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A7-068: Regarding the Creation of a Fiscal Union

The following table describes the status, the proposer and other metadata of this amendment.
Metadata of the amendment
Motion:Regarding the Creation of a Fiscal Union
Proposer:Kārlis Zikmanis (JEF Latvia)
Status:Screened
Submitted:Today, 09:06

Motion text

Insert from line 68 to 69:

4. Tightened fiscal rules at the national level compensated by an obligation for Fiscal Union to assist during national crises to ensure long-term sustainability and prevent moral hazard within the shared fiscal framework;

Reason

Tightened fiscal rules might limit the ability of memberstates to act during times of national level crises.