Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 244

Posts Tagged ‘ambitions’

Eu leaders must raise its anbitions and launch recovery bonds

Posted by fidest press agency su venerdì, 10 aprile 2020

The agreement reached yesterday evening by the Eurogroup on a set of financial measures to support EU member states in the fight against COVID 19 and its immense economic and social impact – and particularly the agreement on a new “recovery Fund” to support European economy and cohesion among member states and citizens – marks a welcome turn in the response of the European Union to the crisis, after many weeks of dis-alignment among member states. We welcome that those member states most reluctant towards European solidarity tools have moved their position and made a deal possible.
Sandro GOZI, President of the Union of European Federalists and Member of the European Parliament, declared: “The framework of the deal is positive. I believe that the most important decision is the creation of the new “recovery Fund” to help European economy rebound from the economic impact of COVID as fast as possible, even if the key features of the Fund are still undefined. EU leaders next week can take a bold decision and make the Fund a really transformative instrument for the future of the European Union, if they decide that the Fund can finance itself in the market issuing “recovery bonds”, guaranteed by the European Union itself, if necessary together with member states. That said, the Eurogroup should have reached a deal much earlier and without the display of disunity of the past weeks, which was not positive for the European Union’s image among European citizens. It is just the last evidence of the flaws of the Eurogroup, an inefficient and intransparent body, with a great power that should be moved to the proper institutions of the European Union”.The “recovery Fund” complements a new European Re-Insurance Mechanism (SURE) to support national measures to face the raise of unemployment, the deployment of the European Investment Bank in support of businesses across Europe, and a limited but unconditional use of the European Stability Mechanism credit lines, for a total close to 600 billion Euros, which add to the already ongoing crucial actions by the European Central Bank supporting member states’ debt issuance to face the crisis.The European Federalists urge the European Parliament to support increasing the level of ambition of the deal reached by the Eurogroup with respect to the “recovery Fund” in its plenary debate next week in preparation of the European Council and urges the Heads of State and Government to finalise an ambitious deal that can become effective already in the coming weeks.

Posted in Estero/world news, Politica/Politics | Contrassegnato da tag: , , , | Leave a Comment »

Parliament supports European Green Deal and pushes for even higher ambitions

Posted by fidest press agency su venerdì, 17 gennaio 2020

Parliament adopted on Wednesday its position on the European Green Deal, unveiled by Commission President von der Leyen in a plenary debate in December. MEPs welcome the European Green Deal and support an ambitious sustainable investment plan to help close the investment gap. They also call for an adequately funded just transition mechanism.Parliament wants the upcoming Climate Law to include higher ambitions for the EU’s 2030 goal of emissions reductions (55 % in 2030 compared to 1990, instead of “at least 50 % towards 55 %”, as proposed by the Commission). The EU should adopt these targets well in advance of the UN climate change conference in November, MEPs say. They also want an interim target for 2040 to ensure the EU is on track to reach climate neutrality in 2050.To prevent carbon leakage due to differences in climate ambition worldwide, Parliament calls for a WTO-compliant carbon border adjustment mechanism.MEPs stress that they will amend any legislative proposals to meet the objectives of the Green Deal. Higher targets for energy efficiency and renewable energy, including binding national targets for each member state for the latter, and a revision of other pieces of EU legislation in the field of climate and energy are needed by June 2021, they add.The resolution was adopted with 482 votes for, 136 against and 95 abstentions.“Parliament overwhelmingly supported the Commission’s proposal on the Green Deal and welcomes the fact that there will be consistency between all European Union policies and the objectives of the Green Deal. Agriculture, trade and economic governance and other policy areas must now be seen and analysed in the context of the Green Deal”, said Pascal Canfin (RE, FR), Chair of the Environment Committee.

Posted in Estero/world news, Politica/Politics | Contrassegnato da tag: , , | Leave a Comment »