PA_Legam



European Parliament2019-2024<Commission>{BUDG}Committee on Budgets</Commission><RefProc>2019/0161</RefProc><RefTypeProc>(COD)</RefTypeProc><Date>{05/05/2020}5.5.2020</Date><TitreType>OPINION</TitreType><CommissionResp>of the Committee on Budgets</CommissionResp><CommissionInt>for the Committee on Economic and Monetary Affairs</CommissionInt><Titre>on the proposal for a regulation of the European Parliament and of the Council on a governance framework for the budgetary instrument for convergence and competitiveness for the euro area</Titre><DocRef>(COM(2019)0354 – C90103/2019 – 2019/0161(COD))</DocRef>Rapporteur for opinion(*): <Depute>Eider Gardiazabal Rubial</Depute>(*)Associated committee – Rule 57 of the Rules of ProcedurePA_LegamAMENDMENTSThe Committee on Budgets calls on the Committee on Economic and Monetary Affairs, as the committee responsible, to take into account the following amendments:<RepeatBlock-Amend><Amend>Amendment<NumAm>1</NumAm><DocAmend>Proposal for a regulation</DocAmend><Article>Recital 1</Article>Text proposed by the CommissionAmendment(1)The coordination of the economic policies of the Member States is a matter of common concern. The Member States whose currency is the euro have a particular interest in and a responsibility to conduct economic policies that promote the proper functioning of the Economic and Monetary Union and to avoid policies that jeopardise it in the context of broad guidelines formulated by the Council.(1)The coordination of the economic policies of the Member States is a matter of common concern. The Member States whose currency is the euro have a particular interest in and a responsibility to conduct economic policies that promote the proper functioning of the Economic and Monetary Union and to avoid policies that jeopardise it in the context of broad guidelines formulated by the Union institutions.</Amend><Amend>Amendment<NumAm>2</NumAm><DocAmend>Proposal for a regulation</DocAmend><Article>Recital 2</Article>Text proposed by the CommissionAmendment(2)In order to ensure the proper functioning of the Economic and Monetary Union, Member States whose currency is the euro should take measures to enhance the resilience of their economies through targeted structural reforms and investment. The Euro Summit of December 2018 mandated the Eurogroup to work on the design, modalities of implementation and timing of a budgetary instrument for competitiveness and convergence for the euro area. To ensure that Member States carry out structural reforms and investment in a consistent, coherent and well-coordinated manner, it is necessary to establish a governance framework to enable the Council to provide strategic orientations on reform and investment priorities to be undertaken within the euro area by the Member States. Such a framework would enhance convergence and competitiveness of the euro area. The Council should also provide country-specific guidance on individual reforms and investment objectives of the Member States whose currency is the euro, which can be supported by the budgetary instrument for convergence and competitiveness. Since such a framework is specific to the Member States whose currency is the euro, only members of the Council representing those Member States should take part in votes under this Regulation.(2)In order to ensure the proper functioning of the Economic and Monetary Union, Member States whose currency is the euro should take measures to enhance the resilience of their economies through targeted reforms and investment. The Euro Summit of December 2018 mandated the Eurogroup to work on the design, modalities of implementation and timing of a budgetary instrument for competitiveness and convergence for the euro area. To ensure that Member States reform and invest in their economies in a consistent, coherent and well-coordinated manner, it is necessary to establish a governance framework to enable the European Parliament and the?Council to provide strategic orientations on reform and investment priorities to be undertaken within the euro area by the Member States in the context of the budgetary instrument for convergence and competitiveness. Such a framework would enhance convergence and competitiveness of the euro area and the resilience and recovery of its economies. Since such a framework is specific to the Member States whose currency is the euro, only members of the Council representing those Member States should take part in votes under this Regulation.</Amend><Amend>Amendment<NumAm>3</NumAm><DocAmend>Proposal for a regulation</DocAmend><Article>Recital 2 a (new)</Article>Text proposed by the CommissionAmendment(2a)Member States whose currency is not the euro and which participate in the exchange rate mechanism (ERM-II) should inform the Commission without delay of whether they intend to participate in the budgetary instrument for convergence and competitiveness or the convergence and reform instrument.</Amend><Amend>Amendment<NumAm>4</NumAm><DocAmend>Proposal for a regulation</DocAmend><Article>Recital 3</Article>Text proposed by the CommissionAmendment(3)At the Union level, the European Semester of economic policy coordination is the framework for the identification of national reform priorities of the Member States and for the monitoring of the implementation of those priorities. This Regulation addresses the need to establish coherence between the reform and investment priorities for the euro area as a whole and the reform and investment objectives of the individual Member States whose currency is the euro, and to ensure their consistency with the European Semester.(3)At the Union level, the strategic orientations for the reform and investment priorities, as referred to in Recital (4), together with the euro-area recommendations and national reform programmes in the context of the European Semester form the framework for the identification of national reform and investment priorities of the Member States to enhance their resilience and recovery and for the monitoring of the implementation of those priorities. This Regulation addresses the need to establish coherence between the reform and investment priorities for the euro area as a whole and the reform and investment objectives of the individual Member States whose currency is the euro, and of ERM II Member States participating on a voluntary basis, and the European Semester, the Paris Agreement, as well as the Social Pillar as strategic policies of the Union.</Amend><Amend>Amendment<NumAm>5</NumAm><DocAmend>Proposal for a regulation</DocAmend><Article>Recital 3 a (new)</Article>Text proposed by the CommissionAmendment(3a)The current architecture of the Economic and Monetary Union is intrinsically complex and incomplete. To improve its efficiency and democratic accountability, the Union shall appoint a Vice President of the Commission as the next President of the Eurogroup and chair of the Board of Governors of the European Stability Mechanism, in line with the European Parliament resolution of 16 February 2017 on budgetary capacity for the euro area (P8_TA(2017)0050). This Commissioner would enforce the economic governance framework and oversee the Budgetary Instrument for Convergence and Competitiveness. At the same time, a strengthened role for the European Parliament in this renewed economic governance framework is to be guaranteed.</Amend><Amend>Amendment<NumAm>6</NumAm><DocAmend>Proposal for a regulation</DocAmend><Article>Recital 4</Article>Text proposed by the CommissionAmendment(4)On an annual basis, the Council should set out strategic orientations on the reform and investment priorities for the euro area, as part of the recommendation on the economic policy of the euro area. The strategic orientations should be adopted by the Council acting by qualified majority on a recommendation from the Commission, and after the Eurogroup has discussed the reforms and investment priorities that it considers relevant and appropriate for inclusion therein. The annual Euro Summit will play its role.(4)On an annual basis, the European Parliament and the Council should jointly set out strategic orientations on the reform and investment priorities for the euro area that are relevant for the budgetary instrument for convergence and competitiveness. The European Parliament and the Council should define the modalities of their cooperation in establishing jointly the strategic orientations. The governance framework shall ensure that the Programme is coherent with the other Union policies.</Amend><Amend>Amendment<NumAm>7</NumAm><DocAmend>Proposal for a regulation</DocAmend><Article>Recital 5</Article>Text proposed by the CommissionAmendment(5)To ensure that strategic orientations reflect the evolving experience of the implementation of the budgetary instrument for convergence and competitiveness, the Commission should, alongside its recommendation on the strategic orientations, as part of its recommendation on the economic policy of the euro area, inform the Council of how the strategic orientations have been followed during the preceding years.(5)To ensure that strategic orientations reflect the evolving experience of the implementation of the budgetary instrument for convergence and competitiveness, the Commission should, alongside its proposal on the strategic orientations, that should be consistent with its recommendation on the economic policy of the euro area, inform the European Parliament and the Council of how the strategic orientations have been followed during the preceding years.</Amend><Amend>Amendment<NumAm>8</NumAm><DocAmend>Proposal for a regulation</DocAmend><Article>Recital 6</Article>Text proposed by the CommissionAmendment(6)The Member States whose currency is the euro can decide to submit proposals for reform and investment packages under the budgetary instrument for convergence and competitiveness. To that end, the Council will adopt a Recommendation providing country-specific guidance on the objectives of reforms and investment that can be supported under the budgetary instrument for convergence and competitiveness in Member States whose currency is the euro. This Council Recommendation should be consistent with the strategic orientations adopted under this Regulation, and with the country-specific recommendations that are adopted, in parallel, under the European Semester of economic policy coordination further to discussions, where appropriate, within the relevant Treaty-based committees. The Council Recommendation shall also duly take into account any macroeconomic adjustment programme approved in accordance with the relevant provisions of Regulation (EU) No 472/2013 of the European Parliament and of the Council9.(6)The Member States whose currency is the euro can decide to submit proposals for reform and investment packages under the budgetary instrument for convergence and competitiveness. _________________9 Regulation (EU) No 472/2013 of the European Parliament and of the Council of 21 May 2013 on the strengthening of economic and budgetary surveillance of Member States in the euro area experiencing or threatened with serious difficulties with respect to their financial stability (OJ L 140, 27.5.2013, p. 1).</Amend><Amend>Amendment<NumAm>9</NumAm><DocAmend>Proposal for a regulation</DocAmend><Article>Recital 7</Article>Text proposed by the CommissionAmendment(7)The Council Recommendation providing country-specific guidance on the objectives of reforms and investment in Member States whose currency is the euro, adopted by qualified majority, should be based on a Commission recommendation. This process should be without prejudice to the voluntary nature of participation of Member States whose currency is the euro in the budgetary instrument for convergence and competitiveness, and without prejudice to the Commission’s prerogatives as regards its implementation.deleted</Amend><Amend>Amendment<NumAm>10</NumAm><DocAmend>Proposal for a regulation</DocAmend><Article>Recital 8</Article>Text proposed by the CommissionAmendment(8)Within the governance framework set out in this Regulation, the Council should set out the strategic orientations for the euro area as a whole and provide country-specific guidance on the objectives of reform and investment packages of the individual Member States whose currency is the euro. The Commission implements the Union’s budget under Article 317 TFEU, which includes the management of spending programmes. The Commission responsibilities with regard to the budgetary instrument for convergence and competitiveness [within the Reform Support Programme] under Regulation (EU) XXXX/XX should not be affected.(8)Within the governance framework set out in this Regulation, the European Parliament and the Council should jointly set out the strategic orientations on reform and investment priorities for the euro area that are relevant for the budgetary instrument for convergence and competitiveness. The Commission implements the Union’s budget under Article 317 TFEU, which includes the management of spending programmes, in accordance with the principles of sound financial management, budgetary control and parliamentary accountability. The Commission responsibilities with regard to the budgetary instrument for convergence and competitiveness [within the Reform and Investment Support Programme] under Regulation (EU) XXXX/XX should not be affected.</Amend><Amend>Amendment<NumAm>11</NumAm><DocAmend>Proposal for a regulation</DocAmend><Article>Recital 9</Article>Text proposed by the CommissionAmendment(9)On the basis of an assessment by the Commission, the Council, shall establish which Member States are experiencing a severe economic downturn for the purpose of a modulation of national co-financing rates provided for in Regulation (EU) XXXX/XX [Reform Support Programme Regulation], and without prejudice to the application of Article 2(2) of Council Regulation (EC) 1467/97 as amended.(9)On the basis of an assessment by the Commission and duly taking into account the resolutions of the European Parliament, the Council should establish, for the purpose of a modulation of national co-financing rates provided for in Regulation (EU) XXXX/XX [Reform and Investment Support Programme Regulation], whether a Member State is experiencing a severe economic downturn.</Amend><Amend>Amendment<NumAm>12</NumAm><DocAmend>Proposal for a regulation</DocAmend><Article>Recital 10</Article>Text proposed by the CommissionAmendment(10)In order to enhance the dialogue between the Union institutions, in particular between the European Parliament, the Council and the Commission, and to ensure greater transparency and accountability in that economic dialogue, the competent committee of the European Parliament can invite the President of the Council, the Commission and, where appropriate, the President of the Eurogroup to appear before the committee to discuss the measures taken pursuant to this Regulation.(10)In order to enhance the dialogue between the Union institutions, in particular between the European Parliament, the Council and the Commission, and to ensure greater transparency and accountability in that economic dialogue, the competent committees of the European Parliament may invite the President of the Council, the Commission and, where appropriate, the President of the Eurogroup and, when established, the Vice-president Commissioner of Economy and Finance, as the Commission representative and as the President of the Eurogroup, to appear before the committees to discuss all the measures that are to be taken pursuant to this Regulation. In this respect and before the Commission presents its recommendations for the euro area, the competent committees of the European Parliament may invite the President of the Council, the Commission and, where appropriate, the President of the Eurogroup and, when established, the Vice-president Commissioner of Economy and Finance, as the Commission representative and as the President of the Eurogroup, to appear before the committees for a discussion on the strategic priorities of economic policies in the euro area that contribute to the convergence and competitiveness of the economies in the euro area.</Amend><Amend>Amendment<NumAm>13</NumAm><DocAmend>Proposal for a regulation</DocAmend><Article>Article 1 – paragraph 1</Article>Text proposed by the CommissionAmendment1.This Regulation lays down provisions for the governance framework relevant for the budgetary instrument for convergence and competitiveness for the euro area within the Reform Support Programme under Regulation (EU) XXX/XX10 .1.This Regulation lays down provisions for the governance framework relevant for the budgetary instrument for convergence and competitiveness for the euro area within the Reform and Investment Support Programme under Regulation (EU) XXX/XX10.__________________________________10 O.J.C , , p.10 O.J.C , , p.</Amend><Amend>Amendment<NumAm>14</NumAm><DocAmend>Proposal for a regulation</DocAmend><Article>Article 2 – paragraph 1</Article>Text proposed by the CommissionAmendmentFor the purposes of this Regulation, the following definitions apply:For the purposes of this Regulation, ‘euro-area recommendation’ means the Council recommendation on the economic policy of the euro area in accordance with Article 136 in conjunction with Article 121(2) TFEU.(a)‘country-specific recommendations’ means the Council recommendations addressed to each Member State in accordance with Article 121(2) and Article 148(4) TFEU in the context of the European Semester of economic policy coordination;(b)‘euro-area recommendation’ means the Council recommendation on the economic policy of the euro area in accordance with Article 136 in conjunction with Article 121(2) TFEU.</Amend><Amend>Amendment<NumAm>15</NumAm><DocAmend>Proposal for a regulation</DocAmend><Article>Article 3 – paragraph 1 </Article>Text proposed by the CommissionAmendmentThis Regulation shall contribute to the convergence and competitiveness of the economies of the Member States whose currency is the euro by defining a governance framework relevant for the budgetary instrument for convergence and competitiveness, which sets out:This Regulation shall contribute to the upward convergence and competitiveness of the economies of the Member States whose currency is the euro by defining a governance framework relevant for the budgetary instrument for convergence and competitiveness, which sets out the strategic orientations on the reform and investment priorities of the euro area.(a)the strategic orientations on the reform and investment priorities of the euro area as a whole;(b)country-specific guidance on the objectives of reforms and investment relevant for the budgetary instrument for convergence and competitiveness consistent with the country-specific recommendations.</Amend><Amend>Amendment<NumAm>16</NumAm><DocAmend>Proposal for a regulation</DocAmend><Article>Article 4 – paragraph 1</Article>Text proposed by the CommissionAmendment1.On a recommendation from the Commission and after discussion in the Eurogroup, the Council shall establish, as part of the euro-area recommendation and on an annual basis, the strategic orientations for the reform and investment priorities of the euro area.1.On a proposal from the Commission, the European Parliament and the Council shall jointly establish the strategic orientations for the reform and investment priorities of the euro area that are relevant for the budgetary instrument for convergence and competitiveness.</Amend><Amend>Amendment<NumAm>17</NumAm><DocAmend>Proposal for a regulation</DocAmend><Article>Article 4 – paragraph 2</Article>Text proposed by the CommissionAmendment2.In parallel to its recommendation referred to in paragraph 1, the Commission shall inform the Council on how the strategic orientations of the preceding years have been followed by the Member States.2.In parallel to its proposal referred to in paragraph 1, the Commission shall inform the European Parliament and the Council on how the strategic orientations of the preceding years have been followed by the Member States.</Amend><Amend>Amendment<NumAm>18</NumAm><DocAmend>Proposal for a regulation</DocAmend><Article>Article 5</Article>Text proposed by the CommissionAmendmentArticle 5deletedCountry-specific guidance1.The Council shall, on a recommendation from the Commission, adopt a recommendation addressed to all Member States whose currency is the euro providing, on an annual basis, country-specific guidance on the reform and investment objectives for the purposes of the reform and investment packages, which Member States may subsequently submit under Regulation (EU) XXXX/XX [Reform Support Programme Regulation].2.The recommendation referred to in paragraph 1 shall be consistent with the strategic orientations referred to in Article 4 and with the country-specific recommendations for the Member State concerned. In the recommendation referred to in paragraph 1, the Council shall duly take into account any macroeconomic adjustment programme approved in accordance with Article 7(2) of Regulation (EU) No 472/2013.</Amend><Amend>Amendment<NumAm>19</NumAm><DocAmend>Proposal for a regulation</DocAmend><Article>Article 6 – paragraph 1</Article>Text proposed by the CommissionAmendmentWhere relevant, based on an assessment by the Commission, the recommendation referred to in paragraph 1 of Article 5 shall establish whether a Member State is experiencing a severe economic downturn, for the purposes of a modulation of national co-financing rates provided for in Regulation (EU) XXXX/XX [Reform Support Programme Regulation].The Council shall establish, based on an assessment by, the Commission, taking duly into account the resolutions of the European Parliament, whether a Member State is experiencing a severe economic downturn, for the purposes of a modulation of national co-financing rates provided for in Regulation (EU) XXXX/XX [Reform and Investment Support Programme Regulation].</Amend><Amend>Amendment<NumAm>20</NumAm><DocAmend>Proposal for a regulation</DocAmend><Article>Article 8 – paragraph 1</Article>Text proposed by the CommissionAmendmentIn order to enhance the dialogue between the Union institutions, in particular the European Parliament, the Council and the Commission, and to ensure greater transparency and accountability, the competent committee of the European Parliament may invite the President of the Council, the Commission and, where appropriate, the President of the Eurogroup to appear before the committee to discuss the measures taken pursuant to this Regulation.In order to enhance the dialogue between the Union institutions, in particular the European Parliament, the Council and the Commission, and to ensure greater transparency and accountability, the competent committees of the European Parliament may invite the President of the Council, the Commission and, where appropriate, the President of the Eurogroup to appear before the committees to discuss all the measures that are to be taken pursuant to this Regulation.In this respect and before the Commission presents its recommendations for the euro area, the competent committees of the European Parliament may invite the President of the Council, the Commission and, where appropriate, the President of the Eurogroup to appear before the committees for a discussion on the strategic priorities of economic policies in the euro area that contribute to the convergence and competitiveness of the economies in the euro area.</Amend></RepeatBlock-Amend>PROCEDURE – COMMITTEE ASKED FOR OPINIONTitleGovernance framework for the budgetary instrument for convergence and competitiveness for the euro areaReferencesCOM(2019)0354 – C9-0103/2019 – 2019/0161(COD)Committee responsible???????Date announced in plenaryECON16.9.2019Opinion by???????Date announced in plenaryBUDG16.9.2019Associated committees - date announced in plenary13.2.2020Rapporteur???????Date appointedEider Gardiazabal Rubial10.10.2019Date adopted4.5.2020Result of final vote+:–:0:3263Members present for the final voteRasmus Andresen, Clotilde Armand, Robert Biedroń, Anna Bonfrisco, Olivier Chastel, Lefteris Christoforou, David Cormand, Paolo De Castro, José Manuel Fernandes, Eider Gardiazabal Rubial, Valentino Grant, Elisabetta Gualmini, Francisco Guerreiro, Valerie Hayer, Eero Hein?luoma, Niclas Herbst, Monika Hohlmeier, Mislav Kolaku?i?, Moritz K?rner, Joachim Kuhs, Zbigniew Ku?miuk, Ioannis Lagos, Hélène Laporte, Pierre Larrouturou, Janusz Lewandowski, Margarida Marques, Siegfried Mure?an, Victor Negrescu, Andrey Novakov, Jan Olbrycht, Dimitrios Papadimoulis, Karlo Ressler, Bogdan Rzońca, Nicolae ?tef?nu??, Nils Torvalds, Nils U?akovs, Johan Van Overtveldt, Rainer Wieland, Angelika WinzigSubstitutes present for the final voteDamian Boeselager, Petros KokkalisFINAL VOTE BY ROLL CALL IN COMMITTEE ASKED FOR OPINION32+GUE/NGLPetros Kokkalis, Dimitrios PapadimoulisPPELefteris Christoforou, José Manuel Fernandes, Niclas Herbst, Monika Hohlmeier, Janusz Lewandowski, Siegfried Mure?an, Andrey Novakov, Jan Olbrycht, Karlo Ressler, Rainer Wieland, Angelika WinzigRENEWClotilde Armand, Olivier Chastel, Valerie Hayer, Moritz K?rner, Nicolae ?tef?nu??, Nils TorvaldsS&DRobert Biedroń, Paolo De Castro, Eider Gardiazabal Rubial, Elisabetta Gualmini, Eero Hein?luoma, Pierre Larrouturou, Margarida Marques, Victor Negrescu, Nils U?akovsVERTS/ALERasmus Andresen, Damian Boeselager, David Cormand, Francisco Guerreiro6-ECRJohan Van?OvertveldtIDAnna Bonfrisco, Valentino Grant, Joachim Kuhs, Hélène LaporteNIMislav Kolaku?i?30ECRZbigniew Ku?miuk, Bogdan RzońcaNIIoannis LagosKey to symbols:+:in favour-:against0:abstention ................
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