Traduction de «Croissance des bulles présentant une charge acoustique » (Français → Anglais) :

41. Will vote before the Spring Council on the Annual Sustainable Growth Guidelines with amendments proposals to be submitted to the European Council; calls for the Annual Sustainable Growth Guidelines to be subject to a codecision procedure that should be introduced by the next Treaty change; instructs its President to present at the European Spring Council the Annual Growth Guidelines as amended by the European Parliament;

– (IT) This report is the outcome of a compromise because no fewer than 1 625 amendments were tabled on it and it is divided into a series of key points covering the causes of the crisis, ranging from the property bubble to unsecured bank products, the lack of European tax harmonisation and the failure to observe the Stability and Growth Pact.

In concrete terms, it involves introducing measures which should contribute to the greater financial stability of the banking sector, and to reducing the probability of another crisis, focusing on the following five areas: the quality of capital (increasing the quality of bank capital is undoubtedly desirable), stricter liquidity standards (the liquidity risk was shown to be significant during the crisis), countercyclical measures (the creation of additional banking capital in good times should limit excessive credit growth and consequent creation of price bubbles, such as, for example, in Spain), the introduction of a leverage ratio (th ...[+++]is new indicator should contribute to the greater stability of banks, but it should include not only financial items contained in the bank’s balance sheet, but also off-balance sheet items, such as derivatives and the contingent liabilities of the bank) and, last but not least, the creation of a central counterparty for the settlement of OTC transactions, particularly in relation to greater transparency in derivatives.

RECALLING that the Commission Communication to the Spring European Council "Working together for Growth and Jobs – a new start for the Lisbon strategy" , the Integrated Guidelines (2005-2008) for the re-launch of the Lisbon Strategy, and the Community Lisbon Programme submitted in May 2005, underline the key importance of SMEs in the context of the Lisbon mid-term review; RECALLING the important policy messages with regard to small enterprises contained in the Council conclusions on "stimulating entrepreneurship - European Charter for small enterprises" of 7 March 2005 , "research and innovation, growth and employment" of 28 November 20 ...[+++]05 , as well as in the contributions from the "Competitiveness" Council to the Spring European Council in 2004 and 2005 ; RECALLING the key importance of SMEs in the diffusion of more sustainable production and consumption patterns and the resulting need for more investment in knowledge-based skill and competitiveness; NOTES that evidence shows that SMEs, and in particular micro-enterprises, are disproportionately affected by administrative burdens and recalls the conclusions of the Competitiveness Council meeting of 28 and 29 November 2005 on better regulation; WELCOMES the proposed approach to SME policy contained in the Commission's communication "Implementing the Community Lisbon Programme - Modern SME policy for growth and employment" .

(6a) In addition to this observer scheme, EU research projects should be commissioned as soon as possible to provide scientific support for the measures laid down in this Regulation, and in particular to investigate the impact of the acoustic deterrent devices on the cetacean population and the marine ecosystem, the development of alternative fishing gear and fishing methods and any other reasons for the decline in the cetacean population.

(6a). In addition to this observer scheme, EU research projects should be commissioned as soon as possible to provide scientific support for the measures laid down in this Regulation, and in particular to investigate the impact of the acoustic deterrent devices on the cetacean population and the marine ecosystem, the development of alternative fishing gear and fishing methods and any other reasons for the decline in the cetacean population.