social and territorial cohesion;
Amendment 96 #
Motion for a resolution Paragraph 2 2. Highlights, however, the persistent structural problem of insufficient growth of potential output and productivity, flanked by too low a level of investments and wages, leading to persistent social inequalities; Asks the Commission for an impact study of the consequences of growing inequalities on economic growth and job creation in the EU;
Amendment 97 #
Motion for a resolution Paragraph 2 2. Highlights, however, the persistent structural problem of insufficient growth of potential output and productivity, flanked by too low a level of investments and wages, leading to persistent social inequalities; emphasises that higher wages is a prerequisite for increasing investments and sustainable growth while reducing unemployment;
Amendment 98 #
Motion for a resolution Paragraph 2 2. Highlights, however, the persistent structural problem of insufficient growth of potential output and productivity, flanked by too low a level of investments and wages, leading to persistent social and regional inequalities;
Amendment 99 #
Motion for a resolution Paragraph 2 a (new) 2 a. Believes that given the improvement in the economic situation of the EU and the Eurozone, it no longer makes sense to use the arguments of austerity to deny to working and middle classes as well as to pensioners, an improvement in their purchasing power while applauding the increased profitability of corporations;
source: 616.645
2018/02/01
REGI
55 amendments...
Amendment 1 #
Draft opinion Paragraph 1 1.
Amendment 10 #
Draft opinion Paragraph 2 2. Stresses, therefore, the need to foster greater convergence and inclusion; welcomes the fact that the Commission recognises there is a momentum to support the continuation of the recovery through both economic growth and social convergence; notes that for increased productivity, which is one of the preconditions for better growth, investments in innovation, education and new skills are needed.
Amendment 11 #
Draft opinion Paragraph 2 2. Stresses, therefore, the need to foster greater convergence and inclusion; welcomes the fact that the Commission recognises there is a momentum to support the continuation of the recovery through both economic growth and social convergence; underlines that social convergence should follow the economic convergence and that any other approach will only deepen the gaps between Member States;
Amendment 12 #
Draft opinion Paragraph 2 2. Stresses, therefore, the need to foster greater convergence and inclusion; welcomes the fact that the Commission recognises there is a momentum to support the continuation of the recovery through both economic growth and social convergence and that it is moving away from its austerity path of the past;
Amendment 13 #
Draft opinion Paragraph 2 2. Stresses, therefore, the need to foster greater convergence and inclusion; welcomes the fact that the Commission recognises there is a momentum to support the continuation of the recovery through both economic growth, structural reforms and social convergence;
Amendment 14 #
Draft opinion Paragraph 3 3. Welcomes the streamlining and focus of the Country Specific Recommendations (CSRs); expresses its concern, however, regarding the uneven degree of implementation of the CSRs; calls on the Commission and Member States to closely collaborate and coordinate the process in order to support structural reforms and boost investment; stresses the need of capacity-building measures and further simplification of the implementation of EU Funds, considering that a major part of CSRs 2017 addressed issues of administrative capacity;
Amendment 15 #
Draft opinion Paragraph 3 3. Welcomes the streamlining and focus of the Country Specific Recommendations (CSRs); expresses its concern, however, regarding the uneven degree of implementation of the CSRs across policy areas and countries; calls on the Commission and Member States to closely collaborate and coordinate the process in order to support structural reforms and boost investment; stresses the need for more synergy between EU budget and member states budget with the aim to achieve AGS priorities and implement CSRs.
Amendment 16 #
Draft opinion Paragraph 3 3. Welcomes the streamlining and focus of the Country Specific Recommendations (CSRs); expresses its concern, however, regarding the uneven degree of implementation of the CSRs; reminds the importance of a synergetic approach to the use of all EU available Funds and calls on the Commission and Member States to closely collaborate and coordinate the process in order to support structural reforms and boost investment;
Amendment 17 #
Draft opinion Paragraph 3 3. Welcomes the streamlining and focus of the Country Specific Recommendations (CSRs); expresses its concern, however, regarding the uneven degree of implementation of the CSRs; calls on the Commission and Member States to closely collaborate and coordinate the process in order to support structural reforms and boost investment and to recognise the supportive role local and regional authorities can have in the process;
Amendment 18 #
Draft opinion Paragraph 3 3.
Amendment 19 #
Draft opinion Paragraph 3 3.
Amendment 2 #
Draft opinion Paragraph 1 1. Acknowledges that Europe’s economy is showing encouraging signs of recovery, with Member States displaying positive growth and unemployment reaching its lowest level since the crisis; highlights, nonetheless, that not all Member States are experiencing the same degree of recovery and that unemployment rates are still too high in many regions of Europe, particularly among young people; underlines in this context the importance of the extension of the Youth Employment Initiative (YEI) for the 2017-2020 period and the increase of 1,2 billion Euros for its budget.
Amendment 20 #
Draft opinion Paragraph 3 3. Welcomes the streamlining and focus of the Country Specific Recommendations (CSRs);
Amendment 21 #
Draft opinion Paragraph 3 3. Welcomes the streamlining and focus of the Country Specific Recommendations (CSRs); expresses its concern, however, regarding the uneven degree of implementation of the CSRs; calls on the Commission and Member States to closely collaborate and coordinate the process in order to support structural reforms and boost investment and growth;
Amendment 22 #
Draft opinion Paragraph 4 4. Emphasises the important role in the recovery process of cohesion policy as the main investment
Amendment 23 #
Draft opinion Paragraph 4 4. Emphasises the important role in the recovery process of cohesion policy as the main public investment policy in Europe; considers, however, that
Amendment 24 #
Draft opinion Paragraph 4 4. Emphasises the important role in the recovery process of cohesion policy as the main investment policy in Europe; considers, however, that its interaction with the European Semester should be improved to further increase the multiplier effect of cohesion spending and its contribution to sustainable and inclusive growth; points out that more flexibility is needed in defining the activities and projects which should be financed from ESI funds and linked with annually defined CSRs and AGSs.
Amendment 25 #
Draft opinion Paragraph 4 4. Emphasises the important role in the recovery process of cohesion policy as the main investment policy in Europe; considers, however, that its interaction with the European Semester should be improved to further increase the multiplier effect of cohesion spending and its contribution to sustainable and inclusive growth; with this in mind, considers it necessary to involve local and regional authorities in defining the parameters of the European Semester;
Amendment 26 #
Draft opinion Paragraph 4 4. Emphasises the important role in the recovery process of cohesion policy as the main investment policy in Europe and is of the opinion that it should be maintained at least at similar budgetary level in the future Multiannual Financial Framework; considers, however, that its interaction with the European Semester should be improved to further increase the multiplier effect of cohesion spending and its contribution to sustainable and inclusive growth;
Amendment 27 #
Draft opinion Paragraph 4 4. Emphasises the important role in the recovery process of cohesion policy as the main investment policy in Europe; considers
Amendment 28 #
Draft opinion Paragraph 4 4. Emphasises the important role in the recovery process of cohesion policy as the main investment policy in Europe; considers
Amendment 29 #
Draft opinion Paragraph 4 4. Emphasises the important role in the recovery process of cohesion policy as the main investment policy in Europe; considers, however, that its interaction with the European Semester should be
Amendment 3 #
Draft opinion Paragraph 1 1. Acknowledges that Europe’s economy is showing encouraging signs of recovery, with Member States displaying positive growth and unemployment reaching its lowest level since the crisis; highlights, nonetheless, that not all Member States are experiencing the same degree of recovery and that unemployment rates are still too high in many regions of Europe, particularly among young people; draws attention, in that connection, to the issue of structural unemployment and its harmful economic, social and political effects;
Amendment 30 #
Draft opinion Paragraph 4 4. Emphasises the important future role in the recovery process of cohesion policy as the main investment policy in Europe; considers, however, that its interaction with the European Semester should be improved to further increase the multiplier effect of cohesion spending and its contribution to sustainable and inclusive growth;
Amendment 31 #
Draft opinion Paragraph 5 5. Reiterates the need to speed up the implementation of the ESI funds as they provide important support to structural reforms and national investment policies; calls on the Member States to develop strong coordination structures to make their use more effective; calls also on the Commission to assist Member States with all available tools and resources in order to avoid the risk of decommitment, as well as the accumulation of payments backlogs;
Amendment 32 #
Draft opinion Paragraph 5 5.
Amendment 33 #
Draft opinion Paragraph 5 5. Reiterates the need to speed up the implementation of the ESI funds as they
Amendment 34 #
Draft opinion Paragraph 5 5. Reiterates the need to speed up the implementation of the ESI funds as they provide important support to
Amendment 35 #
Draft opinion Paragraph 5 5. Reiterates the need to speed up the implementation of the ESI funds as they provide important support to structural reforms and national investment policies; calls on the Member States to develop strong coordination
Amendment 36 #
Draft opinion Paragraph 6 6. Welcomes the extension of the European Fund for Strategic Investments until 2020
Amendment 37 #
Draft opinion Paragraph 6 6.
Amendment 38 #
Draft opinion Paragraph 6 6. Welcomes the extension of the European Fund for Strategic Investments until 2020 to help boost investment;
Amendment 39 #
Draft opinion Paragraph 6 6. Welcomes the extension of the European Fund for Strategic Investments until 2020 to help boost investment and insists that it is implemented in a more balanced way, thus contributing to cohesion and avoiding further increases in disparities between Member States, regions and people; underlines the need for complementarities and synergies between
Amendment 4 #
Draft opinion Paragraph 1 1. Acknowledges that Europe’s economy is showing encouraging signs of recovery, with Member States displaying positive growth and unemployment reaching its lowest level since the crisis; highlights,
Amendment 40 #
Draft opinion Paragraph 6 6. Welcomes the extension in duration and size of the European Fund for Strategic Investments
Amendment 41 #
Draft opinion Paragraph 6 6. Welcomes the extension of the European Fund for Strategic Investments until 2020 to help boost investment; underlines the need for complementarities and synergies between
Amendment 42 #
Draft opinion Paragraph 6 6. Welcomes the extension of the European Fund for Strategic Investments until 2020 to help boost investment; underlines the need for complementarities and synergies between those tools; calls, as it did last year, for the EFSI to have a wider geographical coverage across the EU;
Amendment 43 #
Draft opinion Paragraph 6 6.
Amendment 44 #
Draft opinion Paragraph 6 6. Welcomes the extension of the European Fund for Strategic Investments (EFSI) until 2020 to help boost investment; underlines the need for complementarities and synergies between those tools and also for a geographically balanced approach to EFSI;
Amendment 45 #
Draft opinion Paragraph 6 6.
Amendment 46 #
Draft opinion Paragraph 7 7. Underlines the role of the Structural Reform Support Programme in supporting tailor-made assistance in order to help Member States carry out their reforms; highlights, that the experience to date has shown that many Member States have requested support under the Programme and that requests for support are distributed across all support policy areas; stresses, in this respect, the importance of continued structural reforms at all levels of government and the removal of red tape surrounding ongoing investments so as to help improve the business and investment environments.
Amendment 47 #
Draft opinion Paragraph 7 7. Underlines the role of the Structural Reform Support Programme (SRSP) in supporting tailor-made assistance in order to help Member States carry out their reforms; stresses, in this respect, the importance of continued structural reforms at all levels of government and the removal of red tape surrounding ongoing investments so as to help improve the business and investment environments
Amendment 48 #
Draft opinion Paragraph 7 7.
Amendment 49 #
Draft opinion Paragraph 7 7. Underlines the role of the Structural Reform Support Programme in supporting tailor-made assistance in order to help Member States carry out th
Amendment 5 #
Draft opinion Paragraph 1 1. Acknowledges that Europe’s economy is showing encouraging signs of recovery over the past 18 quarters, with Member States displaying positive and steadily growth and unemployment reaching its lowest level since the crisis; highlights, nonetheless, that not all Member States are experiencing the same degree of recovery and that unemployment rates are still too high in many regions of Europe, particularly among young people;
Amendment 50 #
Draft opinion Paragraph 7 7. Underlines the role of the Structural Reform Support Programme (SRSP) in supporting tailor-made assistance in order to help Member States carry out their reforms; stresses, in this respect, the importance of continued structural reforms at all levels of government and the removal of red tape surrounding ongoing investments so as to help improve the business and investment environments; points out that deduction from existing technical assistance resources received under the ESI funds cannot be solution for SRSP in the future.
Amendment 51 #
Draft opinion Paragraph 7 7. Underlines the role of the Structural Reform Support Programme in supporting tailor-made assistance in order to help Member States carry out their reforms, applying EU law in a timely manner and using EU funds more efficiently and effectively; stresses, in this respect, the importance of continued structural reforms at all levels of government and the removal of red tape surrounding ongoing investments so as to help improve the business and investment environments.
Amendment 52 #
Draft opinion Paragraph 7 7. Underlines the role of the Structural Reform Support Programme in supporting tailor-made assistance in order to help Member States carry out their reforms with a view to enhancing cohesion; stresses, in this respect, the importance of continued structural reforms at all levels of government and the removal of red tape surrounding ongoing investments so as to help improve the implementation of ESIF and business and investment environments.
Amendment 53 #
Draft opinion Paragraph 7 7. Underlines th
Amendment 54 #
Draft opinion Paragraph 7 a (new) 7 a. Notes that the Commission, in its EMU package, proposes again to transfer cohesion policy resources towards measures linked to the European Semester when establishing a new reform delivery tool; is of the opinion that there is no clear demarcation line between the actions supported under the SRSP and those under the new tool; rejects the attempt from the Commission to deviate once again cohesion policy resources towards new instruments;
Amendment 55 #
Draft opinion Paragraph 7 a (new) 7a. Stresses the need for certainty about the resources for financing the Structural Reform Support Programme after 2020, resources which should not be diverted from the aims and objectives of the ESI Funds.
Amendment 6 #
Draft opinion Paragraph 1 1.
Amendment 7 #
Draft opinion Paragraph 1 a (new) 1 a. underlines that the aftermath of the crisis shows inequalities of income, but also outcomes, such as educational attainment, health and social mobility; considers, moreover, that the overall situation in the EU keeps revealing important inequalities between generations, genders and regions;
Amendment 8 #
Draft opinion Paragraph 2 2. Stresses, therefore, the need to foster greater convergence and inclusion; welcomes the fact that the Commission recognises there is a momentum to support the continuation of the recovery through both economic growth
Amendment 9 #
Draft opinion Paragraph 2 2. Stresses, therefore, the need
source: 616.878
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