6.3.2019 A8-0087/18

Amendment 18 Dimitrios Papadimoulis, Liadh Ní Riada, Kostadinka Kuneva, Luke Ming Flanagan, Javier Couso Permuy, Kostas Chrysogonos, Tania González Peñas, Martina Anderson, Lynn Boylan, Matt Carthy, Kateřina Konečná, , , Marie-Pierre Vieu on behalf of the GUE/NGL Group Sven Giegold on behalf of the Verts/ALE Group

Report A8-0087/2019 Pedro Silva Pereira, Vladimír Maňka Establishment of the European Monetary Fund (2017/0333R(APP))

Motion for a resolution Paragraph 14

Motion for a resolution Amendment

14. Highlights the need to ensure an 14. Highlights the need to ensure an efficient decision-making procedure in the efficient decision-making procedure in the reformed ESM, particularly in the case of reformed ESM, particularly in the case of urgent situations; calls, in this context, for urgent situations; calls in this context for an assessment of the current governance an assessment of the current governance setting; setting, in which inclusive dialogue with all interested parties that respects national particularities, transparency, accountability and simplicity will be ensured;

Or. en

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EN United in diversityEN 6.3.2019 A8-0087/19

Amendment 19 Nikolaos Chountis, Xabier Benito Ziluaga, Miguel Urbán Crespo, Patrick Le Hyaric, Paloma López Bermejo, Luke Ming Flanagan, , , Javier Couso Permuy, Marina Albiol Guzmán, Tania González Peñas, Martina Anderson, Lynn Boylan, Matt Carthy, Liadh Ní Riada, Marie-Pierre Vieu on behalf of the GUE/NGL Group

Report A8-0087/2019 Pedro Silva Pereira, Vladimír Maňka Establishment of the European Monetary Fund (2017/0333R(APP))

Motion for a resolution Paragraph 1 c (new)

Motion for a resolution Amendment

1c. Believes that those Member States which are unable to repay their debt to the Eurogroup, EFSF and ESM without severely damaging their capacity to provide basic economic and social services to their people, should consider all the available options, including unilateral suspension of the debt payments and the cancellation of debt;

Or. en

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EN United in diversityEN 6.3.2019 A8-0087/20

Amendment 20 Dimitrios Papadimoulis, Liadh Ní Riada, Patrick Le Hyaric, Kostadinka Kuneva, Luke Ming Flanagan, Younous Omarjee, Marisa Matias, Javier Couso Permuy, Kostas Chrysogonos, Tania González Peñas, Martina Anderson, Lynn Boylan, Matt Carthy, Kateřina Konečná, Emmanuel Maurel, Stelios Kouloglou, Marie-Pierre Vieu on behalf of the GUE/NGL Group

Report A8-0087/2019 Pedro Silva Pereira, Vladimír Maňka Establishment of the European Monetary Fund (2017/0333R(APP))

Motion for a resolution Paragraph 3

Motion for a resolution Amendment

3. Highlights that the proper 3. Highlights that the proper functioning of the EMU is supported by functioning of an EMU is supported by the the existence of an institution serving as a existence of an institution serving as a ‘lender of last resort’; notes, in this context, ‘lender of last resort’; notes, in this context, the positive contribution of the ESM the contribution of the ESM towards towards addressing the weaknesses of the addressing the weaknesses of the institutional setting of the EMU, namely by institutional setting of the EMU, namely by providing financial assistance to several providing financial assistance to several Member States affected by the global Member States affected by the global financial crisis and the sovereign debt financial crisis and the sovereign debt crisis; crisis, subject to recessive fiscal measures and cuts in wages and public services, resulting in adverse socio-economic conditions, rising unemployment, poverty and inequality;

Or. en

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EN United in diversityEN 6.3.2019 A8-0087/21

Amendment 21 Dimitrios Papadimoulis, Liadh Ní Riada, Kostadinka Kuneva, Luke Ming Flanagan, Javier Couso Permuy, Kostas Chrysogonos, Tania González Peñas, Martina Anderson, Lynn Boylan, Matt Carthy, Kateřina Konečná, Stelios Kouloglou, Marie-Pierre Vieu on behalf of the GUE/NGL Group Sven Giegold on behalf of the Verts/ALE Group

Report A8-0087/2019 Pedro Silva Pereira, Vladimír Maňka Establishment of the European Monetary Fund (2017/0333R(APP))

Motion for a resolution Paragraph 5

Motion for a resolution Amendment

5. Underlines that if, in the future, 5. Calls for a contribution from the EU budget resources are involved, EU budget to the ESM resources in order Parliament should have the political power to enable the to to exercise all applicable budgetary control exercise its right of budgetary control rights over the ESM within the discharge within the discharge procedure; notes that procedure; notes that in such an event, the the European Court of Auditors should be European Court of Auditors should be considered as the independent external considered the independent external auditor and be given a clear and formal auditor and be given a clear and formal role in the discharge procedure; role in the discharge procedure;

Or. en

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EN United in diversityEN 6.3.2019 A8-0087/22

Amendment 22 Dimitrios Papadimoulis, Liadh Ní Riada, Kostadinka Kuneva, Luke Ming Flanagan, Javier Couso Permuy, Kostas Chrysogonos, Tania González Peñas, Martina Anderson, Lynn Boylan, Matt Carthy, Kateřina Konečná, Stelios Kouloglou, Marie-Pierre Vieu on behalf of the GUE/NGL Group Sven Giegold on behalf of the Verts/ALE Group

Report A8-0087/2019 Pedro Silva Pereira, Vladimír Maňka Establishment of the European Monetary Fund (2017/0333R(APP))

Motion for a resolution Paragraph 8 a (new)

Motion for a resolution Amendment

8a. Deplores the fact that previous macroeconomic adjustment programmes have not adequately respected the Union’s fundamental rights and overall legal framework yet have nevertheless escaped judicial scrutiny, benefiting from the ESM’s intergovernmental structure; agrees with the Commission’s proposal that adjustment programmes should be accompanied by and be consistent with social impact assessments; stresses, however, that such impact assessments must not provide an uncritical ratification of fiscal consolidation measures as has been the case so far, but, rather, should analyse, monitor and manage the intended and unintended social consequences of planned policy measures and any social change processes arising from those interventions; calls for the integration of detailed obligations of this nature in the ESM statute and for the conduct of meaningful social impact assessments of all previous programmes;

Or. en

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EN United in diversityEN 6.3.2019 A8-0087/23

Amendment 23 Liadh Ní Riada, Dimitrios Papadimoulis, Kostadinka Kuneva, Luke Ming Flanagan, Javier Couso Permuy, Kostas Chrysogonos, Tania González Peñas, Martina Anderson, Lynn Boylan, Matt Carthy, Kateřina Konečná, Stelios Kouloglou, Marie-Pierre Vieu on behalf of the GUE/NGL Group

Report A8-0087/2019 Pedro Silva Pereira, Vladimír Maňka Establishment of the European Monetary Fund (2017/0333R(APP))

Motion for a resolution Paragraph 16

Motion for a resolution Amendment

16. Underlines the risk arising from the 16. Underlines the risk arising from the delay in deepening the banking union; delay in deepening the Banking Union; welcomes the conclusions of the welcomes the conclusions of the 4 Eurogroup report to Leaders on EMU December 2018 Eurogroup report to deepening of 4 December 2018, which was Leaders on EMU deepening which was endorsed, in all its elements, by the Euro endorsed, in all its elements, by the Euro Summit of 14 December 2018; welcomes, Summit of 14 December 2018; welcomes, in particular, the bringing forward of the in particular, the anticipation of the introduction of the common backstop to introduction of the common backstop to the SRF, provided that sufficient progress the SRF, provided that sufficient progress has been made in the area of risk has been made in risk reduction, to be reduction, to be assessed in 2020, and the assessed in 2020, and the endorsement of endorsement of the term sheet on the ESM the Term Sheet on the ESM reform; recalls reform; recalls its previous position on the the previous position of Parliament need to complete the European deposit regarding the need to complete the EDIS, insurance scheme (EDIS), recognising recognising that risk reduction and risk that risk reduction and risk sharing should sharing should go hand in hand; considers go hand in hand; notes that no immediate that the fund should provide financing for outcome as regards the future eurozone endowing a financial basis for a fully- budget and the stabilisation function has insured European Deposit Insurance been reached, but takes good note of the Scheme (EDIS), as proposed by the mandate to work on the budgetary Commission in its proposal of 24 instrument for convergence and November 20151, or make timely public competitiveness; underlines that significant interventions protecting a sound economy progress has been achieved in the area of and employment; notes that no immediate risk reduction; recalls that Parliament has outcome regarding the future Eurozone made substantial contributions to enabling budget and the stabilisation function has

1 COM(2015)0586.

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EN United in diversityEN this, in particular on the banking package been reached, but also takes good note of and the prudential backstop for non- the mandate to work on the budgetary performing loans; instrument for convergence and competitiveness; underlines that significant progress has been achieved on the side of risk reduction; recalls also that the European Parliament has made substantial contributions to enable this, in particular on the so-called banking package and the Non-Performing Loans prudential backstop;

Or. en

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